AOL

(AOL)

was up 1.5% in late afternoon after the

Federal Communications Commission

said it would decide within 30 days whether to approve the company's proposed merger with

Time Warner

(TWX)

. Time Warner was down 1.2%.

Today at 3:30 p.m. EDT, Dave Kansas, editor-in-chief of TheStreet.com and Brett Fromson, chief markets writer, will be chatting exclusively on TheStreet.com's Market E.R. Check our home page for more details.