NEW YORK – Shares of Leap Wireless International rose 11 percent on Friday as investors bet that the company could be bought by No. 2 U.S. mobile provider AT&T Inc even as analysts…
Reuters: Global Markets
Archive for category Global Markets
Leap Wireless shares rise on talk of AT&T deal
Chesapeake wins breathing space with $3 billion loan
(Reuters) – Chesapeake Energy Corp said it had received a $ 3 billion loan from Goldman Sachs and Jeffries Group that will give it breathing room to sell assets and close a funding gap this year.
Reuters: Global Markets
Sony slides to three-decade low on strategy doubts
TOKYO – Shares in Sony Corp slumped more than 7 percent to near 32-year lows, as investors doubted the Japanese consumer electronics giant has a strategy to fix its loss-making TV business…
Reuters: Global Markets
JPMorgan has $2 billion trading loss, reputation hit
(Reuters) – JPMorgan Chase & Co said on Thursday that it suffered a $ 2 billion trading loss from a failed hedging strategy, a disclosure that hit financial stocks and the reputation of the bank and…
Reuters: Global Markets
Cisco shares drop on tech spending concerns
(Reuters) – Shares of Cisco Systems Inc fell 9 percent in premarket trading on Thursday, after the network equipment maker forecast weaker-than-expected quarterly results on growing worries about…
Reuters: Global Markets
Disney at life-high on profit rise, Avengers success
(Reuters) – Walt Disney Co’s shares rose to a life-high after the company reported a rise in quarterly profit despite its science fiction film John Carter bombing, and announced a sequel to its…
Reuters: Global Markets