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Stock Market & Financial Investment News

News Breaks
December 16, 2013
06:14 EDTS, TMUSSprint can create value through T-Mobile merger, says Citigroup
Citigroup believes Sprint (S) can create "meaningful value" through a merger scenario with T-Mobile (TMUS), but cautions that regulatory hurdles won’t be easy to clear. Citi thinks a merger could value T-Mobile at $28-$36 per share and Sprint up to $10 per share. The firm raised its price target for Sprint shares to $8.50 from $7 and for T-Mobile to $28 from $26. Citi keeps Hold ratings on both stocks.
News For S;TMUS From The Last 14 Days
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April 23, 2014
12:51 EDTTMUSOn The Fly: Midday Wrap
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10:21 EDTS, TMUSAT&T slumps after failing to raise profit guidance
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April 22, 2014
10:02 EDTTMUS, SBofA/Merrill's telecom analysts hold an analyst/industry conference call
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07:16 EDTTMUSiPhone sales could be hurt by fading phone subsidies, WSJ reports
Sales of Apple's (AAPL) iPhones may be further pressured as carriers make faster progress in transitioning customers away from subsidies, the Wall Street Journal reports. U.S. wireless carriers like T-Mobile US (TMUS) and AT&T (T) have been having more success than expected in moving customers to non-subsidy plans, a transition that could harm sales of expensive handsets such as the iPhone. Reference Link
April 21, 2014
07:22 EDTS, TMUSPossible Sprint, T-Mobile merger could spark U.S. auction rethink, Reuters says
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April 14, 2014
09:10 EDTS, TMUST-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTS, TMUST-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
06:40 EDTTMUS, SNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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April 13, 2014
16:57 EDTSSprint and Spotify plan to team up, Re/code says
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