The Floyd Mayweather-Manny Pacquiao match will likely be the richest in boxing history. Here's how the money will get to the fighters.» Read More
SAN FRANCISCO— A conference of Internet security experts is not for the faint of heart. This despite repeated vows from CEOs and government officials to tighten security after high-profile breaches at Sony Pictures, health insurer Anthem and retailers Target and Home Depot. Here are some highlights from this year's RSA conference, named for its chief sponsor,...
NEW YORK— Shares of some top telecom companies are up at 1 p.m.:. AT&T Inc. rose$. 09 or. 3 percent, to $32.75. Verizon Communications Inc. rose$. 36 or. 7 percent, to $49.53.
NEW YORK— Shares of some top telecom companies are up at 10 a.m.:. AT&T Inc. rose$. 03 or. 1 percent, to $32.69. Verizon Communications Inc. rose$. 29 or. 6 percent, to $49.46.
ROCHESTER, N.Y.— Frontier Communications says it plans to add as many as 350 new jobs over the next three years at its suburban Rochester call center. The hiring was necessitated by the acquisition this year of Verizon's telephone landlines in Florida, California and Texas, resulting in more customers using the company's new wireline assets.
NEW YORK— Shares of some top telecom companies were down at the close of trading:. AT&T Inc. fell$. 17 or. 5 percent, to $32.66. Verizon Communications Inc. fell$. 21 or. 4 percent, to $49.17.
Slimming your TV bill may be tougher than you think. Providers' new slim bundles don't always cut your costs.
NEW YORK— Shares of some top telecom companies are down at 1 p.m.:. AT&T Inc. fell$. 02 or. 1 percent, to $32.81. Verizon Communications Inc. fell$. 21 or. 4 percent, to $49.17.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 5 percent to $32.66 with 19,370,500 shares traded. Bank of America Corp. fell. 4 percent to $15.50 with 63,134,000 shares traded.
Travelers, DuPont and IBM weighed the most on the Dow industrials. IBM also mentioned currency effects when it reported a fall in revenue late on Monday. Dupont was down 2.6 percent at $70.92 and IBM fell 1 percent to $164.41.
PARIS/ HELSINKI/ STOCKHOLM, April 21- Nokia's acquisition of smaller rival Alcatel-Lucent may avoid the pitfalls that befell earlier telecom network equipment marriages, thanks to a revolution over the past decade in how products are launched and developed. Nokia has promised 900 million euros of cost savings by 2019 from the Alcatel-Lucent acquisition,...
NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 20 or. 6 percent, to $32.63. Verizon Communications Inc. fell$. 61 or 1.2 percent, to $48.77.
"Between weather [and] the dollar, I think it's going to be a kitchen sink quarter," Stephen Wood of Russell Investments told CNBC.
*Dow components Verizon, DuPont and United Tech beat estimates. *Yahoo, Chipotle, Yum to report after markets close. Mylan rose as much as 9.4 percent to a record high of $74.44 after Israeli drugmaker Teva made an unsolicited offer of $82 per share, in what could be the drug industry's largest takeover this year.
Verizon Communications delivered quarterly earnings that topped analysts' expectations.
U.S. stock index futures indicated a higher open on Tuesday, ahead of a spate of major earnings and as oil futures for May were set to expire.
Some of the names on the move ahead of the open.
NEW YORK— Verizon is defending its new, cheaper cable packages that let customers choose groups of channels as media companies protest. Francis Shammo, Verizon's chief financial officer, said in a conference call Tuesday that the new packages are allowed "under our existing contracts." Fox Sports, owned by 21st Century Fox, says Verizon's new packages also...
April 21- U.S. stock index futures rose on Tuesday after earnings results by companies including IBM helped ease fears of a disappointing earnings quarter. *IBM shares were up 0.7 percent at $167.25 in premarket trading after its earnings exceeded low expectations on Monday as it shed unprofitable businesses to focus on cloud-computing.
Amid the deluge of major earnings reports, traders will also be keeping an eye on the oil market, as U.S. oil futures for May expire Tuesday.
NEW YORK— Shares of some top telecom companies were up at the close of trading:. AT&T Inc. rose$. 32 or 1.0 percent, to $32.83. Verizon Communications Inc. rose$. 48 or 1.0 percent, to $49.38.