AT&T NEGOTIATING with Apple and 4 Mid-Week Hot Stocks
Bank of America (NYSE:BAC): Bank of America (NYSE:BAC) will pay $375M to settle a suit over toxic mortgage-backed securities with Syncora Guarantee, the bond insurer unit of Syncora Holdings, Reuters reports. BofA was sued by Syncora in 2009, to recover security transaction losses based on home loans made by Countrywide. Shares of Bank of America are trading 2.46% lower today.
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Apple Inc. (NASDAQ:AAPL): According to CNet reports, AT&T (NYSE:T) CEO, Randall Stephenson, has confirmed that the company is negotiating with Apple (NASDAQ:AAPL), to”work out stabilizing,” Facetime. At a Forbes conference, Stephenson said it’s “too early,” to talk about pricing. Shares of Apple Inc. are trading at 0.16% higher today.
Facebook, Inc. (NASDAQ:FB): According to Reuters, Nasdaq’s OMX Group (NASDAQ:NDAQ) and investors, who sued the exchange operator over Facebook’s (NASDAQ:FB) $16B initial public offering, asked a judicial panel to keep their dispute separate from dozens shareholder related lawsuits. Shares of Facebook, Inc. are trading 2.88% higher today.
AT&T, Inc. (NYSE:T): CNet reported, according to Randall Stephenson, CEO of AT&T(NYSE:T) that AT&T (NYSE:T), and Apple (NASDAQ:AAPL) are negotiating about Facetime,. The discussion hopes to “work out stabilizing.” However, Stephenson told Forbes Magazine that it is too early to talk about pricing. Shares of AT&T, Inc. are trading at 0.84% higher today.
Nokia Corporation (NYSE:NOK): According to The Next Web, Nokia (NYSE:NOK) has shifted most of its Lumia 900 production to Argentina. However, it is not clear whether or not the company is lowering production. Shares of Nokia Corporation are trading unchanged today.
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