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AT T Invests In Illinois Infrastructure To Boost Network
AT T Inc NYSE T recently announced that it has invested more than 7 2 billion in its Illinois wireless and wired networks during 2011 2018 in an attempt to strengthen its market dominance With these planned investments the telecom giant aims to enhance reliability coverage speed and overall performance for c...
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Ubiquiti UBNT Q4 Earnings Miss Estimates Revenues Up Y Y
Ubiquiti Networks Inc NASDAQ UBNT reported decent fourth quarter fiscal 2019 financial results wherein both the bottom line and the top line increased on a year over year basis Following the announcement share price declined 4 9 in Friday s trading session to eventually close at 113 95 Net IncomeOn a GAAP ba...
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Tennis ITF s new pathway to help dreamers reach the top
By Martyn Herman LONDON Reuters Armed with his talent and a racket bag full of hope Frenchman Evan Furness is one of the dreamers hoping to climb from tennis s lowest rungs up onto the biggest stages of all The trouble is the vast majority of the thousands of players who venture like 20 year old Furness into th...
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F1 s Williams target Wednesday new car track debut
By Alan Baldwin BARCELONA Reuters Williams NYSE WMB could finally get their troubled new Formula One car on track on Wednesday five days later than planned and well behind rivals already pounding out laps in testing The former champions who finished last overall in 2018 and have shed a number of sponsors had ...
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Reports Padres Machado agree to 10 year 300 million deal
The San Diego Padres have reached an agreement with free agent infielder Manny Machado on a 10 year 300 million deal according to multiple reports Tuesday It would be the most lucrative free agent contract in the history of American sports according to MLB com Padres executive chairman Ron Fowler cautioned in an ...
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Exclusive Fed s Williams says new economic outlook necessary for rate hikes
By Howard Schneider Jonathan Spicer and Trevor Hunnicutt NEW YORK Reuters New York Fed President John Williams NYSE WMB on Tuesday said he was comfortable with the level U S interest rates are at now and that he sees no need to raise them again unless economic growth or inflation shifts to an unexpectedly highe...
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Tearful Osaka stunned by Mladenovic in Dubai
Reuters A tearful Naomi Osaka said she was struggling with the attention of being the world s top ranked woman after being stunned 6 3 6 3 by France s Kristina Mladenovic in her opening match at the Dubai Duty Free Tennis Championships on Tuesday Playing her first match since claiming the number one ranking with h...
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U S China trade hopes extend equity surge central banks supportive
By Abhinav Ramnarayan LONDON Reuters World stocks hit a four month high on Wednesday on hopes of progress in trade talks between the United States and China with a dovish backdrop at major central banks also helping push markets back into the black U S President Donald Trump said negotiations with China were go...
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Motor racing Raikkonen pushes Ferrari off the top of test timesheets
By Alan Baldwin BARCELONA Reuters Alfa Romeo driver Kimi Raikkonen produced the fastest lap so far in Formula One s pre season testing to push his previous team Ferrari NYSE RACE off the top of the lunchtime leaderboard on Wednesday It was the first time since testing started on Monday at the Circuit de Catalu...
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Verizon s Q2 Earnings Will Highlight A Less Risky Approach To Reviving Growth
Reports Q2 2019 results on Thursday Aug 1 before the open Revenue expectation 32 41 billion EPS expectation 1 2 It s not a good time to be excited about telecom companies like Verizon NYSE VZ The consumer shift to internet based entertainment providers has accelerated cord cutting pushing their revenues...
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Verizon Communications VZ Tops Q2 Earnings Estimates
Verizon Communications VZ came out with quarterly earnings of 1 23 per share beating the Zacks Consensus Estimate of 1 20 per share This compares to earnings of 1 20 per share a year ago These figures are adjusted for non recurring items This quarterly report represents an earnings surprise of 2 50 A quarter...
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Trump s Tariffs Shock Markets
FX President Trump triggered a rush for safety midway through Thursday s US session when he tweeted that the US would impose 10 tariffs on 300B of Chinese goods that are not currently taxed As a result the safe haven yen was the strongest major currency on the day and the risk sensitive Aussie was the fell 2 on ...
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What To Expect From VZ Stock After Verizon s Q2 Earnings Beat
Verizon NYSE VZ reported its Q2 earnings results before the market opened on Thursday August 1 Earnings beat expectations by a small amount and the stock is up 0 3 since the announcement Overall VZ stock has far underperformed the market YTD losing 1 4 compared to the industry s gain of 1 9 Below we ll ...
