Want to join the conversation?
$CNSL said it completed the acquisition of Champaign Telephone Company (CTC) and its sister company, Big Broadband Services, in the Champaign-Urbana, Illinois area. CTC serves about 1,500 business customers across the greater Champaign, Illinois area. The deal adds 275 fiber route miles and 310 lit buildings to $CNSL's Illinois network.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.