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Stock Market & Financial Investment News

News Breaks
May 16, 2014
14:31 EDTSSprint announces accounts receivables securitization agreement
Sprint announced that it and certain of its subsidiaries have entered into a facility agreement of up to $1.3B with The Bank of Tokyo-Mitsubishi UFJ, Ltd., as administrative agent, based on the securitization of its wireless service accounts receivable. Other banks involved in the facility are The Bank of Nova Scotia, Mizuho Bank, LTD., and Sumitomo Mitsui Banking Corporation. The new facility is expected to provide supplemental liquidity for general corporate purposes. The receivables are expected to be sold on a revolving basis throughout the term of the agreement beginning on May 16. The revolving period of the agreement is scheduled to end on May 16, 2016.
News For S From The Last 14 Days
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May 1, 2015
14:20 EDTSSprint volatility flat into Q3 and outlook
Sprint overall option implied volatility of 48 compares to its 26-week average of 50 according to Track Data, suggesting non-directional price movement into the expected release of Q3 results on May 5.
April 24, 2015
09:02 EDTSSprint volatility at low end of historic range into Q3
Sprint overall option implied volatility of 44 compares to its 26-week average of 50 according to Track Data, suggesting decreasing price movement into the expected release of Q3 results on May 5.
April 23, 2015
14:20 EDTSEarnings Watch: Google up close to 8.5% since last earnings report
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10:05 EDTSSprint introduces Command Center 2.0 for enterprises
Sprint (S) announced it has launched its next-generation Command Center 2.0, which provides a centralized management platform across multiple technologies and simplifies the job of device management, in more than 200 countries. Sprint said its parent company, Softbank (SFTBF), not only supports the Command Center 2.0ís global extension but is also working with Sprint to use certain components of Command Center 2.0 for their customers.
April 22, 2015
13:37 EDTSGoogle introduces Project Fi, to partner with Sprint, T-Mobile
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06:01 EDTSGoogle could launch wireless service today, WSJ reports
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April 21, 2015
07:36 EDTSU.S. mobile cariers could be pressured from new data plans, WSJ says
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