Verizon has started a process to sell its data center assets, hoping to fetch more than $2.5 billion, people familiar with the matter said.
Jim Cramer provides his opinion on caller favorite stocks, including this stock being pummeled by the bears.
NEW YORK, Nov 6- Verizon Communications Inc is exploring a sale of its enterprise assets which could be worth as much as $10 billion, according to people familiar with the matter, as the largest U.S. wireless carrier seeks to focus on its core business. Wireline provider CenturyLink Inc was in talks with Verizon earlier this year to buy some of the assets but could...
Oct 16- The Federal Communication Commission said on Friday it is investigating AT&T Inc, CenturyLink Inc, Frontier Communications Inc, and Verizon Communications Inc over allegations of anticompetitive practices. Smaller rivals of these four companies have alleged that their tariff pricing plans for business data services are unreasonable and lock up...
Oct 16- The Federal Communication Commission said it is investigating AT&T Inc, CenturyLink Inc, Frontier Communications Inc, and Verizon Communications Inc over allegations of anticompetitive practices. Smaller rivals of these four companies have alleged that their tariff pricing plans for business data services are unreasonable and lock up the vast...
Chinese networking vendor Huawei is setting its sights on the rural U.S., where broadband is hard to find.
Jim Cramer provides his opinion to caller favorite stocks, including this hospitality play that's way oversold.
Rackspace, the cloud computing player that has been for sale since May, says it intends to remain independent, Re/code reports.
Some of Monday's midday movers:
Corporate America may have another tax-avoidance trick up its sleeve, what some are calling 'outversions.'
Stocks fell Tuesday as geopolitical issues came back into play, offsetting upbeat earnings.
Some of Tuesday's midday movers:
U.S. cable and fiber Internet providers usually deliver the advertised download speeds, while DSL connections increasingly fall short, the FCC said.
Level 3 Communications said it would buy internet services provider TW Telecom for $40.86 per share in a cash and stock deal.
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The relatively sharp jump in interest rates since the beginning of May has taken a toll on the stock market, and analysts see more pain ahead.
Hackers on Tuesday launched cyberattacks that affected websites in a planned campaign called "Operation USA."
Comcast reported earnings that topped Wall Street analysts' estimates by a penny a share on Wednesday, driven by gains in its cable and theme park businesses.
Take a look at some of Thursday's midday movers:
That's classified! Not anymore. US agencies like the FBI will begin sharing some classified information with companies to help prevent hack attacks.