Movers: Sprint Nextel, Clearwire, Disney, Cisco Systems, ON Semiconductor

Wednesday's stocks in the news

Sprint Nextel (S) and Clearwire (CLWR) agree to combine their next-generation wireless broadband businesses to form a new wireless communications company. Intel (INTC), Google (GOOG), Comcast (CMCSA), Time Warner Cable (TWC) and Bright House Networks collectively agree to invest $3.2 billion in new company

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