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Nikkei hits new 5-1/2-year high but pace of gains slow, Bernanke cues eyed
ReutersTOKYO (Reuters) - Japan's Nikkei share average edged up to a fresh 5-1/2-year high on Tuesday, reversing earlier losses, as retail investors scooped up underperforming stocks such as Sharp Corp and Tokyo Electric Power Co Inc . Trading was choppy, with...Tags: Mitsubishi Motors Corp., Sony Corp., Financial Markets, Money and Monetary Policy, Economy, Business and Finance
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Sprint receives SoftBank waiver to consider Dish offer
ReutersTOKYO (Reuters) - Sprint Nextel Corp said its Japanese suitor SoftBank Corp granted it a waiver allowing it to consider a $25.5 billion rival bid by Dish Network Corp, as pressure mounts on SoftBank to sweeten its offer for the No. 3 U.S. wireless...Tags: Royal Bank of Canada, Economy, Business and Finance, Shareholders, Barclays PLC, Tokyo (Japan)
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Sprint recibe dispensa de Softbank que permite discusiones con Dish
Reuters(Reuters) - El proveedor de servicios inalámbricos Sprint Nextel Corp recibió una dispensa de SoftBank Corp sobre varias provisiones de su acuerdo de fusión que le permite participar en discusiones con Dish Network Corp. El servicio de televisión...Tags: Royal Bank of Canada, Barclays PLC
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Japan's SoftBank to issue $3.9 bln bonds in June - filing
ReutersTOKYO, May 21 (Reuters) - Japan's SoftBank Corp will issue 400 billion yen ($3.9 billion) in retail bonds in June, the company said in a filing on Tuesday. Japanese mobile operator SoftBank launched a $20 billion bid for U.S. wireless service provider...Tags: Japan
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Sprint gets waiver from Softbank, permitting discussions with Dish
ReutersMay 20 (Reuters) - Sprint Nextel said it has received from SoftBank Corp a waiver of various provisions of their merger agreement, permitting it to engage in discussions with Dish Network Corp. The waiver will permit Sprint and its representatives to... -
Nikkei set to slip from 5-1/2-yr high on pause in yen weakness
ReutersTOKYO, May 21 (Reuters) - Japan's Nikkei share average is expected to pull back from a 5-1/2-year high on Tuesday as Wall Street ended flat and the dollar slipped against the yen on caution before U.S. Federal Reserve Chairman Ben Bernanke's testimony....Tags: Foreign Exchange Market, Thomson Corporation, Petroleum Industry, Central Bank, Federal Reserve
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Deals of the day -- mergers and acquisitions
ReutersMay 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to...Tags: Elan Corporation Plc, Goldman Sachs Group, Inc., AT&T Corp., Vodafone Group Plc, Rostelecom
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Softbank planning 400 bln yen bond sale - Nikkei
ReutersMay 21 (Reuters) - Softbank Corp is seeking to raise about 400 billion yen ($3.90 billion) through a sale of retail bonds to finance its bid for No.3 U.S. mobile phone carrier Sprint Nextel Corp, the Nikkei reported. The proceeds from the offering, which...Tags: Nomura Securities Company Limited, Economy, Business and Finance, Finance
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FCC nominee Wheeler will divest holdings if confirmed
ReutersWASHINGTON (Reuters) - Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed....Tags: China Mobile Limited, Time Warner Cable Inc., AT&T Corp., T-Mobile, Satellite and Cable Service
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U.S. FCC nominee Wheeler to divest telecoms holdings if confirmed
ReutersWASHINGTON, May 17 (Reuters) - Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is...Tags: China Mobile Limited, AT&T Corp., T-Mobile, Satellite and Cable Service, Time Warner Inc.
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PREVIEW-Clearwire investors aim to force Sprint to sweeten bid
Reuters* Clearwire shareholders to vote on Sprint buyout May 21 * Investors holding 31 pct of minority shares against deal * Sprint under pressure to raise bid By Sinead Carew NEW YORK, May 17 (Reuters) - Minority shareholders of Clearwire Corp are...Tags: Bright House Networks, AT&T Corp., Economy, Business and Finance, Politics, Shareholders
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Dish asks FCC to suspend review of SoftBank's Sprint bid
ReutersNEW YORK (Reuters) - Dish Network Corp asked U.S. regulators on Thursday to stop reviewing SoftBank Corp's proposed acquisition of Sprint Nextel Corp's , citing the Japanese company's reported attempt to thwart its bid for the U.S. wireless carrier....Tags: Washington, DC, Royal Bank of Canada, Economy, Business and Finance, Media Industry, Finance
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