Pali Research

Shares of Sprint Nextel Corp. (NYSE: S) are trading higher ahead of the company's fourth quarter earnings release, expected before the market opens on Wednesday, February 10, 2010. Shares are up 3.13% to $3.62 in the mid-afternoon session.

Shares of Sprint have seen a 100% rise through 2009, from a close of $1.83 on December 31, 2008 to a close of $3.66 on December 30, 2009. Through Q409, Sprint saw a moderate decline of 7%. Shares are currently trading down about 1% YTD.

The company is expected to report a loss of $0.19 for Q409, on ...