S - Sprint Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
7.36
+0.13 (+1.80%)
As of 11:40AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close7.23
Open7.27
Bid7.36 x 900
Ask7.37 x 800
Day's Range7.16 - 7.41
52 Week Range5.28 - 7.90
Volume6,717,699
Avg. Volume23,085,578
Market Cap30.108B
Beta (3Y Monthly)0.34
PE Ratio (TTM)N/A
EPS (TTM)-0.48
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2007-12-05
1y Target Est6.27
Trade prices are not sourced from all markets
  • Southwest boosts guidance, Dish close to major deal, CBS may get back together with Viacom: Companies to watch
    Yahoo Finance53 minutes ago

    Southwest boosts guidance, Dish close to major deal, CBS may get back together with Viacom: Companies to watch

    Southwest Airlines, Dish, CBS, PG&E and Tesla are the companies to watch.

  • GlobeNewswire2 hours ago

    CLASS ACTION UPDATE for BE, S, TUSK and ASNA: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. Class Period: on behalf of all persons who purchased or otherwise acquired Bloom Energy common stock pursuant or traceable to Bloom Energy’s July 2018 IPO.

  • SoftBank’s Founder Has Some Very Eye-Popping Predictions
    Bloomberg9 hours ago

    SoftBank’s Founder Has Some Very Eye-Popping Predictions

    (Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son is trying harder than ever to convince investors of the potential for his many technology investments.At a general shareholders’ meeting in Tokyo on Wednesday, Son shared some predictions that were eye-popping even by the standards of the outspoken Japanese billionaire. The value of SoftBank’s investment portfolio could grow 33-fold to 200 trillion yen ($1.8 trillion) in 20 years, he said. That’s an annual growth rate of 19%. The numbers were so outlandish that Son had to add a caveat.“Let me be clear that this is not a business plan,” he said. “It’s a tall tale.”The gathering was SoftBank’s 39th shareholders meeting, with about 2,000 investors present. Son’s remarks drew laughs and even feigned outrage from directors. Fast Retailing Co. CEO Tadashi Yanai, who sits on SoftBank’s board and is Japan’s richest man, urged shareholders to look out for Son “or he will go out of control.”The billionaire’s projections include investments by the Vision Fund. But even bullish analysts have much more modest projections for that portfolio. Chris Lane of Sanford C. Bernstein recently estimated the net present value of the current and future funds at $50 billion to $85 billion.Son then reminded shareholders how 15 years ago at the very same auditorium he presented another seemingly improbable target -- SoftBank with 1 to 2 trillion yen in profit. At the time, the company booked over 100 billion yen in losses. Annual net income has exceeded 1 trillion yen for the past three years.Over that period of time, Son has expanded into wireless operations with the acquisition of Vodafone Group Plc’s Japan unit, acquired Sprint Corp. in the U.S. and launched the $100 billion Vision Fund to transform SoftBank into a technology investment juggernaut. Still, the company trades at a deep discount to the worth of its holdings. The total value of the conglomerate’s publicly traded shareholdings is around 21 trillion yen, while SoftBank’s market cap is roughly 10.7 trillion yen. By the company’s own estimation, there is a discount of about 50%.Son’s message to investors is that when it comes to technology, he is ahead of the curve. He was early to recognize the value of e-commerce and invest in Alibaba Group Holding Ltd. SoftBank was also first to introduce Apple Inc.’s iPhone in Japan. Now Son believes the world is on the verge of another technological shift, driven by artificial intelligence that will transform every industry. He argues that the company’s portfolio of unicorns from Uber Technologies Inc. to WeWork Cos. positions SoftBank to reap the most benefits from that disruption.“I wish I had the money to make tons of investments at the start of the internet revolution. I could see it coming,” Son said. “We started the Vision Fund at the very beginning of the AI revolution.”At least a few of the investors present took him at his word.“Son may talk big, but just look at what he has actually accomplished,” said Yasuhiro Suzuki, a SoftBank shareholder of about 20 years. “I have been to many of these meetings, but today Son seemed especially in high spirits.”Key Insights:The Vision Fund is nearing the end of its investment cycle and SoftBank is in the process of raising a second one of equal size, Son said. The two funds will be successive. SoftBank is in talks with limited partners in the first fund to renew their investments.The company is increasing staff at the fund to 1,000 people, from 415 now.To contact the reporters on this story: Pavel Alpeyev in Tokyo at palpeyev@bloomberg.net;Takahiko Hyuga in Tokyo at thyuga@bloomberg.netTo contact the editors responsible for this story: Peter Elstrom at pelstrom@bloomberg.net, Edwin ChanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • T-Mobile Doesn't Need Sprint This Bad
    Bloomberg19 hours ago

