News Breaks |
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| October 4, 2012 |
| 06:14 EDT |  | S | Sprint downgraded to Underperform from Neutral at RW Baird
Baird downgraded Sprint to reflect long-term competitive concerns, a potentially stronger competitor in T-Mobile, balance sheet challenges, Clearwire funding issues, and stretched valuation. Price target is $3. |
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News For S From The Last 14 Days Check below for free stories on S the last two weeks. |
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| June 19, 2013 |
| 16:26 EDT |  | S | On The Fly: Closing Wrap
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| 12:09 EDT | | S | On The Fly: Midday Wrap
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| 12:06 EDT |  | S | Options with decreasing implied volatility: DISH VRTX SUPN S
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| 10:25 EDT |  | S | Sprint shares worth $7.51 under SoftBank deal, says Janco
Janco calculates that current Sprint shareholders will receive $7.51 per share upon the closing of the deal with SoftBank, which the firm expects to happen on Tuesday, June 25. The firm views upside to $7.51 from current levels as attractive and keeps a Buy rating on Sprint shares. |
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| 10:01 EDT | | S | On The Fly: Analyst Downgrade Summary
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| 09:24 EDT |  | S | On The Fly: Pre-market Movers
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| 08:44 EDT | | S | Sprint acquisition by SoftBank likely to be approved, says Wells Fargo
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| 08:05 EDT | | S | Sprint down 3% to $7.10 after DISH ends takeover pursuit
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| 07:59 EDT | | S | Sprint downgraded at Macquarie
As previously reported, Macquarie downgraded Sprint to Neutral from Outperform. The firm recommends taking profits and believes the company is entering a period of heavy investment. Price target is $8. |
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| 07:13 EDT |  | S | Telecom industry looks to grow through acquisition, Bloomberg reports
Global telecommunications companies are chasing after deals from Kansas to Munich in a quest for revenue growth that could lead to the biggest year for mergers in the industry since at least 2006, reports Bloomberg. Over $80B in telecommunications and cable transactions have already been announced or completed this year Reference Link |
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| 07:11 EDT | | S | Softbank moves closer to acquiring Sprint, Reuters reports
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| 06:26 EDT | | S | Sprint downgraded to Neutral from Outperform at Macquarie
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| 06:08 EDT | | S | On the Fly: Periodicals Wrap-Up
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| June 18, 2013 |
| 18:36 EDT | | S | DISH issues update on Sprint proposal
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| 11:30 EDT | | S | DISH issues statement on Sprint complaint
DISH Network (DISH) issued the following statement in response to Sprint Nextel's (S) June 17 allegations against DISH and Clearwire (CLWR): “Sprint’s lawsuit is a transparent attempt to divert attention from its failure to deal fairly with Clearwire’s shareholders, as well as to exploit its majority position to block Clearwire’s shareholders from receiving a fair price for their shares. DISH is confident that its superior offer, which has been unanimously recommended by the Clearwire Board, including the majority appointed by Sprint, will be upheld and Clearwire shareholders will be free to realize the 29 percent premium represented by the DISH offer.” |
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| 05:55 EDT | | S | Stocks with implied volatility movement; S KNDI
Stocks with implied volatility movement; Sprint (S), Kandi Technologies (KNDI) according to IVolatility. |
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| June 17, 2013 |
| 19:19 EDT | | S | Sprint files suit against DISH, Clearwire over tender offer
Sprint (S) announced that it has filed a complaint in the Delaware Court of Chancery against DISH Network (DISH) and Clearwire (CLWR) asking the court to prevent the consummation of the DISH tender offer for Clearwire. Sprint believes the transaction violates Delaware law and the rights of both Sprint and Clearwire’s other strategic investors under Clearwire’s charter and under the equity hHolders agreement. In addition to seeking to enjoin the tender offer, Sprint’s lawsuit seeks to rescind certain parts of the tender offer agreement and seeks declaratory, injunctive, compensatory and other relief. |
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| 11:18 EDT | | S | Samsung phone to transmit data at much faster speed, Reuters reports
Samsung intends to sell a version of its Galaxy S 4 smartphone that will transmit data at almost twice the speed of devices that use conventional LTE, the company's co-CEO said, according to Reuters. The company is in talks with a number of carriers about selling the new phone, the executive told Reuters. Reference Link |
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| June 14, 2013 |
| 10:31 EDT | | S | Sprint issues statement in response to White House broadband initiatives
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| 09:55 EDT | | S | T-Mobile confirmed by Softbank as 'Plan B' if Sprint bid fails, Bloomberg says
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