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
Feb 6- Outerwall Inc raised its share buyback program by $500 million to about $650 million, and named a Warner Bros Home Entertainment executive to run its Redbox video-rental business. Outerwall shares rose 10 percent in extended trading after the company reported a better-than-expected quarterly profit, helped by cost cuts.
European equities were higher after both the European Central Bank (ECB) and the Bank of England kept their main interest rates unchanged.
Vodafone, one of the world's biggest telecoms companies, suffered a 4.8 percent hit to organic service revenue after poorer European performance.
*Expects first-quarter revenue $61 mln- $63 mln vs est $60.3 mln. Feb 4- Data analysis software maker Tableau Software Inc forecast better-than-expected current-quarter revenue after reporting quarterly results that handily beat analysts' estimates, sending its shares up 16 percent in extended trading.
ADELPHI, Md., Feb 4- President Barack Obama has a pen. And on Tuesday, he wielded an iPad to help make a point about how he hopes to do more for schools without more funding from Congress. The school in Adelphi, a middle-class suburb of Washington, D.C., bought tablets with money from the $847 billion economic stimulus package Congress passed five years ago.
FCC's chairman his skepticism about a potential merger between Sprint Corp and T-Mobile US Inc in a meeting with Sprint.
Charter's pursuit of Time Warner Cable shows how cable television is trying to protect itself against Internet services like Hulu and Netflix.
WASHINGTON, Feb 4- President Barack Obama is set to announce on Tuesday that private companies have agreed to give more than $750 million in devices, software and wireless service to U.S. students, part of Obama's pledge to help modernize classrooms.
Feb 3- Shares in U.S. mobile operators fell sharply on Monday after a AT&T Inc price cut fueled fears from investors that market leader Verizon Wireless and other rivals would have to react.
But demand has far exceeded that amount, FCC officials have said, and of all E-Rate funding, only about half has gone toward equipping schools and libraries with true high-speed Internet access, the agency said.
NEW YORK, Feb 3- U.S. stocks slumped on Monday, with the S&P 500 suffering its worst drop since June, after weaker-than-expected data on the factory sector in the world's largest economy provided investors with the latest reason to move away from riskier assets. The CBOE volatility index jumped 16.5 percent to 21.44, its highest level since December 2012.
NEW YORK, Feb 3- U.S. stocks slumped on Monday, with the S&P 500 hitting its lowest level since October after weaker-than-expected data on the factory sector in the world's largest economy provided investors with the latest reason to book profits. The CBOE volatility index jumped more than 11 percent to trade above 20 for the first time since early October.
Some of Monday's midday movers:
Feb 3- AT&T Inc's plan to cut prices on its large shared data plans could prompt other U.S. carriers, particularly larger rival Verizon Wireless, to offer new discounts, analysts said.
AT&T announced a price cut for customers who share large data plans to attempt to regain ground lost to Verizon and T-Mobile US.
Is the worst of the decline over for the Dow Jones Industrial Average?
In meetings with Time Warner Cable shareholders, Rutledge, 60, and his management team have pledged to revive the fortunes of the second-largest U.S. cable operator. Time Warner Cable suffers from one of the industry's poorest customer service records, has lost subscribers at a higher rate than other large operators, and lags in the rollout of new technology.
WASHINGTON, Jan 28- President Barack Obama will vow in his State of the Union address on Tuesday to act to help small-dollar savers, spur manufacturing and expand school internet access as part of his pledge to strengthen economic security for all Americans.
OBAMA TO ANNOUNCE PARTNERSHIPS WITH APPLE, MICROSOFT, VERIZON, SPRINT, OTHERS TO EXPAND CONNECTION TO BROADBAND, WIRELESS TECHNOLOGY IN SCHOOLS- WHITE HOUSE.
BOSTON, Jan 28- Verizon Communications Inc shareholders said on Tuesday they have withdrawn a resolution asking the company to disclose details of customer information that it shares with law enforcement, saying the company had already met key requests.