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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...
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Updated throughout the day on the 24/7 Wall St. Wire: Larry Ellison of Oracle Corp. (NASDAQ: ORCL) may bid for Anschutz Entertainment Group, which could give him access to an NFL team. (Reuters)...
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Softbank may seek $23 billion in loans from Japanese banks as it tries to buy a controlling interest in Sprint Nextel Corp. (NYSE: S). (Reuters) Jeff Bezos of Amazon.com Inc. (NASDAQ: AMZN) says the...
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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...
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Clearwire Corp. (NASDAQ: CLWR) is absolutely surging today on news that it will likely have to be a part of a Sprint Nextel Corp. (NYSE: S) majority stake sale to Softbank in Japan. While the deal...
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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...
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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...
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MetroPCS Communications, Inc. (NYSE: PCS) has traded well off of its highs since word first surfaced that Deutsche Telekom’s T-Mobile USA was likely to acquire it. Shares hit a high of $14.51 on...
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Updated throughout the day on the 24/7 Wall St. Wire: Greek financial firms National Bank and Eurobank Ergasias are in merger talks. (Reuters) China telecom equipment firm Huawei Technologies may...
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The European Central Bank bailout pledge helps companies in the region to borrow inexpensively. (Reuters) Samsung makes a profit of $7.3 billion but says the next quarter will be weaker. (Reuters)...
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The three major U.S. stock indexes opened higher this morning, reaching a peak after the first half-hour of trading following an inline report on new jobless claims (more coverage here) and no...
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MetroPCS Communications Inc. (NYSE: PCS) saw its shares recover handily and shares were halted briefly after Bloomberg reported that Sprint Nextel Corp. (NYSE: S) was likely to try to make a...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday. ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at UBS. Consolidated Edison...
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Apple Inc. (NASDAQ: AAPL) might have expected that its successful patent suit against Samsung and the launch of the iPhone 5 would dampen demand for Samsung’s flagship smartphone, the Galaxy S III....
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China begins to use its currency for cross-border transactions — a challenge to the dollar. (Reuters) Google Inc. (NASDAQ: GOOG) is denied summary judgement in a patent fight with Vringo....
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