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Vodafone TPG to merge Australian operations
Vodafone LON VOD VOD 4 is combining its Australian operation with rival TPG Telecom OTC TPPTY into a new entity valued about A 7 5B That will make it a bigger challenger to incumbent firms Telstra TLSYY 1 8 and Optus Vodafone Hutchison Australia will merge with TPG s operations but the new entity will k...
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MLB notebook Sabathia retiring after 2019 season
New York Yankees pitcher CC Sabathia a Cy Young Award winner and the major league s active leader in strikeouts and innings pitched confirmed Saturday this will be his final season Sabathia made the announcement at a press conference from the Yankees spring training facility in Tampa Fla All I ever wanted for pe...
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Top 25 roundup No 5 Kentucky takes down No 1 Tennessee
PJ Washington scored 23 points Keldon Johnson added 19 and No 5 Kentucky flexed its muscles in taking down No 1 Tennessee 86 69 in a Southeastern Conference showdown Saturday night in Lexington Ky The Wildcats 21 4 10 2 SEC had a plus 13 rebounding edge and 16 more points in the paint while ending the Volunteer...
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NHL roundup Allen s shutout lifts Blues to ninth straight win
Jake Allen made 32 saves for his second shutout of the season Vladimir Tarasenko and Zach Sanford scored 57 seconds apart and the St Louis Blues beat the Colorado Avalanche 3 0 on Saturday in Denver Tarasenko added an assist and Jaden Schwartz also scored to help the Blues to their ninth straight win It s the club...
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Split with Bajin not over money Osaka
Reuters World number one Naomi Osaka was adamant that her shock split with coach Sascha Bajin had nothing to do with money but it was because she was determined that her career would not be about putting success over happiness The German had guided the Japanese player to back to back Grand Slam titles as well as...
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Israeli cyber hotline offers help for the hacked
By Dan Williams NYSE WMB BEERSHEBA Israel Reuters Israel has launched a cyber hotline staffed mostly by veterans of military computing units to enable businesses and private individuals to report suspected hacking and receive real time solutions The 119 call in number to the Computer Emergency Response Centre...
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European stocks hold onto four month highs as trade talks progress
By Helen Reid LONDON Reuters Fresh from touching their highest level in four months on Friday European stocks stalled on Monday as investors cashed in their gains ahead of further U S China trade talks in Washington this week The STOXX 600 hovered around flat by 0950 GMT steadying at its highest level since Oct...
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Poland pulls out of Israel summit in row over WW2 role
By Alan Charlish and Dan Williams NYSE WMB WARSAW JERUSALEM Reuters Poland pulled out of a planned summit in Israel after Israel s acting foreign minister said on Monday that many Poles had collaborated with the Nazis in World War Two and shared responsibility for the Holocaust Polish Prime Minister Mateusz Mo...
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Serena climbs back to Top 10 in WTA rankings
Serena Williams NYSE WMB has made her way back to the Top 10 in the WTA rankings for the first time since the birth of her daughter in September 2017 Williams is No 10 in the latest rankings released Monday Japan s Naomi Osaka remained No 1 Simona Halep of Romania and Sloane Stephens each moved up a spot to Nos ...
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Sprint T Mobile in early stages of regulatory review no decisions yet source
WASHINGTON Reuters U S antitrust enforcers are in the early stages of reviewing T Mobile US Inc s O TMUS plan to buy Sprint Corp N S for 26 billion and have reached no conclusions on how many wireless carriers the country needs a source familiar with the situation said on Monday Sprint shares were up 8 7 p...
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Verizon should ditch Oath subsidiary
There are better corporate options for Verizon s NYSE VZ recently created media subsidiary called Oath which houses the acquisitions of faded tech brands AOL and Yahoo NASDAQ AABA according to former Yahoo CFO Ken Goldman Although Verizon management has resisted the idea he supports spinning off the units into a...
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Verizon union workers approve new four year contract
By Sheila Dang Reuters The union that represents many Verizon Communications Inc N VZ employees announced the ratification of a four year extension of their labor contracts on Friday paving the way for an 11 2 percent increase in wages over the four years Verizon and the union workers agreed to the deal well ...