    T-Mobile Doesn't Need Sprint This Bad

    (Bloomberg Opinion) -- T-Mobile US Inc. may have found a way to salvage its takeover of Sprint Corp., but it comes at a cost, and leaves one to wonder whether its single-minded focus on sealing the deal is clouding its judgment. It certainly wouldn’t be the first company to let that happen in M&A. T-Mobile is in talks to sell assets, including wireless spectrum and Sprint’s Boost Mobile prepaid brand, to satellite-TV provider and known spectrum-hoarder Dish Network Corp. for at least $6 billion, Bloomberg News reported Tuesday, citing people familiar with the matter. This is being done in an effort to appease the U.S. Department of Justice, which is concerned about the impact that T-Mobile’s $59 billion acquisition of Sprint will have on consumers’ wallets.The DOJ is said to want T-Mobile to lay the foundation for the emergence of a viable No. 4 competitor in the U.S. wireless market to help fill the hole that buying Sprint would leave behind. Dish could, in theory, be that new fourth competitor, and that’s likely the motivation behind the reported arrangement. But given the strategic needs of all involved, the logic of this workaround is puzzling. Let’s start with Dish. While it doesn’t have a wireless network, it already owns lots of mid-band spectrum licenses. These valuable assets have underpinned the company’s $18 billion market capitalization, even as its core satellite-TV business has lost droves of subscribers. Charlie Ergen, the billionaire chairman of Dish, has vaguely laid out plans for using the company’s spectrum to build a nationwide network to service the “internet of things,” ostensibly a step toward later launching a 5G network. Despite what he says, many investors and analysts have expected (or hoped) to see Ergen just sell the spectrum, rather than spending years entangled in a costly network build-out and as a latecomer to the 5G race at that. In any case, the last thing Dish would seem to need is more spectrum. Taking on Boost’s prepaid customers also wouldn’t seem to give Dish much of a leg up in the wireless space, and their bases don’t really overlap. What Dish does need is a partner with the ability to help build its network. If the Sprint deal were to collapse, T-Mobile could be said partner. (After all, Dish has been one of the biggest opponents of the T-Mobile-Sprint merger, at least until now it seems.) Or what about Amazon?A couple of years ago, Ergen reportedly discussed a partnership of sorts with Amazon.com Inc. – and that has to make T-Mobile a little nervous. It’s hard to see how buying Sprint and potentially providing an entry point for Amazon is a better outcome for T-Mobile than the status quo of competing with Sprint, a far weaker rival. Gaining Sprint’s spectrum is also one of the biggest reasons for doing the merger in the first place, so it’s surprising that T-Mobile is willing to divest some of it. And a forced seller isn’t known to get the best price. This is why I wrote last week that it wouldn’t be a surprise if at this point T-Mobile decided to walk away from the deal, on account of disagreeable concessions and a lawsuit by a group of state attorneys general seeking to block the transaction. It may not be a stretch to think that may have been part of the DOJ’s angle in pushing for such divestitures. But if the DOJ and T-Mobile can come to this simple of an agreement – sell spectrum and Boost – then I’m left with two questions: Were regulators really not taking a hard line? Or are executives at T-Mobile and its German parent company, Deutsche Telekom AG, so resolved to get the merger done that they’ll do it even if the merits are spoiled in the process? Craig Moffett, an analyst at MoffettNathanson LLC, put it this way in a note to clients on Monday: “At the end of the day, a bad deal is worse than no deal at all.” That’s true – unless you’re Sprint, in which case no deal is the worst outcome. But T-Mobile shouldn’t feel that same desperation.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering deals, Berkshire Hathaway Inc., media and telecommunications. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Court Sets Pretrial Hearing Date for T-Mobile–Sprint Merger
    Market Realist20 hours ago

