Near-Term Bullish Options Positioning in Verizon Communications (VZ) Targets AT&T Inc. (T) Q3 Earnings Call Tonight as Potential Upside Catalyst -Susquehanna
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Google's latest iPhone rival off to a rocky start
October 23, 2017 5:02 PM EDTBy Paresh Dave
SAN FRANCISCO (Reuters) - The launch of Alphabet Inc's (NASDAQ: GOOGL) second-generation Google Pixel smartphones has been hampered by display screen problems and pricing and shipping issues, prompting the company to open an investigation and issue multiple apologies to customers.
The Pixel 2 and Pixel 2 XL, which start at $649 and debuted in stores on Thursday, are the lynchpin of Google's efforts to take on Apple Inc's (NASDAQ: AAPL) iPhone directly.
Early Pixel 2 users have voiced frustration with mishaps, including a potentially serious problem with... More
U.S. business borrowing for equipment falls 7 percent in Sept.: ELFA
October 23, 2017 3:01 PM EDT(Reuters) - U.S. companies' borrowing to spend on capital investment fell 7 percent in September from a year earlier, the Equipment Leasing and Finance Association (ELFA) said.
Companies signed up for $8.7 billion in new loans, leases and lines of credit last month, down from $9.4 billion a year earlier. However, their borrowing rose 12 percent from August.
"Third quarter new... More
T-Mobile quarterly profit tops estimates as subscribers grow
October 23, 2017 7:56 AM EDTNEW YORK (Reuters) - T-Mobile US Inc's (NASDAQ: TMUS) quarterly profit topped Wall Street analyst estimates and the No. 3 U.S. wireless carrier raised the lower end of its expected range of customer additions for the year but didn't elaborate on a potential deal with rival Sprint Corp (NYSE: S).
The wireless carrier has said it is open to considering various strategic options and has acknowledged interest in talking with Sprint about a merger. Sources told Reuters in September... More
Cisco buys BroadSoft for $1.71 billion in software push
October 22, 2017 8:53 PM EDTBy Liana B. Baker and Munsif Vengattil
(Reuters) - Cisco Systems Inc (NASDAQ: CSCO) will buy software company BroadSoft Inc (NASDAQ: BSFT) for $1.71 billion, it said on Monday, in a deal that boosts Cisco's collaboration tools and helps the company diversify its offerings away from switching and routing.
Shares in BroadSoft, which specializes in software used by major cable and telecommunications networks, rose 1.35 percent after Cisco offered $55 per share for the company, giving shareholders a premium of 2 percent to last Friday's closing share price.
... More