Some of the names on the move ahead of the open.» Read More
Some of Wednesday's midday movers:
Aug 6- Dish Network Corp, the second-largest U.S. satellite TV company, reported a 5.7 percent rise in second-quarter revenue as it earned more from each subscriber. Revenue rose to $3.69 billion from $3.49 billion a year earlier.
Sprint is abandoning its pursuit of T-Mobile as the regulatory challenges of the deal are too steep.
After 21st Century Fox's failed bid to acquire Time Warner, the question arises as to what other media giants are now in play for purchase?
His days start at 5:15 a.m. and end at 11 p.m. But the long hours more than pay off for Leon Cooperman, the billionaire founder of Omega Advisors.
WASHINGTON, July 12- Phil Falcone's Harbinger Capital Partners has filed suit against the U.S. government, accusing it of reneging on an agreement regarding bankrupt Harbinger-backed wireless company LightSquared LP, the Wall Street Journal reported.
WASHINGTON, July 10- Verizon Communications Inc had a net addition of over 1.4 million postpaid subscribers in the second quarter, its chief executive said on Thursday, a dramatic increase from the first quarter, when customer growth fell short of expectations.
Dish Network said it plans to participate in the upcoming wireless spectrum auction which could position it to offer mobile services, Re/code reports.
July 9- Harbinger Capital Partners has sued Dish Network Corp and its chairman, Charles Ergen, for at least $1.5 billion, accusing them of trying to strip the hedge fund of its control of bankrupt wireless company LightSquared. The lawsuit, filed in a Colorado federal court on Tuesday, said Ergen had engaged in fraud and violated a federal anti-racketeering law.
Some of Monday's midday movers:
NEW YORK, July 6- Dish Network Corp shares could jump 20 percent over the next year if the Federal Communications Commission's wireless spectrum auction prompts investors to revalue the company's wireless real estate, Barron's said in a story published Sunday.
NEW YORK, July 1- Bankrupt wireless venture LightSquared on Tuesday revealed a new restructuring proposal that would cede 74 percent of its equity to a new investor group that includes JPMorgan Chase& Co, Cerberus Capital Management and Fortress Investment Group.
June 20- Verizon Communications Inc unit Verizon Wireless is looking to buy satellite-TV operator Dish Network Corp's spectrum to improve wireless internet speeds, the New York Post reported, citing sources familiar with the matter. Verizon Communications shares were little changed at $49.39.
If you want to consider investing in digital currencies like bitcoin, these are the primary methods.
By 2020, banks will lose 35 percent of their market share to technology companies. Here's how investors are rethinking money management.
Some of the names on the move ahead of the open.
According to some strategists, bitcoin's appealing status as a means of payment and store of value make it an appealing new alternative to gold.
EBay's John Donahoe tells CNBC he sees bitcoin and other digital currencies playing an "important role" in PayPal.
The price of a bitcoin started breaking away in mid-May, and it now sits above $650.
June 3- Apple Inc will let software developers include virtual-currency transactions in their applications, paving the way for new forms of money to appear on iPhones and iPads.