Shares of Sprint (NYSE:S) saw a significant decline in short interest in June. As of June 30th, there was short interest totalling 74,273,439 shares, a decline of 5.3% from the June 13th total of 78,399,674 shares. Based on an average daily trading volume, of 10,642,865 shares, the short-interest ratio is currently 7.0 days. Currently, 9.5%…
Telecom giant AT&T Inc. (NYSE:T) on Wednesday defended its proposed $48.5 billion acquisition of satellite television company DirecTV ( DTV ), saying that a combined company would be able to offer new and better service bundle as well as create a stronger competitor to large cable providers, resulting in overall net benefit to consumers. AT&T…
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…
These 3 stocks are so different, but surprisingly so performing : T-Mobile US (NYSE:TMUST), Leap Wireless International (NASDAQ:LEAP), Globalstar (NYSE:GSAT) are excellent moves to play the wireless telecommunications rebound this year. Globalstar (NYSE:GSAT) is based in the USA. It’s been a major player in the Wireless Telecommunications segment since 2013, when the stock grossed a…
T-Mobile US Inc(NYSE:TMUS) shares rose in Thursday’s pre-market session despite a bigger-than-expected Q1 loss and a cut to the wireless-telecommunications company’s forecast for 2014 adjusted earnings before interest, taxes, depreciation and amortization, as investors were encouraged by strong net additions in the quarter and a boost to its 2014 additions guidance. TMUS was up 8%…
Google Inc (NASDAQ:GOOG) might be prepping to offer the Android users with the facility of searching the content inside the apps using search app. As of now, the search app is only available for data collected from websites and cannot be used to look inside apps like Wikipedia or Flixter. Google Inc (NASDAQ:GOOG) stock performance…