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Union ratifies deal covering 34 000 Verizon workers
Verizon NYSE VZ and the Communications Workers of America have reached early ratification on a new labor deal covering 34 000 workers The current contract for the workers in northeast and mid Atlantic regions was set to expire in August 2019 A four year extension of the deal sets up an 11 2 increase in wages over ...
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Sprint partners with LG to launch 5G smartphone in 2019
By Sheila Dang Reuters Sprint Corp N S said Tuesday it has partnered with phone manufacturer LG Electronics Inc KS 066570 to launch a 5G smartphone in the first half of next year marking the first 5G device deal for the No 4 U S wireless carrier Sprint is working to persuade antitrust regulators to approv...
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Ericsson Samsung gain share in network gear as ZTE slumps
By Eric Auchard and Olof Swahnberg LONDON STOCKHOLM Reuters Ericsson BS ERICAs increased its share of the mobile networks market in the second quarter while Samsung Electronics KS 005930 jumped into fourth place data from industry research firm Dell Oro showed Ericsson the second biggest maker of radio acc...
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Tennis Osaka splits with coach Bajin
Reuters Naomi Osaka winner of the past two grand slam tournaments has parted ways with her coach Sascha Bajin Osaka became world number one when she won the Australian Open last month after previously beating Serena Williams NYSE WMB in the U S Open final in September I will no longer be working together ...
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NBA roundup Westbrook sets consecutive triple double mark
Paul George had a 47 point triple double and Russell Westbrook set an NBA record for consecutive triple doubles as the Oklahoma City Thunder beat the visiting Portland Trail Blazers 120 111 on Monday night George s 3 pointer with 3 52 to play came on the 10th assist by Westbrook who clinched his 10th consecutive tri...
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NHL roundup Lightning hammer sliding Flames
Nikita Kucherov the NHL s top point producer collected one goal and three assists to lead the host Tampa Bay Lightning to a 6 3 win over the Calgary Flames on Tuesday night Brayden Point collected one goal and two assists and goalie Andrei Vasilevskiy made 19 saves for the NHL leading Lightning who have won three ...
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Election may keep Moldova in gray zone between West and Russia
By Matthias Williams NYSE WMB CHISINAU Reuters An election in Moldova this month looks likely to produce a hung parliament entrenching a split between pro Western and pro Russian forces at a time when concerns over corruption and democracy have soured its relations with the European Union The EU forged a deal o...
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Motor racing Stroll ready to take a lead role in the family F1 business
By Steve Keating TORONTO Reuters Lance Stroll may be the favored son at Racing Point the Formula One team his billionaire father Lawrence bought last year but the Canadian will still have to deliver the goods for the family business The 20 year old driver a veteran of two seasons with Williams NYSE WMB canno...
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Border buster shows why Brexit frontier checks in Northern Ireland would matter
By Graham Fahy and Helena Williams NYSE WMB KINAWLEY Northern Ireland Reuters Near one of the scores of small border crossings on the island of Ireland a yellow digger stands as a monument to the lengths communities went to to keep roads open during Northern Ireland s violent Troubles Nicknamed the border b...
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Top 25 roundup No 1 Vols win 19th straight
Admiral Schofield scored 21 points and grabbed 10 rebounds to lead five Tennessee double figure scorers Wednesday night as the No 1 Volunteers extended their school record winning streak to 19 games with an 85 73 victory over South Carolina in Knoxville Tenn Jordan Bowden came off the bench to score 16 points for Te...
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NBA roundup Russell lifts Nets over Cavs in 3 OTs
D Angelo Russell took over in the third overtime scoring 14 of his 36 points and the short handed Brooklyn Nets outlasted the host Cleveland Cavaliers for a wild 148 139 victory on Wednesday Russell began the game by missing 10 of his first 11 shots but he was 6 of 6 in the third overtime and finished 13 of 30 from...
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Lyft to woo investors with fast U S growth in IPO race with Uber
By Heather Somerville and Joshua Franklin SAN FRANCISCO NEW YORK Reuters Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride hailing company according to people familiar with the matter Lyft plans to tell inve...
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Verizon Launches Inseego 5G MiFi Service Reaches St Paul
Continuing its lead in promulgating 5G network nationwide Verizon Communications Inc NYSE VZ recently launched its fifth 5G enabled device Inseego Corp s NASDAQ INSG MiFi M1000 Markedly the Inseego MiFi is Verizon s first business ready 5G device that combines bandwidth and speed to meet customers expec...
