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Verizon Communications Inc

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  • AOL's Armstrong charted bumpy path to big Verizon sale Tuesday, 12 May 2015 | 6:54 PM ET

    May 12- AOL Inc Chief Executive Tim Armstrong's six year path to transforming the venerable dial-up Internet provider into a marketable mobile ad specialist was filled with bumps. Perhaps most infamously, Armstrong publicly blamed an AOL employee's "distressed baby" as the reason for the company's escalating health care costs. Verizon's offer- at a premium of...

  • Cramer: AOL & Verizon will crack the code on this Tuesday, 12 May 2015 | 6:21 PM ET
    Tim Armstrong, chairman and CEO of AOL.

    Jim Cramer was thrilled with Verizon snapping up AOL for $4 billion. But does the merger make sense? He gives his take.

  • AOL and Rackspace are big market movers Tuesday, 12 May 2015 | 5:04 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. AOL Inc., up $7.93 to $50.52. Rackspace Hosting Inc., down $7.17 to $45.96.

  • What is Verizon really getting with AOL? Tuesday, 12 May 2015 | 4:54 PM ET
    A pedestrian checks his mobile phone while walking past a Verizon Wireless store in San Francisco, California.

    The crown jewel for Verizon in its acquisition of AOL is advertising, led by the mass media company's proprietary technology.

  • *AOL jumps to 15- month high on Verizon's $4.4 bln offer. May 12- U.S. stocks ended lower on Tuesday after a recent run-up in global bond yields unsettled investors already concerned about an eventual Federal Reserve interest rate hike. "In the short term, the market is a hostage to interest rates, said Jim Awad, managing director at Plimsoll Mark Capital."

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mildly lower, recovering from sharp morning losses as investors found some relief from a slight recovery in the bond market.

  • Data guru Hickey says this sector is 'overvalued' Tuesday, 12 May 2015 | 3:25 PM ET
    Paul Hickey, co-founder Of Bespoke Investment Group LLC.

    Big Data investing guru Paul Hickey of Bespoke Investment Group shared his investment outlook.

  • *AOL jumps to 15- month high on Verizon's $4.4 bln offer. May 12- U.S. stocks recovered losses to trade near flat on Tuesday afternoon as a recent run-up in global bond yields unsettled investors already concerned about an eventual Federal Reserve interest rate hike. "In the short term, the market is a hostage to interest rates, said Jim Awad, managing director at...

  • 5 things we like about Verizon-AOL hookup Tuesday, 12 May 2015 | 2:46 PM ET
    Verizon to buy AOL for $4.4 billion.

    Here are five things Michael Yoshikami likes about Verizon's $4.4 billion purchase of AOL.

  • What's next for Yahoo after AOL/Verizon deal? Tuesday, 12 May 2015 | 2:41 PM ET
    Marissa Mayer

    The Verizon/AOL deal may force another legacy company from the early days of the Internet to act.

  • US STOCKS-Global bond worries push Wall Street lower Tuesday, 12 May 2015 | 2:31 PM ET

    *AOL jumps to 15- month high on Verizon's $4.4 bln offer. May 12- U.S. stocks were down on Tuesday afternoon as a recent run-up in global bond yields unsettled investors already concerned about an eventual Federal Reserve interest rate hike. "In the short term, the market is a hostage to interest rates, said Jim Awad, managing director at Plimsoll Mark Capital."

  • Walt Disney Co's ESPN has sued to stop Verizon Communications from making its sports channel part of an add-on option for customers of its new Custom TV package, a legal fight that has been the talk of industry conferences and discussions with investors and analysts. Distributors see slimmer plans as a lifeline to a generation that watches online services...

  • NEW YORK, May 12- German bond yields climbed on Tuesday on optimism that inflation may have bottomed in the euro zone, generating demand for European currencies, while volatility in global bond markets weighed on stock indexes. U.S. 10- year Treasury yields eased from six-month highs as some buyers came back to the market ahead of the government's sale of $24...

  • WASHINGTON— Verizon Wireless will pay $90 million and Sprint $68 million to settle charges that the mobile giants allowed phony charges on their customers' monthly bills so they could keep a cut of the profit, federal regulators announced Tuesday. Verizon Wireless spokeswoman Debra Lewis said the settlement "reflects Verizon's continued focus on putting...

  • *AOL shares jump 19 pct; Verizon down 0.7 pct. May 12- Verizon Communications Inc said on Tuesday it will buy AOL Inc for $4.4 billion, turning the biggest U.S. wireless carrier into a leading provider of content and video for the web and mobile phones. AOL and its properties, including the Huffington Post, TechCrunch and Engadget websites, would become a Verizon...

  • *AOL jumps to 15- month high on Verizon's $4.4 bln offer. "You can't have a dramatic move in such a significant part of the capital market without creating ripples elsewhere," said Erik Davidson, chief investment officer at Wells Fargo Private Bank. AOL shares jumped as much as 19.1 percent to $50.75, a 15- month high, after Verizon Communications said it would buy the...

  • Verizon, Sprint to pay $158M in cramming deal Tuesday, 12 May 2015 | 12:00 PM ET
    Verizon Sprint

    Verizon and Sprint will pay a combined $158 million to settle allegations of sticking customers with unauthorized charges.

  • US stocks move lower amid bond market volatility Tuesday, 12 May 2015 | 11:55 AM ET

    NEW YORK— U.S. stocks are edging lower in midday trading after recouping much of an early slump. AOL soared 19 percent after Verizon said it would buy the company. Oil rose $1.29 to $60.54 a barrel in New York.

  • Sprint paying up to $50M for unauthorized charges Tuesday, 12 May 2015 | 11:37 AM ET
    Pedestrians pass in front of a Sprint store in New York

    Sprint agrees to settle a US lawsuit after the carrier involved with unauthorized charges to customers' bills.

  • NEW YORK, May 12- Sprint Corp has agreed to provide as much as $50 million of consumer relief to resolve a U.S. government lawsuit accusing the mobile carrier of letting third parties tack unauthorized charges on to customers' bills, a practice known as cramming. The settlement was expected to be one of the announcements at a press conference later on Tuesday...