level 3

For investors in search of good news, here's a quick rundown of some of the most promising developments in the market this week.

When it comes to telecom, Verizon is a pretty obvious leader, but what about the rest of the pack? This look at the top fifteen telecom stocks gives a hint at where the industry is right now...and where it's headed.

Comcast faces FCC involvement in its fee dispute with Level 3 Communications and a new Consumers Union campaign to block its pending acquisition of NBC Universal, but shareholders appear unfazed so far. Shares of the cable giant fell less than 1% Tuesday to close at $20.03.

In two separate complaints, Level 3 Communications and Zoom Telephonics are alleging that Comcast is using its position as the nation's largest cable service system to restrict the open nature of the Internet. Comcast has strongly disputed the Level 3 complaint.

19 financial institutions (FIs) are undergoing so-called "stress tests" to determine whether they need to raise more capital. As I posted, these 19 institutions hold $608 billion in toxic waste, formally known as Level 3 assets. Now there is major drama in Washington about whether to release the...