The FCC announced the approval of AT&T’s acquisition of BellSouth in a deal worth $86 billion Friday afternoon, after the AT&T gave additional commitments regarding billing, Internet availability and jobs.

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Stocks slipped Friday, with investors backing off a bit at the end of an upbeat quarter and year on Wall Street.

Stocks slipped modestly late Friday afternoon, at the end of an upbeat quarter and year on Wall Street.

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Stocks were little changed Friday in thin trading before the long holiday weekend, with investors content to hang onto recent gains at the end of a strong year on Wall Street.

Big Pharma stocks trounced Big Biotech this year, as Merck and other drugmakers recovered from their woes, and Genentech slid after a couple of very good years.

We run a feature every other week (give or take) called Stock Spotlight that focuses on shares of a well-known company. At the end of the piece, we share our opinion as to whether the company being profiled is a good bet or not.

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