NEW YORK -- Clearwire
Clearwire said the meeting would reconvene on June 13. Meanwhile, the company said it would talk to Dish about its offer.
Dish's offer on Wednesday valued Clearwire, the wireless company, at $6.9 billion. Sprint's bid of $3.40 a share is for the half of Clearwire it doesn't already own.
Procter & Gamble
Lafley came out of retirement last week to replace Robert McDonald as CEO. He isn't expected to stay for more than two or three years, and one of his top priorities is to prepare a lineup of P&G executives who could replace him, people close to the company told the newspaper.
For the first quarter of fiscal 2015, OmniVision said it expects earnings between 35 cents and 52 cents a share; it expects sales of between $355 million and $390 million. Analysts are looking for earnings of 28 cents a share on sales of $347.2 million.
Splunk predicted second-quarter operating margin of between negative 4% and negative 6%.
Hedge fund manager Daniel Loeb has proposed that Sony spin off up to 20% of its movie, TV and music division.
-- Written by Joseph Woelfel
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