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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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August 3, 2015
17:06 EDTSSprint announces management changes, names Tarek Robbiati CFO
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06:35 EDTSFTBFSoftbank invests $100M in OYO Rooms, TechCrunch reports
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August 2, 2015
16:52 EDTSFTBFAlibaba, others invest $500M in India's Amazon.com rival, Re/code says
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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 EDTS, SFTBFSoftBank'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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