Evercore ISI Upgrades Sprint (S) to Hold
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Cowen Downgrades Sprint (S) to Neutral
February 6, 2015 9:35 AM ESTCowen downgraded Sprint (NYSE: S) from Outperform to Neutral with a price target of $4.00 (from $5.00).
Analyst Colby Synesael commented, "We are downgrading Sprint to Market Perform and reducing our PT to $4 (from $5) as we believe recent improvements while commendable are not happening... More
Sprint Corp. (S) Confirms Agreement with RadioShack's Lender
February 5, 2015 5:30 PM ESTAs part of RadioShacks recent bankruptcy filing, Sprint (NYSE: S) and General Wireless Inc., a subsidiary of Standard General LP, RadioShacks largest shareholder, have agreed in principle on terms that would allow Sprint to expand its branded store distribution by approximately 1,750 stores. The proposed transaction is part of the sale of a portion of RadioShacks assets and assignment... More
Sprint Corp. (S) Posts Q3 GAAP Loss of 60c/Share
February 5, 2015 7:04 AM ESTSprint Corp. (NYSE: S) reported Q3 EPS of ($0.60), which may not compare with the analyst estimate of ($0.24). Revenue for the quarter came in at $8.97 billion versus the consensus estimate of $8.69 billion.
Consolidated Adjusted EBITDA* of $1.04 billion declined 10 percent from the prior year... More
