Archive for June 4th, 2008

Verizon Wireless is in talks to purchase rival Alltel Corp., according to a report Wednesday, in a deal that could create the largest mobile carrier in the United States.

Stocks closed Wednesday's session mixed, at the end of a choppy session, after reports that Moody's may lower the credit ratings of two key bond insurers overshadowed some upbeat economic data and lower oil prices.

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Stocks closed Wednesday's session mixed, at the end of a choppy session, after reports that Moody's may lower the credit ratings of two key bond insurers overshadowed some upbeat economic data and lower oil prices.

Top execs at Lehman Brothers must feel like they have the proverbial Kick Me sign taped to their backs.

Stocks turned mixed Wednesday afternoon as investors mulled upbeat economic data and falling oil prices while keeping a close eye on Lehman Brothers and troubled bond insurers.

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Quality is in the upswing for carmakers these days, according to an annual report from the market researcher.