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Sprint Corporation (S)

  • Feb. 7, 2012, 5:30 PM
    Notable earnings before Wednesday's open: AGU, AINV, AIV, AUO, CSC, CTSH, CVH, CVS, ELN, ICE, IR, LVLT, MCO, PLD, RAI, RL, S, TWX, UMC, WYN
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  • Feb. 7, 2012, 9:00 AM
    Premarket gainers: CSTR +19%. CVM +11%. SPF +10%. SHPGY +5%. S +5%. AMLN +4%. NBG +4%. PRGO +3%. HGSI +3%. CLF +3%. CHU +3%.
    Losers: NSU -22%. CFX -10%. ASTX -10%. BPAX -6%. LPL -5%. THLD -5%. SBH -4%. ALU -4%. ZOLT -4%. FRO -3%. VHPM -3%. CTIC -3%.
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  • Feb. 7, 2012, 8:37 AM
    Sprint (S) announces a partnership with Orange Business Services to provide a network of global machine-to-machine connectivity. The ability for Sprint to connect its devices to business customers' machines could add entirely new business segments for the company. Shares +3.3% premarket.
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  • Feb. 3, 2012, 2:25 PM
    Sprint (S) attempts to challenge the Kindle Fire by offering the ZTE Optik, a 7-inch Android tablet sporting a Qualcomm (QCOM) Snapdragon processor, for $100 with a 2-year contract ($350 without a contract). 3G tablet sales have lately failed to keep pace with the tablet market's overall growth, and that's proving a hindrance for Qualcomm and other wireless chipmakers.
  • Jan. 31, 2012, 5:42 PM
    Sprint (S) tells LightSquared it has until mid-March to receive FCC clearance to build its 4G LTE network, or else Sprint will terminate its 15-year network-sharing deal with the company. LightSquared's prospects took a major hit 2 weeks ago following the release of a critical letter supported by 9 government agencies. Without LightSquared, Sprint will badly need Clearwire's (CLWR) spectrum to build out its LTE network.
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  • Jan. 31, 2012, 10:56 AM
    RadioShack (RSH -28.9%) shares are downgraded to Neutral from Buy at Janney, which says RSH is "seeing a somewhat dramatic shift to a structurally lower gross margin, and we are unclear where this shift will bottom out." The firm cites concerns over RSH's post-paid business with carrier partner Sprint (S), which the company blamed for much of its weak guidance.
  • Jan. 31, 2012, 8:26 AM
    Shares of Sprint (S) trade lower, down 1.1% premarket, after RadioShack's preliminary Q4 report includes a warning that it saw underperformance in the Sprint postpaid wireless business.
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  • Jan. 30, 2012, 4:28 PM
    RadioShack (RSH) -18.7% AH on weak Q4 guidance, seeing EPS of $0.11-$0.13 vs. $0.36 consensus, blaming underperformance of the Sprint (S) postpaid wireless business and a highly promotional holiday season. Q4 revenues are projected slightly above consensus, $1.39B vs. $1.35B. S -1.4% AH.
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  • Jan. 30, 2012, 1:38 PM
    The iPhone may be great for Apple (AAPL), but the huge subsidies it requires makes it terrible for carriers, laments Nomura. Verizon's (VZ, VOD) incremental service margin easily outpaced AT&T's (T) until it began selling the iPhone, and AT&T's actually turned negative in Q4. Meanwhile, Sprint's (S) upcoming Q4 report is expected to show "over 800 bps of margin contraction."
  • Jan. 24, 2012, 10:33 AM
    Clearwire (CLWR +2.6%) rallies after preannouncing Q4 results. Revenue of $362M beats Street estimates by $5.7M, and net wholesale subscriber adds totaled 900K - that figure is down sharply from Q3's 1.9M wholesale adds, and reflects the impact of Sprint's (S) iPhone sales. In addition, though it ended Q4 with $1.11B in cash and equivalents, Clearwire is announcing a new $300M debt offering.
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  • Jan. 24, 2012, 9:05 AM
    Premarket gainers: PLCM +14%. CLWR +7%. VMW +7%. SNV +4%. WDC +4%. EMC +4%. COH +3%.
    Losers: IDCC -17%. NOK -8%. ZION -7%. EAT -6%. IGT -6%. KSU -6%. BTU -5%. LYG -5%. STM -5%. PNNT -5%. ALU -4%. GEL -4%. BHI -5%. CTIC -3%. BCS -3%. DB -3%. KMB -3%. CSX -3%. ANR -3%. CS -3%. MTG -3%.
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  • Jan. 23, 2012, 2:12 PM
    Clearwire (CLWR) has inked a deal with Simplexity, a provider of services for mobile virtual network operators ((MVNOs)), through which the latter will resell the former's 4G broadband service to its MVNO partners. Clearwire has thus far seen limited traction for its 4G broadband service, typically offered for $35-$50/month.
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  • Jan. 19, 2012, 9:53 AM
    Surveys showing iPhone (AAPL) closing the gap with Android (GOOG) in new smartphone purchases seems to suggest Android’s dominance has been driven more by carriers than by the product, Dan Frommer writes. December was the first time a brand new iPhone was available at the top three carriers at once - VZ, T and S. In effect, Apple had been playing with one hand tied behind its back.
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  • Jan. 18, 2012, 2:27 PM
    Sprint (S +4.1%) tells MSNBC that the firm is removing controversial Carrier IQ software from all of its phones through over-the-air updates. The move follows a public firestorm after tech researchers unveiled that Carrier's software can track user activity.
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  • Jan. 17, 2012, 12:35 PM
    The outlook for would-be 4G carrier LightSquared is looking bleak after a letter supported by 9 federal agencies states "there appear to be no practical solutions" to eliminating the GPS interference issues caused by LightSquared's network. Should LightSquared fail to go commercial, Sprint (S -2.4%) would be very dependent on Clearwire (CLWR +1.3%) to achieve its 4G deployment goals.
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  • Jan. 17, 2012, 9:25 AM
    Premarket gainers: VQ +50%. CNVO +48%. DNN +17%. PVX +15%. TSLA +15%. ISTA +11%. EK +10%. ING +8%. AEG +8%. FRO +8%. AVL +7%. QCOR +7%. BRD +6%. NBG +6%. RBS +6%. NOK +6%. TTM +5%. JASO +5%. MTL +4%. BHP +4%. SINA +4%. RIO +4%. ASML +4%. HMA +4%. WFR +4%. GMCR +3%. TSL +3%. HL +3%. AVNR +3%. HMY +3%. NDCO +3%. CLWR +3%. BIDU +3%. TOT +3%. BSBR +3%. BUD +3%. FCX +3%. CS +3%.
    Losers: CUK -16%. CCL -15%. KGC -8%. RCL -7%. C -5%. MTG -5%.
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Company Description
Sprint Corp is a communications company offering wireless and wireline communications products and services to individual consumers, businesses, government subscribers and resellers.