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Stock Market & Financial Investment News

News Breaks
February 14, 2013
17:36 EDTRLGY, PXP, SPaulson reports new stakes in Sprint, Plains Exploration, Realogy
News For S;PXP;RLGY 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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10:00 EDTRLGYOn The Fly: Analyst Downgrade Summary
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07:12 EDTRLGYRealogy selloff Friday a buying opportunity, says William Blair
William Blair views Friday's post-earnings selloff in shares of Realogy as a buying opportunity. The firm remains confident in the progress of the housing market and believes the reaction on Friday was overdone. It keeps an Outperform rating on Realogy. Goldman Sachs downgraded the stock this morning to Neutral.
05:35 EDTRLGYRealogy downgraded to Neutral from Conviction Buy at Goldman
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July 31, 2015
07:36 EDTRLGYRealogy sees FY!5 adjusted EBITDA $810M-$840M
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07:36 EDTRLGYRealogy sees Q3 homesale transaction volume gains of 7%-10%
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07:35 EDTRLGYRealogy reports Q2 EPS 66c, consensus 69c
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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
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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