Lowe's Earnings Fall Short of Estimates; Shares Slide
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ESPN, the sports channel that is Walt Disney's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a source said.
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May 1- Sprint Nextel Corp:.
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NEW YORK, May 1- T-Mobile US Inc shares rose 6 percent in their debut on the New York Stock Exchange on Wednesday, after the company was created by the merger of MetroPCS Communications and Deutsche Telekom AG's U.S. unit T-Mobile USA.
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Consolidation in the telecom industry is going to happen, and T-Mobile is "always open" to integrating with a range of other companies, T-Mobile US CEO John Legere tells CNBC.
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NEW YORK, May 1- T-Mobile US Inc shares rose 3 percent in their debut on the New York Stock Exchange on Wednesday, after the company was created by the merger of MetroPCS Communications and Deutsche Telekom AG's U.S. unit T-Mobile USA.
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NEW YORK, May 1- T-Mobile US Inc shares rose 5.1 percent in their debut on the New York Stock Exchange on Wednesday, after the company was created by the merger of MetroPCS Communications and Deutsche Telekom AG's U.S. unit T-Mobile USA.
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NEW YORK, May 1- T-Mobile US Inc shares rose 5.1 percent in their debut on the New York Stock Exchange on Wednesday, after the company was created by the merger of MetroPCS Communications and Deutsche Telekom AG's U.S. unit T-Mobile USA.
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TOKYO, May 1- Japan's Nikkei share average is expected to trade in a narrow range on Wednesday, not far its highest levels in almost five years, with some positive economic data from the United States lending support but a firmer yen capping the upside.
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TOKYO, May 1- Japan's Nikkei share average is expected to trade in a narrow range on Wednesday, not far its highest levels in almost five years, with some positive economic data from the United States lending support but a firmer yen capping the upside. was likely to trade between 13,750 and 13,950, while Nikkei futures in Chicago.
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*SoftBank Chief says no need to improve Sprint offer. *Son plans trip to woo long-term Sprint shareholders.
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SoftBank said there is no need to improve its $20.1 billion bid for 70 percent of U.S. wireless carrier Sprint Nextel, which has been challenged by Dish Network.
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TOKYO, April 30- SoftBank Corp President Masayoshi Son said on Tuesday that the company has heard from U.S. authorities that the approval process for its Sprint Nextel Corp deal is moving smoothly. Son has said the U.S. regulatory review of the deal was on schedule and reiterated that the offer was on track to close by July 1.
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TOKYO, April 30- SoftBank Corp President Masayoshi Son said on Tuesday that a counteroffer for U.S. wireless carrier Sprint Nextel Corp from Dish Network Corp.
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*Intel CEO backed SoftBank's bid for Sprint in letter to FCC. TOKYO, April 30- SoftBank Corp said there is no need to improve its $20.1 billion bid for 70 percent of U.S. wireless carrier Sprint Nextel Corp, which has been challenged by a counter-offer from Dish Network Corp.
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TOKYO, April 30- Japanese mobile operator SoftBank Corp said on Tuesday that there was no need to change the terms of its $20.1 billion offer for U.S. wireless carrier Sprint Nextel Corp, after Dish Network Corp. made a $25.5 billion counteroffer. SoftBank President Masayoshi Son also told reporters that a review by U.S. regulators of the deal was on schedule.
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*SoftBank to hold news conference at 0800 GMT on Sprint deal. *Intel CEO backed SoftBank's bid for Sprint in letter to FCC. TOKYO, April 30- Japan's SoftBank Corp will hold a news conference on Tuesday about its deal to acquire 70 percent of U.S. wireless carrier Sprint Nextel Corp as investors seek clues on whether it might trump a counteroffer from Dish Network Corp.
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TOKYO, April 30- Japan's SoftBank Corp said it will hold a news conference from 0800 GMT on Tuesday about the company's deal to acquire a 70 percent stake in Sprint Nextel Corp after U.S. satellite TV provider Dish Network Corp launched an opposing bid.
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April 29- Intel Corp Chief Executive Paul Otellini said in a letter to the Federal Communications Commission that he supports SoftBank's bid for Sprint Nextel Corp, rather than Dish Network's counter offer.
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April 29- Intel Corp Chief Executive Paul Otellini said in a letter to the Federal Communications Commission that he supports SoftBank's bid for Sprint Nextel Corp, rather than Dish Network's counter offer.
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April 29- Sprint Nextel Corp on Monday said its merger partner, SoftBank Corp, has waived some terms of their agreement so that Sprint can seek more information from rival suitor Dish Network Corp. The exchange of information between Sprint and Dish indicates the companies are in conversations about the satellite broadcaster's $25.5 billion takeover bid, even if Sprint for now is standing by its $20.1 billion pact with SoftBank.