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A lengthy battle over the free flow of content and data over the Internet finally comes to a close, as the FCC gives the green light to Net Neutrality.
Sprint on Tuesday appointed Marcelo Claure as the company's new CEO and indicated it would end its run at T-Mobile USA.
MetroPCS Communications (NYSE:PCS) hit a new 52-week high Thursday as it is currently trading at $16.62, above its previous 52-week high of $14.51 with 155,204 shares traded as of 9:31 a.m. ET. Average volume has been 10.6 million shares over the past 30 days.
MetroPCS Communications was a winner within the telecommunications industry, rising $8.73 (112.0%) to $16.52 on average volume
TheStreet Ratings group highlights 5 stocks pushing the technology sector higher today.
Merck reported disappointing first-quarter sales weighed down by a slowdown of its Januvia diabetes drug and cut its profit forecast for the full year.
MetroPCS Communications (NYSE:PCS) is trading at unusually high volume Thursday with 17.6 million shares changing hands. It is currently at two times its average daily volume and trading up 26 cents (+2.2%).
Best Buy closes lower as Samsung reports inventory issues.
MetroPCS shareholders approve T-Mobile deal, as telecoms consolidate.
The top 10 open-market insider purchases and sales filed at the SEC Tuesday.
Verizon's earnings signal a change in its relationship with Apple.
Verizon earnings grow 15% in the first quarter on in-line iPhone sales and subscriber growth.
Hedge funds' self-interest in telecom consolidation may put consumers at risk.
Hedge fund investors are poised to play a big role in deciding Sprint's fate.
John Paulson, an active shareholder in T-Mobile's merger efforts with MetroPCS, is also a top Sprint shareholder.
Amendment Further Enhances Value for Stockholders
MetroPCS Communications (NYSE:PCS) is trading at unusually high volume Friday with 28.8 million shares changing hands. It is currently at 4.3 times its average daily volume and trading up 24 cents (+2.1%).
T-Mobile's improved offer for MetroPCS convinced Paulson & Co. and Schoenfeld Asset Management to drop their opposition to the merger.
Deutsche Telekom announces another "best and final offer" to help T-Mobile - MetroPCS merger deal.
Jobless claims declined bolstering outlook for the S&P 500 to extend its all-time high set Wednesday.
U.S. stock futures point higher; the S&P 500 looks to add to its all-time high; weekly jobless claims on tap; T-Mobile raises its bid for MetroPCS.
Microsoft is reportedly developing a new lineup of its Surface tablets, including a 7-inch version.
T-Mobile begins selling Apple iphones on Friday - the same day MetroPCS stockholders vote on their merger.
The most recent short interest data has been released by the NASDAQ for the 03/28/2013 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.