|Day's Range||8.07 - 8.25|
|52 Week Range||3.46 - 9.65|
|PE Ratio (TTM)||-27.00|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Sprint Corp. is again positioning its phone leasing business as a promising play for its prepaid business. CEO Marcelo Claure said the program has "brought some economic gains" for Sprint (NYSE: S), as customers opt to upgrade their devices more often. Sprint launched its iPhone Forever program back in 2015 , allowing customers to lease Apple devices for an 18-month period, and upgrade about every year.
Sprint Corp. issued a response two days after a video was posted to Twitter of a woman verbally harassing another customer at a retail store in Manassas, Va. According to a Tuesday statement by CEO Marcelo Claure, the video shows the woman "insulted another customer by using profane, threatening and ugly language." In it, the woman claims the other customer, who identifies himself as Juan, is "disrespectful" for speaking in Spanish in the U.S. Claure initially tweeted a response to the video on Monday , stating: "This is totally unacceptable.
Westinghouse Electric Co told a U.S. court on Tuesday the nuclear power company had reached a deal to borrow $800 million after allaying creditors' concerns that the money would be flowing to non-bankrupt affiliates overseas. Westinghouse, a unit of Japan's Toshiba Corp, filed for bankruptcy in March following billions of dollars in cost overruns at two nuclear power plants it designed and is constructing in Georgia and South Carolina. An attorney for Westinghouse said in U.S. bankruptcy court in New York that cash from the loan would allow the company to complete its business plan by July 27 and move toward exiting bankruptcy.