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Verizon Communications Inc

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  • *Deal includes $300 mln in AOL debt. *AOL CEO Tim Armstrong to continue to lead company. May 12- Verizon Communications Inc said it would buy AOL Inc in a $4.4 billion deal that gives the biggest U.S. wireless carrier access to AOL's mobile video platform and content including the Huffington Post news website.

  • Wall Street seen sharply lower as bond falloff weighs Tuesday, 12 May 2015 | 9:06 AM ET
    Traders signal offers in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE).

    U.S. stock index futures pointed to a sharply lower Wall Street open on Tuesday, as global stocks declined on the back of a sharp fall in bond prices.

  • Verizon to buy AOL for $4.4B; AOL shares soar Tuesday, 12 May 2015 | 9:02 AM ET
    Verizon to buy AOL for $4.4 billion.

    Telecom giant Verizon announced Tuesday it will be buying AOL for $50 per share, or about $4.4 billion.

  • Why we sold to Verizon: AOL's Tim Armstrong Tuesday, 12 May 2015 | 8:50 AM ET
    Tim Armstrong, chairman anc CEO of AOL.

    AOL decided to sell to Verizon in order to compete in a future marketplace dominated by larger players, CEO Tim Armstrong tells CNBC.

  • Early movers: AOL, MS, HTZ, TSLA, AAPL & more Tuesday, 12 May 2015 | 7:57 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • UPDATE 1-Verizon to buy AOL in $4.4 bln deal Tuesday, 12 May 2015 | 7:26 AM ET

    May 12- Verizon Communications Inc said it would buy AOL Inc in a deal valued at about $4.4 billion to gain access to AOL's digital advertising service and content. The deal, which includes about $300 million of AOL debt, will take the form of a tender offer followed by a merger, with AOL becoming a wholly owned subsidiary of Verizon upon completion.

  • *Investors have also been concerned that Greece could run out of cash. Euro zone finance ministers, who met on Monday, acknowledged progress in talks between Greece and its creditors but said more work was needed to close a cash-for-reforms deal. *AOL shares jump 18.1 percent to $50.29 after Verizon made an offer to buy the company for $4.4 billion.

  • Verizon to buy AOL for $4.4 bln Tuesday, 12 May 2015 | 7:06 AM ET

    May 12- Verizon Communications Inc said it would buy AOL Inc in a deal valued at about $4.4 billion.

  • Timeline: AOL through the years Tuesday, 12 May 2015 | 7:00 AM ET

    Verizon's $4.4 billion deal to acquire AOL is the latest entry in the 25-year history of a company that changed the way people access the Internet.

  • Why these summer jobs will matter for these kids Friday, 8 May 2015 | 7:00 AM ET
    Shahzeb Rizvi in class, James Madison High School.

    The National Academy Foundation places high schoolers at big corporations like Verizon to learn what the adult worklife is all about.

  • Blackberry CEO: Surprise! We're back with T-Mobile Thursday, 7 May 2015 | 12:10 PM ET
    John Chen, CEO of BlackBerry.

    BlackBerry CEO John Chen dishes on why they're back together with T-Mobile—and if he'll be wearing pink anytime soon!

  • *Alcatel holds up better than rivals despite U.S. slowdown. PARIS, May 7- Telecom equipment maker Alcatel-Lucent, which is set to be bought by larger rival Nokia, improved profit margins in the first quarter despite a marked sales slowdown in its biggest market, the United States. Alcatel-Lucent Chief Executive Michel Combes dismissed the idea on Thursday, saying...

  • UPDATE 1-Alcatel-Lucent resilient, defends Nokia deal Thursday, 7 May 2015 | 2:30 AM ET

    *Alcatel holds up better than rivals despite U.S. slowdown. PARIS, May 7- Telecom equipment maker Alcatel-Lucent, which is set to be bought by larger rival Nokia, improved profit margins in the first quarter despite a marked slowdown in its biggest market, the United States. Higher software sales and strong demand for its Internet routing products, which help...

  • Verizon Communications Inc is the latest distributor to challenge the traditional pay-TV universe when it launched in April a new slimmed-down package of channels with the option to add on genres such as sports, kids or news. Fox, along with Comcast Corp's NBC Universal, said Verizon's service violates their contracts that allow Verizon to carry their...

  • May 6- Shares of Cablevision Systems Corp jumped as much as 8 percent after Chief Executive James Dolan said he would be interested in a "deal" with Time Warner Cable Inc, Comcast Corp and other cable operators. Cablevision, controlled by New York's Dolan family, operates primarily in the Greater New York area. CBS Corp's Sports Network joined Verizon's FiOS's new...

  • Bundle? You can't stop technology: Ex-ESPN head Wednesday, 6 May 2015 | 1:34 PM ET
    George Bodenheimer

    There's not going to be a one-size-fits-all model for watching television anymore, former ESPN President George Bodenheimer tells CNBC.

  • Sweet! Apple Watch just helped you jump the line Wednesday, 6 May 2015 | 12:12 PM ET
    Apple Watch

    The Apple Watch could help you jump hotel lines and even order room service, says Travel Tipper's Steffan Berelowitz.

  • May 5- Walt Disney Co's quarterly revenue beat analysts' expectations, helped by increased spending by visitors at its theme parks and strength in the company's TV networks business. The sequel opened last weekend with $191.2 million in ticket sales in the United States and Canada- the second-biggest opening of all time. "As much as the quarter itself was strong...

  • Iger: This could raise costs for cable customers Tuesday, 5 May 2015 | 11:30 AM ET
    Bob Iger, chairman and CEO of the Walt Disney Company

    The traditional cable bundle is not dead and still offers great value, Disney Chairman and CEO Bob Iger tells CNBC.

  • The 'Force' must be with Disney: Analyst Tuesday, 5 May 2015 | 9:37 AM ET
    The Disney Store in Times Square, New York.

    Walt Disney delivered quarterly earnings and revenue that topped expectations. Movies from Marvel and Lucasfilm are key to future results, says a top analyst.