The extra yield investors demanded to hold 10-year notes in the U.S. instead of Japan was within four basis points of the narrowest level in four months as the Asian nation’s economy expands faster than analysts expected.
Telus Corp.’s purchase of mobile- phone provider Mobilicity and the potential sale of another new entrant, Wind Mobile, is casting doubt on Canada’s ability to increase competition in the wireless market.
“Star Trek Into Darkness,” the second installment in director J.J. Abrams’s reboot of the science-fiction series, is forecast to take in $112 million in its debut, boosted by an early start in theaters this weekend.
The extra yield investors demand to hold 10-year notes in the U.S. instead of Japan was within one basis point of the narrowest level since January as the Asian nation’s economy expands faster than analyst expected.
WorleyParsons Ltd., Australia’s largest oil and gas engineering company, plunged the most in four and a half years after cutting its earnings forecast following lower resource spending in Australia and Canada.
Sprint Nextel Corp. is under increasing pressure to open up its books to Dish Network Corp., which is arranging the financing it would need to outbid SoftBank Corp. with a $25.5 billion takeover offer.