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Tuesday, April 30, 2013

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04/30/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Japan's SoftBank says no need to improve Sprint offer
TOKYO (Reuters) - SoftBank Corp said there is no need to improve its $20.1 billion bid for 70 percent of U.S. wireless carrier Sprint Nextel Corp, which has been challenged by a counter-offer from Dish Network Corp.
Best Buy exits Europe with Carphone sale
NEW YORK/LONDON (Reuters) - U.S. retailer Best Buy Co Inc retreated from its ill-fated European expansion on Tuesday by selling its stake in a joint venture to Carphone Warehouse Group for less than half what it paid five years ago.
Telefonica sells Central American assets for $500 million
MADRID (Reuters) - Spain's Telefonica has signed a deal to sell 40 percent of its assets in four Central American countries to Corporacion Multi Inversiones (CMI) for $500 million, as part of its drive to cut debt.
Unilever offers $5.4 billion to raise stake in Indian unit
MUMBAI (Reuters) - Anglo-Dutch consumer goods giant Unilever Plc offered to pay as much as $5.4 billion to raise its stake in its Indian unit, banking on fast-growing spending power in Asia's third-largest economy.
Qiagen buys genetic data processor Ingenuity for $105 million
FRANKFURT (Reuters) - Genetic testing specialist Qiagen NV said it bought privately held U.S. software developer Ingenuity Systems Inc for $105 million to expand further into genetic sequencing technology.
Fujitsu in talks to sell car chip business to Spansion: sources
TOKYO (Reuters) - Japan's Fujitsu Ltd is in late-stage talks to sell its microcontroller chip business to Spansion Inc -- a deal that will broaden the U.S. semiconductor company product line-up so it can better cater to automotive clients, two sources familiar with the matter told Reuters on Tuesday.
Kung Fu Panda and Shrek debut in Macau with DreamWorks, Sands venture
HONG KONG (Reuters) - DreamWorks Animation SKG Inc, the movie studio famous for family films like "Madagascar" and "Shark Tale", has entered into a licensing agreement in Macau, the world's biggest gambling destination, in a push to diversify revenues.
Intel CEO backs SoftBank's bid for Sprint over Dish's offer
(Reuters) - Intel Corp Chief Executive Paul Otellini said in a letter to the Federal Communications Commission that he supports SoftBank's bid for Sprint Nextel Corp, rather than Dish Network's counter offer.
United Airlines orders 30 regional jets from Brazil's Embraer
SAO PAULO (Reuters) - Brazil's Embraer SA , the world's third-largest commercial planemaker, booked an order from United Airlines on Monday for 30 regional jets, the latest in a string of orders for smaller aircraft by major U.S. airlines.
Apple lays groundwork for first debt sale ever
LONDON, April 29 - Apple took initial steps Monday for what would be its first debt sale ever, as the U.S. computer giant lays the groundwork for what would be one of the most anticipated bond sales of the year.
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