Sprint Nextel and Microsoft Rise as Active Stocks in Today’s Trading
Sprint Nextel Corporation (NYSE:S): AT&T (NYSE:T) is complaining that changes to Sprint’s (NYSE:S) network in Oklahoma and Kansas will see it shut down some of its own coverage in favor of roaming agreements, which Sprint disputed in its own reply, reported The Verge. AT&T noted that the FCC regulations that allowed the network changes are going before an appeals court later this year, the report added.
Microsoft Corporation (NASDAQ:MSFT): The shareholders of Facebook, which is preparing an IPO, are looking at a three day suspension of trading on secondary markets this week, sources say, reports Bloomberg. Buy and sell orders can still be made, but transactions won’t be processed by Facebook’s attorneys beginningtoday until January 27. The halt only pertains to trading of Facebook shares.
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