AT&T is buying smaller rivals and rolling out faster services -- whether it can afford to or not -- as it nervously contemplates the emergence of a more potent competitor.
Stocks are lower after payroll company ADP estimated that only 119,000 private sector jobs were added in April -- the fewest in 7 months.
Tenet Healthcare is upgraded to 'buy,' and JetBlue is downgraded to 'neutral.'
The company is rumored to be ready to offer $100 billion to take full control, but that bid might be too low.
Cheesecake Factory is upgraded to 'neutral,' and Intuit is downgraded to 'neutral.'
Riverbed is downgraded at 2 firms, and Activision Blizzard is upgraded to 'outperform.'
As AT&T announces an ambitious plan to expand its wireless and fixed broadband networks, smaller rivals see little reason to engage in a spending war.
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As geopolitical tensions threaten to spin out of control, investors are wondering how best to position their portfolios for the global turmoil.
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.
Occupy Wall Street bought and forgave the student loan debt of more than 2,700 Everest College students.
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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