xxxxxDT
The European Central Bank bailout pledge helps companies in the region to borrow inexpensively. (Reuters)Samsung makes a profit of $7.3 billion but says the next quarter will be weaker. (Reuters)The...
Published:
The founder of Best Buy Co. Inc. (NYSE: BBY) is well along with an $11 billion buyout plan. (Reuters)As some companies leave Spain, the nation’s tax base falls. (Reuters)China’s services...
Published:
News Corp. (NASDAQ: NWS) takes a $2.85 billion write-down, mostly on its publishing properties, as it prepares to spin them off. (Reuters)Standard Chartered pushes back on allegations about money...
Published:
Angela Merkel goes into today’s EU summit at odds with other leaders about regionwide bonds and austerity. (Reuters)Barclays (NYSE: BCS) pays $453 million to settle a probe on Libor trading....
Published:
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...
Published:
Obama proposes a $447 billion job stimulation package. (Reuters)Economic problems to be the focus of G7 meetings. (Reuters)One Super Congress member threatens to quit over concerns about military...
Published:
Moody’s reports that it is concerned about the financial effects of the AT&T (NYSE: T) $39 billion buyout of T-Mobile. The US telecom will take on $20 billion in debt to close the deal. Moody’s...
Published:
Just days after rumors that Sprint-Nextel (NYSE: S) and T-Mobile would merge, AT&T (NYSE: T) bought the Deutsche Telekcom US division of $39 billion. The deal dashes Sprint’s hopes to challenge...
Published:
Last Updated:
The FCC may try to undo what the free markets have done according to its annual report. It argues that the concentration in the wireless market is rising quickly, perhaps too quickly. Take This...
Published:
German telecommunications giant Deutsche Telekom AG (NYSE: DT) reported better-than-expected profit today of $967 million on revenues of about $19.91 billion. Analysts were expecting profit of about...
Published:
Last Updated:
Reuters: The SEC said there was no single cause of the market plunge.Reuters: The Senate approved a single audit of the Fed.Reuters: Morgan Stanley Group (NYSE: MS) is the subject of a...
Published:
Last Updated:
By Jeff Reeves, Investor PlaceWireless telecom provider Verizon (NYSE: VZ) has been trouncing AT&T (NYSE: T) for months in surveys of customer satisfaction and loyalty. But a recent survey by...
Published:
Last Updated:
Reuters: EU leaders are divided on Greece before their summit.Reuters: Changes in the health care bill will go back to the House.Reuters: China described interest rates as a “heavy-duty...
Published:
Microsoft (MSFT) launched an impressive new version of it mobile operating system. Windows Phone Series 7 will offer Zune multimedia features and game features and functions from the Xbox....
Published:
There was one issue which concerned us the most after Google Inc. (NASDAQ: GOOG) entered the smartphone market, and that was that this might create a race to zero via an old-fashioned price war. ...
Published: