Stocks slid Friday, falling for the third straight session, as investors abandoned an early rally attempt as J.C. Penney's profit warning and churning in the financial sector kept economic fears in focus.
Cable duo Comcast (CMCSA) and Time Warner Cable (TWC) could arrive at a WiMax deal as early as this weekend, according to people close to the discussions.
Stocks slid Friday, falling for the third straight session, as investors abandoned an early rally attempt as J.C. Penney's profit warning and churning in the financial sector kept economic fears in focus.