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AT&T CEO expects Time Warner deal clearances; shares fall

AT&T Inc Chief Executive Randall Stephenson on Monday told investors he expects the planned $85.4 billion acquisition of Time Warner Inc to receive regulatory clearances as investors showed skepticism by pushing shares of both companies lower. | Video

Monday biz blues

Recent Business News

TD Ameritrade to buy Scottrade in two-step deal with TD Bank

Toronto-Dominion Bank and TD Ameritrade are buying Scottrade Financial Services for $4 billion in a deal that will combine two of the biggest U.S. discount brokerages, the companies said on Monday. | Video

12:06pm EDT

CFTC regulator says open to narrowing automatic trading rule

WASHINGTON Timothy Massad, the chair of the Commodities and Futures Trading Commission, on Monday said he was willing to narrow a proposal that would govern automated trading.

11:54am EDT

U.S. banking group forms unit aimed at reducing cyber risk

The Financial Services Information Sharing and Analysis Center (FS-ISAC), an influential U.S. financial industry group, said on Monday it had formed a unit to enhance collaboration among its members and the U.S. government as a way to help reduce cyber security threats to the financial system.

Tech, Money 11:35am EDT

T-Mobile beats profit estimates, raises customer additions forecast

T-Mobile US Inc reported a better-than-expected quarterly profit and raised its forecast for customer additions for the year as heavy discounting helped attract subscribers.

8:51am EDT

Fannie Mae streamlines U.S. mortgage underwriting

NEW YORK Fannie Mae said on Monday it has launched a program to streamline its underwriting on mortgages for some borrowers that uses electronic data instead of physical proof of their income, assets and employment.

11:36am EDT


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