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Will Healthy Top Line Growth Buoy AT T T Q2 Earnings
AT T Inc NYSE T is scheduled to report second quarter 2019 results before the opening bell on Jul 24 The company is likely to record higher revenues on the back of solid performance from the Wireless business and incremental contribution from WarnerMedia assets and digital ad market Whether this will benefit its ...
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Nokia T Mobile US agree 3 5 billion deal world s first big 5G award
By Eric Auchard LONDON Reuters T Mobile US O TMUS named Nokia HE NOKIA to supply it with 3 5 billion in next generation 5G network gear the firms said on Monday marking the world s largest 5G deal so far and concrete evidence of a new wireless upgrade cycle taking root No 3 U S mobile carrier T Mobile w...
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T Mobile adds wireless subscribers awaits Sprint deal approval
By Sheila Dang Reuters T Mobile US Inc O TMUS on Wednesday said it added far more wireless subscribers than Wall Street had expected as the third largest U S wireless carrier invests in its network while awaiting regulatory approval to buy rival Sprint Corp N S T Mobile Chief Executive John Legere said in an...
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Palestinians warm to Netanyahu rival citing signs of compromise
By Stephen Farrell and Dan Williams NYSE WMB RAMALLAH West Bank JERUSALEM Reuters Palestinians warmed on Wednesday to Prime Minister Benjamin Netanyahu s toughest election rival a former top general who said Israel should not maintain its dominion over them With both a general election and the unveiling of a U...
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NBA roundup Bucks stay hot pound Wizards
Giannis Antetokounmpo scored 43 points Eric Bledsoe added 22 points and 11 assists and the Milwaukee Bucks routed the visiting Washington Wizards 148 129 on Wednesday night for their fifth straight win Antetokounmpo made 17 of 21 field goal attempts including 3 of 3 from 3 point range as Milwaukee beat the Wizards...
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India s central bank delivers a pre election rate cut gift to Modi but is it enough
By Manoj Kumar NEW DELHI Reuters The Reserve Bank of India s surprise decision to cut interest rates for the first time in 18 months on Thursday is a pre election stimulus gift from a compliant central bank for Prime Minister Narendra Modi But businesses and farmers and even some of his own supporters say it ...
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Fed s Daly embraces patience on rates cites financial conditions
By Ann Saphir SAN FRANCISCO Reuters Tighter financial conditions since last September make further interest rate hikes seem much less necessary than just a few months ago San Francisco Federal Reserve Bank President Mary Daly said on Friday Tightening of financial conditions is doing part of the work that I thou...
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College football notebook OSU QB Fields eligible to play in 19
The NCAA ruled that transfer quarterback Justin Fields is eligible to play immediately for Ohio State in the 2019 season the university announced Friday Fields a five star recruit in the Class of 2018 played last season at Georgia but entered the NCAA transfer portal after the regular season Fields will enter spri...
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NBA roundup Davis sits out end of Pelicans tight win
Anthony Davis returned from a three week absence to score 32 points before his New Orleans Pelicans teammates took over in the fourth quarter of a 122 117 victory over the visiting Minnesota Timberwolves on Friday night Davis who was booed during his pregame introduction and whenever he touched the ball during his fi...
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Top 25 roundup No 2 Duke beats No 3 Virginia again
In the second matchup between the top 5 teams in less than a month No 2 Duke prevailed again over host No 3 Virginia 81 71 on Saturday night in Charlottesville Va The Blue Devils never trailed and shot nearly 58 percent from the field while putting four players in double figures Freshman R J Barrett led all sc...
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NBA roundup George s 45 tops Harden s 42 in MVP caliber matchup
Paul George outgunned James Harden in a matchup of MVP candidates and the Oklahoma City Thunder erased a 26 point deficit to escape with a 117 112 win over the host Houston Rockets on Saturday George finished with a game high 45 points plus 11 rebounds torching the Houston defense with six 3 pointers plus 15 for 18 ...
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Splits across the Irish border Garage frets for post Brexit future
By Helena Williams NYSE WMB CLONES Ireland Reuters Weeks before Britain is due to leave the European Union the owner of a filling station and hardware store that straddles the only land border between the two jurisdictions has given up trying to prepare Eamon Fitzpatrick whose service station is partly in Ir...
