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Despite turmoil overseas, the US economy continues to grow, increasing opportunities for domestically-focused companies.
T-Mobile US, Inc.
TransDigm Group Incorporated
The Boston Beer Company, Inc.
Glacier Bancorp, Inc.
United Bankshares, Inc.
Eagle Materials Inc.
Toll Brothers, Inc.
Vector Group Ltd.
Antero Resources Corporation
MB Financial, Inc.
Two years after T-Mobile and Sprint announced their merger... setting off numerous battles in the courts... and intense scrutiny on Capitol Hill from lawmakers worried the combination would drive wireless prices higher... America's No. 3 and 4 wireless carriers on Wednesday finally officially completed their $23 billion merger. The combined company will now operate under the T-Mobile name and trade on the Nasdaq under the symbol TMUS. The never-camera-shy CEO of T-Mobile John Legere is stepping down effective immediately. He was originally scheduled to leave at the end of the month. The deal closed after a Federal judge on Wednesday signed off on the Justice Department's okay of the merger, including the order to sell assets to Dish Network. And T-Mobile and Sprint went ahead and agreed to abide by any conditions set forth by a final decision from the California Public Utilities Commission, that will come out on April 16th. The marriage creates a stronger competitor to AT&T and Verizon in the race to roll out 5G wireless technology. Shares of the new T-Mobile managed to hold a gain Wednesday amid a general stock market slump.
T-Mobile this morning officially announced its exclusive partnership with the new streaming service, Quibi, set to launch on April 6. The service will be made available for free for a year to T-Mobile customers on its unlimited wireless family plans. The streaming service, founded by Hollywood media mogul Jeffrey Katzenberg, has been specifically built for on-the-go viewing on mobile devices.
T-Mobile borrowed $19bn on Thursday to fund its $66bn purchase of US telecoms rival Sprint, taking advantage of red-hot funding markets for high-quality corporate bonds. The debt offering, the second-largest corporate bond sale this year, will be used to repay a loan T-Mobile had drawn down just days earlier that its lenders across Wall Street had been forced to fund themselves given the market turmoil, according to people briefed on the matter. Bankers leading the bond offering at Barclays, Deutsche Bank and Goldman Sachs received roughly $65bn of orders from investors for a piece of the $19bn of bonds, underscoring the demand for investment-grade debt, two of the people said.
The third-party delivery provider Grubhub Inc on Thursday will notify more than 100,000 restaurants using its platform that they each will get a $250 credit - at a total cost to Grubhub of up to $30 million - to help offset losses from the coronavirus crisis. The restaurants - only small, independent outlets or regional chain franchises - will get the credit, to be used as part of a dinner promotion, taken off their bills at the end of the month. The company had already deferred commission fees, which restaurants pay for advertising on the platform, as delivery firms try to help restaurants offset steep losses from dining rooms they have been forced to close to comply with government mandates.
T-Mobile (TMUS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Range Resources (RRC) believes that once the short-term headwinds subside, the pricing scenario of natural gas will improve since the worldwide demand for cleaner fuel is mounting.
Mobile carrier T-Mobile has completed the takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The companies announced the deal, valued at $31.6 billion based on T-Mobile's closing stock price Tuesday, two years ago. The Federal Communications Commission and the Department of Justice approved the deal last year, with DOJ telling the companies that they must set up satellite TV company Dish as a new wireless carrier — an unusual arrangement — in order to win approval.
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index rose for the sixth straight month but it's unclear what direction home prices will go due to CoVID-19.
Yahoo Finance speaks with Chipotle CEO Brian Niccol on the state of his restaurant business amidst the coronavirus.
Benefits from higher home deliveries and average selling price help KB Home (KBH) to post better-than-expected fiscal Q1 results. However, it suspends its guidance owing to coronavirus crisis.
Grubhub founder and CEO Matt Maloney talks with Yahoo Finance about how the food delivery business is navigating the coronavirus pandemic.
Toll Brothers (TOL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Yahoo Finance catches up with Yum! Brands CEO David Gibbs to discuss how his business is faring during the coronavirus.
Uber Eats is seeing a surge in restaurants sign-ups amid lockdowns across cities and states in the U.S.
T-Mobile (TMUS) collaborates with YouTube to provide two months of free YouTube premium services as part of its much-acclaimed "T-Mobile Tuesdays" rewards program amid the coronavirus pandemic.