    Court Sets Pretrial Hearing Date for T-Mobile–Sprint Merger

    On June 11, ten states filed an antitrust suit to block the proposed Sprint (S) and T-Mobile (TMUS) merger. The lawsuit alleges that the deal could harm competition and raise costs for consumers. It's believed that the US Department of Justice is nearing a final decision.

  • Reuters21 hours ago

    UPDATE 2-U.S. agency to vote on auctioning key unused parts of 2.5 GHz band for 5G

    The U.S. Federal Communications Commission will vote in July on whether to auction a key band of largely unused 2.5 GHz spectrum to help advance next-generation 5G wireless networks and scrap requirements that it be used for education, the agency said on Tuesday. The FCC in May 2018 voted to consider releasing additional key 2.5 GHz mid-band spectrum reserved in the 1960s for what is now known as the Educational Broadband Service. FCC Chairman Ajit Pai said in a statement the proposal would give existing users more flexibility in how they use the spectrum.

  • Reuters21 hours ago

    UPDATE 1-Dish Network nearing $6 bln deal for T-Mobile-Sprint assets - Bloomberg

    Satellite TV provider Dish Network Corp is in talks to buy the wireless assets of T-Mobile US Inc and Sprint Corp for at least $6 billion, Bloomberg reported on Tuesday, citing people familiar with the matter. Dish could announce a deal as soon as this week for assets including wireless spectrum and Sprint's Boost Mobile brand, the Bloomberg report https://bloom.bg/2XkyT8I said, adding that it hasn't been finalized and talks could still fall through. The U.S. Justice Department had wanted Sprint and T-Mobile to sell off additional assets including some wireless spectrum to create a new wireless competitor before agreeing to approve their $26.5 billion merger.

  • Dish Network nearing $6 billion deal for T-Mobile-Sprint assets - Bloomberg
    Reuters21 hours ago

    Dish Network nearing $6 billion deal for T-Mobile-Sprint assets - Bloomberg

    Dish could announce a deal as soon as this week for assets including wireless spectrum and Sprint's Boost Mobile brand, the Bloomberg report https://bloom.bg/2XkyT8I said, adding that it hasn't been finalized and talks could still fall through. The U.S. Justice Department had wanted Sprint and T-Mobile to sell off additional assets including some wireless spectrum to create a new wireless competitor before agreeing to approve their $26.5 billion merger.

  • ACCESSWIRE22 hours ago

    FINAL DEADLINE FRIDAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sprint Corporation and Encourages Investors with Losses to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / June 18, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sprint Corporation ("Sprint" or "the Company") (NYSE: S) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between January 31, 2019 and April 16, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before June 21, 2019.

