Lamar Villere, portfolio manager at the Villere Balanced Fund, gave CNBC his top small-cap picks for investors wary of global economic uncertainty.» Read More
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...
Some of the names on the move ahead of the open.
NEW YORK, June 30- Sprint Corp said on Tuesday it will offer an $80 a month cellular phone plan, including both service and smartphone device fees, hoping to draw users who dislike complex price plans and hidden costs. The "All-in" plan will offer unlimited talk, text and data at $60, plus $20 to lease phones such as the iPhone 6 and Samsung's Galaxy S6, chief marketing...
Congress this week gave Obama "fast-track" power to speed the agreement through Congress. Microsoft Corp, International Business Machines Corp, AT&T Inc and Intel Corp see exports of digital services, such as software and technology consulting, rising in Asian markets. The deal would eliminate a 25 percent tariff on pickup trucks made in Japan and southeast...
MEXICO CITY— AT&T Inc. plans to invest about $3 billion to build up its recently acquired Iusacell mobile phone network in Mexico. Iusacell announced Thursday that the plan will extend voice and data services to cover about 100 million people in Mexico by 2018.. AT&T said in January that it plans to create the first North American mobile service area covering...
FCC Chairman Tom Wheeler proposed the agency's first such cap on Thursday, and also dismissed T-Mobile US Inc's request for new limits on how much spectrum dominant carriers Verizon Communications Inc and AT&T Inc can buy in the next auction in 2016.. The FCC is expected to decide in coming days whether Dish abused the small-business discount program by...
MEXICO CITY, June 25- AT&T Inc plans to invest around $3 billion in its high-speed mobile Internet network in Mexico, the company said on Thursday. The company's move into Mexico came in the wake of a sweeping sector overhaul which forced billionaire Carlos Slim's America Movil to open up infrastructure and let rivals interconnect to his network for free.
WASHINGTON, June 25- U.S. Federal Communications Commission Chairman Tom Wheeler wants the agency to reject a T-Mobile US Inc request that more airwaves be set aside for smaller wireless companies like itself to bid on during a government auction next year. Reuters last month reported the regulators were leaning toward such a decision amid vigorous lobbying...
NEW YORK— T-Mobile is revamping its phone-upgrade program by eliminating a $10- a-month charge for the most popular phones. Customers had to pay $10 a month to be eligible for the upgrade program, known as Jump. AT&T and Verizon soon followed with their own programs— without the monthly fee.
Facebook is now more valuable than Wal-Mart, which highlights a wider power shift at the top of the S&P 500 index.
NEW YORK, June 23- U.S. stocks ended with slight gains on Tuesday, with the Nasdaq eking out another record close while investors continued to await clarity on whether Greece could reach a deal to prevent defaulting on its loans. Greece needs fresh funds to avoid defaulting on a $1.8 billion debt repayment to the International Monetary Fund on June 30.
U.S. stocks closed mildly higher as investors remained optimistic on the Greece debt talks and eyed continued signs of moderate economic growth.
Golfer Jordan Spieth says he was "really fortunate" to win the U.S. Open after Dustin Johnson collapsed on the final hole.
Wall Street is starting to love shares of AT&T. Here's why.
Discussing why Amir Rozwadowski, Barclays Research analyst, upped AT&T's price target to $39 per share.
U.S. stock index futures pointed to a higher open on Tuesday, following gains in overseas markets and ahead of domestic economic reports.
Some of the names on the move ahead of the open.
Roberts, who set up Comcast after he bought a small cable television operator in Tupelo, Mississippi in 1963, died of natural causes in Philadelphia, Comcast said in a statement. He led Comcast from its humble beginnings to a $150 billion media conglomerate. Roberts, who was chairman emeritus of Comcast's board, had spent more than five decades at the company.
NEW YORK— Ralph Roberts, a cable pioneer who built Comcast from a small cable TV system in Mississippi into an entertainment and communications behemoth, has died. Comcast said in a statement that Roberts died Thursday night in Philadelphia of natural causes. Roberts changed the name of the company to Comcast and ran it until he was in his 80 s.
The Federal Communications Commission on Thursday agreed that Verizon, AT&T and other telecommunication carriers aren't duty-bound to connect those annoying "robocalls" if a consumer doesn't want them. FCC commissioners mostly agreed that call blocking technology or "do not disturb" services should not only be allowed but encouraged.