Sprint Nextel reports larger 1Q loss

Pepsi Bottling rejects PepsiCo acquisition offer

NY Times Co., Boston Globe talk past deadline

Fiat boss to discuss Opel bid in Germany

Oil hovers at $53 as traders eye possible recovery

China think tank: Economy to grow 7 percent in 2Q

EU says euro area to shrink by 4 percent this year

Wall Street looks to extend recent gains

• World stocks up amid further upbeat economic signs

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