Sprint Corporation (NYSE:S) has made a few major changes as part of an effort to reduce costs. The Kansas based telecommunications giant has laid off 330 technical consultants and shutdown 150 service and repair centers across the United States. Sprint Corporation (NYSE:S) shares after opening at $9.13on last trade day and at the end of the day closed at $9.05. Company price to sales ratio in past twelve months was calculated as 2.11 and price to cash ratio as 4.78. Sprint Corporation (NYSE:S) showed a positive weekly performance of 3.08%.
Wells Fargo & Co. downgraded shares of NII Holdings (NASDAQ:NIHD) from an outperform rating to a market perform rating in a report issued on Thursday, TheFlyOnTheWall.com reports. NII Holdings Inc (NASDAQ:NIHD) shares advanced 19.27% in last trading session and ended the day on $1.30. NIHD return on equity ratio is recorded as -82.60% and its return on assets is 16.30%. NII Holdings Inc (NASDAQ:NIHD) yearly performance is -72.22%.
NTELOS Holdings (NASDAQ:NTLSD) had its price objective lowered by JPMorgan Chase & Co. from $18.00 to $14.00 in a report released on Friday, Analyst Ratings Network.com reports. NTELOS Holdings Corp. (NASDAQ:NTLS) shares moved up 8.35% in last trading session and was closed at $14.02, while trading in range of $12.77 – $14.11. NTELOS Holdings Corp. (NASDAQ:NTLS) year to date (YTD) performance is -28.51%.
On March 7, 2014, XG Technology Inc (NASDAQ:XGTI), has announced that the General Availability (GA) release of xMax cognitive radio software is now ready for delivery. The GA package of system software will replace and upgrade the Conditional Availability releases that were provided to various xG customers with their initial deliveries of xMax broadband networking equipment. Customers will get the new GA software free of charge and roll out is expected to be completed by the end of Q1 2014. GA software will be included with all future shipments to backlogged orders, as well as new deployments. XG Technology Inc (NASDAQ:XGTI) weekly performance is 3.21. On last trading day company shares ended up $3.21. XG Technology Inc (NASDAQ:XGTI) distance from 50-day simple moving average (SMA50) is 60.81%. Analysts mean target price for the company is $2.60.