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Dec 19, 2011 6:52PM on Latest DispatchesBy Charley Blaine

Opposition from the Obama administration over competition and job losses proves too big to overcome. The companies say more capacity to handle growing mobile usage is needed. Sprint is a winner; shares jump.

Dec 19, 2011 11:29AM on Latest DispatchesBy Charley Blaine

The mobile phone deal is killed after stocks slide and the Dow falls 100. Bank of America falls below $5 for the first time since 2009. Saab will go out of business. Nike and Oracle earnings are due Tuesday.

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