Deutsche Telekom has a problem. It has effectively sold T-Mobile to AT&T (NYSE: T) for $39 billion. T-Mobile management has almost certainly begun to work on a transition which will include layoffs…
Douglas A. McIntyre The House defeated a bill to raise the national debt limit. (Reuters) Google (NASDAQ: GOOG) unsuccessfully tried to form a venture with Facebook. (Reuters) SAC is under investigation for its trading of…
Moody’s said it may downgrade Japan’s debt because of its economic problems and huge debt. (Reuters) Goldman Sachs traded $1.8 billion in Libyan sovereign capital in 2008 and lost most of it.…
Updated throughout the day. California may review the AT&T (NYSE: T) offer for T-Mobile (Bloomberg) The Indian government may raise the amount it charges for diesel fuel (Bloomberg) Douglas A. McIntyre
Douglas A. McIntyre Google (NASDAQ: GOOG) was sued by PayPal and Ebay (NASDAQ: EBAY) over the use of trade secrets in its new e-commerce payment system. (Reuters) A power shortage in China may cause the…
Now that the 10-Year Treasury Note has been back to close to the 3.00% yields again, we wanted to see which Dow Jones Industrial Average components had a higher dividend yield than…
Strauss-Kahn resigned at managing director of the IMF. The Japanese economy has fallen into recession and should recover late in the year. (Reuters) LinkedIn priced at $45, the top of its range.…
The two telecom giants of AT&T, Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ) are both Dow Jones Industrial Average members. They are both considered to be very defensive stocks in…
GS.COMGoldman Sachs Group (NYSE: GS) may be the most hated large financial firm in the world. That does not seem to have hurt its business prospects. It may even help them. Companies…
China eased restrictions on US companies to give them access to supply the People’s Republic services and to sell mutual funds. (Reuters) Toyota’s (NYSE: TM) operating profit dropped 52% in the last…
Apple (NASDAQ: AAPL) moved past Google (NASDAQ: GOOG) as the world’s most valuable brand, according to research firm Millward Brown. (Reuters) New negotiations between China and the US seeks to reduce tensions…
Updated throughout the day. The Department of Justice has increased its activity as it examines AT&T’s (NYSE: T) plan to buy T-Mobile (WSJ) Netflix (NASDAQ: NFLX) want to move into Latin American…
Glencore’s IPO will be for about $11 billion. (Reuters) The slide of the dollar has caused concerns about how it may hurt the stability of the credit markets. (Reuters) Portugal set a…
Nasdaq (NASDAQ:NDAQ) and ICE may make a hostile bid for NYSE Euronext (NYSE: NYX) (Reuters) Silver and gold are near all-time highs (Reuters) The House Budget Chair favors a cut in oil…
Just last month CenturyLink, Inc. (NYSE: CTL) complete its $12.2 billion acquisition of Qwest. At the time the deal was announced, it seemed to make little sense because neither Qwest nor CenturyLink…
