OVERLAND PARK, Kan. (AP) — A month after being challenged by a rival to raise its bid for Sprint Nextel, Japan's Softbank did just that, by $1.5 billion.
That brings Softbank's total bid to $21.6 billion for the nation's third-largest carrier, which is still short of the $25.5 billion offered by the rival Dish Network in April.
8. New BlackBerry with keyboard to hit US stores - Friday, May 31, 2013
NEW YORK (AP) — The first keyboard-equipped BlackBerry sporting the company's radically new operating system is hitting U.S. stores this week.
T-Mobile USA will start selling the BlackBerry Q10 on Wednesday. Verizon Wireless started taking pre-orders last week and says it will ship by Thursday.
9. Big 4 cellphone carriers unite on anti-texting ads - Friday, May 10, 2013
NEW YORK (AP) — The country's four biggest cellphone companies are set to launch their first joint advertising campaign against texting while driving, uniting behind AT&T's "It Can Wait" slogan to blanket TV and radio this summer.
10. Softbank says its bid for Sprint Nextel superior - Friday, April 12, 2013
TOKYO (AP) — SoftBank Corp. says it believes its bid for U.S. wireless carrier Sprint Nextel is a better choice than the $25.5 billion counteroffer by Dish Network Corp.
11. Dish Network offering to buy Sprint in $25.5B deal - Friday, April 12, 2013
NEW YORK (AP) — Dish Network Corp. is trying to snag U.S. wireless carrier Sprint Nextel Corp. away from its Japanese suitor in recognition of the way satellite dishes are losing their relevance in the age of cellphones that play YouTube videos.
12. Stock market takes biggest drop this year - Friday, April 12, 2013
NEW YORK (AP) — A steep fall in commodity prices led the stock market to its worst day this year on Monday, as worries about the global economy resurfaced.
The Dow Jones industrial average dropped 265 points, its biggest loss in five months.
13. Samsung refreshes iPhone-challenging Galaxy line - Friday, March 15, 2013
NEW YORK (AP) — Samsung Electronics is ratcheting up its rivalry with Apple with its new Galaxy S 4 smartphone, which has a larger, sharper screen than its predecessor, the best-selling S III.
Samsung trumpeted the much-anticipated phone's arrival Thursday at an event accompanied by a live orchestra while an audience of thousands watched the theatrics unfold on a four-level stage at Radio City Music Hall. Summoning up a touch of Broadway, Samsung employed 17 actors to demonstrate the new phone's features in a series of scripted vignettes.
14. Stocks retreat as weak earnings provide no joy - Friday, February 1, 2013
NEW YORK (AP) — Stocks slumped on Wall Street Thursday, suggesting that the rally which has pushed indexes close to record levels may have run its course.
The Dow Jones industrial average fell 46 points to 13,942, having earlier slid as much as 134 points. The index has traded largely sideways this week, after logging its best January in almost two decades.
15. Stocks little changed on Wall Street; Apple slides - Friday, January 11, 2013
NEW YORK (AP) — Apple held down the Standard & Poor's 500, pushing it further below the five-year high it reached last week, after the technology giant's stock sank following a report that demand for the iPhone 5 may be weaker than expected. The Dow Jones industrial average edged higher.
16. Sprint ups offer to $2.2B for rest of Clearwire - Friday, December 14, 2012
OVERLAND PARK, Kan. (AP) — Sprint Nextel will buy out minority shareholders of Clearwire for $2.2 billion, a higher price than it previously said it would pay.
Sprint said Monday it will pay $2.97 per share for the approximately 50 percent stake in Clearwire stock it doesn't already own. The company had said Thursday it would offer $2.90 per share, which totaled $2.1 billion.
17. Stocks lower as investors watch Washington - Friday, December 7, 2012
NEW YORK (AP) — Stocks slipped Thursday on Wall Street after more signs of tension emerged from federal budget talks in Washington.
The Dow Jones industrial average was down 70 points at 13,174 just after 1 p.m. EST. The Standard & Poor's 500 index was down 10 points at 1,418. The Nasdaq composite index was down 24 points at 2,989.
18. Stocks head higher, despite Europe worries - Friday, October 5, 2012
NEW YORK (AP) — One piece of good news on jobs was enough Thursday on Wall Street.
The stock market popped higher after the Labor Department reported an encouraging decline in weekly claims for unemployment insurance. That one piece of good news was enough to help traders forget about a drumbeat of worrisome developments, like a widening U.S. trade deficit, higher unemployment in Greece and a ratings cut for Spain.'
19. Dow Jones average climbs after jobs report - Friday, September 28, 2012
NEW YORK (AP) — An encouraging report on the labor market and better sales from Costco and other retail stores helped push the stock market higher Thursday.
The government said that 367,000 Americans sought unemployment benefits for the first time last week. That's an increase from the previous week but fewer than economists had forecast.
20. Free Enterprise Award presented to Baker - Friday, September 28, 2012
J.B. Baker, chairman of the board for Volunteer Express Inc. and owner of Sprint Logistics, LLC and Baker South real estate development, has been awarded the Jennings A. Jones Champion of Free Enterprise Award by Middle Tennessee State University.
