As RadioShack announced Tuesday that it would shutter 1,100 stores, "Shark Tank" investor Kevin O'Leary turned his sights on the struggling retailer.» Read More
BONN, Germany, March 6- Deutsche Telekom AG is to spend more money attracting customers to its T-Mobile business in the United States, suggesting it aims to go it alone in that market for now even though there is talk of a sale of the company.
BONN, Germany, March 6- Deutsche Telekom AG dashed hopes for a recovery in dividend payments by 2015 after scrapping its outlook for free cash flow to spend more money to win customers in the United States.
NEW YORK, March 5- Masayoshi Son isn't used to taking no for an answer. It is no secret that Son, known to have threatened self-immolation to get his way in the past, wants to combine Sprint Corp, which Softbank acquired last year, with T-Mobile US Inc as part of his vision to create a global industry leader.
NEW YORK, March 5- The red-hot US high-grade bond market priced US $19.3 billion more debt on Wednesday, pushing the week's tally so far to US $43.95 billion- the second-busiest week ever recorded. Only the week of September 13 2013 was bigger at US $65.265 billion- and that was due to Verizon's US $49 billion bond issue, the largest bond ever.
NEW YORK, March 4- Verizon Communications is in talks with content providers to deliver web-based TV services to mobile platforms, chief executive Lowell McAdam, said at an investor conference on Tuesday.
March 4- Dish Network Corp and Walt Disney Co reached a long-term deal, allowing the No.2 satellite TV provider to carry Disney-owned networks such as ABC and ESPN, and deliver the content outside of a traditional TV subscription.
Traders could find themselves buying and selling a new commodity in two years' time: wireless broadband.
Canada's Industry Minister James Moore, in a brief release, said the sale of the 2.3 GHz airwave licenses would have created unacceptable levels of concentration of spectrum in the hands of incumbent carriers, hurting competition in regions including Montreal, Ottawa, Edmonton and many mid-sized cities.
Some of Thursday's midday movers:
With 2014 expected to be a transition year, what must you know about Sprint? Cramer finds out.
The companies involved were not disclosed, but the events appear similar to those at other retailers late last year, The Wall Street Journal said.
The "Fast Money" traders share their final trades of the day.
Feb 26- Cablevision Systems Corp lost fewer video subscribers than expected in the fourth quarter and said the company expects growth in cash flow in 2014, which sent shares of the cable operator higher on Wednesday.
*Vodafone buying broadband assets to shore up Europe. *AT&T interest in Vodafone could cool if Colao spends. BARCELONA, Feb 26- Shareholders in Vodafone say they support Chief Executive Vittorio Colao's plan to rebuild the company with pricey European broadband assets, even though it could complicate a lucrative mooted bid from AT&T.
Many of the most profitable U.S. corporations paid little or no federal income tax from 2008 to 2012, according to a five-year study.
Citizens for Tax Justice looked at 288 profitable Fortune 500 companies and said that 26 of them- including Boeing Co, General Electric Co and Verizon Communications Inc- paid no federal income tax in the five-year period.
Feb 25- U.S. companies borrowed more in January to spend on capital investment, the Equipment Leasing and Finance Association said.
The No.4 U.S. mobile provider said it raised its 2014 capital spending to between $4.3 billion and $4.6 billion, from $4.2 billion last year, to upgrade its network.
Some of the names on the move ahead of the open.
Netflix may have to make similar arrangements with other broadband providers to ensure customers get access to its streaming movies and TV shows.