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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 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 Adam Ewing, Bloomberg |
September 27, 2012
As Nokia Oyj depletes its cash pile amid a prolonged turnaround effort, investors are bracing for something that hasn’t happened in decades: no dividends.
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By Stephen Kirkland and Glenys Sim, Bloomberg |
June 18, 2012
Spanish 10-year bond yields rose above 7% for the first time since the euro’s creation as a jump in bad loans fueled concern the debt crisis is deepening.
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By Stephen Kirkland and Rita Nazareth, Bloomberg |
March 6, 2012
Stocks fell a third day, with the Standard & Poor’s 500 Index posting its worst drop of the year
