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News Breaks
17:36 EDTLEAP
theflyonthewall.com: Leap Wireless files to sell 15.537M shares of common stock for holders
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News For LEAP From The Last 14 Days
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February 5, 2010
09:00 EDTLEAP
theflyonthewall.com: On The Fly: Analysts Downgrade Summary
MOST NOTEWORTHY: Exelon (EXC), Argon ST (STST) and Leap Wireless (LEAP) were today's noteworthy downgrades: Bernstein downgraded Exelon to Market Perform from Outperform citing margin and cash flow erosion. The firm cut its target to $45 from $55. Oppenheimer downgraded Argon ST to Perform from Outperform on valuation as it believes a take-out premium is already priced into the stock. JP Morgan downgraded Leap Wireless to Underweight from Neutral. The firm believes company sale would be challenging given its weakening fundamentals and valuation and has a $10 price target on shares...OTHER DOWNGRADES: Nordstrom (JWN) was downgraded to Neutral from Buy at Goldman. Phase Forward (PFWD) was downgraded to Hold from Buy at Needham. Meritage Homes (MTH) was downgraded to Hold from Buy at Citigroup. :theflyonthewall.com
07:59 EDTLEAP
theflyonthewall.com: Sprint Nextel should be viewed as potential acquirer, says Collins Stewart
Collins Stewart believes Sprint Nextel (S) should be viewed as a potential acquirer of Leap Wireless (LEAP) or MetroPCS (PCS) following reports that Leap is up for sale. The firm thinks a prepaid acquisition could improve the market for Sprint and keeps a Hold rating on the stock. :theflyonthewall.com
07:21 EDTLEAP
theflyonthewall.com: Leap Wireless downgraded to Underweight from Neutral at JP Morgan

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06:39 EDTLEAP
theflyonthewall.com: Leap Wireless downgraded to Underweight from Neutral at JP Morgan
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February 2, 2010
14:22 EDTLEAP
theflyonthewall.com: Leap Wireless potential sale may take longer than expected, reports Dealreporter

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07:19 EDTLEAP
theflyonthewall.com: Leap Wireless reiterated Hold at Deutsche Bank

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February 1, 2010
15:47 EDTLEAP
theflyonthewall.com: Leap Wireless options in a fast market on WSJ report

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15:45 EDTLEAP
theflyonthewall.com: Leap board forms special committee to evaluate options, WSJ reports
Leap (LEAP) advisers have sounded out carriers like Verizon (VZ) and AT&T (T), sources tell the Wall Street Journal. :theflyonthewall.com
15:43 EDTLEAP
theflyonthewall.com: Leap Wireless hires advisers to consider a sale, sources tell the WSJ

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January 29, 2010
11:05 EDTLEAP
theflyonthewall.com: Leap Wireless volatility flat on renewed takeover chatter

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10:55 EDTLEAP
theflyonthewall.com: Rumor: Leap Wireless moves up on renewed takeover chatter by MetroPCS
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January 27, 2010
15:35 EDTLEAP
theflyonthewall.com: Iridian Asset Management reports a 5% Passive stake in Leap Wireless

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