21. Stocks end lower ahead of Fed meeting - Friday, September 7, 2012
NEW YORK (AP) — Stocks slipped on Wall Street as troubling economic news from China and the U.S. outweighed optimism about more stimulus from the Federal Reserve.
The Dow Jones industrial average fell 52.35 points to close at 13,254.29 on Monday. The Standard & Poor's 500 slipped 8.84 points to 1,429.08 and the Nasdaq composite fell 32.40 points to 3,104.02.
22. Sprint loss widens, but revenue beats estimates - Friday, July 20, 2012
NEW YORK (AP) — Sprint Nextel's loss widened in the second quarter as the country's third-largest wireless carrier wrote down the value of its moribund Nextel network.
However, Sprint was successful in convincing subscribers leaving Nextel to sign up for service on the Sprint network, boosting subscriber figures and revenue, and its stock jumped 14 percent in premarket trading.
23. Stocks soar after ECB vows to protect the euro - Friday, July 20, 2012
NEW YORK (AP) — Stocks soared in the U.S. and Europe Thursday after the European Central Bank president vowed to "do whatever it takes" to keep the continent's monetary union intact.
The Dow Jones industrial average jumped 172 points, or 1 percent, to 12,848 as of 12:20 p.m., following European markets sharply higher. Benchmark stock indexes surged 6 percent in Spain and Italy and 4 percent in France.
24. Sprint to shut Nextel as early as June 2013 - Friday, May 25, 2012
NEW YORK (AP) — Sprint Nextel Corp. on Tuesday said it will shut down the Nextel network as early as June 30 next year, cutting off service for its characteristic walkie-talkie-like Nextel phones.
25. US stocks drift higher but can't match last week - Friday, March 16, 2012
NEW YORK (AP) — U.S. stocks drifted higher Monday but lost the momentum from their biggest week of the year. A dividend from Apple, a deal for UPS and the promise of greater demand for U.S. Steel drove those stocks to gains.
26. Close but not quite for the Dow in push for 13,000 - Friday, February 24, 2012
A burst of selling at the closing bell drove the Dow lower after it hovered around the milestone for most of the afternoon. The average finished the day about 19 points shy of the mark.
The Dow broke through 13,000 several times last week but hasn't closed above that level since May 19, 2008, four months before the fall of Lehman Brothers investment bank and the worst of the financial crisis.
27. S&P 500 index hits highest point since June 2008 - Friday, February 24, 2012
NEW YORK (AP) — A two-point gain was enough to push the S&P 500 index to its highest level since June 2008, three months before the collapse of Lehman Brothers and the darkest days of the financial crisis.
28. AT&T customers surprised by 'unlimited data' limit - Friday, February 10, 2012
NEW YORK (AP) — Mike Trang likes to use his iPhone 4 as a GPS device, helping him get around in his job. Now and then, his younger cousins get ahold of it, and play some YouTube videos and games.
But in the past few weeks, there has been none of that, because AT&T Inc. put a virtual wheel clamp on his phone. Web pages wouldn't load and maps wouldn't render. Forget about YouTube videos — Trang's data speeds were reduced to dial-up levels.
29. Stocks rally from early losses to close higher - Friday, February 3, 2012
NEW YORK (AP) — Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.
30. Stocks soar on Europe hopes, strong housing starts - Friday, December 16, 2011
NEW YORK (AP) — Encouraging signs out of Europe and a surprisingly strong report on the U.S. housing market drove the Dow Jones industrial average up more than 300 points Tuesday. It was the best day for stocks this month.
31. Cable companies to resell Verizon Wireless service - Friday, December 2, 2011
NEW YORK (AP) — Cable companies Comcast Corp., Time Warner Cable Inc. and Bright House Networks are giving up on their dreams of creating their own wireless network, opting instead to resell Verizon Wireless service.
32. AT&T, Telekom to press ahead with T-Mobile deal - Friday, November 25, 2011
Deutsche Telekom and AT&T vowed Thursday to press ahead with the planned sale of the German company's T-Mobile USA unit to the U.S. cell phone operator despite concerns raised by American authorities.
33. US stock futures rise on stronger earnings - Friday, October 21, 2011
NEW YORK (AP) — U.S. stock futures rose Wednesday after Boeing Co., Corning Inc. and other companies reported stronger earnings and ahead of a key meeting on Europe's debt crisis.
34. Apple unveils faster, more powerful iPhone - Friday, September 30, 2011
CUPERTINO, Calif. (AP) — Apple Inc. unveiled a new iPhone on Tuesday that is faster and more powerful but stops short of a more radical upgrade. It said Sprint customers will now be able to use one.
35. Sprint adds 1.1M subscribers, narrows 1Q loss - Friday, April 22, 2011
NEW YORK (AP) — Sprint Nextel Corp. on Thursday said it added more wireless subscribers in the first quarter than it has in five years, mainly on cheap service plans.