On May 29, Deutsche Telekom AG has agreed to a plan by Japanese mobile company Softbank Corp to buy T-Mobile US Inc (NYSE:TMUS), the fourth-largest U.S. mobile carrier, Kyodo news agency reported, citing industry sources. T-Mobile US Inc (NYSE:TMUS) net profit margin is -0.80% and weekly performance is 2.63%. On last trading day company shares ended up $34.33. Analysts mean target price for the company is $35.97. T-Mobile US Inc (NYSE:TMUS) distance from 50-day simple moving average (SMA50) is 7.81%.
On May 20, America Movil SAB de CV (ADR) (NYSE:AMX), committed to sticking with its current targets for debt leverage, is unable to acquire a major part of AT&T Inc. (T)’s $5.76 billion stake, a person with direct knowledge of the matter said. While its repurchase program lets it acquire shares once owned by AT&T when they’re in the open market, America Movil has no plans to buy any significant portion of AT&T’s stake, said the person, who asked not to be identified because the matter is private. AT&T said two days ago it plans to divest the shares. America Movil SAB de CV (ADR) (NYSE:AMX) shares fell -2.57% in last trading session and ended the day on $19.33. AMX Gross Margin is 54.40% and its return on assets is 11.600%. America Movil SAB de CV (ADR) (NYSE:AMX) quarterly performance is -0.21%.
NII Holdings (NASDAQ:NIHD) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 45,179,374 shares, a growth of 6.7% from the April 30th total of 42,351,534 shares, Stock Ratings Network reports. Approximately 26.7% of the company’s shares are short sold. Based on an average daily trading volume, of 3,446,757 shares, the days-to-cover ratio is presently 13.1 days. NII Holdings Inc (NASDAQ:NIHD) shares moved down -9.81% in last trading session and was closed at $0.500, while trading in range of $0.50 – $0.57. NII Holdings Inc (NASDAQ:NIHD) year to date (YTD) performance is -81.82%.
On May 22, 2014, With hurricane season upon us, it only takes one storm to disrupt our ability to stay connected. As part of National Hurricane Preparedness Week, (May 25-May 31) Globalstar, Inc. (NYSEMKT:GSAT) encourages all coastal residents to be ready before a storm approaches. Ensuring reliable communications should be one of the first preparations businesses and individuals complete as the 2014 hurricane season begins. For a limited time, coastal residents can receive a free Globalstar satellite phone with the purchase of a Globalstar Unlimited service plan. Globalstar, Inc. (NYSEMKT:GSAT) ended the last trading day at $3.46. Company weekly volatility is calculated as 3.67% and price to cash ratio as 117.36. Globalstar, Inc. (NYSEMKT:GSAT) showed a positive weekly performance of 7.69%.
Telefonica Brasil (NYSE:VIV) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company’s earnings per share, deteriorating net income and disappointing return on equity. Telefonica Brasil SA (ADR) (NYSE:VIV) ended the last trading day at $20.11. Company weekly volatility is calculated as 2.12% and price to cash ratio as 7.34. Telefonica Brasil SA (ADR) (NYSE:VIV) showed a negative weekly performance of -2.52%.