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NEW YORK— Well, that was a disappointing ending. After years of nearly uninterrupted and strong returns, most mutual funds looked set to deliver another quarter of gains, albeit modest ones, for April through June. That is, it looked that way until the eve of the quarter's end, when a sell-off in global stock markets pulled down many funds.
WASHINGTON, June 30- AT&T Inc's proposed $48.5 billion acquisition of DirecTV is expected to get U.S. regulatory approval as soon as next week, according to people familiar with the matter, a decision that will combine the country's No. 2 wireless carrier with the largest satellite-TV provider. The FCC, which reviews if deals are in public interest, is poised to...
ISIS is explicitly at odds with the West, but is making a relentless effort to recruit Westerners into its ranks for propaganda value.
Netflix is flying high and according to FBR Capital, Netflix will surpass the top network's reported ratings by next year. Paul Holland, Foundation Capital general partner, weighs in on his outlook on Netflix.
Users of Apple's iPhone on T-Mobile's network are reportedly suffering from random "blue screens of death," USA Today reports.
The torrid run in Netflix shares has outpaced the company's growth, prompting Citi to downgrade the stock to neutral from buy.
NEW YORK— Charter is trying to convince the government that consumers will benefit if it is allowed to create a cable giant through its proposed $67.1 billion acquisition of Time Warner Cable and Bright House. It is seeking government approval after regulators' concerns led Comcast to scrap its $45 billion bid for Time Warner Cable in April.
Mark May, Citi Internet analyst, weighs in on his position in Netflix as Citi downgrades the streaming company.
JERUSALEM, June 25- Bezeq Israel Telecom, Israel's largest telecoms group, has completed a deal to take full control of its satellite TV unit YES after the communications regulator determined it would not harm competition in the multi-channel TV market. Bezeq, already a shareholder, bought the remaining 50.2 percent of YES from Eurocom, a company controlled by...
Some of the names on the move ahead of the open.
Ben Lichtenstein, president of Tradersaudio.com, says Carl Icahn's exit from his stake in Netflix is a "good call", but explains why he remains bullish on the U.S. markets.
Jim Cramer has a better idea for this outspoken investor.
Jim Cramer warns investors that a split is not a good reason to own a stock; it's just cosmetic.
Jim Cramer agrees with Carl Icahn that the market is overheated. Does that mean it's time to ring the register?
The "Fast Money" traders give their final trades of the day.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Monsanto Co., down $6.46 to $106.32. Freeport-McMoRan Inc., up 45 cents to $20.56.
Monsanto falls, weighing on material shares. NEW YORK, June 24- U.S. stocks closed lower on Wednesday, dropping in a broad decline as the outcome of negotiations between Greece and its international creditors remained up in the air, prompting investors to drop riskier assets like equities. Wall Street has lately taken its cue from the situation in Greece, which...
U.S. stocks closed lower on Wednesday as investors weighed the renewed impasse in the Greece debt talks and digested domestic data.
*Apple rises; Netflix trims gains after Icahn comments. NEW YORK, June 24- U.S. stocks fell in a broad decline on Wednesday as the outcome of negotiations between Greece and its international creditors remained up in the air, prompting investors to drop riskier assets like equities. Wall Street has lately taken its cue from the situation in Greece, which needs fresh...
A day after Netflix announced a 7-for-1 stock split, Icahn said he sold his remaining shares.