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What Makes Verizon VZ A New Buy Stock
Verizon Communications VZ could be a solid choice for investors given its recent upgrade to a Zacks Rank 2 Buy This upgrade primarily reflects an upward trend in earnings estimates which is one of the most powerful forces impacting stock prices The Zacks rating relies solely on a company s changing earnings pic...
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AT T reveals three more cities for 5G launch by end of year
By Sheila Dang Reuters AT T Inc NYSE T on Friday named Oklahoma City Charlotte and Raleigh North Carolina as three more cities where it plans launch its next generation wireless network or 5G by the end of the year The competition to launch a 5G network is heating up as AT T s smaller rivals T Mobile US In...
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Verizon Reports Better Than Expected Q2 EPS Shares Rise
Investing com Shares in Verizon rose in pre market trade on Tuesday as the firm reported better than expected second quarter results The firm reported adjusted earnings per share of 1 20 in the April to June period Analysts had forecast 1 14 per share Meanwhile the company s reported a 5 4 increase in total co...
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NBA roundup Irving shines as Celtics snap Thunder s streak
Kyrie Irving racked up 30 points and 11 assists to lead the Boston Celtics to a 134 129 win over the Oklahoma City Thunder at home on Sunday The win was the fourth consecutive and the ninth in the last 10 for the Celtics The Thunder s seven game winning streak was snapped Irving hit a floater with 23 seconds remaini...
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British lawmakers say highest Saudi authorities may be responsible for activists torture
LONDON Reuters Three British lawmakers on Monday endorsed reports that women activists detained in Saudi Arabia have been tortured and said responsibility for what is likely a violation of international law could lie with Saudi authorities at the highest level The conclusions of the panel indicate growing uneas...
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Record Foreign Buying of Saudi Stocks as Khashoggi Woes Fade
Bloomberg Foreigners made their highest net purchases of Saudi shares on record last month as the inclusion of local stocks in major benchmarks outweighed concerns sparked by the killing of Jamal Khashoggi Investors from outside the country and the Gulf were net buyers of around 4 4 billion riyals 1 17 billion ...
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Tennis Halep appoints Belgian Van Cleemput as new coach
Reuters Former world number one Simona Halep has appointed Thierry Van Cleemput as her new coach and will officially begin working with the Belgian at next week s Qatar Open Halep had planned to fly solo for the first few months of 2019 after former coach Darren Cahill left to spend more time with his family in Au...
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NBA roundup George Westbrook power Thunder
Paul George scored 39 points and Russell Westbrook s triple double streak continued as the host Oklahoma City Thunder beat the Orlando Magic 132 122 on Tuesday night Orlando led by 12 early in the third quarter but the Thunder outscored the Magic 31 13 over the final nine minutes of the quarter and led 111 97 three ...
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Top 25 roundup KSU upsets No 13 Kansas
Kansas State used a strong second half to defeat No 13 Kansas 74 67 in the 290th version of the Sunflower Showdown on Tuesday night at Manhattan Kan The Wildcats 17 4 7 2 Big 12 took the lead with 16 39 to go on a 3 pointer by Barry Brown Jr Although Kansas cut the lead to one point on several occasions it neve...
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Why The Earnings Surprise Streak Could Continue For Verizon VZ
Have you been searching for a stock that might be well positioned to maintain its earnings beat streak in its upcoming report It is worth considering Verizon Communications VZ which belongs to the Zacks Wireless National industry When looking at the last two reports this largest U S cellphone carrier has recorde...
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Is Verizon Communications VZ Outperforming Other Computer And Technology Stocks This Year
For those looking to find strong Computer and Technology stocks it is prudent to search for companies in the group that are outperforming their peers Has Verizon Communications VZ been one of those stocks this year A quick glance at the company s year to date performance in comparison to the rest of the Computer a...
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Verizon Unveils Solution To Better Manage Customer Networks
Verizon Communications Inc s NYSE VZ operating segment Verizon Business Group recently announced the launch of Virtual Network Services VNS Wide Area Network WAN Optimization with ONEx The feat marking the latest addition to the company s VNS portfolio is likely to help companies around the globe better...
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Sprint T Mobile defend proposed tie up before U S Senate panel
By David Shepardson WASHINGTON Reuters T Mobile s planned 26 billion acquisition of rival mobile phone carrier Sprint Corp would add jobs and would not hike prices top executives of the two companies testified before a U S Senate panel on Wednesday The two companies which are the third and fourth largest wire...
