Sprint Nextel Corp, an acquisition target of both Japan's SoftBank Corp and Dish Network Corp, posted a smaller than expected quarterly loss, even as it saw steep customer losses from the Nextel network it is shutting down.Sprint, the No. 3 U.S. mobile service provider, on Wednesday recorded a first-quarter loss of $643 million, or 21 cents per share, compared with a loss of $863 million, or 29 cents per share, in the year-ago quarter. Analysts had expected a loss of 33 cents per share, according to Thomson Reuters I/B/E/S.Revenue rose to $8.79 billion from $8.73 billion. Analysts had expected $8.71 billion.Sprint reported a subscriber loss of 560,000 for the quarter compared with expectations for a loss of almost 525,000 from five analysts contacted by Reuters.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH remained unchanged at $39.86. In the past year, the shares have traded as low as $26.12 and as high as $40.34. On average, 3176820 shares of DISH exchange hands on a given day and today's volume is recorded at 0.
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S remained unchanged at $7.10. In the past year, the shares have traded as low as $2.31 and as high as $7.35. On average, 64033800 shares of S exchange hands on a given day and today's volume is recorded at 1000.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $32.65. In the past year, the shares have traded as low as $26.20 and as high as $32.90. On average, 1100820 shares of TRI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.6% or $0.2/share to $33.45. In the past year, the shares have traded as low as $26.65 and as high as $33.55. On average, 1213660 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 789986.
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