French mobile phone company Iliad SA has offered $15 billion in cash, or $33 a share, for a controlling 56.6% stake in T-Mobile U.S., jumping in front of Sprint.
Target announced it's named PepsiCo executive Brian Cornell its new chief executive officer.
Apple is said to be axing jobs at Beats as its acquisition of the company nears completion.
Catalent Pharma Solutions begins trading on the New York Stock Exchange Thursday under the ticker CTLT.
Prospect Capital is one of the top-yielding stocks in a sector known as business development companies, typically publicly-traded lenders that target small to mid-size companies.
Argentina has now defaulted for the second time in 13 years, but UBS' Alejo Czerwonko says he doesn't foresee any other countries heading down the same path.
Shares of Humana and WellPoint are falling in Wednesday trading after both health insurers reported lower second-quarter profit, despite significant revenue growth.
Twitter posted better-than-expected quarterly earnings on Tuesday, along with monthly average users that climbed 24% year over year and ad revenue that increased 129%.
Shares of Pfizer and Merck are rising in Tuesday trading after both pharmaceutical companies reported quarterly results that beat estimates.
Morgan Stanley is reportedly raising base salaries for junior bankers by about 25%.