Spireon and Sprint Corporation (NYSE:S) have joined forces to form a tactical relationship with an aim to provide mobile resource management solutions of Spireon’s Fleet Locate brand to fleet operators using the Sprint network. This will provide integrated services to customers and help both companies to consolidate their market. Sprint Corporation (NYSE:S) shares after opening at $8.15 moved to $8.16 on last trade day and at the end of the day closed at $7.82. Company price to sales ratio in past twelve months was calculated as 1.82 and price to cash ratio as 4.12. Sprint Corporation (NYSE:S) showed a negative weekly performance of -8.22%.
AT&T Inc. (NYSE:T) reported its performance results for the first quarter of its 2014 fiscal year (1QFY14) yesterday after market close. The company managed to post an earnings beat, even though revenues were in line with market expectations. AT&T Inc. (NYSE:T) shares fell -0.03% in last trading session and ended the day on $34.49. T return on equity ratio is recorded as 20.60% and its return on assets is 6.60%. AT&T Inc. (NYSE:T) yearly performance is -2.52%.
Verizon Communications Inc. (NYSE:VZ) reported its financial and operational results for the first quarter of its 2014 fiscal year. The New York-based company exceeded revenue expectations, but could not manage to meet earnings estimates. Verizon Communications Inc. (NYSE:VZ) shares moved down -0.73% in last trading session and was closed at $45.94, while trading in range of $45.85-$46.25. Verizon Communications Inc. (NYSE:VZ) year to date performance is -4.45%.
Vodafone Group Plc (ADR) (NASDAQ:VOD) could end up paying as much as 1.37 billion euros or $1.89 billion in damages. The company has been sued for unlawful cancelation of a franchise agreement. The aggrieved company, Mobile Trade Stores, has sought regal intervention in Greece. Vodafone Group Plc (ADR) (NASDAQ:VOD) weekly performance is 1.89%. On last trading day company shares ended up $36.67. Vodafone Group Plc (ADR) (NASDAQ:VOD) distance from 50-day simple moving average is -2.77%. Analysts mean target price for the company is $65.70.
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