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By Nikolaj Gammeltoft and Alexis Xydias, Bloomberg |
November 12, 2012
U.S. stocks erased gains, failing to rebound after the Standard & Poor’s 500 Index’s biggest weekly retreat since June, as investors awaited budget talks in Washington and European finance chiefs met to discuss Greek aid.
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By Alanna Byrne |
October 22, 2012
After markets slumped Friday, some major upcoming earnings reports could either “shift the sentiment higher or add fuel to the fire on the downside...
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By Scott Moritz and Cornelius Rahn, Bloomberg |
October 18, 2012
Verizon Communications Inc., the second-largest U.S. phone company, reported an increase in profitability at its wireless unit that topped analyst estimates as sales of smartphones boosted customers’ bills.
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By Mariko Yasu and Shunichi Ozasa, Bloomberg |
October 15, 2012
Softbank Corp. agreed to buy a stake of about 70 percent in Sprint Nextel Corp. for $20.1 billion as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market.
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By Nikolaj Gammeltoft, Bloomberg |
October 15, 2012
U.S. stocks rose, as the Standard & Poor’s 500 Index rebounded from its biggest weekly drop in four months, after American retail sales and Citigroup Inc.’s earnings topped estimates.
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By Scott Moritz, Bloomberg |
October 12, 2012
Sprint Nextel Corp. CEO Dan Hesse’s talks to align with Softbank Corp. have the potential to reshape the U.S. wireless landscape, creating a more viable competitor to Verizon Wireless and AT&T Inc. and sparking a new round of consolidation.
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By Jeffrey McCracken, Yoshinori Eki and Scott Moritz, Bloomberg |
October 11, 2012
Sprint Nextel Corp. said it’s in talks with Softbank Corp. for a “substantial” investment from the Japanese carrier, potentially shifting the balance of power in the U.S. telecommunications industry.
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By Olga Kharif and Scott Moritz, Bloomberg |
October 5, 2012
Sprint Nextel Corp.’s Dan Hesse and his board are expected to meet for the second time this year to consider whether to buy MetroPCS Communications Inc. The verdict may be different this time.
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By Scott Moritz, Bloomberg |
September 24, 2012
Sprint Nextel Corp. shares have outperformed Apple Inc. this year, along with all but one other stock in the Standard & Poor’s 500 Index. Can this be real?
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By Scott Moritz, Bloomberg |
September 19, 2012
Sprint Nextel Corp., the third- largest U.S. wireless carrier, rose the most in more than a month after Chief Executive Officer Dan Hesse said the company would probably play a role in future consolidation.
