Verizon says it intends to sell $8 billion of of stock and debt notes to help finance the company's recent $9.36 billion acquisition of federal airwave licenses, according to a filing Tuesday.
The New York phone giant hopes to build a fourth generation nationwide network using the swath of 700 megahertz radio frequencies.
Warning! Warning! Weak profits ahead
If you're looking for some theme music for the upcoming wave of earnings reports, a funeral dirge is probably most appropriate.
Crisis and plan to fix it 'unprecedented'
President-elect Barack Obama took his campaign for an economic rescue plan to the public Thursday, calling on Congress to pass a bill in the next few weeks, warning that a failure to do so...
Stocks stabilize after slump
Stocks turned mixed Thursday morning, giving up bigger morning losses after weak sales results from Wal-Mart Stores and other retailers combined with jitters about the forthcoming December...
Auto execs expect more bankruptcies
More than three out of four auto executives expect more bankruptcies in their industry, according to an annual survey by audit and accounting firm KPMG LLP.
Detroit Auto Show: The party's over
Reporters hoping for a free appletini mixed by Chrysler chief executive Robert Nardelli at the Detroit Auto Show are in for a disappointment this year.
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