This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Why Sprint (S) Is Rising Today

NEW YORK (TheStreet) -- Shares of Sprint (S) were rising 4.2% to $9.63 on Friday following a report that banks are preparing proposals for the carrier's potential bid for T-Mobile (TMUS - Get Report).

According to The Wall Street Journal, at least six banks are preparing proposals to finance the Sprint bid to acquire rival T-Mobile. The paper's sources said financing offers "could be in place in January." The bid for T-Mobile, if Sprint decides to make one, is expected to come some time in the first half of 2014.

If Sprint does make a bid it could enter a bidding war with Dish (DISH), which is reportedly contemplating its own bid for T-Mobile. Dish tried to acquire Sprint earlier this year, but lost to Japanese carrier Softbank.

S Chart S data by YCharts

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
S $4.62 -0.11%
TMUS $39.02 1.80%
AAPL $130.77 -0.77%
FB $79.08 -1.30%
GOOG $532.05 -1.40%

Markets

DOW 18,038.84 -87.28 -0.48%
S&P 500 2,107.53 -13.26 -0.63%
NASDAQ 5,068.2610 -29.7150 -0.58%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs