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Oct 4-* Spring to weigh counterbid for MetroPCS to top T-Mobile.
U.S. stocks rose for a fourth session on Thursday following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis and in support of the euro. **COLLABRX INC, $6.9, up 83.3 pct.
will start selling Nokia's Lumia smartphones in November, making it the first carrier to announce a partnership with the Finnish company on selling Lumia in the United States. Nokia announced earlier it would start selling the smartphones in Europe in November with specific price points.
U.S. stocks rose at the open after labor market data came in within expectations and following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis. **NUVASIVE INC, $14.9, down 34 pct.
*To add Nokia Lumia 920 and Nokia Lumia 820 to fall lineup.
U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. Brokerages Canaccord Genuity, Robert W. Baird& Co, Mizuho Securities USA, BMO Capital Markets and ThinkEquity Llc cut their price targets on the stock.
U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. **NUVASIVE INC, Wednesday close $22.62, down 29.3 pct premarket. **INFORMATICA CORP, Wednesday close $33.63, down 19.7 pct premarket.
*Desjardins cuts Thompson Creek Metals Company Inc to hold from buy;. price target to C $4.60 from C $5.75. Reuters Station users, click. 1568.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising between 0.2 and 0.5 percent. **NUVASIVE INC, Wednesday close $22.62, down 27.4 pct premarket.
*Canaccord Genuity cuts Thompson Creek Metals Company Inc target. price to C $5 from C $5.50; rating buy. Reuters Station users, click. 1568.
FRANKFURT/ NEW YORK, Oct 3- T-Mobile USA, which plans to merge with MetroPCS, will have to overcome technology hurdles to be able to take on bigger rivals Verizon Wireless, AT&T Inc and Sprint Nextel Corp.
Oct 3- Sprint bonds took a hit while MetroPCS saw its bonds jump this week, after the latter scooped up Deutsche Telekom's T Mobile USA unit in a potentially game-changing acquisition. Sprint's junk-rated 6.875% 2028 bonds plunged by as much as 1.5 points in dollar price to $90.5 immediately after news of the merger.
The boards of both companies voted on Wednesday to approve the deal, which will see Deutsche Telekom hold 74 percent and MetroPCS 26 percent in the combined entity.
TORONTO, Oct 3- Thompson Creek Metals Co Inc. The Denver- based miner said it is stopping stripping, the process of removing overlaying earth, at Phase 8 of its Thompson Creek mine to try to save $100 million in operating costs, plus up to $9 million in capital costs, between now and 2014..
FRANKFURT, Oct 3- Deutsche Telekom and MetroPCS said they will merge their U.S. mobile operations to create a larger fourth-place player better able to compete with rivals. The boards of both companies voted on Wednesday to approve the deal, which will see Deutsche Telekom hold 74 percent and MetroPCS 26 percent in the combined entity.
Oct 3- Thompson Creek Metals Company Inc:. *Says expects to save about $100 million in operating costs and $8- $9. *Its langeloth roasting facility in Pennsylvania to continue to treat material.
FRANKFURT, Oct 3- Deutsche Telekom and MetroPCS agreed to merge their operations in the United States, leading to an impairment charge of at least 7 billion euros for Telekom in a move that might allow the company to exit the U.S. wireless market.
FRANKFURT, Oct 3- The board of MetroPCS has approved a merger with Deutsche Telekom's T-Mobile USA unit, German newspaper Financial Times Deutschland said on Wednesday, citing unidentified people familiar with the process.
Oct 2- NextWave Wireless Inc.
is in talks to merge its T-Mobile USA unit with smaller rival MetroPCS, in a move that could pave the way for the German company to eventually exit the U.S. wireless market.