August 2, 2010: AT&T, Verizon Planning Payment System To Rival Visa, Mastercard
Category Finance, Video | Monday, August 2nd, 2010
Wall Street Journal reports that Cameron International Corp. (CAM) could emerge as an unlikely beneficiary in the Gulf of Mexico oil spill,…the Wall Street Journal reports that Simon Property Group (SPG) cut three properties from its $700M acquisition of Prime Outlets as the FTC reviews the deal for antitrust issues, …Reuters reports that Indian power equipment firm Crompton Greaves offered $400M for Emerson Electric’s (EMR) transformer division …Bloomberg reports that AT&T (T) and Verizon Wireless (VZ, VOD) are planning a venture to displace credit and debit cards with smartphones, threatening Visa (V) and MasterCard (MA)