The provider of prepaid cellular service said Q4 EPS tumbled to 9 cents per share from 25 cents a year ago. Analysts were looking for 11 cents. MetroPCS (PCS) revenue climbed 4% to $1.28 bil, in line. Subscriber numbers on its older CDMA network tumbled, while it focused on expanding its newer high-speed wireless LTE service. MetroPCS is seeking regulatory and shareholder approval for a reverse merger with Deutsche Telekom (DTEGY) unit T-Mobile USA. Shares fell 1% to 9.6.
Stocks opened stronger on Tuesday after the S&P 500 hit yet another intraday record in the previous session, with …