Sprint Nextel Corp

• Nikkei bounces as China central bank comments allay credit crunch fears

  The benchmark Nikkei was up 1.1 per cent at 13,111.24, while the broader Topix gained 0.8 per cent to 1,086.89.

• Nikkei closes at one-week high

  SoftBank, which is trying to buy Sprint, was the top-weighted gainer in the Nikkei, up 4.2 per cent after Dish said it would not make a new offer for Sprint.

• Wall Street drops as BoJ heightens stimulus worries

  Wall Street fell on Tuesday after Japan did not offer new measures to calm its bond market, disappointing US investors who are also trying to gauge the future direction of central bank policy at home.

• Wall Street flat after PMI data, on track for strong May

  Wall Street was little changed on Friday as stronger-than-expected data on manufacturing gave investors a reason to buy despite massive equity gains so far this year.

• Verizon looks to buy Vodafone's stake in joint venture for $100 billion

  Verizon, which already owns 55 per cent of the company, which is the biggest US wireless carrier, has not put a proposal to Vodafone yet but it has hired both banking and legal advisers for a possible bid, the sources said.

• Wall Street posts worst day since November 7 on gold's drop, Boston blasts

  US stocks posted their worst day since November 7 on Monday as big declines in the price of gold, oil and other commodities fed a broad selloff in equities.

• Dish tries to trump SoftBank with $25.5 billion Sprint bid

  Dish Network Corp, the No. 2 U.S. satellite television provider, offered to buy Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could thwart the proposed acquisition of Sprint by Japan's SoftBank Corp.

• Mobile revolution, economy trip up tech giants

  Consumers' waning love affair with the stalwart PC and infatuation with mobile has hit the earnings of tech giants.

• Sprint-Softbank deal big on size, small on change

  Softbank Corp's pricey $20 billion bid to buy control of No. 3 U.S. telecoms company Sprint Nextel Corp marks a bold move by billionaire CEO Masayoshi Son beyond his flagging home market. It's this year's biggest technology acquisition and the largest outbound deal in Japan's history. But game-changing, it is not.

• Softbank says to buy up to 70 per cent of Sprint for $20.1 bn

  Japanese mobile operator Softbank Corp said it will buy up to 70 percent in Sprint Nextel Corp, the third-largest U.S. carrier, for about $20.1 billion - the most a Japanese firm has spent on an overseas acquisition.

• Apple gets record 2 million iPhone5 orders in 24 hrs

  Apple said today that it received more than two million orders for its new iPhone 5 in 24 hours, and that many deliveries would be pushed back into October because of strong demand.

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  Obama campaign to start accepting text message donations

  President Obama's campaign is about to give small donors a new weapon by starting to accept text message donations for the first time in history.