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NEW YORK -(Dow Jones)- Sprint Nextel Corp. (S) reported a widened fourth-quarter loss, due in part to the high cost of selling the Apple Inc. (AAPL) iPhone for the first time on its network.

CAPE TOWN -(Dow Jones)- Eurasian Natural Resources PLC (ENRC.LN) is developing a coal logistics corridor in northern Mozambique to ship coal from the coal-rich Tete Basin to the coast, to be completed by 2015, the company's general manager said Wednesday.

LONDON -(Dow Jones)- The U.K. military is buying an additional C-17 Globemaster transport aircraft, produced by Boeing Co. (BA), Prime Minister David Cameron said Wednesday.

MUMBAI (Dow Jones)--Tech Mahindra Ltd. (532755.BY) Wednesday said third-quarter net profit rose 7.4%, aided by a surge in gains from associate Satyam Computer Services Ltd. (500376.BY), even as a weak British pound and flat business volume weighed on the company.

McDonald's Corp.'s (MCD) global same-store sales jumped a bigger-than-expected 6.7% in January as the popularity of its beverage line-up continued.

CAPE TOWN -(Dow Jones)- The proposed combination of Glencore International PLC (GLEN.LN) and Xstrata PLC (XTA.LN) may create a company with enough financial muscle to go after globally diversified miner Anglo American PLC (AAL.LN), mining industry and financial executives said Wednesday.

LONDON -(Dow Jones)- The Czech Republic is planning a series of investor meetings next week, with a bond potentially materializing thereafter, one of the banks arranging the meetings said Wednesday.

TAIPEI (Dow Jones)--Lenovo Group Ltd (LNVGY) said Wednesday it is confident that its relationship with former Acer Inc. (ACEIY) Chief Executive Gianfranco Lanci meets all legal requirements, after the rival computer maker started legal action against Lanci for breaching a non-compete clause in a contract.

PARIS (Dow Jones) -- French waste and water utility Suez Environnement SA (SEV.FR) Wednesday said it expects a better revenue and earnings before interest, tax, depreciation and amortization, or Ebitda, in 2012 after it posted a 43% drop in its 2011 net profit, dented by the issues related to its Melbourne desalination contract, and by the deterioration of the macroeconomic environment.

SYDNEY -(Dow Jones)- Qantas Airways Ltd. (QAN.AU) said Wednesday it has taken one of its Airbus A380 superjumbos out of service after cracks were discovered in its wings.