NEW YORK (AP) — A pair of lackluster economic reports eased concern that the Federal Reserve would pull back on its economic stimulus, pushing stocks higher on Wall Street.
The number of Americans filing for unemployment benefits rose and an initial estimate of first-quarter economic growth was revised slightly lower. That suggests the U.S. economy may still need some time to recover from its funk and that the Fed will keep up its $85 billion in monthly bond purchases.
5. Dish Network offering to buy Sprint in $25.5B deal - Friday, April 12, 2013
NEW YORK (AP) — Dish Network Corp. is trying to snag U.S. wireless carrier Sprint Nextel Corp. away from its Japanese suitor in recognition of the way satellite dishes are losing their relevance in the age of cellphones that play YouTube videos.6. Sprint ups offer to $2.2B for rest of Clearwire - Friday, December 14, 2012
OVERLAND PARK, Kan. (AP) — Sprint Nextel will buy out minority shareholders of Clearwire for $2.2 billion, a higher price than it previously said it would pay.
Sprint said Monday it will pay $2.97 per share for the approximately 50 percent stake in Clearwire stock it doesn't already own. The company had said Thursday it would offer $2.90 per share, which totaled $2.1 billion.7. Stocks close higher as budget talks progress - Friday, December 14, 2012
NEW YORK (AP) — Stocks rose on Wall Street as investors were encouraged by signs of progress in budget talks in Washington. Just two weeks remain before tax increases and government spending cuts take effect if no deal is reached.8. Stocks lower as investors watch Washington - Friday, December 07, 2012
NEW YORK (AP) — Stocks slipped Thursday on Wall Street after more signs of tension emerged from federal budget talks in Washington.
The Dow Jones industrial average was down 70 points at 13,174 just after 1 p.m. EST. The Standard & Poor's 500 index was down 10 points at 1,418. The Nasdaq composite index was down 24 points at 2,989.9. Stocks mixed after FedEx gives a glum outlook - Friday, September 14, 2012
Glum economic news from FedEx left stocks mixed on Tuesday.
The Dow Jones industrial average posted a slight gain, but other indexes fell. Declining stocks outnumbered those that advanced. And seven of the 10 industries tracked by the Standard & Poor's 500 index declined.10. Nashville among first to get Verizon wireless broadband for homes - Friday, March 02, 2012
NEW YORK (AP) - Verizon Wireless on Tuesday announced a version of its wireless broadband service that's designed for use in rural and remote homes that can't get DSL or cable.
The service, called HomeFusion, could also appeal to some households where DSL is the only fixed-line option, since it's faster than most DSL services.11. Cable companies to resell Verizon Wireless service - Friday, December 02, 2011
NEW YORK (AP) — Cable companies Comcast Corp., Time Warner Cable Inc. and Bright House Networks are giving up on their dreams of creating their own wireless network, opting instead to resell Verizon Wireless service.12. Stocks end little changed as Europe worries ease - Friday, November 18, 2011
Stocks finished about where they started Friday as investors balanced positive signs for the U.S. economy with a looming deadline for a deficit-cutting committee in Congress. Steep declines earlier in the week left the market with its worst weekly loss since September.