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The three major U.S. stock indexes opened higher this morning on traders initial reaction to a sharp drop in the weekly report on new claims for unemployment (more coverage here). In Asia, South...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Thursday. Activision Blizzard Inc. (NASDAQ: ATVI) started as Outperform...
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MetroPCS Communications, Inc. (NYSE: PCS) has traded well off of its highs since word first surfaced that Deutsche Telekom’s T-Mobile USA was likely to acquire it. Shares hit a high of $14.51 on...
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Updated throughout the day on the 24/7 Wall St. Wire: Greek financial firms National Bank and Eurobank Ergasias are in merger talks. (Reuters) China telecom equipment firm Huawei Technologies may...
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The European Central Bank bailout pledge helps companies in the region to borrow inexpensively. (Reuters) Samsung makes a profit of $7.3 billion but says the next quarter will be weaker. (Reuters)...
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The three major U.S. stock indexes opened higher this morning, reaching a peak after the first half-hour of trading following an inline report on new jobless claims (more coverage here) and no...
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MetroPCS Communications Inc. (NYSE: PCS) saw its shares recover handily and shares were halted briefly after Bloomberg reported that Sprint Nextel Corp. (NYSE: S) was likely to try to make a...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at UBS. Consolidated Edison...
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China begins to use its currency for cross-border transactions — a challenge to the dollar. (Reuters) Google Inc. (NASDAQ: GOOG) is denied summary judgement in a patent fight with Vringo....
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The three major U.S. stock indexes opened slightly higher this morning following a refusal by Spain’s prime minister to seek an immediate bailout and low readings on eurozone PMI (more coverage...
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The reverse merger agreement between T-Mobile USA and MetroPCS Communications Inc. (NYSE: PCS) lit up the board yesterday before the terms were announced. Not so much today, though. MetroPCS shares...
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Photo by Spencer Platt/Getty ImagesThe stock market is up slightly Wednesday, with the Dow Jones Industrial Average up 0.07%, the Nasdaq up 0.24% and the S&P 500 up 0.13%. Today’s winners...
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So the boards of Deutsche Telekom and MetroPCS Communications Inc. (NYSE: PCS) have approved a deal for a merger of the latter with the former’s U.S. subsidiary, T-Mobile USA. The deal will give...
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The founder of Best Buy Co. Inc. (NYSE: BBY) is well along with an $11 billion buyout plan. (Reuters) As some companies leave Spain, the nation’s tax base falls. (Reuters) China’s services...
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