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.
Morgan Joseph analyst upgrades Movado to 'Buy' after results beat expectationsSeptember 4th, 2009 Analyst upgrades Movado shares to 'Buy'NEW YORK — A Morgan Joseph analyst on Friday upgraded shares of Movado Group Inc. to "Buy" and said the watch retailer had returned to profitability ahead of schedule.
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.
Sprint expanding wireless broadband services to 17 citiesAugust 11th, 2009 Sprint Nextel announces 17 new WiMax marketsOVERLAND PARK, Kan. — Sprint Nextel Corp.
Sprint Nextel reports larger loss in 2nd-qtr as revenue, subscribers sinkJuly 29th, 2009 Sprint Nextel posts wider 2Q loss, shares skidKANSAS CITY, Mo. — Investors pummeled Sprint Nextel Corp.'s shares Wednesday after the nation's third-largest wireless carrier said it continued to hemorrhage some of its most valuable customers during the second quarter despite the introduction of the glitzy Palm Pre smartphone.
Sprint Nextel to acquire Virgin Mobile USA in $483M deal that sharpens its focus on prepaidJuly 28th, 2009 Sprint focuses on prepaid with Virgin Mobile dealNEW YORK — Sprint Nextel Corp. is intensifying its focus on the fast-growing market for prepaid cell phone service with a $483 million deal to buy Virgin Mobile USA Inc.
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.
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.
Sprint Nextel investors approve shareholder authroity to call special shareholder meetingsMay 12th, 2009 Sprint Nextel investors vote for special meetingsOVERLAND PARK, Kan. — Sprint Nextel Corp.
Sprint Nextel posts larger 1Q loss on slower sales, charge, still beats viewMay 4th, 2009 Sprint Nextel loss widens, beats viewKANSAS CITY, Mo. — Sprint Nextel Corp., the nation's third-largest wireless service provider, on Monday reported a larger first-quarter loss on declining revenue and a charge for job cuts announced in January.
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.
Sprint Nextel posts larger 1Q loss amid slower sales, charge for job cutsMay 4th, 2009 Sprint Nextel reports larger 1Q lossKANSAS CITY, Mo. — Sprint Nextel Corp., the nation's third-largest wireless service provider, on Monday reported a larger first-quarter loss on declining revenue and a charge for job cuts announced in January.
Sprint Nextel posts larger 1Q loss on slower sales but beats estimates and stock surgesMay 4th, 2009 Despite prepaid lift, Sprint Nextel loss widensKANSAS CITY, Mo. — Despite a widening net loss, Sprint Nextel Corp.