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Verizon to shut down award winning go90 mobile video app company
Reuters Verizon Communications Inc NYSE VZ is shutting down its mobile video service go90 less than three years after it launched a company spokeswoman said Verizon s aim was to boost revenue through data usage and targeted advertising from well known brands but go90 struggled to find a sustained audience an...
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NBA roundup LeBron returns lifts Lakers in OT
LeBron James returned to action and scored 24 points to help the Los Angeles Lakers to a 123 120 overtime win against the host Los Angeles Clippers on Thursday night James who missed the previous 17 games due to a groin injury sustained in a Christmas night win against the Golden State Warriors also matched his seas...
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EPA taps climate skeptic for science advisory panel
WASHINGTON Reuters The U S Environmental Protection Agency added eight members on Thursday to its scientific advisory board tasked with providing independent input for agency policy a list that includes at least one vocal climate change doubter The EPA said John Christy an atmospheric science professor at the U...
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NHL roundup Lightning squeak by Islanders in shootout
Victor Hedman scored the only goal in the shootout Friday night as the Tampa Bay Lightning edged the host New York Islanders 1 0 The Lightning have alternated wins with losses in their last seven games The Islanders have lost two straight but only five of their last 20 15 3 2 It was the Islanders first 1 0 game d...
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NBA roundup Irving shines as Celtics top Knicks
Kyrie Irving capped an eventful day by totaling 23 points 10 rebounds and six assists Friday night as the Boston Celtics recorded a 113 99 victory over the New York Knicks whose home losing streak reached 13 games After addressing his impending free agency during the morning shootaround by saying ask me July 1 Ir...
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Williams bench strength lifts Clippers over Pistons
Lou Williams NYSE WMB came off the bench to score 39 points and dish out nine assists as the Los Angeles Clippers rallied from a 25 point deficit to stun the host Detroit Pistons 111 101 on Saturday Williams scored 26 points in the second half when the Clippers outscored the Pistons 64 36 Montrezl Harrell had 16 p...
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Top 25 roundup Indiana stuns No 6 Michigan State
Indiana entering play Saturday with a seven game losing streak and the worst 3 point shooting percentage in the Big Ten shot 50 percent from long range to upset No 6 Michigan State 79 75 in overtime at East Lansing Mich The Hoosiers 13 9 4 7 Big Ten sank 10 of 20 from 3 point range including 7 of 10 in the sec...
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NBA roundup Harden scores 43 in Rockets win
James Harden recorded his 19th 40 point game this season and the Houston Rockets snapped a two game slide with a 125 98 win over the Utah Jazz on Saturday at Salt Lake City Harden stuffed the stat sheet with 43 points 12 rebounds six steals five assists and four blocks He finished 15 of 15 at the free throw line ...
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Verizon VZ Launches 5G In Denver Providence Next In Line
Verizon Communications Inc NYSE VZ recently launched 5G Ultra Wideband network in select locations in Denver Also the company will roll out 5G service in certain areas of Providence on Jul 1 2019 The move is in sync with the company s strategy to increase the tally of cities under the 5G service coverage to mo...
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Inflation Expectations Sketch Out Growing Downside
For the third time in the last five months inflation expectations have matched record lows To hear officials and Economists talk you d think they were at or nearing record highs The unemployment rate after all is at a 50 year low point which by mainstream reckoning should mean the cusp of an epic wage driven brea...
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AT T also pledges to cut off sales of user location data
AT T T 0 5 is also joining in with a pledge to cut off selling its users phone location data to outside brokers Verizon VZ 2 1 told Sen Ron Wyden that it s ending such sharing after the discovery that at least one partner was sharing customer locations without permission Wyden has asked all four major U S ...
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Verizon to stop selling phone location data to third parties
By Sheila Dang Reuters Verizon Communications Inc NYSE VZ will stop selling its customers phone location data to third parties after an investigation by a U S Senator found law enforcement agencies were able to use the data to track people without their consent The move by Verizon comes as consumers and lawm...
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Powell faces early reckoning on Fed s 4 trillion question
By Jonathan Spicer and Ann Saphir NEW YORK SAN FRANCISCO Reuters Federal Reserve Chairman Jerome Powell has a problem how to explain that the Fed may soon begin to taper its ongoing asset shedding operation without looking like he s hunkering down for a coming recession or caving to U S President Donald Trump N...
