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T-Mobile US, Inc.
TransDigm Group Incorporated
Toll Brothers, Inc.
The Boston Beer Company, Inc.
Glacier Bancorp, Inc.
Eagle Materials Inc.
United Bankshares, Inc.
Vector Group Ltd.
Antero Resources Corporation
The outspoken and sometimes outrageous CEO who reinvigorated T-Mobile US is stepping down next year. John Legere said he will remain on the company's board but will give up the chief executive's seat to his chief operating officer, Mike Sievert. The announcement comes just weeks before T-Mobile goes to trial. It's set to fight a lawsuit by state attorneys general alleging its $26 billion merger with Sprint would harm customers. Though Media reports say Legere is in talks to head the office-sharing startup, WeWork, Legere said Monday he had never been in discussions to run the troubled office-sharing startup. Reuters reports he's not a leading candidate. Moving to WeWork could create a potential conflict of interest since Legere is seeking to renegotiate the merger with Sprint. Sprint and WeWork are both controlled by Japan's SoftBank Group. The brash, shaggy-haired CEO transformed an underdog into a contender during his seven years at the helm. He loved to bash his rivals, AT&T and Verizon as he lured away their customers, growing T-Mobile into the third largest carrier and making it profitable
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Vector (VGR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Verizon (VZ) launches 5G Ultra Wideband Network services in Boston to promote next-gen connectivity by leveraging high throughput, ultra-low latency and massive capacity.
M&T Bank's (MTB) board of directors announces 10% hike in the company's quarterly common stock dividend, to be paid on Dec 31, to shareholders of record as of Dec 2, 2019.
Monster Beverage (MNST) gains momentum in its energy drinks category driven by the Monster Energy brand. Also, its efforts to innovate and launch products bode well.
Britvic's (BTVCY) fiscal 2019 earnings are likely to have benefited from robust brand portfolio and strategic buyouts. However, business failures and stiff competition are concerns.
TransDigm's (TDG) acquisition sales total $407.6 million in fourth-quarter fiscal 2019, mainly coming from Esterline Technologies Corporation.
United Bankshares' (UBSI) recent all-stock acquisition with Carolina Financial (CARO) reflects the companies' strategic efforts for business expansion with diversified products into the Southeast and Mid-Atlantic markets.
TransDigm (TDG) delivered earnings and revenue surprises of 10.63% and -7.31%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
T-Mobile said Legere will remain CEO until April 30, and will be succeeded by President and Chief Operating Officer Mike Sievert. Legere will continue to be a member of T-Mobile's board. Legere, the outspoken architect of the marketing and business strategy that helped T-Mobile become known as an innovator in the wireless industry, said the succession plan had long been in the works.
U.S. regulators approved Sprint's $26.5-billion merger with larger rival T-Mobile US Inc in July. As a concession to regulators, the companies agreed to sell Sprint's prepaid wireless business, which includes the Boost and Virgin Mobile brands, to Dish for $1.4 billion, as well as sell some wireless spectrum, or airwaves that carry data, to Dish for $3.6 billion.
T-Mobile said Monday its colorful CEO John Legere is stepping down next year, even as the wireless company’s long-running effort to merge with rival Sprint remains unfinished. T-Mobile is trying to combine with Sprint in a $26.5 billion deal. Sievert has worked at T-Mobile since 2012 and has been a board member for nearly two years.