Stocks traded slightly lower, and in a narrow range throughout much of the session Tuesday, as investors took a breather from a three-day rally as oil prices rose amid ongoing turmoil in Libya and the Middle East. GE and Bank of America fell, while Verizon gained.
Stocks turned lower as oil prices gained amid continuing unrest in the Middle East and North Africa. Verizon and Boeing rose, w hile Bank of America fell.
Here's what you should be watching Tuesday, March 22.
Stocks finished up 1.5 percent or higher, sending the Dow back above 12,000, lifted by AT&T's $39 billion planned purchase of Deutsche Telecom's T-Mobile USA and investors who found buying opportunities in stocks they viewed as oversold. Boeing and Alcoa led Dow gainers, while Pfizer fell.
Stocks pared gains in the final hour of trading Monday, but remained significantly higher, buoyed by AT&T's $39 billion planned purchase of Deutsche Telecom's T-Mobile USA and buying opportunities in oversold stocks. Boeing and GE led gainers, while Pfizer fell.
Mad Money host Jim Cramer provides his view on the day's market activity and where things might be headed.
The $20 billion bridge loan JP Morgan provided to AT&T in order to help cement its planned purchase of Deutsche Telekom’s T-Mobile USA unit is the largest commitment the bank has ever made to a client, according to people at the firm.
A look at how JPMorgan helped shepherd the transaction between AT&T and T-Mobile, with Jim Woolery, JPMorgan co-head, M&A division.
Stocks gained despite continuing global tensions as M&A activity heated up and as Warren Buffet said Japanese stocks represented a good buying opportunity. Microsoft and Boeing led gainers.
Google became the world's most valuable brand this year, while Coca Cola dropped out of the top ten global brands for the first time, according to the 2011 Brand Finance ranking of the most valuable 500 brands across the globe.
Smartphones and tablets will be the headliners at the 2011 CTIA Wireless show in Orlando, where the wireless industry convenes to chart its future the week of March 21. Here are three things to watch for during the week:
The iPad 2 is entering a much different world than its predecessor. And while Apple still holds a commanding market share position, it may be in for a much tougher fight this time around.
As the CTIA Wireless conference gets under way, CNBC.com ran a screen searching for some of the largest percent gainers in the wireless industry in the past year.
Need maps, wait times for rides and restaurant tips for Disney World and other atractions? There's an app for that.
The mobile phone as a tool for shopping actually has the potential to bridge traditional retail and digital retail in a way that couldn’t have been otherwise possible.
Cell phones are usually used to communicate with people far away. This year, they'll get the ability to do the opposite: communicate with things that are close enough to touch.
Telemedicine has attracted major investments from some of the nation's largest companies over the past year. And it has been endorsed by doctors and care takers who believe patients fare better at home.
Several key trends will shape the growth and trajectory of the mobile market in 2011, making this an exciting year for brands and consumers alike.
Chances are, you or someone you know is planning to purchase a laptop, tablet, smartphone or similar wireless device this year. We want know what kind, so take our poll and tell us what's on your shopping list.
Despite the hype about mobile TV, until recently there hasn’t been the widespread adoption of handsets capable of receiving it. 2011 may finally be year mobile TV takes off.
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