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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
May 8, 2013
Stocks rose, sending the Standard & Poor’s 500 Index to a record for a fifth day, amid better-than- projected earnings forecasts. European shares and metals gained as China’s trade and German industrial output beat estimates.
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By Chris Burritt, Bloomberg |
April 11, 2013
Apple Inc., Analog Devices Inc. and Garmin Ltd. are among the U.S. companies with the most firepower to extend the biggest surge in stock buybacks since the 1980s.
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By Grant Smith and Lu Wang, Bloomberg |
December 17, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to an almost two-month high, as investors weighed prospects for a budget deal in Washington.
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By Stephen Kirkland and Lu Wang, Bloomberg |
December 7, 2012
U.S. stocks rose for a third day as faster-than-forecast growth in jobs overshadowed concern about budget negotiations and a slide in Apple Inc. Treasuries dropped, while the euro fell on concern about German growth.
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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 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 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 Lisa Abramowicz, Bloomberg |
October 3, 2012
Pacific Investment Management Co. and BlackRock Inc. are among U.S. investors buying up bank bonds in Europe’s most indebted nations as central-bank chief Mario Draghi wins back the confidence of the world’s biggest money managers.
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By Michael P. Regan and Lu Wang |
October 2, 2012
U.S. stocks erased losses in the final hour of trading as Apple Inc. rebounded from a six-week low, helping the market recover.