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EXCLUSIVE: Former Sprint CEO Dan Hesse On Going From Cleaning Sewers To Leading Billion-Dollar Tech Companies
Thursday, May 2, 2024 - 2:34pm | 673Dan Hesse has led several telecommunications companies, including helping lead the transition of Sprint and Nextel merging to become one unified company. Hesse shared more on his time pushing the company forward during an appearance on the "Raz Report" podcast. Leading Sprint Nextel Turnaround: Now...
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Markets Little Changed As Ukraine Uncertainty And Fears Persist
Wednesday, August 6, 2014 - 4:58pm | 3178U.S. stocks were little changed as uncertainty in Ukraine remains with comments out of Poland's government suggesting that the likelihood of a Russian invasion of Ukraine has increased over the past day. NATO's deputy secretary general shared similar sentiments and stated that Russia...
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Sprint Calls Off T-Mobile Merger, Announces Marcelo Claure As New CEO
Tuesday, August 5, 2014 - 8:14pm | 415Investors are parting ways with T-Mobile (NYSE: TMUS) and Sprint (NYSE: S) shares after several media outlets reported that Sprint is no longer interested in a merger. Bloomberg also reported that Sprint will announce a new CEO as soon as Friday. Re/code reported Friday morning that CEO Dan...
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Sources: SoftBank And Sprint Set To Decide On Possible T-Mobile Bid Soon
Thursday, February 6, 2014 - 2:17pm | 601In business, one way to eliminate competition is to buy it out. SoftBank founder, Masayoshi Son and Sprint (NYSE: S) CEO, Dan Hesse, are in the midst of making just such a decision with regards to T-Mobile US (NYSE: TMUS), according to Bloomberg. Of course, Son and Hesse would strongly argue...
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What Makes Sprint Nextel So Attractive to SoftBank?
Monday, October 15, 2012 - 10:47am | 1014Japan's second largest mobile phone carrier, SoftBank (OTC: SFTBY) and Sprint Nextel (NYSE: S) announced that the boards of both companies have agreed that SoftBank will acquire a 70 percent stake in Sprint Nextel in a deal valued at $20.1 billion. If approved by regulators and shareholders, the...
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Sprint Shares Up After Reporting High Revenue Per User
Thursday, July 26, 2012 - 4:11pm | 389Sprint (NYSE: S), the third largest U.S. wireless carrier, surged after the company reported earnings on Thursday before the market open. The company reported a net loss of $1.4 billion, compared to a net loss of $837 million in the same period last year. Despite the widened gap in net loss, the...
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Thursday Market Movers
Thursday, July 26, 2012 - 10:34am | 359Sprint Nextel Corporation (NYSE: S): Sprint traded up early on Thursday after reporting earnings that signaled a recovery. The company reported a net loss of $1.4 billion compared to a net loss of $847 million in the same quarter last year. Despite the widened losses, the company reported revenues...
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Three CEOs That Should Give Back Their Pay
Tuesday, May 8, 2012 - 12:50pm | 976Sprint's chief executive is returning more than $3 million in an effort to pacify angry investors. What other CEOs should do the same? Let's start with the most obvious… Scott Thompson, CEO of Yahoo! Is it okay to lie on your resume? If Bob the Average Accountant or Jane the Everyday Sales...
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Sprint CEO Dan Hesse Did What…!?
Tuesday, May 8, 2012 - 10:45am | 415You won't believe what Sprint's (NYSE: S) chief executive just did, all in the name of Apple (NASDAQ: AAPL) and the iPhone. Dan Hesse has done something that few other corporate leaders would have had the balls to do: he's giving back more than $3.25 million in compensation. According to the...
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Citigroup Maintains Buy on Sprint Nextel After Conference Call with CEO/CFO
Thursday, October 27, 2011 - 9:18am | 152Citigroup has published a research report on Sprint Nextel (NYSE: S) after hosting a conference call with the company's CEO Dan Hesse and CFO Joe Euteneuer to discuss 3Q earnings. In the report, Citigroup writes, "We remain a Buyer of Sprint and believe the prospects for a recovery in the share...
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Why Smart Money Loves Sprint
Wednesday, October 26, 2011 - 2:14pm | 782Sprint Nextel (NYSE: S) reported third quarter earnings this morning, reporting a mixed bag, beating on the bottom line, and missing on the top line. Shares are off 4 percent today, but are off the lows of the session. The Kansas City-based company reported a third quarter loss of 10 cents per...
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Sprint Nextel Off Lows As Company May Raise Money
Friday, October 7, 2011 - 12:53pm | 310Sprint Nextel Corporation (NYSE: S) shares are off their lows of the session, down 15 cents to $2.85, a loss of 5.3% after the company's CFO said the company may return to the public markets to raise capital to help fund the expansion, most notably as the company is purchasing nearly $20 billion...
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Four Things Sprint Needs More than the iPhone 5
Tuesday, October 4, 2011 - 12:30pm | 894Think the iPhone 5 can save Sprint from extinction? Think again. While not yet confirmed as of this writing, it seems as if Sprint (NYSE: S) has struck some kind of deal* to secure Apple's (NASDAQ: AAPL) undying support for the next several years. Rumors suggest that Sprint may have scored an...
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Sprint Nextel CEO Dan Hesse to Discuss the Future of Wireless and Innovation Enabled by 4G
Wednesday, September 15, 2010 - 10:16am | 94Technology Review and Sprint (NYSE: S) today announced that Sprint Nextel CEO Dan Hesse will deliver a keynote address at the 10th annual EmTech@MIT on the MIT Campus in Cambridge, Mass., Wednesday, Sept. 22, at 2:30 p.m. Eastern. Hesse's keynote, titled “What's Ahead in Wireless: Revolutionizing...