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Stock Market & Financial Investment News

News Breaks
January 6, 2014
09:54 EDTS, RKUSRuckus Wireless exec see partnership with Sprint growing, LightReading says
Sprint (S) previously announced a partnership with Ruckus Wireless (RKUS) in May for Smart WiFi products for enterprises, but Joe Hlavin, Ruckus' director of carrier sales, says Sprint has "grander plans coming out for how they want to bring a competitive differentiator service offering to the enterprise," according to an interview published Friday by the telecom industry blog LightReading. Reference Link
News For RKUS;S From The Last 14 Days
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August 4, 2015
18:34 EDTSSoftBank CEO says no plans to sell Sprint stake
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17:00 EDTSOn The Fly: Top stock stories for Tuesday
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09:16 EDTSOn The Fly: Pre-market Movers
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07:42 EDTSSprint does not expect to raise additional capital through public markets
Sprint (S) total liquidity was $6.6B at the end of the quarter and the company had an additional $1.3B of availability under vendor financing agreements that can be utilized toward the purchase of 2.5 GHz network equipment. Sprint said it has been working with Softbank (SFTBF) and other partners in setting up a leasing company that will finance its devices leased by customers on attractive terms. These arrangements are expected to be finalized in the coming months, and Softbank is expected to be a minority equity investor in the leasing company. With additional expected expense reductions, a capital efficient deployment of the network, and funding from the proposed leasing company, Sprint currently does not expect to raise additional capital through the public debt or equity markets in the foreseeable future, nor does it currently expect to sell spectrum.
07:38 EDTSSprint raises FY15 adjusted EBITDA view to $7.2B-$7.6B from $6.5B-$6.9B
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07:37 EDTSSprint reports Q1 Sprint platform net additions of 675,000
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07:35 EDTSSprint reports Q1 EPS (1c), consensus (8c)
Reports Q1 revenue $8.03B, consensus $8.33B. Reports Q2 adjusted EBITDA of $2.1B.
August 3, 2015
17:06 EDTSSprint announces management changes, names Tarek Robbiati CFO
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July 31, 2015
06:50 EDTSComcast, Verizon differ over terms of wireless network deal, WSJ says
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July 30, 2015
06:30 EDTSSoftBank's Arora: Still committed to turning Sprint around, WSJ reports
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July 29, 2015
19:32 EDTRKUSOn The Fly: After Hours Movers
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16:42 EDTRKUSRuckus Wireless sees Q3 EPS 10c-13c, consensus 12c
Sees Q3 revenue $94M-$99M, consensus $95.62M
16:41 EDTRKUSRuckus Wireless reports Q2 EPS 9c, consensus 9c
Reports Q2 revenue $92.2M, consensus $88.23M.
11:06 EDTSSprint introduces Family Share Pack plan
With more data than T-Mobile (TMUS), and with significant savings over Verizon (VZ) and AT&T (T), Sprint (S) introduces the new Sprint Family Share Pack. Families switching to Sprint get four lines, unlimited talk, text and 10GB of high-speed data while on the Sprint network for $100/month starting July 31. Sprint says its new plan will save families $480/year over Verizon and $720/year over AT&T for virtually the same 10GB of data. Sprint says that 10GB is more than double the high-speed data in T-Mobile’s family plan.
July 23, 2015
07:22 EDTSSprint price target lowered to $3 from $4 at Jefferies
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