  • Bloomberg22 hours ago

    Dish Is Near a $6 Billion Deal for T-Mobile, Sprint Assets

    (Bloomberg) -- Dish Network Corp. is in talks to pay at least $6 billion for assets that T-Mobile US Inc. and Sprint Corp. are unloading to win regulatory approval for their merger, according to people familiar with the matter.Dish could announce a deal as soon as this week for assets including wireless spectrum and Sprint’s Boost Mobile brand, said the people, who asked to not be identified because the matter isn’t public. The deal hasn’t been finalized and talks could still fall through, said the people.The potential divestitures are aimed at appeasing the Justice Department, which wants T-Mobile and Sprint to sell enough assets to ensure that the U.S. maintains at least four viable wireless players.Representative for Dish and the Justice Department declined to comment. Representatives for T-Mobile and Sprint didn’t respond to requests for comment.Dish rose 1.9% to $39.74 at 1:16 p.m. in New York trading, giving the Englewood, Colorado-based company a market value of about $18.6 billion. Sprint gained about 2.3% while T-Mobile rose 1.3%.T-Mobile agreed to buy Sprint in April 2018 for $26.5 billion, betting that together the carriers can build a next-generation wireless network to better compete with industry leaders Verizon Communications Inc. and AT&T Inc.Dish, co-founded by billionaire Charlie Ergen, had been on a shortlist of bidders for T-Mobile and Sprint assets favored by the Justice Department, people familiar with the matter said this month. Charter Communications Inc. and Altice USA Inc. were also on the list.T-Mobile and Sprint have already promised to sell Boost to get approval from the Federal Communications Commission. They also have to win over the Justice Department, which is concerned about the merger reducing the number of major U.S. wireless carriers to three.The companies are negotiating with the Justice Department after nine states and the District of Columbia sued to block the deal last week on antitrust grounds.(Updates companies’ share prices in fifth paragraph; adds background in seventh.)To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Scott Moritz in New York at smoritz6@bloomberg.net;Nabila Ahmed in New York at nahmed54@bloomberg.netTo contact the editors responsible for this story: Elizabeth Fournier at efournier5@bloomberg.net, ;Sara Forden at sforden@bloomberg.net, ;Nick Turner at nturner7@bloomberg.net, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Apple (AAPL) Likely to Launch 5G-Supported iPhones in 2020
    Zacksyesterday

    Apple (AAPL) Likely to Launch 5G-Supported iPhones in 2020

    Apple (AAPL) is expected to launch 5G-supported iPhones in 2020, much later than other prominent smartphone manufacturers like Samsung, LG, Huawei and Motorola.

  • GlobeNewswireyesterday

    SPRINT JUNE 21 DEADLINE: Zhang Investor Law Reminds Investors of Deadline in Securities Class Action Lawsuit Sprint Corporation – S

    Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Sprint Corporation (NYSE:S) from January 31, 2019 through April 16, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages Sprint investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than June 21, 2019.

  • Company News For Jun 18, 2019
    Zacksyesterday

    Company News For Jun 18, 2019

    Companies In The News Are: DISH,TMUS,S,ARRY,PFE,BID,BA

  • ‘A bad deal is worse than no deal at all,’ analyst says of Dish’s reported interest in Sprint assets
    MarketWatchyesterday

    ‘A bad deal is worse than no deal at all,’ analyst says of Dish’s reported interest in Sprint assets

    Dish Network Corp. shares are rising in Monday trading after the company was reported to be the leading bidder for the assets that Sprint Corp. and T-Mobile US Inc. would likely have to sell to score regulatory approval for their pending merger.

  • Market Exclusiveyesterday

    Market Morning: Trump Immigrant Roundup, Gold Threatens, Google Goes Pharma

    Trump Promises Mass Roundup of Millions of Undocumented Immigrants The low-end of the US economy could be on the verge of a serious conflagration. United States President Donald Trump has promised, via tweet as is his wont, that ICE agents will start “removing the millions of illegal aliens who have illicitly found their way into […]The post Market Morning: Trump Immigrant Roundup, Gold Threatens, Google Goes Pharma appeared first on Market Exclusive.

  • ACCESSWIRE2 days ago

    4-Day Deadline Alert: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sprint Corporation and Encourages Investors with Losses to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / June 17, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sprint Corporation ("Sprint" or "the Company") (NYSE: S) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between January 31, 2019 and April 16, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before June 21, 2019.

  • GlobeNewswire2 days ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sprint Corporation of Class Action Lawsuit and Upcoming Deadline – S

    If you are a shareholder who purchased Sprint securities during the class period, you have until June 21, 2019, to ask the Court to appoint you as Lead Plaintiff for the class.  A copy of the Complaint can be obtained at www.pomerantzlaw.com.  To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980.

  • Is AT&T Stock A Buy Right Now? Here's What Earnings, Chart Show
    Investor's Business Daily2 days ago

    Is AT&T Stock A Buy Right Now? Here's What Earnings, Chart Show

    AT&T; is upgrading its wireless network after buying Time Warner. AT&T; earnings are stalling and shares are far off highs. Is AT&T; stock a buy right now?

