S - Sprint Corporation

NYSE - NYSE Delayed Price. Currency in USD
7.22
-0.12 (-1.63%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close7.34
Open7.19
Bid0.00 x 3000
Ask0.00 x 43500
Day's Range7.12 - 7.34
52 Week Range5.09 - 7.90
Volume50,830,524
Avg. Volume18,938,585
Market Cap29.445B
Beta (3Y Monthly)0.79
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 Est6.24
Trade prices are not sourced from all markets
  • ACCESSWIRE6 hours ago

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of EB, BA and S

    NEW YORK, NY / ACCESSWIRE / May 21, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...

  • ACCESSWIRE6 hours ago

    JUNE DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Sprint Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / May 21, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Sprint Corporation (''Sprint'' ...

  • American City Business Journals8 hours ago

    Analyst: 'T-Mobile will do whatever it takes' to get Sprint deal approved

    The DOJ wants to extract more concessions from T-Mobile, according to an industry analyst, and the company's leadership have personal incentives to make it happen.

  • Former Risk Arbitrageur to CEOs: Keep Your Friends Close and Your Arbs Closer
    CorpGov.com9 hours ago

    Former Risk Arbitrageur to CEOs: Keep Your Friends Close and Your Arbs Closer

    Edelman Senior Vice President Ira Gorsky From Anadarko’s sale to Occidental to T-Mobile’s purchase of Sprint to Bristol Myers Squibb’s acquisition of Celgene, big deals on Wall Street often put shares in the hands of an unfamiliar investor: the risk arbitrageur, or Arb. In the article below for CorpGov, Edelman Senior Vice President Ira Gorsky […]

  • ACCESSWIRE9 hours ago

    SHAREHOLDER ALERT: S MOMO CBL: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / May 21, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...

  • Motley Fool9 hours ago

    A Tale of 2 Acquisitions, With High Drama in Mergerland

    A key name gave his blessing to the T-Mobile/Sprint deal, while CBS announced a bid to scoop up a premium cable network.

  • T-Mobile and Sprint Appear to Secure Third FCC Vote, but Antitrust Concerns Linger
    Motley Fool10 hours ago

    T-Mobile and Sprint Appear to Secure Third FCC Vote, but Antitrust Concerns Linger

    The companies still expect the deal to secure federal regulatory approval within weeks.

  • ACCESSWIRE10 hours ago

    LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Sprint Corporation To Contact The Firm

    NEW YORK, NY / ACCESSWIRE / May 21, 2019 / Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Sprint Corporation ("Sprint" or the "Company") (NYSE:S) of the June 21, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Sprint stock or options between January 31, 2019 and April 16, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/S.

  • The Sprint Stock Rally Means Nothing With No T-Mobile Merger
    InvestorPlace11 hours ago

