Stocks In News: Sprint Corporation (NYSE:S), AT&T (NYSE:T), Linn Energy LLC (NASDAQ:LINE), Statoil ASA (NYSE:STO), GDF Suez SA (ADR) (OTCMKTS:GDFZY)

Posted by on Jun 25, 2014

Sprint Corporation (NYSE:S) is spreading its business with new offerings in diverse fields. The company recently announced the availability of its high-definition (HD) voice network across its nationwide 2G service. The new technology is currently supported on 28 postpaid and 33 prepaid smartphones and aims to enhance the quality and audio range of standard voice calls. Sprint Corporation (NYSE:S) net profit margin is -7.80% and weekly performance is -4.63%. On last trading day company shares ended up $8.24. Analysts mean target price for the company is $7.28. Sprint Corporation (NYSE:S) distance from 50-day simple moving average (SMA50) is -5.88%.

AT&T Inc. (NYSE:T)’s CEO told Congress Tuesday that his company’s purchase of DirecTV will help slow increases in programming prices, but won’t lead to a decrease in prices. AT&T Inc. (NYSE:T) shares fell -0.28% in last trading session and ended the day on $35.29. T gross Margin is 59.80% and its return on assets is 6.60%.AT&T Inc. (NYSE:T) quarterly performance is 2.98%.

Shares of Linn Energy LLC (NASDAQ:LINE) have earned an average recommendation of “Hold” from the fifteen ratings firms that are currently covering the stock, Analyst Ratings Network reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $32.17. Linn Energy LLC (NASDAQ:LINE) shares moved down -0.60% in last trading session and was closed at $31.63, while trading in range of $31.54 – $32.15. Linn Energy LLC (NASDAQ:LINE) year to date (YTD) performance is 7.73%.

Statoil ASA (ADR) (NYSE:STO) says discovery of an additional 2-3 tcf of gas in place in the Piri-1 well brings to 20 tcf the total of in-place volumes on the block. Statoil ASA (ADR) (NYSE:STO) ended the last trading day at $31.35. Company weekly volatility is calculated as 1.25% and price to cash ratio as 3.94.Statoil ASA (ADR) (NYSE:STO) showed a negative weekly performance of -0.06%.

A U.S. subsidiary of French energy firm GDF Suez SA (ADR) (OTCMKTS:GDFZY) is being sued by two energy firms alleging GDF Suez manipulated the Texas power market, costing the firms more than $20 million in losses. On last trading day company shares ended up $27.80.

Leave a Reply

Your email address will not be published. Required fields are marked *