New York - Shares of these three unrelated companies were the top volume movers on Friday. Pfizer the global pharmaceutical giant, nearly doubled its usual volume of 42 million as traders have been active ahead of their quarterly report, which is set to be released on November 2nd. Shares of Sprint Nextel rose 2%, while AT&T and Verizon fell, as traders bid the company higher ahead of their October 27th quarterly announcement. Sirius Satellite radio which is frequently a top volume mover due to its low share price had 54 million shares sold. However, this is only roughly equivalent to $54 million. The company is set to release its earnings on November 4th.
To see our full Sirius report Click Here
Showing posts with label Sprint Nextel. Show all posts
Showing posts with label Sprint Nextel. Show all posts
Saturday, October 23, 2010
Friday, October 22, 2010
Sprinting Ahead of Earnings (NYSE: S)
NEW YORK - Sprint Nextel Corporation the telecommunications company based in Overland Park, Kansas who has the third largest wireless network in the U.S. has shown strong results over the last month. Sprint is up 10% in the last month compared to a drop of 2% for AT&T and Verizon. The company will report its earnings on October 27th. The current estimate calls for a loss of 28 cents a share. Most analysts do not see Sprint returning to profitability until at least 2012.
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