    The Sprint Stock Rally Means Nothing With No T-Mobile Merger

    Until FCC chair Ajit Pai spoke on May 20, Sprint (NYSE:S) stock had been stuck at $6 for over a year. That's because in April, 2018, T-Mobile (NASDAQ:TMUS) offered $6.62 per share to buy it. The all-stock deal was struck with T-Mobile at $64.52 per share. At the May 17 opening price of $75.38 for TMUS, the buyout is now worth $7.73 per share.Source: Shutterstock But none of that matters if the deal isn't done. Sprint was practically begging regulators to sign off on it in its latest quarterly report. On May 21 there are conflicting reports about the Department of Justice's attitude, some saying it's a yes, others a no.Pai's signal that he would support the merger S stock up more than 20% as trading opened yesterday, and it kept most of those gains, closing at $7.34. But T-Mobile also rose, so Sprint's value on May 21 is over $8 if the buyout goes through.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Sprint Without T-MobileSprint lost 189,000 postpaid subscribers during its most recent quarter, along with $2.17 billion, 53 cents per share. It's the kind of news most companies bury in a press release. Sprint highlighted it. * 7 Battery Stocks for High-Powered Gains Without T-Mobile, Sprint still generated $10.4 billion in operating cash flow during fiscal 2019, ending the year with over $7 billion in cash. Sprint also reduced its debt by $2 billion during the year, to $35.36 billion, against assets of $84.1 billion.The problem is that Sprint must invest heavily to justify its spectrum investment and prepare for 5G. The company spent nearly $5 billion on the network during the year, up from $3.3 billion, so total free cash flow for the year was negative $914 million.InvestorPlace's Chris Lau notes that this means the company's plan for installing smaller cells on phone poles instead of leased towers continues. Some 30,000 have been deployed so far, meaning 80% of its precious 2.5 MHz spectrum is now sectorized in this way.But most analysts are taking the company line that Sprint's prospects are grim unless the deal gets done. Comcast (NASDAQ:CMCSA), which has been selling WiFi-based mobile under its Xfinity brand, could step in, but probably at a lower price than T-Mobile is paying.Sprint made other mistakes during the last decade, going with WiMAX technology instead of LTE for 4G service, writing off $30 billion in shutting the old Nextel network, and sitting out the 600 MHz auction in 2016, leaving it without low-band spectrum.If the deal is cancelled, some see the stock going to $3. T-Mobile Without SprintWithout Sprint, T-Mobile still looks healthy. Its own quarterly report showed net additions of 1.7 million and net income of $908 million, $1.06 per share, on revenues of $11.08 billion. T-Mobile also cut its long-term debts during the year, from $12.1 to $10.95 billion, and reported positive free cash flow of $618 million.But many of T-Mobile's expansion plans have been frozen in place by the merger, whose deadline was extended again at the end of April. The Justice Department said only "the investigation continues" and merger opponents said the companies haven't shown it to be in the public interest.Odds that the deal goes through are now little more than 50-50 even though T-Mobile is already handing out big chunks of stock to executives in anticipation. Who Else?My guess is that, after a few drinks, you'll find AT&T (NYSE:T) and Verizon Communications (NYSE:VZ) lobbyists chortling over this. The failure of this merger to launch would leave them each holding one-third of the U.S. wireless market, a dominant position against two much-smaller rivals.On the other hand, if the deal is rejected a larger company, like Alphabet (NASDAQ:GOOGL) or Amazon (NASDAQ:AMZN), could decide Sprint is cheap at $12 billion, its market cap at $3 per share. That would make the phone giants choke on those chortles. Despite their size and financial strength compared with Sprint and T-Mobile, the phone giants are tiny next to the likes of FANG. * 7 Stocks to Buy for Over 20% Upside Potential But you can't invest in fantasy. I will stay away from Sprint until there's more clarity. The best news is clarity should come soon.Dana Blankenhorn http://www.danablankenhorn.com is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL and AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post The Sprint Stock Rally Means Nothing With No T-Mobile Merger appeared first on InvestorPlace.

  • Why the Outlook of AT&T Stock Just Became Brighter
    InvestorPlace11 hours ago

