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Stock Market & Financial Investment News

News Breaks
August 6, 2014
08:31 EDTSFTBF, SSprint names Marcelo Claure as president and CEO
Sprint Corporation (S) announced that its Board of Directors named Marcelo Claure as the company’s next President and CEO, effective August 11. Claure, 43, joined the Sprint Board of Directors in January and is the Founder and CEO of Brightstar Corp., a subsidiary of SoftBank Corp (SFTBF). As President and CEO, Claure’s first priority will be to continue the build out of Sprint’s network by leveraging its strong spectrum holdings as well as ensuring that Sprint always maintains truly competitive offers in the marketplace. Claure will resign his position at Brightstar effective August 11 and SoftBank announced it would acquire Claure’s remaining interest in the Company. Claure succeeds Dan Hesse, who joined Sprint as President and CEO in December 2007 and led the company through a series of acquisitions, including the merger with SoftBank, and a multi-year overhaul of its nationwide network, including the shutdown of the Nextel network.
News For S;SFTBF From The Last 14 Days
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March 2, 2015
13:05 EDTSGoogle confirms intent to launch U.S. wireless service, WSJ says
Speaking at an industry conference in Barcelona, Sundar Pichai, who oversees Google’s (GOOG) mobile operating system Android, said the search giant will launch a small scale U.S. wireless service with details to be unveiled in the months ahead, says the Wall Street Journal. Other companies in the space include Verizon (VZ), AT&T (T), Sprint (S) and T-Mobile (TMUS). Reference Link
March 1, 2015
17:44 EDTSSprint, Best Buy announce 'Best Buy One Plan'
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February 27, 2015
14:03 EDTSSprint CEO share purchase shows high commitment, says Wells Fargo
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13:08 EDTSSprint CEO discloses 5.08M share purchase
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February 24, 2015
06:35 EDTSSprint downgraded to Sell from Neutral at BTIG
February 19, 2015
10:57 EDTSSprint commences $1B senior notes offering
Sprint announced that it has commenced an underwritten public offering of $1B aggregate principal amount of notes. Sprint intends to use the net proceeds for "general corporate purposes, which may include, among other things, working capital requirements, retirement or service requirements of outstanding debt and network expansion and modernization." The joint book-running managers for the offering are Citigroup, Goldman Sachs, .J.P. Morgan Securities, Merrill Lynch, Barclays, Credit Agricole, Credit Suisse, Deutsche Bank, Mitsubishi UFJ, Mizuho, RBC Capital, Scotia Capital and SMBC Nikko Securities.
10:52 EDTSSprint files automatic mixed securities shelf
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