Sprint Nextel, Eli Lilly, E-Trade big movers
NEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Sprint Nextel Corp., up 38 cents at $4.15
A U.K. newspaper reported that Germany’s Deutsche Telekom is weighing a takeover bid for the U.S. telecommunications company.
Tenet Healthcare Corp., up 30 cents at $5.75
Profit from continuing operations for 2009 will be better than expected, the hospital operator said after a strong third quarter.
Goodyear Tire & Rubber Co., up 51 cents at $17.78
The biggest U.S. tire maker surged after the Obama administration decided to raise tariffs on imports of Chinese tires for three years.
Coeur d’Alene Mines Corp., down $1.24 at $19.73
RBC Capital Markets downgraded the silver miner after a big run-up in its stock price since July amid a surge in gold and silver prices.
Eli Lilly & Co., up 31 cents at $33.13
The drugmaker is cutting 5,500 jobs, shaving $1 billion of its costs and reorganizing into five business units over the next couple years.
AES Corp., up 64 cents at $14.79
A media report of a possible investment in the power plant company by a Chinese sovereign wealth fund sent shares to a 52-week high.
NASDAQ
E-Trade Financial Corp., up 12 cents at $1.78
The online broker authorized the beginning of a program to sell up to $150 million worth of common stock, enhancing liquidity.
Coldwater Creek Inc., up 7 cents at $7.38
Co-founder and chairman Dennis Pence will take on the duties of the women’s apparel retailer departing CEO, Daniel Griesemer.
| - Energy prices rebound strongly on big draw in gasoline; crude hits new high for year
- Stock slip after Goldman Sachs, Citigroup earnings disappoint a day after Dow tops 10,000
- Inflation edges up slight 0.2 percent in September with energy costs up but food prices down
- Oil above $75 at fresh 1-year high in midday European trade as stocks, dollar gain
- Oil jumps to above $75 in Asia, fresh 1-year high, as stocks, US dollar fuel gains
- Oil jumps to near $76 in Asia, fresh 1-year high, as stocks, US dollar fuel gains
- Commodities rise as dollar weakens, gold dips slightly after hitting new high of $1,072
- Crude settles above $75 a barrel exactly one year after it last did so
|
Related News
Navy awards $60 million cell phone contract to AT&T, Sprint Nextel, VerizonSeptember 21st, 2009 Navy awards $60M deal to 3 wireless providersWASHINGTON — The Navy awarded a bundled $60 million contract to AT&T Inc., Sprint Nextel Corp. and Verizon Communications Inc.
Sprint offers unlimited mobile-to-mobile calling as wireless-pricing competition intensifiesSeptember 10th, 2009 Sprint Nextel lowers mobile-to-mobile pricingKANSAS CITY, Mo. — Sprint is offering unlimited minutes for calls made between mobile phones as competition in wireless pricing continues to intensify.
Sprint Nextel deal to acquire Virgin Mobile USA gets clearance from Federal Trade CommissionAugust 25th, 2009 Sprint Nextel-Virgin Mobile USA deal gets FTC's OKWASHINGTON — The Federal Trade Commission has removed a regulatory hurdle to Sprint Nextel Corp.'s proposed $483 million acquisition of Virgin Mobile USA Inc. FTC regulators approved an early termination of the agency's antitrust review, indicating they have no objections to the deal, according to a posting Monday on the FTC's Web site.
Tenet Healthcare shares rise as analyst upgrades stock on his positive outlookAugust 14th, 2009 Ahead of the Bell: Tenet HealthcareNEW YORK — Shares of hospital operator Tenet Healthcare Corp. rose in premarket trading Friday after a Robert W.
Citigroup, Yum Brands, PetSmart, Sprint Nextel, Pulte are among big market movers TuesdayAugust 12th, 2009 Citigroup, Yum Brands, PetSmart are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange:
NYSE:
Citigroup Inc., down 25 cents to $3.69
The bank approved $6 billion in new lending initiatives in the second quarter as part of its programs supported by government bailout funds.
Yum Brands Inc., down $1.40 at $35.13
An analyst downgraded KFC
Sprint expanding wireless broadband services to 17 citiesAugust 11th, 2009 Sprint Nextel announces 17 new WiMax marketsOVERLAND PARK, Kan. — Sprint Nextel Corp.
Sprint Nextel will acquire Virgin Mobile USA at $5.50 per share; Sprint values deal at $483MJuly 28th, 2009 Sprint Nextel to buy Virgin Mobile USAOVERLAND PARK, Kan. — Telecommunications company Sprint Nextel Corp.
USEC, Interpublic, Office Depot, SPSS, Textron are among big market movers TuesdayJuly 28th, 2009 USEC, Interpublic, Office Depot are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
USEC Inc., down $2.14 at $4.05
The Department of Energy denied a $2 billion loan guarantee the company needed to finance the construction of an Ohio uranium plant. Interpublic Group of Cos., down 78 cents at $5.41
The advertising and marketing conglomerate said its profit tumbled by more than three-fourths in the second quarter as sales slid.
AIG, Merck, YRC Worldwide, Saks, Sprint Nextel are among big market movers ThursdayJuly 9th, 2009 AIG, Merck, YRC Worldwide are big moversNEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American International Group Inc., down $3.62 at $9.48
An analyst said the insurer's equity may be zero due to risk of continued losses from credit default swaps and assets sold cheaply. Emulex Corp., down 76 cents at $8.94
Broadcom Corp.
Sprint Nextel shares climb modestly as analyst upgrades, seeing lower subscriber lossJuly 6th, 2009 Sprint Nextel shares rise as analyst upgradesNEW YORK — Shares of Sprint Nextel Corp. climbed modestly Monday afternoon after an analyst with Auriga USA LLC upgraded the wireless provider, citing improved expectations for subscriber losses.
Bemis, Alcoa, American Express, Data Domain are among big market movers MondayJuly 6th, 2009 Bemis, Alcoa, Data Domain are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bemis Co., up $1.22 at $25.50
The company, which makes clear plastic packages, is paying $1.2 billion for the global packaging business of Rio Tinto PLC. Bank of America Corp., down 49 cents at $12.15
An analyst said the lender faces a 10 percent jump in uncollectible loans when it reports second-quarter earnings.
Court disallows national class-action status in billing suit against Sprint NextelJune 25th, 2009 Court limits billing case against SprintOVERLAND PARK, Kan. — A federal judge in Washington state has disallowed national class-action status to a lawsuit against Sprint Nextel Corp.
Goodyear offers buyout packages to 550 Steelworkers at Union City, Tenn. plantJune 20th, 2009 Goodyear taking $60 million restructuring chargeAKRON, Ohio — The Goodyear Tire & Rubber Co. is offering buyout packages to 550 workers at its tire plant in Union City, Tenn., as the company reduces costs due to weak demand.
Embarq, Sprint file suit against government over $31.6 million in income taxesJune 18th, 2009 Embarq, Sprint sue government over taxesOVERLAND PARK, Kan. — Embarq Corp.
Earnings roundup: Sprint Nextel loss widens, PSEG profit nearly matches year-agoMay 4th, 2009 Earnings roundup: Sprint Nextel, PSEGAmong the earnings stories for Monday, May 4, from AP Financial News:
KANSAS CITY, Mo. (AP) — Despite a widening net loss, Sprint Nextel Corp.
Loading ...