Investors
Verizon hires TAP Advisors to plan sale of assets
Verizon Communications Inc has hired investment bank TAP Advisors LLC to plan a sale of its network's assets including its cell towers, according to a source familiar with the matter.
Nasdaq to administer data system behind three-hour trading halt
Nasdaq OMX Group Inc (NDAQ.O) won a contract to administer billing and other chores for the data feed system that sparked a three-hour trading halt in Nasdaq-listed stocks last year, but a contract to build and manage the system is still undecided, the firm that oversaw bidding said on Tuesday.
Fed officials take aim at regulations for small banks
Federal Reserve officials on Tuesday offered their support to the nation's community banks, acknowledging that the complex financial reform effort is saddling small lenders with a heavy supervision load.
Wall St. ends lower, S&P 500 falls for third straight da
U.S. stocks fell on Tuesday, with consumer staples leading the S&P 500 down to its third straight daily loss, as investors grew concerned about the pace of global economic growth.