  • States to File Antitrust Suit to Block T-Mobile-Sprint Deal
    Bloomberg8 days ago

    States to File Antitrust Suit to Block T-Mobile-Sprint Deal

    (Bloomberg) -- A group of states sued to block T-Mobile US Inc.’s proposed takeover of Sprint Corp. on antitrust grounds, putting pressure on the Justice Department as it nears a final decision on the merger of the two wireless carriers.State attorneys general from nine states and the District of Columbia filed the lawsuit Tuesday in federal court in New York to stop a deal they say will harm competition and raise prices for consumers by at least $4.5 billion a year.“When it comes to corporate power, bigger isn’t always better,” New York Attorney General Letitia James said in a statement. “This is exactly the sort of consumer-harming, job-killing mega-merger our antitrust laws were designed to prevent.”The states’ challenge is a major setback to T-Mobile’s and Sprint’s plan to combine and take on industry leaders AT&T Inc. and Verizon Communications Inc. Last month, the carriers cleared a key hurdle when they won support for their deal from the chairman of the Federal Communications Commission.The all-Democratic attorneys general are taking the rare step of suing to block the $26.5 billion deal while the Justice Department is still reviewing the merger. State enforcers have the authority to go to court to block a merger even if federal officials at the Justice Department and the FCC approve it. Sprint shares dropped 6.4% at 12:15 p.m. in New York trading. T-Mobile fell 1.7%.The spread between T-Mobile’s offer price and Sprint shares is the widest since May 17. It’s a sign that investors are more doubtful that a deal will get done.Sprint and T-Mobile representatives didn’t immediately respond to a request for comment.The case, which was filed under seal, puts pressure on Makan Delrahim, the head of the Justice Department’s antitrust division. He can either side with the states, which say the merger should be blocked, or negotiate a remedy that would allow the deal to proceed. Delrahim doesn’t think a settlement with the FCC goes far enough to resolve competition problems from the deal and is in talks with the companies about additional concessions.What Bloomberg Intelligence Says:T-Mobile getting its proposed $27 billion acquisition of Sprint past regulatory hurdles is no done deal, though the companies have some defenses that stand a chance. The Department of Justice has expressed interest in the competitive potential of 5G technology and a strong competitor to AT&T and Verizon in that area. The outcome depends to a great extent on whether the evidence supports T-Mobile’s assertions about future market dynamics and 5G competition.\--Jennifer Rie, litigation analystClick here to view the pieceThe state attorneys general say that combining T-Mobile and Sprint would eliminate competition between them and lead to higher prices. And in a more consolidated market, AT&T and Verizon would also be able to charge more.“Although T-Mobile and Sprint may be promising faster, better, and cheaper service with this merger, the evidence weighs against it,” said California’s Attorney General Xavier Becerra. “This merger would hurt the most vulnerable Californians and result in a compressed market with fewer choices and higher prices.”In the retail mobile wireless market, not including enterprise accounts, T-Mobile and Sprint would lead AT&T and Verizon in market share, according to the states. In some areas of the country, their market share would be more than 50%, they said. Harm from the tie-up will disproportionately fall on lower-income consumers who are customers of Sprint and T-Mobile’s pre-paid brands, Boost and Metro, they say.Deal InvestigationAccording to people familiar with their thinking, state officials don’t know whether the Justice Department will ultimately approve the deal. They are taking action because after investigating the merger for about a year they determined it violated antitrust laws and they don’t see any reason to wait for the Justice Department to make a decision, the people said.The states’ investigation, led by the chief of New York’s antitrust bureau, Beau Buffier, relied on technical and economic experts, according to one of the people. Their economists are Carl Shapiro of the University of California at Berkeley and Yale University’s Fiona Scott Morton, the person said.The case comes more than a year after T-Mobile and Sprint announced the deal to combine, claiming together they could better compete with Verizon and AT&T while speeding deployment of the next generation of wireless technology known as 5G. Although a previous attempt to merge was frustrated by the Obama administration, T-Mobile and Sprint were betting on a more receptive audience from the Trump officials.The tie-up’s fate now rests with a federal judge, who must decide whether it should be blocked on antitrust grounds. The companies could still reach a settlement before the case goes to trial.If the carriers are stopped from completing the deal, they would be left to their own to compete in a maturing wireless market while financing expensive investments in developing their own 5G networks.‘Supercharge’ T-MobileSprint’s challenges are bigger. Despite becoming profitable last year after a decade of losses, it warned the FCC that without a deal it sees “no obvious path to solve key business challenges.”T-Mobile Chief Executive Office John Legere took the lead on Capitol Hill -- and on social media -- advocating for the deal. He said the transaction would “supercharge” his company, which he made a maverick competitor in the market. The centerpiece of his case was that combining with Sprint would help the U.S. lead in 5G technology, a priority for the Trump administration.That argument was dismissed by opponents of the deal, including consumer groups and the Communications Workers of America, which said the merger would reduce choice, lead to higher wireless bills and cause job losses.Getting a deal with T-Mobile was a long-held plan of Masayoshi Son, the chairman of SoftBank Group Corp., which owns Sprint. In 2014, he came to Washington vowing a price war if he was able to acquire T-Mobile and personally lobbied U.S. officials about a potential tie-up. If the deal goes through, T-Mobile owner Deutsche Telekom will end up with a 42% ownership stake while SoftBank will own 27%.(Updates with statement from James in third paragraph.)\--With assistance from Scott Moritz.To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Erik Larson in New York at elarson4@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Joe Schneider, David GlovinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Big Ticket Mergers Are in Focus
    Zacks2 days ago

