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Market Wrap For February 6: Stocks Higher With All Eyes On Friday's Jobs Report
Thursday, February 6, 2014 - 5:37pm | 3005Read More...U.S. stocks moved sharply higher today as investors and traders digested positive news about the job market. It is unclear if Thursday's momentum will be carried forward Friday with the release of the January employment survey. The Dow gained 1.22 percent, closing at 15,628.53. The S...
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Sources: SoftBank And Sprint Set To Decide On Possible T-Mobile Bid Soon
Thursday, February 6, 2014 - 2:17pm | 601Read More...In business, one way to eliminate competition is to buy it out. SoftBank founder, Masayoshi Son and Sprint (NYSE: S) CEO, Dan Hesse, are in the midst of making just such a decision with regards to T-Mobile US (NYSE: TMUS), according to Bloomberg. Of course, Son and Hesse would strongly argue...
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Market Wrap For February 5: Markets Unsure Of Which Direction To Take
Wednesday, February 5, 2014 - 5:47pm | 3034Read More...U.S. stocks finished the day almost unchanged as investors and traders were presented with a mixed bag of data today. A better than expected report on the service sector negated another report that showed that companies added fewer employees to their payrolls than anticipated in January. The...
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Market Wrap For January 27: China Concerns, Declining Home Sales, Tomorrow's Fed Meeting and Obama's Speech Keep Markets Lower
Monday, January 27, 2014 - 5:48pm | 2489Read More...U.S. stocks picked up where they left off on Friday and declined today as investors have plenty on their mind. With earnings being a mixed bag, investors are looking at emerging markets and economic data to support a bullish case for equities. On the emerging market front, investors remain...
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Verizon Earnings Preview: Double-Digit EPS Growth To Continue?
Sunday, January 19, 2014 - 2:27pm | 750Read More...Verizon Communications (NYSE: VZ), which won a victory in the U.S. Court of Appeals last week in a case about whether the FCC had the authority to enforce net neutrality, is scheduled to report its fourth-quarter and full-year 2013 results Tuesday, January 21, before the opening bell. Investors...
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Market Wrap For January 15: Bulls Take Over As Economic Growth Remains Healthy
Wednesday, January 15, 2014 - 5:45pm | 2827Read More...The market picked up where it left off Tuesday and recorded a second straight day of strong gains. The Dow posted a triple digit point gain while the S&P 500 and Nasdaq all gained as the Federal Reserve's Beige Book indicated that economic growth remained healthy in most U.S. regions. The...
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Market Wrap For January 3: Bernanke Speaks As Fed Chairman For Last Time; Markets Little Moved
Friday, January 3, 2014 - 5:29pm | 1497Read More...Fed Chairman Ben Bernanke took to the podium today in what many consider to be his farewell speech. During his tenure, Bernanke developed the nickname "Helicopter Ben," which is likely to stick with him for some time. Bernanke noted, "The FOMC's decision to modestly reduce the pace of asset...
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Market Wrap For December 27: Markets Quiet Before Weekend
Friday, December 27, 2013 - 5:23pm | 1347Read More...As expected, markets were relatively quiet Friday with no economic data aside from natural gas inventory numbers. Many traders and investors are likely sitting on the sidelines until the new year. Major indices started the day with small gains which were slowly erased throughout the day before...
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T-Mobile's GoSmart Offers Free Facebook to All
Tuesday, December 24, 2013 - 11:27am | 572Read More...In a move Bloomberg said was designed to hook pre-paid no frills cellular customers on using their phones for Internet access, T-Mobile (NYSE: TMUS) announced that beginning next month, GoSmart customers would have free access to Facebook (NASDAQ: FB) including Facebook Messenger, even if they...
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Market Wrap For December 20: Markets Gain On GDP Data
Friday, December 20, 2013 - 5:44pm | 1875Read More...Major indices received a boost in Friday's trading activity following a better than expected third quarter GDP. The surprising economic data is yet another key data that may suggests that the economy is healthy enough and could handle the Fed's recent decision to taper its bond buying program....
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Target's Best 2013 Christmas Tech Deals
Thursday, December 19, 2013 - 3:46pm | 490Read More...Cyber Monday and Black Friday may be over, but that doesn't mean the savings have come to an end. Target (NYSE: TGT) has a number of notable sales this week, including a temporary price cut on the Beats by Dr. Dre Solo HD On-Ear Headphones. Normally retailing for $179.99, the headphones now...
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Is Dish About To Pounce On T-Mobile?
Thursday, December 19, 2013 - 12:21pm | 653Read More...First, there were rumors that Sprint (NYSE: S) was flirting with the notion of acquiring T-Mobile US (NYSE: TMUS). Despite a pretty good case for a possible merger made by The Wall Street Journal, there was and is a catch: Should such a merger be approved, the market would end up dominated by...
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Market Wrap For December 17: Markets Relatively Calm Before The Potential Storm
Tuesday, December 17, 2013 - 5:51pm | 2637Read More...The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...
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Sprint, T-Mobile Merger Faces at Least Four Major Hurdles
Monday, December 16, 2013 - 9:47am | 548Read More...On Friday, rumors began circulating that Sprint (NYSE: S) was preparing a bid for small rival T-Mobile (NYSE: TMUS). Even if the rumors are true, it doesn’t appear that Sprint would make an offer until sometime during the first half of 2014. But, a rumor that likely wouldn’t come to fruition...
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Market Wrap For December 13: Major Indices Finish The Day Flat
Friday, December 13, 2013 - 5:45pm | 2270Read More...Major indices were looking for a rebound after a four day skid which included multiple triple digit point losses for the Dow. Futures pointed to a higher opening as investors found reason to be positive in the House's passing of the budget agreement last night. The markets were unable to hold on...
















