Wednesday, May 18, 2011

Fisher Capital Management Corporate News: Sprint Nextel Corporation Launches New Mobile Solutions for Green Life Enthusiasts – NYSE:S

http://www.usamarketnews.com/major-business-news/1641/sprint-nextel-corporation-launches-new-mobile-solutions-for-green-life-enthusiasts-nyses.html

Posted by: SuzyCrosno on April 17th,2011

Sprint Nextel Corporation NYSE:S introduces a new mobile solution built just for those who are dedicated environmentalists or just interested in finding some simple yet meaningful ways to begin living a greener life. Company yesterday declared its newest Sprint ID pack – the Green ID pack – which offers an unmatched eco-friendly Android™ experience, delivered right to one’s fingertips, on select Sprint devices.

With mobile content from eco-friendly favorites like Earth911.com, TreeHugger.com, the Green ID pack automatically loads apps, Green America and the National Audubon Society, widgets and shortcuts tailor-made for users who want to live a more environmentally sustainable life and help others to do the same.

Sprint Nextel Corporation is basically a Wireless Communications industry company that holds a portfolio of about 40,000 employees. Company’s stock price is increasing continuously for the most recent quarter as Sprint’s three consecutive months’ share growth is +8.10% with its relative strength index of 71. However on semiannual basis the last six consecutive months growth recorded +4.80% with relative strength index of 63.

Company’s sales have increased 2.51% during last five consecutive years and resulted $32.56 billion for last consecutive twelve months. The company’s growth of its sales in recent quarter vs. year ago quarter recorded 5.50% which is chasing the Industry benchmark of 6.60% and below from Standard and Poor’s benchmark of 11.70%.

Sprint Nextel Corporation NYSE:S on April 15, 2011 decreased $0.15 and settled to the closing price of $4.81. The overall volume in the last trading session was 63.82 million shares. Its fifty two week range was $3.70-$5.31. The total market capitalization remained $14.38 billion.

Sprint Nextel’s current stock price is moving above its 52 week low by 30.00% and moving below from 52 week high price by 9.42%. SPRINT last month stock price volatility remained 3.58%. In its share capital SPRINT has 2.99 billion outstanding shares while company’s float is the same at 2.99 billion shares. Ownership of company is 86.82% institutional while insiders owning 0.22%.



Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel served more than 49.9 million customers at the end of 2010 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone.

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