Sprint Corporation (NYSE:S) has agreed to pay about $40 per share to buy T-Mobile US Inc, a person familiar with the matter told Reuters on Wednesday, signalling progress in a long-contemplated deal to merge the third- and fourth-largest U.S. wireless carriers. Sprint Corporation (NYSE:S) net profit margin is -7.80% and weekly performance is 2.17%. On last trading day company shares ended up $9.40. Analysts mean target price for the company is $7.28. Sprint Corporation (NYSE:S) distance from 50-day simple moving average (SMA50) is 5.96%.
On May 8, 2014 Baxano Surgical, Inc. (NASDAQ:BAXS) announced its financial results for the first quarter ended March 31, 2014. Revenue was $4.4 million in the first quarter of 2014, representing a 42.4% increase from revenue of $3.1 million in the first quarter of 2013. Domestic revenue was $4.3 million in the first quarter of 2014, compared to $2.6 million in the first quarter of 2013 and international revenue was $0.1 million in the first quarter of 2014, compared to $0.5 million in the first quarter of 2013. Baxano Surgical Inc (NASDAQ:BAXS) shares fell -3.38% in last trading session and ended the day on $0.600 .Gross Margin is 70.40% and its return on assets is -67.80%. Baxano Surgical Inc (NASDAQ:BAXS) quarterly performance is -63.86%.
On May 15, 2014 SkyPeople Fruit Juice, Inc. (NASDAQ:SPU) announced its financial results for the first quarter ended March 31, 2014. Revenue was $11.8 million, a decrease of 37% year-over-year; Gross profit was $3.7 million, a decrease of 51% year-over-year; Gross profit margin was 31% as compared to 41% for the same period of 2013; Income from operations was $1.6 million, a decrease of 71% year-over-year; Net income attributable to the Company was $0.5 million, a decrease of 87% year-over-year; Cash and cash equivalents were $76.0 million as of March 31, 2014. Skypeople Fruit Juice Inc (NASDAQ:SPU) shares moved down -2.99 % in last trading session and was closed at $1.30, while trading in range of $1.20 – $1.36. Skypeople Fruit Juice Inc (NASDAQ:SPU) year to date (YTD) performance is -25.71%.
XG Technology Inc (NASDAQ:XGTI) has announced through a recent press release that it was awarded an all-new patent for the innovative interference mitigation techniques. Just prior to this, the XG had announced a patent grant for cognitive radio award. XG Technology Inc (NASDAQ:XGTI) ended the last trading day at $1.94. Company weekly volatility is calculated as 22.00%. XG Technology Inc (NASDAQ:XGTI) showed a positive weekly performance of 14.1 %.
On May 29, Greece’s fourth-largest lender Alpha Bank A.E. (ADR) (OTCMKTS:ALBKY) posted a loss for the first quarter, broadly in line with analysts’ estimates, as provisions for bad loans offset a rise in net interest income. Alpha, 69.9 percent owned by the Greek bank bailout fund, reported a loss of 94.1 million euros ($128 million). Analysts polled by Reuters had forecast on average a loss of 107.6 million euros. Alpha said provisions for non-performing loans (NPLs), those in arrears for more than 90 days, fell 22 percent year-on-year in the first quarter to 395 million euros. The latest provisions added to previous NPLs to push the total to 33.3 percent of its book from 32.7 percent at the end of 2013. Alpha Bank A.E. (ADR) (OTCMKTS:ALBKY) On last trading day company shares ended up $0.259 .