Amazon.com posted a loss that was wider than Wall Street expectations Thursday, sending shares lower in extended-hours trading.» Read More
NEW YORK— In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion in cash and stock.
Accounting giant Ernst & Young will pay $4 million to settle civil charges that it violated auditor independence rules, U.S. regulators said.
NEW YORK— Shares of some top telecom companies are up at 1 p.m.:. AT&T Inc. rose$. 07 or. 2 percent, to $35.83. Verizon Communications Inc. rose$. 18 or. 4 percent, to $50.50.
One of the oldest and largest funds in this niche is the Merger Fund, which manages nearly $6 billion.
NEW YORK— Shares of some top telecom companies are up at 10 a.m.:. AT&T Inc. rose$. 09 or. 3 percent, to $35.85. Verizon Communications Inc. rose$. 07 or. 1 percent, to $50.39.
Dish Network said it plans to participate in the upcoming wireless spectrum auction which could position it to offer mobile services, Re/code reports.
"Barry and I decided a year and a half ago not to talk about Aereo," CBS CEO Leslie Moonves says.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
MEXICO CITY, July 9- Carlos Slim's telecommunications company, America Movil, will shed assets to avoid tough new telephone and TV regulations imposed by Mexico's Congress on Wednesday.
As earnings season starts this week, Alcoa's strong results have given some investors a reason to be optimistic about what's to come.
Discovery Communication CEO David Zaslav said TV content companies are likely to consolidate in response to pending deals between cable companies.
Some of the names on the move ahead of the open.
WASHINGTON, July 7- AT&T Inc said on Monday it will be the first U.S. wireless carrier to sell LG Electronics' smartwatch, a wrist watch that connects to Android phones and answers voice commands, and goes on sale on July 11. Juniper Research estimates the value of the wearable device market this year at $1.5 billion, up from $800 million in 2013..
Randall Stephenson, AT&T chairman & CEO, shares his thought on regulations and combining satellite and broadband technology. The beauty of this transaction is it tends to be complimentary assets, says Stephenson.
Randall Stephenson, AT&T chairman & CEO, discusses DirecTV's Latin American business and the benefits of the merger.
Randall Stephenson, AT&T chairman & CEO, discusses his company's plans to merge with DirecTV. We believe the consumer benefits on this deal are very significant, says Stephensen.
If you’ve got the appetite, Jim Cramer says this play is as high-risk / high-reward as they come.
Americans are choosing to save over spend, and that's creating an unwanted discount on these consumer spending-linked investments.
June 30- AT&T Inc will expand its board of directors to 14 members from 13 and has appointed Glenn Hutchins, a member of the Federal Reserve Bank of New York's board of directors, to fill the new vacancy, the company said on Monday.
Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led CEOs to strike big transactions in 2014.