Sprint Corporation (NYSE:S) released its fourth quarter earnings results this morning before opening bell, posting losses of 26 cents on revenue of $9.14 billion. Analysts had been expecting the company to report losses of 33 cents per share on revenue of $7.75 billion. Sprint Corporation (NYSE:S) stock opened at $7.88 in last session, and closed at $7.69, while the day range of stock is $7.50 – $7.91. The stock showed a negative weekly performance of -2.04%.
Apple Inc. (NASDAQ:AAPL) management can breathe a sigh of relief after activist investor Carl Icahn dropped his aggressive share buyback proposal for the time being. The proposal that drew a flurry of attention over the last six months received a jolt over the weekend, when Institutional Shareholder Services Inc. (ISS) backed Apple’s strategy of holding cash. Apple Inc. (NASDAQ:AAPL) stock opened at $518.66, in last session and closed at $528.99, by gaining 1.79%. The 52 week range of the stock is $385.10 – $575.14. Company’s market capitalization is $472.10 billion.
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA)’s shares fell 2.13% to $7.84. The company announced that it will report its fourth quarter and year-end 2013 financial results on Tuesday, February 25, 2014, before the market opens. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) stock advanced 1.75% and finished the last session at $8.13. The EPS of the stock remained -1.46. Company’s market capitalization is $1.51 billion.
BlackBerry Ltd (NASDAQ:BBRY) is still limping along but, following the departure of another key executive, one analyst on Tuesday predicted that next year will be the end of the road for the Canadian smartphone maker. BlackBerry Ltd (NASDAQ:BBRY) stock opened the session at $9.90, and closed the session at $9.87. The 52 week range of the stock remained $5.44 – $17.22 and the day range was $9.59 – $10.10.
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