French company has made a takeover bid. Is offering 15 billion in cash for a state in tmobile which would be financed with debt and equity. It has the support of leading International Banks for this purchase. The news sent shares of tmobile soaring and sprint plunging. Sprint have been pursuing a tmobile. F i spoke with the outspoken Ceo John Legere about sprints deal, listenore the iliad bid, closely to some clues he gives about tmobiles future. In q1 we announced contract earlym, the launch of termination fees and that caused an aggressive spike. Among other things we did today, we raised our guidance for subscribers for the year now saying we will be between 3 million and three point 5 million, evidence we fill our momentum will continue drug the throughout year the rest of the year. You are enabling more customers do have contracts, does that mean they are are buying less expensive phones . And are you selling more low animated low and middle tier phones . Carrierncarrier movement
Francisco. Shares of arii Asiana Airlines a skrugtruggle between the Muslim Brotherhood and the army intensifies. All right. Welcome to you. Start of a new trading week here on worldwide exchange. Just over an hour into the trading day, were certainly waited to the upside of nearly or more than 91 advancers out pacing decliners now. Gains toward the end of last week. The ftse last week up 2. 5 . Best week since january. Right now up with the best levels of the morning so far as well. Ftse up another 1 today helped no doubt by andy murrays historic win at wimbledon. First time in 77 years british male champ at wimbledon. Portugal, up nearly 2 as well on the bond markets. Still looking at the fallout, of course, from last weeks jobs report. Much stronger tenur eer 10year. Went up to 2. 75 on friday. Which is the highest since 2011. The spread the widest since 2006. A steeper yield curve normally is what you should get if you think the economy is going to be improving. Currently markets,
Ipo for jimmy chu trading marmally higher in london after pricing itself at the lower end of its range. Google misses the mark with earnings as advertising revenue slows. Shares are sent lower in frankfurt. Apples latest iphone goes on sale in china. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Its been a turn ewe leapt week in equity markets, but it looks like were going to end on a positive note. I dont want to tempt fate but nonetheless, for now, 1. 4 on the stoxx 600. Lets look at the individual markets. As you can see, its a bounceback across the board. With the more volume title markets doing better, up 3. 6 than the bigger cap markets like germany, up 1. 5 and the ftse 100 up 1 . And i describe it as a tempered bounceback, certainly not the extent to which weve seen declines of volatility in the week. Nonetheless, in the green on friday, hopefully ending the week on a positive note. Wednesday was the extraordinary day for the u.
And catering this countrys curvier consumers. Japanese fashion executives see a promising niche. Tokyo electric Power Company set a tentative deadline to have the process complete by march 2015. Engineers at the troubled facility will face major hurdles trying to meet that goal. Nhk world reports. Reporter abe on thursday took his second look at the Fukushima Daiichi plant. The visit was apparently in response to International Concerns of whether the situation at the site is really under control. Translator tepcos president said theyll complete the decontamination of radioactive water in fiscal 2014. Reporter tepco Officials Say some 440,000 tons of wastewater are present in the buildings basement. 15,000 tons or more has accumulated in underground tunnels. Workers store 400 more tons of radioactive water every day. The problem was caused by massive amounts of groundwater pouring into the damaged complex. Engineers had expected a water filtering facility called the advanced liquid proc
We talked to glu mobiles chief executive. Cleveland Officials Say that lebron james is going to have a half a billion dollar year affect on the local economy. All that and more over the next hour. Lets get headlines from carol massar. Live has agreed to delay its start in new york city. The car sharing business as it needs to dot the is and cross the ts. A judge did not issue an order prohibiting the company from starting up its service but it extended the status quo. Boeing is said to be nearing a deal for 9. 2 billion worth of plane orders. The company is poised to win two deals with companies. Ebay working the 1970s to get sought after collectibles and artwork available online. They will place some live offerings up for bid in april. Thank you very much, carol massar. Another headline involve the citigroup. The bank of paid 7 billion in fines. The News Conference in washington today, eric holder detail the reasons behind the 7 billion fine. They sold effective loans to countless inv