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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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August 3, 2015
17:06 EDTSSprint announces management changes, names Tarek Robbiati CFO
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July 31, 2015
06:50 EDTSComcast, Verizon differ over terms of wireless network deal, WSJ says
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July 30, 2015
06:30 EDTSSoftBank's Arora: Still committed to turning Sprint around, WSJ reports
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July 29, 2015
11:06 EDTSSprint introduces Family Share Pack plan
With more data than T-Mobile (TMUS), and with significant savings over Verizon (VZ) and AT&T (T), Sprint (S) introduces the new Sprint Family Share Pack. Families switching to Sprint get four lines, unlimited talk, text and 10GB of high-speed data while on the Sprint network for $100/month starting July 31. Sprint says its new plan will save families $480/year over Verizon and $720/year over AT&T for virtually the same 10GB of data. Sprint says that 10GB is more than double the high-speed data in T-Mobile’s family plan.
July 23, 2015
07:22 EDTSSprint price target lowered to $3 from $4 at Jefferies
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