As hopes of a Sprint Corporation (NYSE:S) and T-Mobile merger continue to slowly dwindle, executives from wireless networks Verizon and T-Mobile headed to Washington to testify on the wireless marketplace and its competitive nature. Sprint Corporation (NYSE:S) stock opened at $8.66 in last session, and closed at $8.74. The stock showed a positive weekly performance of 5.43%.
Tesco Corp. (NASDAQ:TESO) announced its earnings results on Friday. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.16, Analyst RN reports. Tesco Corporation (USA) (NASDAQ:TESO) stock opened at $20.80, in last session and closed at $18.97, by losing -10.01%. The 52 week range of TESO is $11.05 – $21.55. Company’s market capitalization is $741.88million.
The Cash Store Financial Services Inc. (NYSE:CSFS) announced that it will voluntarily delist its common shares from The New York Stock Exchange (“NYSE”). The Company’s decision to voluntarily delist its common shares was driven by a number of factors, including its non-compliance with the NYSE’s market capitalization and shareholders’ equity, as well as its share price requirements. Cash Store Financial Services Inc (NYSE:CSFS) stock decreased -23.79% and finished the last session at $0.330. The EPS of the stock remained -2.21. Company’s market capitalization is $5.80million.
Mattel, Inc. (NASDAQ:MAT) has made a friendly takeover offer for Canadian toy maker Mega Brands Inc. (TSX:MB), which has the world’s No. 2 line of construction sets after Lego. Mattel, Inc. (NASDAQ:MAT) stock opened the session at $37.22, and closed the session at $37.31. The 52 week range of the MAT stock remained $34.98 – $48.48 and the day range was $36.88 – $37.52.
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