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AT &T Inc. (NYSE: T) announced on Friday that it has agreed to acquire a prepaid wireless communication services provider, Leap Wireless International Inc. (NASDAQ: LEAP), in an approximate deal of $4 billion. The deal also assumes Leap Wireless International’s debt.
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AT&T Inc.’s (NYSE: T) HTC First, dubbed as the Facebook Phone, was the first smartphone which included Facebook Home, an app as well as operating system, preinstalled.
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Shares of Whirlpool Corp. (NYSE: WHR) fell about 4.30% in early trade after the home appliances maker reported fiscal first quarter results which showed revenue falling short of Wall Street’s consensus estimate; however, earnings topped expectations, thanks to higher prices and cost slashing measures that helped boosting the bottom line.
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Blackberry’s (NASDAQ: BBRY) generation next smartphone the Z10 will probably hit the U.S. market by the end of next week, according to Bloomberg news.
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Shares of Clearwire Corporation (NASDAQ: CLWR) rallied on Wednesday after DISH Network (NASDAQ: DISH) offered to buy the telecommunication company for $2.28 billion, trumping Sprint Nextel’s (NYSE: S) $2.2 billion takeover offer.
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AT&T Inc. (NYSE: T) director Matthew K. Rose bought 40,000 shares of T common stock for $33.85 per share, according to a regulatory filing. Rose made a total investment of $1.35 million.
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Shares of Clearwire Corporation (NASDAQ: CLWR), a provider of fourth-generation (4G) wireless broadband services, are soaring in early trading today. At last check, CLWR shares were trading 22.84% higher at $2.85 on above average volume of 47.79 million. The stock hit a 52-week high of $2.96 in early trading today.
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