Sprint Corporation (NYSE:S) has received a credit line of as much as $1.3 billion backed by Sprint’s accounts receivable, which provides a new source of funding as the company spends to improve its network. The agreement was made with Bank of Tokyo-Mitsubishi UFJ Ltd. Sprint’s receivables from wireless service accounts will be sold on a revolving basis over the next two years. Sprint Corporation (NYSE:S) net profit margin is -7.80% and weekly performance is 2.27%. On last trading day company shares ended up $9.01. Analysts mean target price for the company is $7.28. Sprint Corporation (NYSE:S) distance from 50-day simple moving average (SMA50) is 2.88%.
Verizon Communications Inc. (NYSE:VZ) will host a career open house May 21 as the company continues to search for passionate candidates with a knack for technology and for providing excellent service to customers. Verizon officials will be on hand at the Wilmington Call Center to provide tours of the company’s facility, administer pre-employment testing and interview candidates for the immediately available positions. Verizon officials are looking to interview about 100 candidates. Verizon Communications Inc. (NYSE:VZ) shares advanced 2.31% in last trading session and ended the day on $49.07. VZ gross Margin is 63.00% and its return on assets is 5.40%.Verizon Communications Inc. (NYSE:VZ) quarterly performance is 6.67%.
Priming itself for the age of Internet-delivered video, AT&T Inc. (NYSE:T) said it would buy DirecTV for $48.5 billion in cash and stock, or $95 per share. AT&T Inc. (NYSE:T) shares moved up 0.60% in last trading session and was closed at $36.74, while trading in range of $36.51 – $36.79. AT&T Inc. (NYSE:T) year to date (YTD) performance is 7.27%.
AT&T agreed Sunday to buy DirecTV (NASDAQ:DTV) for about $48 billion in yet another mammoth deal in the pay-TV space this year that would immediately boost the telecom giant’s customer base at a time of confounding industry challenges. DIRECTV (NASDAQ:DTV) ended the last trading day at $86.18. Company weekly volatility is calculated as 2.78% and price to cash ratio as 14.41.DIRECTV (NASDAQ:DTV) showed a negative weekly performance of -2.08%.
Mitsubishi Corp (OTCMKTS:MSBHY) is mulling over the production of a new model for export following the company’s acquisition of Ford’s factory in the country. On last trading day company shares ended up $38.93.
Leave a Reply