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  • July 16- The Detroit Institute of Arts said on Wednesday it has secured another $26.8 million in pledged donations to cover its portion of the "grand bargain" intended to help Detroit emerge from bankruptcy while sparing a sale of the museum's art works.

  • A Make-or-Break Week Ahead for the Stock Market Saturday, 20 Apr 2013 | 12:30 AM ET

    It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.

  • TOKYO, Oct 12- Japanese wireless service provider Softbank Corp is in talks with three major Japanese banks to borrow $23 billion to finance a bid for U.S. operator Sprint Nextel Corp, sources with direct knowledge of the matter told Reuters on Friday.

  • *Softbank shares down as much as 17 pct in Tokyo* Softbank and Sprint have confirmed in talks* Broker warns of "unacceptable" gearing levels.

  • German stocks - Factors to watch on Oct 12 Friday, 12 Oct 2012 | 1:18 AM ET

    Porsche indicated 0.6 pct lower, Volkswagen 0.1 pct lower. The holding company of German carmaker Porsche has received a fresh lawsuit from the family of a deceased industrialist, linked to its 2008 attempt to take over Volkswagen.

  • TOKYO, Oct 12- Japanese wireless service provider Softbank Corp is in talks with three major Japanese banks to borrow $23 billion to finance a bid for U.S. operator Sprint Nextel Corp, sources with direct knowledge of the matter told Reuters on Friday.

  • TOKYO, Oct 12- Japan's Softbank Corp said on Friday it is in talks with Sprint Nextel Corp about investing in the U.S. telecoms firm, but nothing has been decided.

  • *Deal could lead to Sprint buying Clearwire- analysts. *Sprint, Clearwire soar in afternoon trade; MetroPCS down. The Japanese company might also be aiming to use Sprint as a vehicle to make a run at smaller Sprint peer MetroPCS Communications Inc, a two-step transaction that would potentially cost more than 2 trillion yen, according to a Nikkei report.

  • NEW YORK, Oct 11- U.S. stocks ended little changed on Thursday as gains brought by a sign of improvement in the labor market were capped by a drop in Apple shares after a legal setback in a court ruling. The Nasdaq Composite Index was down 2.40 points, or 0.08 percent, at 3,049.38. ( (For multimedia versions of Reuters Top News: 3000 Xtra: visit BridgeStation: view story. 134==============================================================.

  • UPDATE 9-Sprint in talks on potential sale to Softbank Thursday, 11 Oct 2012 | 2:56 PM ET

    *Sprint, Clearwire soar in afternoon trade; MetroPCS flat. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.

  • *Apple shares fall 1.4 percent after setback in Samsung case. *Sprint volume surges, shares jump on Softbank deal reports. NEW YORK, Oct 11- U.S. stocks erased most gains and were little changed on Thursday as a drop in Apple shares after a legal ruling dented broad market gains on a sign of improvement in the jobs market.

  • *Sprint, Clearwire soar in afternoon trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp and U.S. operator Sprint Nextel Corp. are in talks about a deal that could see Softbank assume control of Sprint.

  • *Sprint volume surges, shares jump on Softbank deal reports. More than 320 million shares of Sprint Nextel changed hands in U.S. trading by 11:30 a.m. ET, making it the busiest day in the stock's history. Clearwire Corp, in which Sprint holds a majority interest, surged 38 percent to $1.79.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp is in talks to buy a majority stake in U.S. operator Sprint Nextel Corp for more than 1 trillion yen, according to a source with direct knowledge of the matter, adding yet another potential shake-up to the fast-changing U.S. wireless market.

  • BRIEF-Sprint confirms discussions with Softbank Thursday, 11 Oct 2012 | 11:18 AM ET

    Oct 11- Sprint Nextel Corp:. investment by Softbank in Sprint. *Source text: Sprint today confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp is in talks to buy a majority stake in U.S. operator Sprint Nextel Corp for more than 1 trillion yen, according to a source with direct knowledge of the matter, adding yet another potential shake-up to the fast-changing U.S. wireless market.

  • *Sprint jumps on reports of possible Softbank deal. NEW YORK, Oct 11- U.S. stocks advanced on Thursday after data showed initial jobless claims fell to the lowest level in more than four and a half years, suggesting improvement in a key factor for economic growth.

  • *Sprint jumps on reports of possible Softbank deal. NEW YORK, Oct 11- U.S. stocks were poised for a higher open on Thursday after data showed initial jobless claims fell to the lowest level in more than four and a half years.

  • Deutsche Bank audit committee head to leave in 2013 Thursday, 11 Oct 2012 | 9:20 AM ET

    FRANKFURT, Oct 11- Karl-Gerhard Eick, chairman of the audit committee at Deutsche Bank, said on Thursday he would not seek to extend his term as a member of the bank's supervisory board, which expires in May 2013. Eick's term as supervisory board member is set to expire at the bank's annual shareholders' meeting on May 23, 2013.