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Year: 2013

All Year: 2013 Articles

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AT&T Pays $1.9 Billion to Verizon for More Spectrum

ThinkstockAT&T Inc. (NYSE: T) announced this morning that it is acquiring wireless spectrum in the 700 MHz B band from Verizon Wireless for $1.9 billion. The spectrum covers 42 million people in 18 states,…

Paul Ausick · 14 years ago

Super Bowl XLVII: Major Money Stats and Factoids

ThinkstockEach and every year, the Super Bowl enthralls Americans. And 2013 will be no different. 24/7 Wall St. wanted to pull together some factoids about Super Bowl 47. The game will be a boon…

Jon C. Ogg · 14 years ago

Bright Horizons IPO Goes Out Big

24/7 Wall St. StaffA firm that provides employer-sponsored childcare and other family services held its initial public offering (IPO) this morning, with shares priced above the expected range of $19 to $21. Bright Horizons…

Paul Ausick · 14 years ago

LipoScience IPO Prices Weak but Debuts Strong

ThinkstockLipoScience Inc. (NASDAQ: LPDX) is now open as a public company, now that its initial public offering has priced and begun trading. This was an under-the-radar IPO, and some investors may not know about…

Jon C. Ogg · 14 years ago

New Home Sales Slip in December, but Up for the Year

ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for December. Sales fell 7.3% to a seasonally adjusted annual rate of 369,000 from a revised November sales figure of 398,000.…

Paul Ausick · 14 years ago

SandRidge Board Denies Investors’ Claims

ThinkstockBack in November, hedge fund TPG-Axon Capital sent a letter to the board of directors of SandRidge Energy Inc. (NYSE: SD) challenging the company’s strategy and management. TPG-Axon owns about 6.7% of SandRidge. Investment…

Paul Ausick · 14 years ago

P&G Tops Estimates, Set for New High

Courtesy The Procter & Gamble Co.The Procter & Gamble Co. (NYSE: PG) reported second-quarter fiscal 2013 results before markets opened this morning. The consumer products maker posted adjusted diluted earnings per share (EPS) of…

Paul Ausick · 14 years ago

New 52-Week High Follows Honeywell Earnings Report

ThinkstockHoneywell International Inc. (NYSE: HON) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the conglomerate posted adjusted diluted earnings per share (EPS) of $1.10 on revenues of $9.58…

Paul Ausick · 14 years ago

Halliburton Earnings Look Better Than They Are

ThinkstockHalliburton Co. (NYSE: HAL) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the oil and gas services company posted adjusted diluted earnings per share (EPS) of $0.72 on…

Paul Ausick · 14 years ago

Apple Shares Slashed at Goldman

courtesy of Apple Inc.After a dismal day on the markets, Apple Inc. (NASDAQ: AAPL) took another slap early this morning. Analysts at Goldman Sachs have cut their estimate 12-month price target for the maker…

Paul Ausick · 14 years ago

German Industry and Trade Rise for the Third Straight Period

ThinkstockWhat has been called the “German miracle,” which is the ability for the European Union’s largest economy to grow in the face of the region’s recession, got some support today. The January 2013 Ifo…

Douglas A. McIntyre · 14 years ago