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NBA roundup Nuggets comeback stuns Grizzlies
Nikola Jokic scored 24 points including a go ahead basket with 28 9 seconds left and the visiting Denver Nuggets rallied from 25 points down to beat the Memphis Grizzlies 95 92 on Monday night Will Barton had 20 points and Malik Beasley scored 13 of his 18 points in the fourth quarter when the Nuggets trailed by...
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Netanyahu s toughest ballot rival ex general Gantz to break silence
By Dan Williams NYSE WMB JERUSALEM Reuters Prime Minister Benjamin Netanyahu s toughest rival in Israel s April ballot former military chief and political enigma Benny Gantz will set out his goals on Tuesday in a marker of the center left opposition s prospects Polls predict a Netanyahu reelection with his ri...
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Top 25 roundup No 3 Virginia tops No 23 NC State in OT
Kyle Guy made a tiebreaking 3 point basket with just more than two minutes left in overtime and No 3 Virginia held on to defeat host No 23 North Carolina State 66 65 on Tuesday night in Raleigh N C De Andre Hunter made two foul shots with 5 2 seconds left to put Virginia up 66 63 He then fouled Markell Johnson on...
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Cost conscious Chinese tourists staying closer to home for Lunar New Year
SHANGHAI Reuters Trade tensions with the United States and a slowing economy are keeping Chinese tourists to budget friendly destinations closer to home for the Lunar New Year holiday with more likely opting for Bangkok than Sydney or San Francisco The week long holiday which takes place this year in the first w...
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NBA roundup Jokic s triple double lifts Nuggets
Nikola Jokic had a triple double as the visiting Denver Nuggets defeated the short handed New Orleans Pelicans 105 99 on Wednesday night Jokic had 20 points 13 rebounds and 10 assists Malik Beasley added 22 points off the bench Monte Morris scored 20 and Paul Millsap had 13 as the Nuggets won their fourth consecuti...
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Has Verizon Communications VZ Outpaced Other Computer And Technology Stocks This Year
Investors focused on the Computer and Technology space have likely heard of Verizon Communications VZ but is the stock performing well in comparison to the rest of its sector peers Let s take a closer look at the stock s year to date performance to find out Verizon Communications is a member of our Computer and Te...
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The Government Won t Let Huawei Enforce U S Patents
Huawei may be looking for an opportunity to talk to government officials but the government is clearly not in the mood Not only have officials made it clear that there are going to be no negotiations with the company but it has also indicated that it will go to lengths to see that the company doesn t create any misc...
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U S Cellular Gets Millimeter Wave Spectrum Eyes 5G Network
Bidding for high frequency spectrum in the recently hosted FCC Millimeter Wave Spectrum Auctions United States Cellular Corporation NYSE USM successfully acquired licenses that cover 98 of its overall customers for 256 million or 1 7 cents per MHz passing one person pop U S Cellular aims to address the growin...
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Britain fines Yahoo UK Services 250 000 pounds for 2014 hack
Reuters Britain s data watchdog said on Tuesday it fined Yahoo NASDAQ AABA UK Services Ltd 250 000 pounds for a cyber attack in November 2014 Yahoo most of whose assets were acquired by Verizon Communications Inc N VZ said in 2016 that at least 500 million of its accounts had been hacked two years earlier ...
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Australia divided thousands expected to protest Australia Day legacy
By James Redmayne SYDNEY Reuters Thousands of Australians are expected to protest on Saturday as a national holiday intended to celebrate the birth of modern Australia divides the country Australia Day on Jan 26 marks the anniversary of the 1788 arrival of the First Fleet to Sydney Cove carrying mainly convic...
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Top 25 roundup No 6 Michigan State avoids upset at No 19 Iowa
Cassius Winston scored 23 points and Nick Ward added 21 points and 10 rebounds as No 6 Michigan State used a huge second half run to beat No 19 Iowa 82 67 at Iowa City for its 13th straight win It was a remarkable turnaround as Iowa controlled the game early in the second half taking an eight point lead less than...
