Today’s Hot List : T-Mobile US (NYSE:TMUS), Frontier Communications (NASDAQ:FTR), Petroleo Brasileiro Petrobras (NYSE:PBR), Global Eagle (NASDAQ:ENT), Simulations (NASDAQ:SLP)

Sprint Corporation (NYSE:S) abandoned its bid to buy T-Mobile US Inc (NYSE:TMUS), citing regulatory hurdles, and will appoint Marcelo Claure its new CEO. The shares of S are pointed nearly 18% lower ahead of the bell, and majority owner SoftBank dropped 3.5% in Japan. T-Mobile US, Inc. (NYSE:TMUS) belongs to Technology sector. Its net profit margin is -0.80% and weekly performance is 0.39%. On last … Continue reading Today’s Hot List : T-Mobile US (NYSE:TMUS), Frontier Communications (NASDAQ:FTR), Petroleo Brasileiro Petrobras (NYSE:PBR), Global Eagle (NASDAQ:ENT), Simulations (NASDAQ:SLP)

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Market Movers : Sprint (NYSE:S) T-Mobile (NYSE:TMUS) Twitter (NYSE:TWTR) and Alibaba

Once again, Twitter, Alibaba, Sprint and T-Mobile US are the major stocks in the news today. Sprint (NYSE:S) and T-Mobile (NYSE:TMUS) have agreed on a $32 billion merger. According to a WSJ report, recent regulatory developments convinced executives at Sprint and T-Mobile US to develop their telecommunications companies with joint forces. A deal approval is under way according to Wal Street Journal sources, even though … Continue reading Market Movers : Sprint (NYSE:S) T-Mobile (NYSE:TMUS) Twitter (NYSE:TWTR) and Alibaba