Daily News | Good news for T-Mobile

Hello and welcome to another week of trading analyses. We’ll start today’s report with some good news for T-Mobile and the stocks of that company. According to the latest data, the company reported that it has 1.3 million net customers more in the third quarter. Consequently, their revenues in the same quarter reached $10 billion – this is the first time that number went up 8 percent. Some analysts forecast that average revenues might be $21.4 billion, which is a year-on-year gain of 1.6 percent. On the other hand, some investors think that the best year is behind T-Mobile. Their opinion is that this good news for T-Mobile is only temporary and that the company reached its peak in June with the price of $68 per stock. In Europe, T-Mobile’s home market, the sales rose 0.4 percent in the first half.

Our second news comes from Israel and has to do with Teva Pharmaceutical Industries, a producer of drugs. According to Israeli media reports, billionaire businessman Len Blavatnik is thinking on investing some serious money, although Teva hasn’t been doing that well recently. Their stocks hit a 17-year low last week. We can’t predict what will happen with the company, but you should definitely be careful if trading their stocks. Stay with us every day of the week for more info.

Daily News | Get involved with an elite partner

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Author: Max Rothstein
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