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Stock Market & Financial Investment News

News Breaks
February 7, 2013
08:48 EDTSSprint sees 2013 to be 'a major investment year'
Reports Q4 capital expenditures just over $1.9B, including about $1.3B of network vision capital. Says in the first two quarters of 2013 expects total capital expenditures to be at a "similar to slightly higher levels" compared to Q4. Says has started discussions with its banks to amend and extend the credit facility including for the Softbank transaction and expects the process to be completed in upcoming Q2. Says continues to expect free cash flow to be negative for the next several quarters. Free cash flow for Q4 was negative $1.3B, noting sequential decrease impacted by seasonally higher selling quarter and continued ramp of network vision project.
News For S From The Last 14 Days
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December 18, 2014
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10:28 EDTSVerizon drops after warning about promotional impact on profits
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December 8, 2014
14:56 EDTSMDC Partners climbs for third day after making announcement on CRM unit
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