Some of the names on the move ahead of the open.» Read More
Microsoft is busy pushing its entertainment offerings. The tech company's new secret weapon in selling digital downloads to play on a cell phone or other devices is a new digital rights management technology called PlayReady. The upside for consumers: content purchased for one mobile device isn't limited to just that gadget. Users can register several devices to share content. This is a rather controversial approach, but could really catch on eventually.
Speaking at a media and technology conference in New York, Murdoch said there would be more details on the long-awaited channel announced soon.
Stocks suffered their biggest pullback in two months as a disappointing bond auction and a lackluster report on sales of existing homes halted the market's two-day rally.
AT&T , now the nation's largest telecom company after closing its purchase of BellSouth, posted fourth-quarter earnings of 61 cents a share, two cents above consensus estimate compiled by Thomson Financial.
It was a record day for stocks as every sector finished the day in positive territory. The Dow Jones Industrial Average closed at an all -time high while the Nasdaq and S&P 500 were boosted by strength in tech shares. The S&P 500 finshed the day at a new six-year high.
Cingular Wireless, the nation's largest cell phone provider and now fully-owned by AT&T, said fourth-quarter profit nearly quadrupled, boosted by customer growth during the winter holiday quarter.
AT&T customers who subscribe to both its Cingular Wireless and traditional phone services can now make and receive unlimited free calls to and from any other AT&T or Cingular customer.
Three years after AT&T Wireless subscribers found their cell-phone carrier was now Cingular Wireless, Cingular Wireless subscribers will soon be learning to call their carrier AT&T.
AT&T plans to push new wireless services and make advertising a key revenue stream following its $86 billion acquisition of BellSouth, The Wall Street Journal reported on Tuesday.
The Federal Communications Commission unanimously approved AT&T's $86 billion buyout of BellSouth on Friday. The FCC's approval was the last major regulatory hurdle for the proposed deal, which is the largest telecommunications merger in U.S. history.
As we end for today, we can safely report it's been a banner year for stocks--by just about everyone's measuring stick. Bonds didn't so bad either. Blue chips were certainly the big standouts of 2006. The Dow Jones industrial average--the index of 30 of the nation’s biggest companies, hit record levels dozens of times since closing at 12,011.73 on Oct. 19. It's since surged to an intra-day high of 12,529.87. All this despite....
AT&T agreed last night to a number of concessions in its $85 billion proposed buyout of BellSouth. The telecom bellwether is hoping for approval by the U.S. Federal Communications Commission by the end of today – the final business day in 2006. Telecom analyst William Power was on “Street Signs” explaining what will happen if AT&T doesn’t make the deadline.
On this final day of what has been a banner year for stocks, the market is looking set for a lower open. European markets are mostly lower. Tokyo closed the year with the Nikkei up 6.9 percent, its fourth up year and its longest winning streak since the late 1980s. Oil is weaker this morning.
The acquisition of Bell South by AT&T might be at hand. CNBC's David Faber has his ear to the ground -- and "The Street."
A long-delayed buyout deal between AT&T and BellSouth may close as early as tomorrow, CNBC's David Faber reported.
Sellers outnumbered buyers on Wall Street after multiple reports signaled a slowdown in economic growth. CNBC's "Closing Bell" team sorted through the details.
All the major market indexes finished lower for the day. Volume is likely to be light on Friday ahead of the Christmas holiday.
A sharply divided FCC voted 3-2 along partisan lines to impose new measures meant to ensure that local governments do not block new competitors from entering the cable television market.
AT&T's proposed buyout of BellSouth was thrown into doubt Monday when Robert McDowell, a member of the Federal Communications Commission and a former telecommunications industry lobbyist, said he will not be voting on the deal.
AT&T proposed buyout of BellSouth was thrown into doubt when Robert McDowell, a member of the FCC and a former telecommunications industry lobbyist, said he is excluding himself from participation in the agency's deliberations on the deal.