    Big Ticket Mergers Are in Focus

    Big Ticket Mergers Are in Focus

  • "Merger Monday" Returns: Pfizer Buying Array, T-Mobile-Sprint on Ice?
    Zacks2 days ago

    "Merger Monday" Returns: Pfizer Buying Array, T-Mobile-Sprint on Ice?

    News on two major mergers in their respective industries are taking headlines, along with a fresh regional economic read.

  • ACCESSWIRE2 days ago

    S, BSX & INVVY - Bronstein, Gewirtz & Grossman, LLC Class Action Upcoming Deadline

    NEW YORK, NY / ACCESSWIRE / June 17, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review ...

  • GlobeNewswire2 days ago

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of S, EQBK, CLDR and PYX

    The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

  • MarketWatch2 days ago

    Dish's rumored interest in purchasing T-Mobile/Sprint assets isn't 'sensible for anyone involved,' says analyst

    MoffettNathanson analyst Craig Moffett questioned why T-Mobile US Inc. is "still trying so hard" to complete its pending deal for Sprint Corp. , following reports indicating that Dish Network Corp. is the leading bidder to buy assets that the wireless carriers would have to shed for merger approval. "What the deal really boiled down to was two things: spectrum and industry structure," Moffett wrote. "One might then reasonably ask: why would T-Mobile or Deutsche Telekom ever agree to a remedy that forfeits both benefits in order to get the deal done?" He argued that Dish, after hypothetically buying spectrum and the prepaid Boost Mobile business from Sprint, might partner with a company like Amazon.com Inc. to help build up its network. "We're not sure why that deal is sensible for anyone involved," Moffett wrote, given that Dish "already has more spectrum than they know what to do with" and wouldn't see much overlap between its rural satellite TV business and Boost's urban prepaid business. Boost would also face distribution issues. "At the end of the day, a bad deal is worse than no deal at all," Moffett wrote. "And, absent a deal, T-Mobile would seemingly be in a good position to poach an awful lot of Sprint's subscribers... without having to pay for them."

  • Why Dish Would Want to Buy Sprint, T-Mobile Assets
    Bloomberg19 hours ago

    Why Dish Would Want to Buy Sprint, T-Mobile Assets

    Jun.18 -- Dish Network Corp. is in talks to pay at least $6 billion for assets that T-Mobile US Inc. and Sprint Corp. are unloading to win regulatory approval for their merger, according to people familiar with the matter. Bloomberg's Nabila Ahmen has more on "Bloomberg Markets: The Close."