Wireless stocks In News: Sprint Corporation (NYSE:S), AT&T Inc. (NYSE:T), Verizon Communications (NYSE:VZ), Vodafone Group (NASDAQ:VOD)

Posted by on Apr 19, 2014

Sprint Corporation (NYSE:S) is thought to be in an advanced stage to launch its HD Voice, as early as mid this year. Sprint Corporation (NYSE:S) shares after opening at $8.34 moved to $8.69 on last trade day and at the end of the day closed at $8.52. Company price to sales ratio in past twelve months was calculated as 1.99 and price to cash ratio as 4.49. Sprint Corporation (NYSE:S) showed a negative weekly performance of -3.18%.

AT&T, Inc. (NYSE:T) has signed up with another automobile manufacturer, Volvo Car Corporation. The deal would incorporate providing wireless connectivity to Volvo cars sold in the U.S. and Canada. The service will be installed in Volvo’s 2015 model cars. AT&T Inc. (NYSE:T) shares fell -0.17% in last trading session and ended the day on $36.04. T return on equity ratio is recorded as 20.80% and its return on assets is 6.70%. AT&T Inc. (NYSE:T) yearly performance is 0.61%.

Roger Gurnani, Verizon Communications Inc. (NYSE:VZ) executive vice president and chief information officer, will join other leading CIOs as a keynote panelist at the 2014 MIT Sloan CIO Symposium, a May 21 event for IT leadership. Verizon Communications Inc. (NYSE:VZ) shares moved up 1.06% in last trading session and was closed at $47.60, while trading in range of $46.87 – $47.70. Verizon Communications Inc. (NYSE:VZ) year to date (YTD) performance is -1.00%.

Vodafone Group Plc (ADR) (NASDAQ:VOD) the world’s second-largest mobile carrier, is in talks with Netflix Inc. to offer subscribers access to streaming movies and television shows, three people familiar with the discussions said. Vodafone Group Plc (ADR) (NASDAQ:VOD) weekly performance is -0.28%. On last trading day company shares ended up $35.99. Vodafone Group Plc (ADR) (NASDAQ:VOD) distance from 50-day simple moving average (SMA50) is -4.77%. Analysts mean target price for the company is $65.70.

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