Mergers and Acquisitions

Nokia Corp. appears to have turned around its fortunes after the sale of its ailing cellphone unit to Microsoft, reporting a third-quarter net profit of 747 million euros ($950 million), from a loss of 91 million euros a year earlier.

A blockbuster year for deal making: 2014 is on track to see the greatest volume of M&A transactions on record thanks to 7,823 year-to-date proposals.

Sprint is replacing its longtime CEO Dan Hesse with Brightstar CEO Marcelo Claure on the heels of a report that it is dropping its bid for rival wireless carrier T-Mobile.

SoftBank cleared a major hurdle in its attempt to buy the U.S. wireless provider after Dish Network declined to make a new bid. 

To help fight a counter bid from Dish, SoftBank agreed to raise its offer for Sprint Nextel to $21.6 billion.

The proxy advisory firm has recommended Sprint Nextel shareholders vote for SoftBank's increased offer.

The satellite TV provider increased its bid for mobile-broadband operator Clearwire, beating Sprint's latest offer by 29%. Clearwire then delayed its shareholder meeting until June 13.

The companies have reached an agreement with U.S. authorities on the national security aspects of the Japanese firm's pending $20.1 billion deal.

Eaton's first-quarter earnings rose 22% with the help of its Cooper Industries acquisition, but revenue growth fell short of Wall Street views as global demand continued to slow.

Verizon Communications Inc is exploring a sale of its enterprise assets which could be worth as much as $10 billion, according to people familiar with the matter, as the largest U.S. wireless carrier seeks to focus on its core business.

Time Warner Cable Inc's shareholders approved the company's $56 billion takeover by Charter Communications Inc, according to preliminary votes at a special shareholder meeting.

Telecom operators TeliaSonera and Telenor have abandoned a proposed merger of their Danish operations due to concerns by European Union regulators that it would stifle competition.

A consortium of German automakers Audi, BMW and Daimler are buying Nokia Corp.'s HERE map business to incorporate into automotive technology and eventually autonomous driving.

AT&T proposed $48.5 billion purchase of DirecTV cleared its final regulatory hurdle as the U.S. Federal Communications Commission voted on Thursday to approve the merger, according to people familiar with the votes.

Dish Networks and T-Mobile are in merger talks, according to a report from the Wall Street Journal. Analysts say the combination makes sense. 

Just over a month ago a proposed mega-merger between Comcast and Time Warner Cable that would have created a cable television behemoth was scuttled over concerns regulators would oppose the deal. Now Time Warner is poised to head back down the aisle.

Verizon Communications has entered an agreement to buy AOL in a $4.4 billion cash deal.  The New York-based companies will combine in an effort to build out a digital advertising business.

Analysts say Verizon's competitors are already making similar moves to diversify and boost their bottom lines and more acquisitions are certain to follow.  

Nokia says it is in advanced discussions to acquire the French telecommunications company Alcatel-Lucent.