NEW YORK --
raised its buyout bid for
to $4.40 a share, valuing the wireless network operator at $6.9 billion, and topping a bid from
Dish's bid is 29% higher than Sprint's bid of $3.40 a share. Sprint owns a little more than 50% of Clearwire. Sprint raised its bid for Clearwire last week.
Clearwire's board had recommended that shareholders vote in favor of Sprint's bid before Dish's latest offer. Clearwire shareholders are meeting Friday to vote on the deal.
is buying Las Vegas utility
for $23.75 a share in cash for an enterprise value of about $10 billion.
Berkshire's Warren Buffet characterized the deal as a long-term bet on Nevada's recovering economy and an investment in NV Energy's strong management team.
MidAmerican Energy will pay a 23% premium for NV Energy over Wednesday's closing price of $19.28.
, the warehouse retailer, said Thursday it earned $459 million, or $1.04 a share, in its fiscal third quarter, up from year-earlier earnings of $386 million, or 88 cents a share.
Analysts were expecting Costco to post earnings of $1.03 a share.
Costco said net sales rose 8% to $23.55 billion and comparable-store sales for the quarter rose 5%.
said Wednesday it would be selling $1 billion worth of convertible notes, and subsequently using some of that money to add an additional $1 billion to its buyback program.
credit rating into junk status on Wednesday, citing lower aluminum prices.
Moody's said difficult industry trends and decreased aluminum prices will make it hard for the aluminum giant make its credit measurements investment-grade in 2013 or 2014.
, the maker of mining equipment, is forecast by Wall Street to report on Thursday second-quarter earnings of $1.57 a share on revenue of $1.28 billion.
-- Written by Joseph Woelfel
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