Some of the names on the move ahead of the open.» Read More
WASHINGTON, May 17- Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.
These stocks are posting the largest moves before the bell.
*Clearwire shareholders to vote on Sprint buyout May 21. NEW YORK, May 17- Minority shareholders of Clearwire Corp are expected to vote down a buyout offer from Sprint Nextel Corp next week and force the No.3 U.S. wireless company to cough up more cash for control of Clearwire's valuable spectrum.
CNBC's David Faber has the latest details on the satellite company's financing deal for its proposed merger with Sprint. Also, a look at financing and the Dell proposal.
Dish Network has pulled back from 52-week highs reached last week, and traders are buying more time for the stock to rally again.
May 14- Dish Network Corp said on Tuesday it will sell $2.5 billion in debt to help fund a $25 billion bid for Sprint Nextel Corp, and that it believes it has answered all questions posed by a special committee of Sprint's board.
May 14- Dish Network Corp said on Tuesday it has answered all the questions posed by a special committee of Sprint Nextel Corp's board of directors, as Dish awaits a response to its unsolicited $25 billion offer for the company.
May 14- Dish Network Corp on Tuesday said a subsidiary would sell $2.5 billion in debt to help finance Dish's proposed $25 billion acquisition of Sprint Nextel Corp.. Dish said if the Sprint deal did not take place by a certain date, the subsidiary would redeem all the notes.
*Core U.S. retail sales rise 0.5 percent in April. *Yum Brands falls as monthly Chinese sales drop. NEW YORK, May 13- U.S. stocks were mostly flat on Monday as investors paused following a rally that took indexes to record highs, though a strong read on retail sales limited declines and the Nasdaq ticked up on a rally in Netflix.
*Elan to buy part of U.S. drug firm Theravance's royalty for $1 billion. NEW YORK, May 13- U.S. stocks dipped on Monday, retreating from the most recent record high, but an unexpected rise in retail sales last month muted declines.
*Elan, Theravance reach royalties deal. NEW YORK, May 13- U.S. stocks were poised for a lower open on Monday after the S&P 500 index closed at a record high, but an unexpected rise in retail sales last month was likely to curb any decline.
*Elan, Theravance reach royalties deal. NEW YORK, May 13- U.S. stock index futures dipped on Monday, indicating the S&P 500 may retreat from its most recent record high, ahead of data on retail sales. *Investors will look to April retail sales data at 8:30 a.m. for any signs of strength in the consumer.
TOKYO, May 13- Japan's Nikkei share average is set to rise to a new 5-1/ 2 year high on Monday after some encouraging earnings helped lift U.S. stocks to record highs and as the weakening yen further bolsters exporters.
*Dish may face difficulty securing financing for Sprint bid. May 10- SoftBank Corp has asked investment banks not to finance a rival bid for Sprint Nextel Corp by Dish Network Corp, saying this could hurt the banks' chances of gaining a role in the highly anticipated public offering of Alibaba Group Holding Ltd, according to two people with knowledge of the matter.
*ISS says Sprint offer is Clearwire's best option. May 10- The biggest U.S. proxy advisory firms were divided on Sprint Nextel Corp's proposed acquisition of Clearwire Corp, with ISS advising Clearwire shareholders to vote for the deal and Glass Lewis urging them to vote against it.
CNBC's David Faber reports the latest developments in the battle between SoftBank and Dish Network to acquire Sprint.
WASHINGTON, May 9- Senator John McCain introduced a bill on Thursday that would uproot the current system of bundling cable channels and let U.S. customers pay for select channels on an "a la carte" basis, a move likely to face stiff industry opposition.
Stocks closed lower Thursday, after the Dow and S&P 500 briefly touched fresh all-time highs. Meanwhile, the U.S. dollar rose above the key threshold of 100 yen for the first time since April 2009.
Dish Network Chairman Charlie Ergen said he could sell the entire satellite TV company if he loses the battle with Japan's SoftBank to buy Sprint Nextel.
*Chairman threatens to sell company if Sprint bid fails. May 9- Acquiring Sprint Nextel is so important to Dish Network Corp founder and Chairman Charlie Ergen that he said on Thursday he may have to put the satellite TV company up for sale unless it prevails in its bidding war for Sprint with Japan's SoftBank Corp..