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.
Stocks deflated Friday afternoon, with investors giving up an attempt at an advance as J.C. Penny's profit warning and gyrations in the financial sector kept economic fears in focus.
Stocks turned mixed, giving up gains Friday afternoon as J.C. Penny's profit warning revived worries about consumer spending and gyrations in the financial sector kept credit market fears at the forefront.
Where are investors putting their money in these uncertain times? Apparently, more and more are seeking safer havens in Europe, India, China and Latin America.