NEW YORK, October 11, 2012 - Marketsareopen, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Sprint Nextel Corporation, Clearwire Corporation, MetroPCS Communications, Wal-Mart Stores.
As per a report from Reuters, the U.S. operator, Sprint Nextel Corporation(NYSE:S), for more than one trillion yen or $12.8 billion, according to sources.
While Sprint declined to comment on the issue, Softbank said that the reports are based on speculation. Sprint shares had jumped 18 percent.
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At market close on Wednesday, the market capitalization of Sprint Nextel was $5.12 billion. At the end of June 2012, the company had more than 56 million users.
According to one analyst, Softbank might offer a 27 percent premium and pay $6.40 per share of Sprint.
Another analyst Jennifer Fritzsche said that this was the only available option for Softbank if it wished to step into the American market. “In terms of (Sprint) standalone, we believe the asset represents the only way for a potential new entrant to get a national presence immediately in the U.S.,” said the Wells Fargo analyst in a note to clients.Softbank is reportedly in talks with banks to borrow the money required for the bid.
Is PCS Showing a Buy Signal After Today’s Slump? Find Out Here http://marketsareopen.com/reports/index.php?company=PCSWal-Mart Stores, Inc.(NYSE:WMT)’s U.S. unit has said that it is confident of maintaining its growth momentum going into the holiday season, which usually sees a spike in sales.
The company said that it had a sound strategy for the holiday season and it would hasten the opening of small stores.
It said that the company as targeting online sales at $9 billion by 2014.
Shares in Wal-Mart have been on an uptick recently and on Wednesday it closed up 1.7 percent at $75.42, which is an all-time closing high for the company. In 2012, so far Wal-Mart shares have been the fourth best performer rising more than fourth, compared to the Dow which has risen 9.2 percent in the same period.
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Wal-Mart U.S. said it planned to become more aggressive and raise its marketing and advertising campaigns.
It said that it would also use social media platforms such as Facebook and others to drive sales, such as allowing its 22 million Facebook fans to vote on toys they’d like to see “rollbacks,” or temporary discounts, on.With regard to delivery services Wal-Mart has started same-day delivery services in the Bay area, Philadelphia, Minneapolis and Washington, D.C.About MarketsareopenMarketsareopen’s team is engaged in providing valuable and updated news information on U.S. stocks on a regular basis. Marketsareopen’s instant stock news on Major Gainers, Hot Stocks and various other stocks, guides investors in making the wise stock market investments decision. To Get Instant updates in the inbox, readers are advised to sign up for free at Marketsareopen.com.
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