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Today’s breaking news includes Yahoo! Inc. (NASDAQ:YHOO) receiving coverage initiation by Wedbush, Hewlett-Packard Company (NYSE:HPQ) to launch tablet PCs, and Sprint Nextel Corporation (NYSE:S) dropped some pocket change on lobbying for Q2.

Some of the latest news includes CBS Corporation (NYSE:CBS) looking bullish, Sprint Nextel Corporation’s (NYSE:S) 4G Exec to leave, Goldman Sachs Group, Inc. (NYSE:GS) pays nearly double tax hit of Morgan Stanley (NYSE:MS).

First Solar (NASDAQ:FSLR) announced in the pre-market on Wednesday morning that it is making another acquisition to drive its utility-scale solar business.

247Wallst.com is out with America's 15 most hated companies, which include AIG (NYSE:AIG), Citigroup (NYSE:C) and Sprint Nextel (NYSE:S).

It seems the rumor mill is still a buzz about a merger of Sprint Nextel Corporation (NYSE:S) and T-Mobile USA (owned by Deutsche Telekom).  If Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T) continue to expand control over the wireless arena,

Today’s upgrades include CA, Inc. (NASDAQ:CA), Sprint Nextel Corporation (NYSE:S) and 3M Company (NYSE:MMM).  Read more to see what analysts are saying about these companies.

Volume on the major exchanges is light today but as usual leading the charge is Citigroup Inc. (NYSE:C) followed by the SPDR S&P 500 (ETF) (NYSE:SPY), Bank of America (NYSE:BAC) and Sprint (NYSE:S).

Sprint Nextel Corp. (NYSE:S) shares are on fire today up 11% and have already passed its daily volume of 58 million shares.  Sprint joins Citigroup (NYSE:C) and Bank of America (NYSE:BAC) this morning as the No. 3 most heavily traded stock on the NYSE.

Unemployment in the U.S. is at a record high, benefits rose to 4.776 million in the week ended Jan. 17, the highest since record-keeping started in 1967.

Sprint (NYSE:S) joins Caterpillar (NYSE:CAT). So, with nobody working, how is this thing turning around?