    Why the Outlook of AT&T Stock Just Became Brighter

    AT&T (NYSE:T) stock has struggled over the past several years as the telecommunications giant has been weighed down by a plethora of headwinds, including cord-cutting, wireless price competition, stagnating streaming growth, and a rising debt load.Source: Shutterstock T stock peaked near $45 in mid-2016. Ever since, AT&T stock has been down and out. Today, the shares trade hands at prices that are more than 25% below those peak 2016 levels. * 7 Stocks to Buy for Over 20% Upside Potential But T stock scored a huge win recently. The proposed merger between wireless peers T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S) looks like it will receive regulatory approval after FCC Chairman Ajit Pai told Bloomberg that, in light of their recent concessions, he is going to recommend that his colleagues approve the merger.That's a big win for T stock. Wireless price competition has been a huge headwind for AT&T stock, especially wireless price competition from T-Mobile and Sprint. Both of those companies have compensated for often worse coverage than AT&T and Verizon (NYSE:VZ) with aggressive price cutting. Now, those two aggressive price cutters are combining. That means the wireless telecom industry will have one less overly aggressive price cutter, indicating that price competition across the whole industry will decline.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs a result, the margins and stability of AT&T's core wireless business will improve. That's a big deal for T stock because the company's mobility business generated about 40% of its revenues last year. As the revenue and margin trends of that huge business rebound over the next several quarters, T stock should rally from today's depressed base. AT&T's Mobility Trends Should ImproveAT&T has always been a really large company with a lot of moving parts. After its recent acquisition of Time Warner, its business got even bigger, with even more moving parts. Among the company's businesses are wireline. entertainment. HBO, the Turner stations., Warner Bros studio and its international assets.But its most important holding is still its mobility business, which generates about $70 billion of revenue and about $30 billion of EBITDA each year. Mobility represents roughly 40% of AT&T's revenues and over 50% of its EBITDA. Thus, integral to the success of AT&T stock is the success of AT&T's mobility business.The mobility business has done just fine over the past several years, adding several thousand wireless subscribers each year and gradually expanding its EBITDA margins from the mid-30's earlier this decade to the lower-40's last year.But this business has been held back by stiff competition. Specifically, the price discounts of T-Mobile and Sprint have become tremendously aggressive over the past few years, inevitably creating somewhat of a drag on AT&T's subscriber growth and margins. That's because some of AT&T's customers are fleeing to Sprint and T-Mobile, while AT&T has tried to stymie that trend by cutting its prices.That era is officially over. T-Mobile and Sprint will likely become one combined company in the near future, meaning that there will be one less overly aggressive price cutter in the market. Thus, going forward, AT&T's mobility trends should improve. In other words, the business' EBITDA margins should move materially higher, driven by less steep discounting.As those margins improve, AT&T stock price should rally. AT&T Stock Is Too Cheap to IgnoreIn a nutshell, T stock is simply too cheap to ignore, and any and all operational improvements at these valuation levels should spark a sizable rally in AT&T stock price.Here are the valuation metrics of AT&T stock: * Forward price-earnings multiple of nine, miles below the market's average forward multiple of 16 and the stock's five-year average forward multiple of 12. * Dividend yield of 6.3%, miles above the market yield of roughly 2% and the stock's five-year average yield of 5.4%. * Trailing price-cash flow multiple below five, also well below the market's average cash flow multiple of 13 and the stock's five year average cash flow multiple of nearly 6.AT&T stock price is dirt cheap, with a single-digit forward earnings multiple, a 6% yield, and a cash flow yield above 20%. This stock is too cheap to ignore any operational improvements, especially any improvements by the all important mobility business. Thus, if AT&T's mobility business materially improves over the next few quarters, T stock should subsequently rise. The Bottom Line on T StockThe fundamentals underlying AT&T have been challenged by non-cyclical headwinds for the past several years, and as a result, T stock now trades at dirt-cheap valuation levels. Indeed, AT&T stock price is so cheap that any and all operational improvements by AT&T should spark a meaningful rally by T stock.Over the next few quarters and years, AT&T's most important business - its mobility unit - could substantially improve. As it does, T stock should rise. The increases of AT&T stock price, on top of a 6%-plus yield, should make the returns of T stock attractive over the course of the next few quarters.As of this writing, Luke Lango was long T, TMUS, and S. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post Why the Outlook of AT&T Stock Just Became Brighter appeared first on InvestorPlace.

  • Wall Street Weighs the Chances of Sprint Deal With FCC and DOJ at Odds
    Bloomberg12 hours ago

    Wall Street Weighs the Chances of Sprint Deal With FCC and DOJ at Odds

    As a presidential election draws near, a politically charged environment for a deal of this magnitude presents some concern for Raymond James analyst Ric Prentiss. Shares in T-Mobile and Sprint are are down 0.7% and 1.7%, respectively.

