Updated throughout the day on the 24/7 Wall St. Wire:

Softbank may buy 75% of Sprint Nextel Corp. (NYSE: S). (WSJ)

U.S. buyers may approach BAE Systems now that the EADS offer has been pulled. (Bloomberg)

The CEO of Siemens A.G. (NYSE: SI), Peter Loescher, plans to make cuts to save more than $5 billion. (Reuters)

Douglas A. McIntyre


Increase your money and finance knowledge from home

Investor’s Toolbox

Improve your investing savvy with the right financial toolset.

View Course »

What is Short Selling?

Make a profit when stocks prices fall.

View Course »