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Verizon Communications Inc

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  • PARIS, Oct 13- French low-cost telecoms operator Iliad abandoned its attempt to buy T-Mobile US on Monday because of resistance from majority owner Deutsche Telekom, becoming the third bidder to walk away in three years. "The Iliad group announces that it puts an end to its project of acquiring T-Mobile US, following exchanges with Deutsche Telekom and selected...

  • Midday Glance: Telecom companies Monday, 13 Oct 2014 | 1:19 PM ET

    NEW YORK— Shares of some top telecom companies are up at 1 p.m.:. AT&T Inc. rose$. 04 or. 1 percent, to $34.29. Verizon Communications Inc. rose$. 47 or 1.0 percent, to $49.41.

  • Early Glance: Telecom companies Monday, 13 Oct 2014 | 10:30 AM ET

    NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 28 or. 8 percent, to $33.97. Verizon Communications Inc. fell$. 24 or. 5 percent, to $48.70.

  • NEW YORK, Oct 10- Blackstone Group LP said on Friday it would spin off its advisory units into a company headed by star Wall Street investment banker Paul Taubman, to avoid potential conflicts of interest in the sprawling private equity empire. The new publicly traded company could be valued at $1 billion to $2 billion, a person close to Blackstone said.

  • Midday Glance: Telecom companies Friday, 10 Oct 2014 | 1:19 PM ET

    NEW YORK— Shares of some top telecom companies are mixed at 1 p.m.:. AT&T Inc. fell$. 10 or. 3 percent, to $34.56. Verizon Communications Inc. rose$. 54 or 1.1 percent, to $49.47.

  • Oct 10- Blackstone Group LP said it would spin off its M&A, restructuring and private equity fundraising advisory businesses to avoid conflicts, combining them with the advisory firm of Morgan Stanley investment banking veteran Paul Taubman. Blackstone's advisory businesses being spun out account for a tiny fraction of the New York firm's earnings,...

  • Early Glance: Telecom companies Friday, 10 Oct 2014 | 10:28 AM ET

    NEW YORK— Shares of some top telecom companies are mixed at 10 a.m.:. AT&T Inc. fell$. 07 or. 2 percent, to $34.59. Verizon Communications Inc. rose$. 24 or. 5 percent, to $49.17.

  • Clouds gather but is a correction in the forecast? Friday, 10 Oct 2014 | 9:48 AM ET
    Trader on the floor of the New York Stock Exchange.

    The S&P 500 Index is at a two-month low. How real is the main concern of slowing global growth?

  • Oct 10- Blackstone Group LP said on Friday it would spin off its M&A, restructuring and private equity fundraising advisory businesses and combine them with the financial advisory firm of Morgan Stanley veteran Paul Taubman, in a move to avoid conflicts. Taubman, who left Morgan Stanley in 2012, has been behind some of the biggest deals of the past few years,...

  • Final Glance: Telecom companies Thursday, 9 Oct 2014 | 6:02 PM ET

    NEW YORK— Shares of some top telecom companies were down at the close of trading:. AT&T Inc. fell$. 49 or 1.4 percent, to $34.66. Verizon Communications Inc. fell$. 94 or 1.9 percent, to $48.93.

  • With Z3, Sony brings phones to US faster Thursday, 9 Oct 2014 | 2:36 PM ET

    NEW YORK— Sony is launching its new Xperia Z3 waterproof smartphone through Verizon and T-Mobile. The phones are hitting U.S. stores on the heels of their unveiling last month at a trade show in Berlin, as Sony ramps up efforts to expand its tiny market share by getting to the American market faster. For the Verizon model, dubbed Z3v, Sony is adding the ability to...

  • Midday Glance: Telecom companies Thursday, 9 Oct 2014 | 2:06 PM ET

    NEW YORK— Shares of some top telecom companies are down at 1 p.m.:. AT&T Inc. fell$. 39 or 1.1 percent, to $34.77. Verizon Communications Inc. fell$. 76 or 1.5 percent, to $49.11.

  • Early Glance: Telecom companies Thursday, 9 Oct 2014 | 11:31 AM ET

    NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 13 or. 4 percent, to $35.02. Verizon Communications Inc. fell$. 19 or. 4 percent, to $49.68.

  • Final Glance: Telecom companies Wednesday, 8 Oct 2014 | 6:02 PM ET

    NEW YORK— Shares of some top telecom companies were up at the close of trading:. AT&T Inc. rose$. 28 or. 8 percent, to $35.15. Verizon Communications Inc. rose$. 74 or 1.5 percent, to $49.87.

  • Sen. Wyden: NSA tech spying hurts economy Wednesday, 8 Oct 2014 | 2:08 PM ET

    PALO ALTO, Calif.— Google Chairman Eric Schmidt and other Silicon Valley executives say controversial government spying programs are undercutting the Internet economy and want Congress to step up stalled reform. "We're going to end up breaking the Internet," warned Google Inc.' s Schmidt during a public forum Wednesday convened by U.S. Schmidt and executives...

  • Midday Glance: Telecom companies Wednesday, 8 Oct 2014 | 1:33 PM ET

    NEW YORK— Shares of some top telecom companies are mixed at 1 p.m.:. AT&T Inc. fell$. 08 or. 2 percent, to $34.79. Verizon Communications Inc. rose$. 15 or. 3 percent, to $49.28.

  • WASHINGTON, Oct 8- Telecommunications giant AT&T Inc has agreed to pay $105 million to settle allegations that it put unauthorized charges on customers' cell phone bills, a practice known as cramming, the Federal Trade Commission said on Wednesday. AT&T will pay $80 million to refund customers while $20 million is earmarked for penalties and fees to all 50 U.S....

  • Early Glance: Telecom companies Wednesday, 8 Oct 2014 | 10:52 AM ET

    NEW YORK— Shares of some top telecom companies are down at 10 a.m.:. AT&T Inc. fell$. 15 or. 4 percent, to $34.72. Verizon Communications Inc. fell$. 05 or. 1 percent, to $49.08.

  • 'Hairgate': IPhone 6 users tearing their hair out Tuesday, 7 Oct 2014 | 1:19 PM ET
    A customer holds an iPhone 6 at an Apple store in New York.

    Just when you thought the iPhone 6 saga couldn't possibly get worse, users are now saying the phone is causing them to lose hair, literally.

  • UPDATE 1-Pimco's outflow headaches only just beginning Tuesday, 7 Oct 2014 | 12:31 PM ET

    Pimco hasn't said how much money has been withdrawn since fund manager Bill Gross quit on Sept. 26 to join Janus Capital. Outflows "will tend to be elevated over the next few months" said Jeff Tjornehoj, head of Americas research at Lipper, a Thomson Reuters company, who said Gross's exit is "the last straw" for some institutional investors. Morgan Stanley said that the...