  • Tuesday’s Vital Data: Sprint, Alibaba and Apple
    InvestorPlace15 hours ago

    Tuesday’s Vital Data: Sprint, Alibaba and Apple

    U.S. stock futures are trading higher this morning.Ahead of the bell, futures on the Dow Jones Industrial Average are up 0.59%, and S&P 500 futures are higher by 0.57%. Nasdaq-100 futures have added 0.79%.In the options pits, call and put activity ended the day on equal footing, while overall volume fell to average levels. Specifically, about 16.2 million calls and 16 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe relative calm made an impact at the CBOE, where the single-session equity put/call volume ratio dropped to 0.65 -- a three-week low. Meanwhile, the 10-day moving average inched higher to 0.72.Options activity was hot in the following three stocks: Sprint (NYSE:S), Alibaba (NYSE:BABA) and Apple (NASDAQ:AAPL). Let's take a closer look: Sprint (S)Traders swarmed telecom stocks after the Federal Communications Chairman, Ajit Pai, said he's in favor of the $26.5 billion merger between Sprint and T-Mobile (NASDAQ:TMUS) that was announced in 2018. After a volatile intraday ride, S stock ended the day up 18.8%. TMUS gained 3.87%. Verizon (NYSE:VZ) and AT&T (NYSE:T) joined the rally, though their gains were pared significantly by the closing bell. * 7 ETFs for Healthy Healthcare REITs With the surge, Sprint now sits at an eighteen month high. Before the pop, the stock was stuck in a sloppy range. Time will tell if a bona fide trend emerges. Until then, I suggest patience for Monday's gap to be digested and a better pattern to emerge.On the options trading front, puts surprisingly ruled the roost. Activity rocketed to 622% of the average daily volume, with 185,578 total contracts traded; 75% of the trading came from put options alone.With the resolution of the proposed merger now seemingly priced in, implied volatility dropped on the session to 93%. That places it at the 51st percentile of its one-year range. Premiums are pricing in daily moves of 43 cents or 6%. Alibaba (BABA)Trade war jitters already had Alibaba shares on the ropes, but a nasty earnings report from Chinese internet giant, Baidu (NASDAQ:BIDU) delivered the knockout blow. The losses in BABA stock since peaking last month have now grown to 18%, placing the company's shares a stone's throw from bear market territory.Yesterday's 5.3% drubbing was enough to push the stock back below its 200-day moving average for the first time since February. With it now pushing into oversold territory, a rebound may be in the cards, but it has high odds of failing. If anything a pop back toward $170 or $175 should be eyed as a potential shorting opportunity.As far as options trading goes, calls won the day by a slim margin. Total activity grew to 191% of the average daily volume, with 383,956 contracts traded. Calls accounted for 54% of the tally.The increased demand drove implied volatility higher on the day to 35% placing it at the 28th percentile of its one-year range. Premiums are now baking in daily moves of $3.56 or 2.2%. Apple (AAPL)Apple is another victim of the latest round of tariff-induced trauma. In a client note, Credit Suisse highlighted the threat that further deterioration in the trade war poses to Apple earnings for 2019. With Greater China contributing 20% to the company's 2018 revenue and operating profit, the health of its economy is of utmost importance to Apple earnings.The recent drop in AAPL stock has it trading below all major moving averages. Watch for a break back above $192.50 resistance to signal that the short-term downtrend is reversing and bears have officially been evicted from the premises.On the options trading front, traders favored puts over calls. Activity held steady at 100% of the average daily volume, with 582,288 total contracts traded. Puts claimed 51% of the day's take.Implied volatility lifted to 33% or the 51st percentile of its one-year range. The expected daily move now stands at $3.76 or 2.1%.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post Tuesday's Vital Data: Sprint, Alibaba and Apple appeared first on InvestorPlace.

  • Company News For May 21, 2019
    Zacks15 hours ago

    Company News For May 21, 2019

    Companies In The News Are: TMUS, S, LM, SATS, DISH, GOOGL

  • FCC Supports Telecom Consolidation: Winners and Losers
    Zacks16 hours ago

    FCC Supports Telecom Consolidation: Winners and Losers

    The restructured FCC under Trump's presidency has given enough indications of its leniency compared with the Obama administration.

