Yahoo! Finance News – Apple, Crude Oil Doubling, Telefonica SA, Bombardier, Sprint Nextel, Apple, Once Pandora’s Savior, May Become Its Destroyer
A few years ago Apple unwittingly helped save Pandora. Now, Apple has reportedly moved one step closer to unleashing a ‘Pandora killer’ — a streaming-music service that could trounce the industry leader, thanks to Apple’s marketplace might.
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Is Hindenburg Omen Just Hot Air?
Markets are trying to find their footing after a rough closing capped off an otherwise strong May. The choppy price action for both the Dow Jones Industrial Average and the S&P 500 is making the sidelines look appealing to those sitting on large gains for 2013. Adding to concerns was the triggering of the “Hindenburg Omen,” regarded as a precursor to market crashes by the more superstitious traders on Wall Street.
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Debt-ridden Telefonica mulls sale of O2 Ireland
The Financial Times reported that the Debt-laden Spanish telecoms company Telefonica SA is considering the sale of its O2 Ireland mobile operator after receiving interest from potential suitors
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Bombardier says CSeries jet on track for end-June debut
A senior Bombadier executive said that the Canadian aircraft manufacturer is confident it will be able to fly its new CSeries passenger jet by the end of June,
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ISS recommends vote for SoftBank’s Sprint bid
Proxy advisory firm Institutional Shareholder Services said that Sprint Nextel shareholders should vote for SoftBank Corp’s proposed .1 billion purchase of the No. 3 U.S. mobile provider, potentially dealing a blow to a .5 billion rival bid from Dish Network .
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