For dividend investors, the move means years of stable dividend growth. But the US telco will also have far less financial flexibility to make quick moves in the fast-changing industry.
The Dow falls nearly 4.5% for the month as stocks suffer modest losses. September, historically a tough month, looms. Markets are closed Monday for Labor Day.
The Syrian crisis lifts New York crude to its highest level since summer 2008. Brent briefly pushes above $117.
Naturally, we don't know as much as we would like to about the situation, but here's one possible scenario.
The Nasdaq's loss is its largest in more than a year. Stocks are suffering biggest monthly losses since May 2012 on concerns about possible U.S. response to nerve-gas use in Syria.
Shares fall Monday and are down 11% in August. There are worries about its growth prospects and who will succeed its aging CEO and president.
Low-trading volumes may minimize big market moves in the days to come. But September and its volatile history are still ahead.
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The idea of US crude being a shelter from turmoil abroad may not be as far fetched as it seems.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
A Fidelity study found that adult kids and their folks aren't on the same page when it comes to discussing finances.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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