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By Scott Moritz, Bloomberg |
April 24, 2013
Sprint Nextel Corp., the third- largest U.S. wireless carrier, reported a narrower-than-expected first-quarter loss, even as 560,000 subscribers departed.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 15, 2013
Commodities fell to a nine-month low, led by the worst plunge in gold since 1980, and global stocks slid the most since June as China’s economic growth unexpectedly slowed and investors speculated hedges against inflation were unneeded.
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By Patricia Hurtado, Bloomberg |
March 25, 2013
Rengan Rajaratnam, the younger brother of imprisoned hedge-fund founder Raj Rajaratnam, was taken into custody by FBI agents yesterday when he arrived at John F. Kennedy International Airport on a flight from Brazil.
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By Cecile Daurat, Bloomberg |
December 17, 2012
Sprint Nextel Corp. won over Clearwire Corp.’s board after raising its bid to take over the smaller carrier to $2.97 a share in a transaction now valued at $2.2 billion.
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By Inyoung Hwang and Stephen Kirkland |
November 30, 2012
U.S. stocks erased losses in the final 15 minutes as investors bought shares before changes to MSCI indexes. Commodities rose. Treasuries were little changed.
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By Tim Culpan and Adam Satariano, Bloomberg |
November 12, 2012
Apple Inc. settled all global lawsuits with HTC Corp., signaling a new willingness to resolve patent disputes without resorting to the “thermonuclear war” stance favored by co-founder Steve Jobs.
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By Scott Moritz, Bloomberg |
October 25, 2012
Sprint Nextel Corp., the third- largest U.S. wireless carrier, reported a smaller loss than estimated after smartphones helped increase customer spending on data plans and add to the size of phone bills.
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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.
