October's jobs report is expected to be one of the weakest of the year, distorted by the impact of the 16-day government shutdown.» Read More
*Dividend payments still a priority for Verizon. *Executives see Verizon regaining its credit rating in 4-5 years. On a conference call with analysts on Tuesday, Chief Financial Officer Fran Shammo said Verizon should still participate in upcoming wireless airwaves auctions, despite a plan to take on more than $60 billion in new debt to pay for Verizon Wireless.
You've missed one of the moves, but Cramer thinks there's still time for two others.
Stocks finished modestly higher in lackluster trading Monday, with the Dow and S&P 500 closing at new highs for the third-straight session, as investors digested a handful of mixed economic data and ahead this week's slew of earnings reports.
*Citigroup shares climb after earnings. NEW YORK, July 15- U.S. stocks edged up on Monday, putting the S&P 500 on track for an eighth day of gains, as upbeat results from Citigroup offset mixed U.S. economic data. Shares of Citigroup shot up 1.9 percent to $51.80 after the third-largest U.S. bank by assets reported a 26 percent increase in adjusted quarterly profit.
Hedge fund founder John Paulson is betting big on the telecom sector and it's paying off big-time. The latest win could be AT&T's $1.9 billion deal for Leap Wireless.
*Citigroup shares climb after earnings. NEW YORK, July 15- U.S. stocks edged up on Monday after hitting record highs in the previous session, as better-than-expected earnings from Citigroup were offset by mixed U.S. economic data.
*Citigroup shares jump after earnings. NEW YORK, July 15- U.S. stocks were little changed at the open on Monday after hitting record highs in the previous session, as better-than-expected earnings from Citigroup were offset by mixed U.S. economic data.
The 'Squawk on the Street" crew weigh in on a recent Lundberg survey that says prices at the pump are expected to spike once retailers pass on the higher cost of wholesale gasoline to consumers, and a look at Tiffany's upgrade at Stifel.
U.S. stock index futures shaved some gains Monday, as investors digested a weaker-than-expected retail sales report against China's annual GDP data that met expectations.
Some of the names on the move ahead of the open.
Did someone know something early in Leap Wireless?
NEW YORK, July 12- AT&T Inc will buy Leap Wireless International Inc for $1.19 billion, paying almost double the current value of the prepaid mobile service provider as major U.S. carriers scramble to acquire valuable wireless spectrum.
Leap Wireless shares almost doubled in after-hours trading Friday following news that AT&T plans a $1.2 billion takeover, much to the delight of some of the biggest whales on Wall Street.
July 12- AT&T Inc said on Friday it will acquire prepaid wireless provider Leap Wireless International Inc in a deal valued at about $4 billion, including debt. Under the agreement, AT&T will acquire all of Leap's stock and approximately 5 million subscribers for $15 per share in cash or about $1.2 billion.
Leap Wireless shares are trading well above the $15 per share AT&T has agreed to pay for the prepaid-wireless company, indicating investors think another bidder will emerge.
Check out which companies are making headlines after the bell Tuesday:
The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.
Oct 10- Leap Wireless International Inc:. *Announces closing of $400 M secured term loan facility. October 2019* Source text* Further company coverage ().
WASHINGTON, Oct 9- A U.S. congressional report that urged American companies to stop doing business with Chinese telecom equipment makers Huawei and ZTE.
The Nasdaq Composite Index increased 1.18 points, or 0.04 percent, to 3,150.64. **PRIMERO MINING CORP, $7.16, up 32.6 pct. **FLEETMATICS GROUP PLC, $22.98, up 35.2 pct.