Clearwire says its special committee and its board of directors approved Sprint Nextel's sweetened offer to take over the company and is advising shareholders to vote for the deal.» Read More
If you're wondering why we have been getting these triple digit swings in the Dow every since we hit bottom about July 15th, the answer is evident today with Freddie Mac's earnings.
Sprint Nextel warned subscriber defections would swell in the current quarter and shocked investors with a $3 billion convertible offering that sent its shares down 11 percent.
Whether stocks add to Tuesday's heady gains or not will be determined in part by whether oil prices stay in a downtrend.
In the first 10 days after Apple opened its App Store for the iPhone, consumers downloaded more than 25 million applications, ranging from games like Super Monkey Ball to tools like New York City subway maps. It was nothing short of revolutionary, not only because the number was so high but also because iPhone users could do it at all.
The markets end the week roughly flat as an increase in oil prices and the highest unemployment rate since March 2004 weighed on stocks, but Financials rallied.
SK Telecom, South Korea's top mobile carrier, posted a worse-than-expected 26% drop in quarterly profit, hit by higher marketing costs and stalling growth in data revenue.
With enhanced graphics, faster download speeds and easier access to fee-based games, Apple’s second-generation iPhone has the potential to revitalize the mobile gaming industry, experts say.
SK Telecom, South Korea's top mobile carrier, said on Thursday it was not planning to buy a controlling stake in any major U.S. mobile operator, brushing off earlier reports that it was seeking a stake in Sprint Nextel.
Stocks closed with huge gains as drop in oil prices boosted sectors previously battered by energy costs. Financials also moved sharply higher.
Stocks pushed higher as oil plunged for the second day in a row and financials staged an across-the-board rally that stemmed investor pessimism about the effects of inflation on the economy.
The Dow closed below 11,000 for the first time in two years on Tuesday. What's the "Word on the Street?"
Stocks closed lower following a zig-zag day marked by a plunge in oil and a barrage of statements and news from economic policy makers, and a resurgence for the beaten-down financial sector.
Think the Bud-InBev marriage was a shocker? You ain't seen nothin' yet.
SK Telecom, the largest provider of wireless phone service in South Korea, is in talks to acquire Sprint Nextel, the troubled U.S. wireless carrier, according to people familiar with the talks.
Ahead of the Fed's decision on Wednesday, the market pros shared stock picks with CNBC.
What's the shortest path to long-term value? Michael Lippert, portfolio manager of the Baron iOpportunity Fund, offered his stock recommendations for this volatile market.
Virgin Mobile USA is set to acquire a U.S. mobile arm of South Korea's SK Telecom as both sides agreed to combine their struggling businesses, the Financial Times reported on Wednesday.
CNBC's John Harwood; Douglas Holtz-Eakin, economic policy advisor to John McCain; and NJ Governor John Corzine discuss McCain and Obama's divergent plans for the economy and meeting America's energy needs.
Almost everywhere they looked during the week, investors saw red ink flowing. But CNBC guests worked hard to find bright spots in the murk.
Following are the “Fast & Furious” trades. Here's how to play Winnebago earnings, a new phone from Sprint and other market moving events.