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Stock Market & Financial Investment News

News Breaks
July 21, 2014
07:45 EDTSSprint consensus estimates 'overly optimistic,' says Jefferies
Jefferies thinks Sprint must spend aggressively to regain its position in the mobile phone market. The firm lowered its Q2 postpaid handset subscriber loss estimate to 879K from 831K to reflect the momentum seen by peers. It believes consensus estimates understate the level of investment Sprint needs, leading to "overly optimistic" 2015 EBITDA assumptions. Jefferies keeps an Underperform rating on Sprint with a $7 price target.
News For S From The Last 14 Days
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July 2, 2015
10:00 EDTSOn The Fly: Analyst Initiation Summary
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05:29 EDTSSprint announces retail agreement with Dixons Carphone
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July 1, 2015
17:19 EDTSSprint initiated with a Neutral at Buckingham
Target $5.
10:02 EDTSSprint says reaches 4,500 stores
Sprint (S) said that it is rapidly expanding its retail distribution with its “store-within-a-store” concept at co-branded RadioShack (RSHCQ) locations. General Wireless Operations announced today that it completed the purchase of the RadioShack brand, securing Sprint’s ability to quickly expand its presence and give consumers access to industry-first leasing plans and the latest devices. Sprint will have a presence in 1,435 Sprint-RadioShack stores by the first week of July. About 300 stores will be completely renovated to the new store-within-a-store model at that time, with the remainder scheduled to be completed by the end of the year. These stores will have new signage, new fixtures and a look-and-feel that is similar to other Sprint-owned stores. The addition of the Sprint-RadioShack stores expands Sprint’s total retail footprint to approximately 4,500 locations in the United States.
06:04 EDTSSprint says to end 'throttling' practice
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June 30, 2015
09:04 EDTSSprint confirms 'All-In' pricing plan
Sprint introduces its “All-In” pricing plan, underscoring the company’s commitment to making wireless simpler, clearer and more straightforward for consumers. With All-In Wireless, consumers pay $80 per month for a wireless device and unlimited talk, text and high-speed data – the two most significant components on any wireless bill. With All-In, consumers pay $20 per month to lease one of its most popular smartphones, and $60 per month for unlimited text, talk and high-speed data while on the Sprint network. Consumers pay $0 down and only a one-time, $36 activation fee.
06:58 EDTSSprint to roll out $80 a month 'All-in' plan, Reuters reports
Sprint (S) will today launch an $80 a month "All-in" cellular phone plan, Reuters reports. Chief Marketing Officer Kevin Crull says the plan will offer unlimited talk, text and data at $60, plus $20 to lease phones like the iPhone 6 (AAPL) and Samsung (SSNLF) Galaxy S6. Reference Link
June 29, 2015
09:04 EDTSSprint launching Direct 2 You service in New York, LA, San Francisco, Denver
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June 25, 2015
06:37 EDTSInternet Patents subsidiary awarded $30M in damages against Sprint Spectrum
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June 23, 2015
18:43 EDTSSprint CTO Stephen Bye to depart July 24, FierceWireless says
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