Global Markets Overview - 02/13/2012

Stocks were dragged down for their worst one-day loss in about six weeks by tumult over the Greek bailout, disappointing readings on the U.S. economy and a downgrade of nearly three dozen Italian banks.

Sprint

Sprint CEO Remark Spurs Talk of T-Mobile Bid

Sprint CEO Dan Hesse said his company might benefit from the collapse of the AT&T bid for T-Mobile USA.

C&W Comms says Panama underperforming

Cable and Wireless Communications <CWC.L> warned on Friday that increasing competition and weak demand from corporate clients had hit its business in Panama, taking the shine off solid performances elsewhere.

Internet Firms Aren't Broadcasters, Canadian Court Rules

Internet service providers are not broadcasters, and don't need to adhere to strict rules designed to boost Canadian content on domestic television and radio, the Supreme Court of Canada ruled on Thursday.

Apple co-founder Steve Jobs

FBI Notes on Steve Jobs Cited Drug Use, Abrasiveness

Newly released Federal Bureau of Investigation files regarding Apple Chairman Steve Jobs noted the computer visionary’s use of drugs, abrasive personality but also his fitness for a prospective government appointment.

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