The U.S. government on Wednesday filed an anti-trust complaint seeking to enjoin the proposed merger between AT&T (NYSE:T) and T-Mobile USA.
The CWA cited that the proposed merger could create up to 96,000 “quality” jobs and that blocking the deal would be the wrong policy given the backdrop of a weakening U.S. economy and high joblessness.
Exxon Mobil and Rosneft, Russia's top crude oil producer, announced a strategic agreement on Tuesday to jointly develop oil in the Russian Artic.
Bank of America shares rose more than 6 percent after the banking company announced it agreed to sell Chinese Construction Bank Corp.
Investors appear to be relieved that the destruction wrought by the storm turned out to be less than feared.
Fortuna Silver Mines Inc., which is traded on the Toronto Stock Exchange, has applied for a listing on the New York Stock Exchange, the Vancouver-based company said Monday.
While it is still early in the recovery process for Hurricane Irene, given weaker-than-expected wind speeds, particularly for the New York metro area landfall, FBR Capital Markets believes it is safe to say that loss expectations are lower than many investors thought last Thursday and Friday when forecasts shifted to show a more inland path for the storm.
The top after-market NYSE Losers on Friday are: Strategic Hotels & Resorts, Quanta Services, KBR, Chicago Bridge & Iron, Pier 1 Imports, Kronos Worldwide, UDR, Alere, Nucor and Temple-Inland.
The top after-market NYSE gainers on Friday are: Banco Santander, Brookfield Office Properties, Jaguar Mining, Sandridge Energy, Radioshack, Toll Brothers, General Growth Properties, Endeavour Silver Corp, Bank of America and CVR Energy.
New York has lifted an unprecedented evacuation order in place for Hurricane Irene and the New York Stock Exchange will open Monday, but New York area airports will not reopen until at least late Monday, officials said. New York's transit system including subways that serve eight million people each weekday were closed in advance of Hurricane Irene. Also, all New York area airports were closed. But the evacuation was lifted Sunday afternoon, and the New York Stock Exchange says i
New York Mayor Michael Bloomberg has lifted the unprecedented evacuation order in place for Hurricane Irene, allowing 370,000 people to return to their homes Sunday afternoon in low-lying areas of New York after the storm hit the city Sunday.Also, the New York Stock Exchange will open Monday under a normal schedule, a spokesman said.
The New York Stock Exchange will open Monday, a spokesman said.
New York is in the eye of Hurricane Irene's path. Here's why America's largest city faces high risk from Hurricane Irene.
Major petroleum pipelines in the United States began partial shutdowns Friday, the result of terminals supplied by those pipelines closing ahead of Hurricane Irene's arrival.
Hurricane Irene is tracking toward a potential direct hit on New York, America's largest city. The damage from such a storm could be major. Here's why.
Billionaire Warren Buffett would invest $5 billion in Bank of America Corp. (NYSE:BAC), expressing his biggest vote of confidence in the banking giant.
Legendary investor Warren Buffett made a phone call to Bank of America CEO Brian T. Moynihan on Aug. 24 and offered to invest a staggering $5 billion in the bank. The Bank of America shares had been in doldrums amid questions over its liquidity situation and rumors that it would need a massive capital injection.
The German DAX dropped 4 percent in about 15 minutes in Friday afternoon trading, on a rumor that the German Government's credit rating will be downgraded.
There will be more aftershocks in the coming days, if not weeks.
Most analysts seem rather unconcerned by Jobs departure, citing that Apple is a behemoth that is loaded with brilliant managers and boasts more stellar products in the pipeline.
Unions have stated that Verizon is pressuring them to make a number of big concessions.
The top after-market NYSE Losers on Tuesday are: Inphi Corp, Ivanhoe Mines, La-Z-Boy, DSW, Cobalt International Energy, Red Hat, Oceaneering International, PVH, Westlake Chemical and FMC Technologies.