Today’s Best Market Rumors (6/13/2012) Justice Department Probes Cable

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Updated throughout the day on the 24/7 Wall St. Wire.

The Justice Department is examining whether large cable companies restrict the distribution of online video. Comcast (NASDAQ: CMCSA) and Time Warner (NYSE: TWC) have been part of the probe (WSJ)

Wal-Mart’s (NYSE: WMT) plans to buy the Latin American assets of Carrefour SA have slowed as the European firm focuses on a turnaround of its core businesses

Douglas A. McIntyre