AT&T's MediaOne Buy Gets Justice Approval; Federal-Mogul Issues Earnings Warning

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Earnings/revenue Offerings/stock actions Miscellany

The Justice Department said it gave its approval for AT&T(T Quote) to acquire MediaOne Group, citing the divestiture of MediaOne's stake in Web access provider Road Runner, as the only stipulation. AT&T already holds a controlling stake in Excite@Home(ATHM Quote), the biggest Internet access provider. The merger must still receive Federal Communications Commission approval.

Major Indices INDEX CHANGE % VALUE YR TO DATE Dow -211.43 -2.01% 10,323.92 -10.2% S&P 500 -17.53 -1.25% 1381.52 -6.0% Nasdaq -65.26 -2.00% 3205.35 -21.2% Russell 2000 -5.58 -1.21% 456.16 -9.6% TSC Internet -24.48 -3.17% 746.77 -35.3% TSC New Tech 30 -84.82 -16.65% 424.57 -31.2% NOTE CHANGE PRICE YIELD 10-Year Treasury 18/32 101 23/32 6.398%

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Earnings/revenue reports and previews

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