A mixed bag for Wall Street open as traders await Fed stance
Investors across the Pond are sitting on the fence as they look towards an interest rate decision from the Fed..
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NYSE:VZ
Verizon Communications Inc is a holding company. The company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group.
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Investors across the Pond are sitting on the fence as they look towards an interest rate decision from the Fed..
US telecom group swoops for troubled internet giant
Also covered: Verizon Communications to merge two internet dinosaurs (AOL & Yahoo!); William Hill mulls 888 & Rank treble; investors hot for Hot Maden; Michelmersh solid as a brick
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KeyBanc upgraded the pizza firm on expectations that the public will begin to dine in more as political and economic uncertainties begin to set in
Telit wins approval to use its products on a US network, Mosman's diamond venture will begin shortly and Oncimmune receives CE stamp for its early stage lung cancer test.
Yahoo! Inc the internet portal could well do with some good news after a difficult start to 2016 and on Thursday it received a shot in the arm from brokers at Citigroup, who raised their recommendation to Buy from Neutral
Yahoo! Inc. shares fall after reports suggested Verizon Communications Inc. said to have lodged a lower-than-expected bid for the portal’s internet business. Could it mean consolidation of internet portals with AOL?
Verizon has been tipped as a frontrunner in the Yahoo race
European markets are higher and US stocks are set to folow their lead
Telecoms & media companies Verizon Communications, Comcast and AT&T are in the frame, along with private equity groups
A whisper to a scream ... rumors of another big pharma merger are gaining volume
Below are some of the main news-driven share price changes as at 10:28 a.m. in New York.
The gains for U.S. stocks echoed an advance in many European indices.
Instead of subtracting "A" from "B", Yahoo! is detaching "B" from "A". It's an exercise that largely has one eye on the likely tax bill resulting from a demerger.
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Wall Street reckons a December interest rate rise is a likelihood, after non-farm payrolls smashed expectations
Shares of the largest U.S. wireless carrier trimmed losses on the news
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The Dow fluctuates; the S&P 500 is down less than 0.1%.
Below are the main news driven share price changes at 2:53 p.m. in New York on Tuesday:
Whilst benchmarks were middle of the road, today's financial results were very much in different lanes.
Heavy promotions helped attract postpaid subscribers