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Osaka Kvitova chase double delight in Melbourne final
By Sudipto Ganguly MELBOURNE Reuters The rewards could not get bigger when Petra Kvitova takes on Naomi Osaka in Saturday s Australian Open final with one of them set to emerge as a fresh champion at Melbourne Park as well as the new world number one Four months after stunning 23 times Grand Slam champion Serena W...
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Motor racing Zanardi looks ahead with realistic expectations
By Steve Keating Reuters Despite having lost both his legs in a crash Alex Zanardi jokes that he has both feet firmly planted on the ground when it comes to expectations for this weekend s 24 Hours of Daytona endurance race Back racing against some of motorsports very best 17 years after a horrific accident nearly...
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NBA roundup Harden extends streak Rockets stop Raptors
James Harden extended his streak of consecutive 30 point games to 22 but had plenty of help as the Houston Rockets claimed a 121 119 wire to wire victory over the visiting Toronto Raptors who dropped back to back games for the first time since mid December Harden continued his recent struggles from behind the 3 poin...
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Osaka edges Kvitova to claim Australian Open crown
By Sudipto Ganguly MELBOURNE Reuters Naomi Osaka overcame nerves tears and a spirited challenge from double Wimbledon champion Petra Kvitova to claim the Australian Open title with a 7 6 2 5 7 6 4 win on Saturday It was a second successive Grand Slam crown for the Japanese after her U S Open triumph in Septemb...
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NBA notebook LeBron in full contact drills but won t play Sunday
LeBron James participated in full contact defensive drills for the first time in a month at Los Angeles training complex on Saturday but the four time NBA MVP still won t play Sunday when the Lakers host the Phoenix Suns He was a full participant in that so it was good to see coach Luke Walton told reporters H...
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Top 25 roundup No 8 Kentucky stops Kansas extends home streak
Forwards Reid Travis and PJ Washington and guard Keldon Johnson each contributed a double double Saturday as No 8 Kentucky toppled No 9 Kansas 71 63 in a clash of basketball bluebloods in Lexington Ky that highlighted the Big 12 SEC Challenge Travis a graduate senior posted 41 points and 13 rebounds in two prev...
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Motor racing Fraga happy to blur the lines between real and virtual
By Alan Baldwin LONDON Reuters The lines between virtual racing and the real racetrack are increasingly blurred and Igor Fraga hopes that growing overlap can also help him move up the conventional motorsport ladder In a world of screens and simulators where teenagers without cars or driving licenses can become w...
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No deal no problem Wetherspoon pubs boss raises a glass to Brexit
By Helena Williams NYSE WMB BLACKPOOL England Reuters Wetherspoon s boss Tim Martin says British business has nothing to fear from leaving the European Union without a deal and to prove it he s Brexiting his pubs by swapping French champagne and cognac for English sparkling wine and Australian brandy The 63...
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Why Nokia Is The 5G Stock Set To Take Off
Wireless technology has come a long way The first generation of wireless known as 1G was rolled out in the 1980s The only thing a user could do with 1G was make a phone call At times the call quality could rival that of two tin cans connected by a string But wireless tech has made huge advances since those early d...
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Verizon Communications VZ Dips More Than Broader Markets What You Should Know
Verizon Communications VZ closed the most recent trading day at 58 18 moving 0 95 from the previous trading session This change lagged the S P 500 s 0 69 loss on the day Meanwhile the Dow lost 0 87 and the Nasdaq a tech heavy index lost 0 79 Heading into today shares of the largest U S cellphone carri...
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Twilio Inc TWLO Up 0 5 Since Last Earnings Report Can It Continue
It has been about a month since the last earnings report for Twilio Inc TWLO Shares have added about 0 5 in that time frame outperforming the S P 500 Will the recent positive trend continue leading up to its next earnings release or is Twilio Inc due for a pullback Before we dive into how investors and analys...
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Senate votes Wednesday on effort to reinstate net neutrality rules
By David Shepardson WASHINGTON Reuters The U S Senate will vote on Wednesday on whether to reverse a decision by the Trump administration to roll back Obama era net neutrality rules Democratic senators said on Monday Advocates of keeping the 2015 open internet rules have the backing of 50 U S senators includ...
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FCC investigating website flaw that exposed mobile phone locations
By David Shepardson WASHINGTON Reuters The U S Federal Communications Commission said on Friday it was referring reports that a website flaw could have allowed the location of mobile phone customers to be tracked to its enforcement bureau to investigate A security researcher said earlier this week that data from ...