Industries News
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Dish Network Corp. won’t make a new offer for Sprint Nextel Corp. by the mobile-phone carrier’s deadline, leaving SoftBank Corp. as the main contender to acquire the wireless company.
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Adobe Systems Inc., the largest maker of graphic-design software, reported fiscal second-quarter profit that exceeded analysts’ estimates as subscribers signed up for cloud-computing services at a faster clip.
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West Texas Intermediate crude traded near the highest level in nine months after an industry report showed U.S. stockpiles dropped last week.
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Charter Hall Group, which owns and manages Australian commercial properties, said its unlisted office fund and two partners will buy an office building and mall in Perth for A$458 million ($434 million).
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