According to Reuters, a survey of sovereign wealth funds found concerns about their investment is overblown. Reuters reports that Verizon Wireless (VZ)(VOD) will buy Alltel for over $28 billion. Reuters reports that…
The big wireless merger has gone through. Under the terms of the agreement, Verizon Wireless will acquire the equity of Alltel for approximately $5.9 billion. Based on Alltel’s projected net debt at…
Word from Vodafone (VOD), which owns part of Verizon Wireless, and other sources is that Verizon is looking at a purchase of Alltel, another cellular carrier. TPG Capital and Goldman Sachs Capital…
According to Reuters, nuclear energy is beginning to make a comeback Reuters reports that Vodafone (VOD) said Verizon Wireless is in talks to buy Alltel. Reuters writes that Corporate Express will open…
Alltel may soon be acquired by Verizon Communications Inc. (NYSE: VZ), according to a breaking news report from CNBC‘s David Faber. Faber just noted that the companies are in advanced talks to…
Sprint (S) put out promising news. Along with Clearwire (CLWR) and an investor group with big tech companies like Google (GOOG) and Intel (INTC), the wireless company will build a 4G network…
According to Reuters, small business sentivment is still shaky. Reuters writes that InBav may start Anheuher-Busch (BUD) takeover talks this week. Reuters writes that Asian central banks are propping up their currencies.…
After a period of deep concern by Apple (AAPL) investors, when the stock fell from $194 at the beginning of the year to $121 in early February and then languished for two…
All of the rumored good news out of Sprint (S) took the stock on a magic carpet ride yesterday. First there were reports that Deutsche Telekom (DT) might buy the whole company.…
Apple (AAPL) has picked up a deal which should accelerate sales of its iPhone into a number of new countries. It a brilliant tie-up with Vodafone (VOD), Europe’s largest cellular carrier, According…
According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper to Blackrock. Reuters writes that Bernanke says that high foreclosure rates are…
Markers in Europe were modestly higher at 6.30 AM New York time. The FTSE rose .1% to 6,092. BHP Billiton (BHP) was up 2.8% to 1851. Vodafone (VOD) was off 1.5 to…
Verizon (VZ) had a quarter which indicated that no matter what is wrong with the economy people are still subscribing to cellular service. Revenue at the phone company rose 5.5% to $23.8…
Europe markets are narrowly mixed at 6.15 AM. The FTSE is up .2% 6,066. BHP (BHP) was up 2.5% to 1835. Vodafone (VOD) is down 2.3% to 152.4. The DAXX is down…
These are the early-bird calls that we are looking at pre-market this Tuesday morning ahead of the earnings deluge that is about to start: Blockbuster (NYSE: BBI) Cut to Neutral at JPMorgan.…
