Fitch Downgrades Sprint Nextel to 'BB-'; Outlook Negative

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded the ratings for Sprint Nextel Corporation and its subsidiaries as follows: Sprint Nextel Corporation (Sprint Nextel) --Issuer Default Rating (IDR) to 'BB-' from 'BB'; --Senior Unsecured Credit Facility to 'BB-' from 'BB'; --Senior Unsecured Notes to 'BB-' from 'BB'. Sprint Capital Corporation --IDR to 'BB-' from 'BB'; --Senior Unsecured ...
Read More

PBSO: Man made threatening calls, sent letters to deputy's father-in-law

He told the father-in-law of a Palm Beach County Sheriff's Office detective responsible for arresting his son that he would make the detective's "death appear like an accident," a police report says.
Read More

Verizon needs Apple's iPhone badly, analyst says

Verizon Wireless smartphone retail sales data show that Verizon needs the Apple iPhone badly, according to a research note entitled Verizon Strikes Out in Smartphones by a financial analyst at Asymco.
Read More

Sony Ericsson PlayStation Phone on sale March 2011 tips insider

An inside source at Sony Ericsson has supposedly confirmed that their PlayStation Phone will be released in March 2011, having made its official debut the month previous at Mobile World Congress 2011. According to ITProPortal, the Android-powered gaming smartphone will apparently be branded the PlayStation Phone, rather than â€" as had previously been suggested â€" [...]
Read More