AT&T and Verizon's mixed earnings picture is giving new life to telecom sector bears.
Telecom investors can breathe a sigh of relief following the release of Verizon Communications' solid third-quarter results.
With some badly needed financial support from Japan, the third-largest mobile carrier in the US turns up the heat on AT&T and Verizon.
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A combination of Softbank and Sprint will have revenue equal to AT&T and behind only China Mobile and Verizon worldwide.
Stocks are higher as jobless claims fall to their lowest weekly level in years.
Exxon Mobil initiated with a 'buy,' and Texas Instruments downgraded to 'neutral.'
September unemployment declined to nearly a 4-year low as employers added 114,000 jobs. Zynga shares continue to tumble. Facebook shares fall on Zynga concerns. Avon's former CEO steps down as executive chairman.
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