Sprint, considering a bid for T-Mobile, is close to securing debt financing from a clutch of big banks, Dealreporter said.» Read More
Both the Dow and S&P closed in positive territory with optimism about potential M&A deals trumping concerns about trade friction between the United States and China.
One of these days it’s plausible to believe that the ailing wireless giant Sprint will be put out of its misery with the receipt of a viable takeover offer. But don’t count on that being anytime soon.
Anyone know why futures are weaker...anyone? Futures are weaker as President Obama's imposition of a 35 percent tariff on auto and light truck tires from China has traders worried about a potential trade war. China has responded by probing the alleged dumping of American auto and chicken products.
Investors were in a reflective mood Monday as the anniversary of the collapse of Wall Street titan Lehman Brothers brought back memories of the financial crisis and raised fresh doubts over the recovery.
If there were any doubts about where Google goes from here, and what Apple is trying to become, look no further than Eric Schmidt's resignation from Apple's board.
Stock futures slid deeper into the red Thursday after a report showed more jobs were lost last month than expected.
Sure, the economy is in recession and people are losing their jobs, but companies and the government are still hiring—big time, in some cases.
Stocks rallied on Thursday on hopes that the government's plan to shore up the financial system could quickly spark lending.
Sure, they’re pretty, shiny and cool. But smart phones have extra costs that aren’t always so obvious.
For the week ending Friday, September 26, 2008, the major U.S. Indices tumbled for the week as uncertainty lingered over the Congressional $700B bailout package. We also witnessed a historic bank failure, unsatisfying housing data, a continued rise in jobless claims, and a record one-day gain in the price of crude. The S&P 500 and NASDAQ Composite shed more than 3% for the week. The NASDAQ had the worst weekly performance amongst the three major indices, losing 3.98%, followed by S&P 500 which lost 3.3%, marking their biggest weekly drops since the start of Sept. for the NASDAQ & since mid May for the S&P.
T-Mobile plans to show off the first wireless phone powered by Google Inc.'s much-anticipated Android software system at a Sept. 23 news conference.
U.S. mobile phone companies have begun to see substantial returns from delivering data and not just voice, fueled by greater openness on their networks, industry leaders said on Wednesday.
Germany’s economy is the third largest in the world in terms of GDP, after the United States and Japan, with a $3.3 trillion GDP in 2007. Here are stats and stocks from Germany.
SK Telecom, the largest provider of wireless phone service in South Korea, is in talks to acquire Sprint Nextel, the troubled U.S. wireless carrier, according to people familiar with the talks.
The European telecom sector could be a good place for investors to park their cash, particularly Deutsche Telekom and UK's Vodafone, James Bevan, chief investment officer at CCLA Investment Management, said.
T-Mobile USA is suing Starbucks, saying the coffee shop chain secretly colluded with AT&T to offer free WiFi Internet access in its cafes despite an exclusive agreement with T-Mobile.
In spite of the built-in WiFi, the touch-screen that lets users manipulate data and an accelerometer that allows the on-screen image to rotate with the device, the reality is, without a network that allows users to fully realize its capabilities, the iPhone is only achieving a portion of its potential.
Syngenta, Monsanto and Bunge should be bought on any discount, Cramer says.
Deutsche Telekom looked set to complete plans to buy a stake worth nearly 3 billion euros ($4.6 billion) in Greece’s former phone monopoly.
For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08.