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App downloads and revenue hit record levels in the third quarter of 2017, according to a new report out this morning from App Annie.
Negotiations between T-Mobile (TMUS) and Sprint (S) reportedly continue, and the two wireless giants are expected to reach an agreement by mid November, according to CNBC. Wall Street was initially expecting a deal between T-Mobile and Sprint to be announced during their earnings results this month. T-Mobile released third-quarter earnings ahead of the bell today that beat profit expectations and issued strong full-year guidance.
Hasbro, Mattel, Deltic Timber, Potlach, Cisco and BroadSoft are among the stock to watch.
Tesla is trying to accelerate into one of the biggest markets in the world. The Wall Street Journal reported that the electric-car maker will open a manufacturing plant in Shanghai, China. However, Bloomberg says a deal still has not been reached. Yahoo Finance’s Alexis Christoforous, Myles Udland and Melody Hahm break down what a potential deal would mean for Tesla.
Yahoo Finance's LIVE stock market coverage and analysis.
It's a busy week for earnings with investors still squarely focused on who Trump will name as the next Fed chair.
General Electric was on track to post its worst single-day loss in more than six years, after a bunch of brokerages cut their price targets on the stock, citing higher chances of a dividend cut at the industrial conglomerate. "Earnings is the dominant theme of the market, with talks of tax reforms swirling around on the outside," said Michael Antonelli, managing director of institutional sales trading at Robert W. Baird in Milwaukee. World stocks were lifted to an all-time high after Japanese Prime Minister Shinzo Abe's election victory raised hopes of continued market friendly monetary policies and economic reforms.
Following on from leaked images and details earlier in the year, more details on HMD Global’s budget-priced Nokia 2 have come to light.
Surprise! The Chinese consumer is even more enthusiastic about the next Apple (AAPL) iPhone, according to a note today published by Toni Sacconaghi of Bernstein. After talking to 1,112 current iPhone owners in the U.S., U.K. and China rom October 5th though 6th, Sacconaghi, who has an Outperform rating on Apple shares, and a $175 price target, came away convinced of his thesis there is an “iPhone super cycle” building. Overall, “demand for the iPhone X is substantial, but not exceptional — with 24% of respondents planning to buy an iPhone X, and higher in China." The iPhone X goes on sale as a pre-order this Friday, and will be generally available on November 3rd.
It’s been a year since the ink hit the paper on AT&T's (NYSE: T) $85-billion, blockbuster acquisition of Time Warner, Inc. (TWX), and investors still don’t have peace of mind from regulatory approval. With the Department of Justice’s Antitrust Division yet to give word, AT&T and Time Warner extended the deal on Monday. Brazil’s antitrust authority cleared the acquisition with conditions last week.
GE’s stock sinks toward a 4 1/2-year low after Morgan Stanley’s Nigel Coe became the third analyst to rate the company the equivalent of sell, saying it is “false” logic to believe things can’t get worse....
District Judge Lucy Koh ordered on Sunday that Samsung and Apple have to meet again in a courtroom to determine the costs for three infringed patents.
Add Saudi billionaire investor Prince al-Waleed bin Talal to the roster of high-profile investors and financiers who don’t believe bitcoin and cryptocurrencies are here to stay.
Technology behemoth Cisco Systems Inc. (CSCO) is buying up Gaithersburg-based BroadSoft Inc. (BSFT) for $1.9 billion, according to a joint announcement. The all-cash deal, which has Cisco ponying up $55 per share for the cloud-based voice and contact solutions company, is one of the biggest in recent memory (Cisco also bought Columbia-based Sourcefire Inc. for $2.7 billion in cash in 2013). BroadSoft stock has increased 1.36 percent so far Monday, to $54.65 per share.