S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) Japan says…
AT&T (NYSE: T) said it would work to close its $39 billion deal to buy T-Mobile despite FCC objections. If the deal does not go through AT&T owes T-Mobile parent Deutsche Telekom…
Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a…
Clearwire Corp. (NASDAQ: CLWR) yesterday filed a shelf registration document with the US SEC and nearly simultaneously announced that it planned to offer $300 million in class A common stock in a…
Dividends are still rising and equity and income investors should expect more of the same for 2012. The Walt Disney Company (NYSE: DIS) joined in on the dividend hike brigade with another dividend…
Auto sales reach a two-year high. (Reuters) Tom Glocer, the head of Thomson Reuters (NYSE: TRI), resigns and will be replaced by the COO. (Reuters) The intellectual property battle between Apple (NASDAQ:…
Blackstone (NYSE: BX) and Bain may bid for Yahoo! (NASDAQ: YHOO) along with Asian partners Alibaba and Yahoo! Japan. (Reuters) China’s PMI contracts for the first time in three years. (Reuters) The…
AT&T (NYSE: T) planned to buy the T-Mobile unit of Deutsche Telekom for $39 billion. The deal for the purchase of the No.4 wireless firm in the US has been effectively blocked…
Douglas A. McIntyre AT&T (NYSE: T) and China Telecom announced that they would expand AT&T’s existing IP-VPN service in China and connect the China Telecom and AT&T MPLS-based IP networks in the United States AT&T…
Douglas A. McIntyre The EU continues to work on its bailout fund and may ask the IMF for help. (Reuters) American Airlines parent AMR (NYSE: AMR) files for Chapter 11. (Reuters) S&P cuts its ratings on…
Documents from the FCC analysed by The Wall Street Journal show the extent to which the agency resisted a deal for AT&T (NYSE: T) to buy T-Mobile. The documents said that the merger…
Douglas A. McIntyre AT&T Inc. (NYSE: T) is working on a deal that it hopes will salvage its $39 billion takeover of T-Mobile USA, a division of Germany’s Deutsche Telekom AG (OTC: DTEGY). AT&T is…
Shares of Sprint-Nextel (NYSE: S) have lagged the market considerably today. The stock is up only 2.3% as the broader market is higher by 3.5%. Sprint shareholders are concerned that AT&T (NYSE:…
Douglas A. McIntyre Updated throughout the day. AT&T (NYSE: T) will sell more assets to get government approval of the buyout of T-Mobile (WSJ) Microsoft (NASDAQ: MSFT) may participate in a bid for Yahoo! (NASDAQ:…
Moody’s says the EU debt crisis threatens the sovereign ratings of all nations in the region. (Reuters) Three large BSkyB shareholders will vote against James Murdoch staying on as chairman. (Reuters) The…
