Sprint Nextel agrees to buy affiliate iPCS for $831 million in cash and assumed debt, ending a long history of legal conflict between the two wireless carriers. The deal carries a 34% buyout premium.
U.S. stock futures rise on Monday as a busy week of earnings reports kick off and as Federal Reserve Chairman Ben Bernanke hints that China should ramp up its spending.
U.S. stock futures rose on Monday at the start of a busy week for earnings reports and as Federal Reserve Chairman Ben Bernanke hinted that China should ramp up its spending. See Indications.
Weatherford International Ltd.'s third-quarter net income falls 79% as the Geneva-based oilfield-service company’s business contracts in North America.
Hasbro, maker of Transformers action figures and Nerf toys, reported Monday that its third-quarter net income rose 9% from the year-ago period on declines in research and advertising spending.
Among the companies whose shares are expected to see active trade in Monday’s session are Allion, Apple, Eaton, Facet Biotech, Hasbro, InterDigital, Nokia, Pfizer, TI and Weatherford.