  • The Zacks Analyst Blog Highlights: T-Mobile US, Sprint, Verizon Communications and AT&T
    Zacks17 hours ago

    The Zacks Analyst Blog Highlights: T-Mobile US, Sprint, Verizon Communications and AT&T

    The Zacks Analyst Blog Highlights: T-Mobile US, Sprint, Verizon Communications and AT&T

  • 5G Making Verizon Stock Both an Income and a Growth Play
    InvestorPlace20 hours ago

    5G Making Verizon Stock Both an Income and a Growth Play

    Verizon (NYSE:VZ) has played an essential role in communications for decades. From landlines and wireless to internet and television, Verizon and its predecessors have served generations of Americans. This has also made VZ stock a conservative, stable investment.Source: Mike Mozart Via FlickrHowever, the rise of 5G promises to again change the company's role in American life. Due to a deeper reach into machinery and electronic components, the economy will depend even more heavily on wireless. With its massive 5G investment, VZ stock will transition to both an income and a growth stock as the company and its two largest peers solidify their oligopoly status. Verizon vs. AT&TAs I stated in a previous article, Verizon, along with AT&T (NYSE:T) and T-Mobile (NASDAQ:TMUS) will become "the wireless Big Three." This will occur once two things happen:InvestorPlace - Stock Market News, Stock Advice & Trading Tips1) Sprint (NYSE:S) will leave the scene either by takeover or decline. 2) The launch of 5G will make wireless more essential than ever to the U.S. economy.Admittedly, in the past, I have stated my preference for AT&T. The current dividend yield of about 6.6%, and the fact that T-Mobile does not pay a dividend primarily explain why. However, AT&T has also chosen to enter the content race. * 7 Stocks to Buy for Over 20% Upside Potential This has left that company more heavily in debt and, hence, riskier. Verizon currently holds around $113 billion in debt, much lower than AT&T's debt of approximately $176.5 billion. Moreover, with declining revenues in pay-TV and the current spending by the likes of Netflix (NASDAQ:NFLX) and Disney (NYSE:DIS) on content, AT&T's gamble could easily fail.For investors who want both a dividend and something closer to a pure-play on 5G wireless, I see VZ stock as the choice. Verizon has made some comparatively modest investments in content. Verizon Media includes sites such as AOL, Yahoo, MapQuest and Tumblr. However, that pales in comparison to AT&T's stake in Time Warner and DirecTV. With a $4.6 billion write-down of some of these media assets, Verizon has become primarily focused on its 5G future. VZ Stock Focuses Mainly on Dividend InvestorsThe dividend yield exceeding 4.1% offers a lot to income-oriented investors. Not only does the payout stand at more than double the S&P 500 average, but it also increases yearly. Verizon has raised this payout every year for the last 12 years. Even before 2007, the dividend generally trended upward, albeit more slowly.In the past, VZ stock has typically not attracted investors focused on growth. Looking at current figures, one can understand why. Analysts expect profit growth of only 0.8% this year and 2.1% in 2020. Even at a modest forward price-to-earnings (PE) ratio of 12, buyers will not flock to VZ for that reason alone. 5G Will Turn VZ Into an Income and Growth PlayHowever, I agree with my colleague Luke Lango that 5G will change those growth numbers and that perception. 5G will power more than just laptops and mobile devices. Thanks to 5G, artificial intelligence (AI) and Internet of Things (IoT) technology will power more electronic devices, as well as cloud and data center services.As a result, 5G will increase the importance of wireless in people's lives. Smart appliances, self-driving cars, and numerous other electronic components will soon depend on 5G. This fact may have helped the VZ stock price rise above $58 per share in recent months.I refer to Verizon as part of the "Wireless Big Three" because only three companies can offer this essential service. Like the "Big Three" of the previous century, they will enjoy tremendous market power as part of this oligopoly. I think this will drive not only higher profit margins, but also multiple expansion for VZ stock. Also, with the tens of billions it costs to build a 5G network, I do not foresee any new market entrants. In the end, Verizon stock will further prosper because it helps make the future possible. The Bottom Line on VZ StockVZ stock will become one of the more significant income and growth stocks due to a solidifying wireless oligopoly. At a yield exceeding 4.1%, Verizon stock has already become one of the more attractive income plays. Its stable cash flows and its role in communications have bolstered that role for decades. Now the rise of 5G will expand the significance of that capacity exponentially.For investors who do not mind the risks associated with a large investment in content, I would probably choose AT&T. However, for those who feel more comfortable with the almost single-minded focus on 5G, I think VZ stock will serve income, and ultimately, growth investors well. * 7 High-Yield REITs to Buy (Even When the Market Tanks) Look for 5G to make the coming wireless oligopoly considerably more essential and, by extension, more profitable for holders of Verizon stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post 5G Making Verizon Stock Both an Income and a Growth Play appeared first on InvestorPlace.

