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Sprint posts deeper 4Q loss on iPhone costs
Sprint dug deep into its pockets in the latest quarter to put iPhones in the hands of its customers. The perennially money-losing company on Wednesday posted its largest loss in three years.

Will the Government Put Money Market Funds Out of Business?
Immediately after Lehman Brothers failed, a money market mutual fund called Reserve Primary "broke the buck"--it did not have enough money in its coffers to pay the shareholders what they'd had. ...

Sprint Nextel posts deeper fourth-quarter loss on cost of selling the iPhone, network upgrade
NEW YORK, N.Y. - Sprint dug deep into its pockets in the latest quarter to put iPhones in the hands of its customers. The perennially money-losing company on Wednesday posted its largest loss in three years.

Senator urges lobbying against money market reform
WASHINGTON (Reuters) - Senator Pat Toomey is urging businesses to push back against efforts by U.S. securities regulators to impose new rules on the money market fund industry, which he says could "wipe out" the products. Speaking to an audience at the U.S. Chamber of Commerce on Wednesday, he expressed frustration that the U.S. Securities and Exchange Commission is trying to move ahead on ...

Fidelity money fund clients sour on SEC proposals
BOSTON (Reuters) - Adding to the outcry against new rules for money-market funds, Fidelity Investments has warned regulators that more than half of its money-fund clients would move some or all of their assets out of the investments if the net asset value of the funds were allowed to fluctuate. That warning from the largest U.S. money-market fund manager came as the U.S. Securities and Exchange ...

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