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China’s gross domestic product rises only 7.4%, but some data shows its economy may have bottomed. (Reuters) An analysis issued by the White House shows that Chinese telecom Huawei Technologies has...
Initial rumors were that part of the deal for Softbank to buy 70% of Sprint-Nextel (NYSE: S) for just over $20 billion, would involve Sprint’s takeover of 4G broadband Clearwire (NASDAQ: CLWR)...
The three major U.S. stock indexes opened higher this morning following a report that economic sentiment in Germany came in better than expected (more coverage here) and that U.K. inflation was lower...
Clearwire Corp. (NASDAQ: CLWR) is set to be acquired under part of the Sprint Nextel Corp. (NYSE: S) virtual takeover by Softbank in Japan. Not so fast. We warned that a deal might not come for...
The three major U.S. stock indexes opened higher this morning, aided by a better-than-expected report on U.S. retail sales and a smaller-than-expected rise in the Empire State manufacturing survey...
Many investors keep looking at the gains in Sprint Nextel Corp. (NYSE: S) and in Clearwire, but the cellular tower outfits really seem to be winning here. If Softbank, via Sprint, is really going to...
ClearwireClearwire Corporation (NASDAQ: CLWR) may soon find itself between a rock and a hard place. This is not due to the company’s action, nor it is the company’s fault. With Sprint Nextel...
Photo by Spencer Platt/Getty ImagesThe stock market is mixed Monday, with the Dow Jones Industrial Average up 0.06%, the Nasdaq down 0.09% and the S&P 500 flat. Today’s big winner is a...
ClearwireThe $20.1 billion that Japan’s SoftBank Corp. has agreed to pay for a 70% stake in Sprint Nextel Corp. (NYSE: S) does not include any condition that Sprint increase its stake in Clearwire...
David Faber on CNBC is talking up Clearwire Corp. (NASDAQ: CLWR) about the interest by Sprint Nextel Corp. (NYSE: S) but the details remain murky. Yesterday we noticed that options traders were...
The three major U.S. stock indexes opened higher this morning on traders initial reaction to a sharp drop in the weekly report on new claims for unemployment (more coverage here). In Asia, South...
Investors have faced confusion and hope all in the same day over the notion that Sprint Nextel Corporation (NYSE: S) could be the next big telecom takeover target. Whether it is a majority stake sale...
The plot is thickening on the Sprint-Softbank talks. David Faber on CNBC has said that talks between Sprint Nextel Corp. (NYSE: S) and Softbank are advanced, but they are for a stake with a value of...
The three major U.S. stock indexes opened lower this morning and have wavered around the break-even line all day. European markets got things off to a slow start with concerns about Spain’s...
ClearwireIn a Friday filing with the SEC, Time Warner Cable Inc. (NYSE: TWC) said it will sell its stake of 46.4 million shares of Clearwire Corp. (NASDAQ: CLWR) either to other shareholders or, if...