  • Reuters22 hours ago

    Nikkei dips as Huawei fallout hits suppliers; Softbank soars

    Japan's Nikkei slipped on Tuesday as Washington's blacklisting of Huawei took a heavy toll on suppliers to the Chinese telecoms equipment maker, but the downside was limited after the United States temporarily ...

  • Reuters23 hours ago

    PRESS DIGEST-New York Times business news - May 21

    The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - The New York attorney general's office said Monday ...

  • Reutersyesterday

    T-Mobile's deal for Sprint gets big boost from FCC commission

    T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp appeared to win the support of a majority of the Federal Communications Commission on Monday, in a significant step toward the deal's approval. FCC Chairman Ajit Pai, a Republican, came out in favour of the combination after the companies offered concessions, including selling Sprint's Boost Mobile prepaid cell service, as did FCC Commissioner Brendan Carr, a Republican. The five-member panel's third Republican, Mike O'Rielly, said he was "inclined to support" the proposed merger, even if he was not convinced of the need for all of the conditions announced by Pai.

  • T-Mobile Under Pressure to Sweeten Sprint Package for DOJ Nod
    Bloombergyesterday

    T-Mobile Under Pressure to Sweeten Sprint Package for DOJ Nod

    The wireless carriers could try to sell additional assets to resolve the department’s concerns that the deal would harm competition. The question is whether there’s anything the companies can propose, like selling airwaves or another business unit, that will sway the department’s antitrust boss, Makan Delrahim. “I don’t see how any concessions short of somehow helping to set up a new fourth competitor could make this deal palatable to DOJ,” said Gigi Sohn, an opponent of the merger and a former aide to a Democratic chairman of the Federal Communications Commission.

  • Chevron, Sprint,  Ocular Therapeutix, and More: Why These Stocks Are in the Spotlight
    Insider Monkeyyesterday

    Chevron, Sprint, Ocular Therapeutix, and More: Why These Stocks Are in the Spotlight

    All eyes are on the tech sector after President Trump escalated the trade war with China by putting Chinese crown jewel Huawei on a blacklist. Predictably, many tech names fell hard on the day and the market sold off. There is nevertheless other news besides the tariff battle, and we're here to cover it. Let's […]

  • Reutersyesterday

    Nikkei falls as electric component makers hit by Huawei fallout

    Japan's Nikkei slipped on Tuesday as Washington's blacklisting of Huawei Technologies Co Ltd took a heavy toll on suppliers to the Chinese telecoms equipment maker. The Nikkei fell 0.4% to 21,218.62 at ...

  • ACCESSWIREyesterday

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of S, JMIA and MOMO

    NEW YORK, NY / ACCESSWIRE / May 20, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...

  • GlobeNewswireyesterday

    Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sprint Corporation

    Law Offices of Howard G. Smith reminds investors of the upcoming June 21, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Sprint Corporation  (“Sprint” or the “Company”) (NYSE: S) securities between January 31, 2019 and April 16, 2019, inclusive (the “Class Period”). Investors suffering losses on their Sprint investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.