At The Motley Fool, we know our readers like to be informed. We have scouted out today's most relevant news items and brought them to you all on one page. We hope you find this midday edition informative and useful.
Google raises the heat
In a bold move, Google
The addition of Motorola Mobility will help Google become a stronger competitor against Apple
Time Warner to buy Insight Communications
In one of its biggest acquisitions, Time Warner Cable
The deal was reached after an auction held by the Carlyle Group failed to attract a bidder. Time Warner Cable dropped out of the auction when it felt the Carlyle Group was asking too much. Read more at Reuters.
Bank of America does some cutting
Bank of America
The sell-off falls in line with the bank's new strategy of focusing in the U.S. market and lowering risk. Some analysts have shown concern that exiting the Canadian, U.K., and Irish markets may lower the amount of capital needed to comply with the new Basel III requirements. Read more at Bloomberg.
The struggles of the home improvement store are an indicator of a continuing weak economy where consumers postpone renovations. Lowe's also dealt with higher prices in lumber and gasoline -- two of its most important business components. Read more at The Wall Street Journal.
So there you have it, the top financial stories for this afternoon. Check Fool.com throughout the day for commentary on these and other stories. Also, follow us on Twitter, on Facebook, or through our email digests.
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