On Friday, Shares of T-Mobile US Inc (NASDAQ:TMUS), added 0.56% and closed at $46.72 in the last trading session. The last trading range of the stock ranges between $46.19 and $47.22. T-Mobile (TMUS) recently declared it is extending and expanding its summer travel bonus. Starting October 1, the Un-carrier is giving customers unlimited high-speed data throughout South America and 19 European countries until 2017. T-Mobile postpaid customers get the fastest available data roaming speeds up to 4G LTE at no extra cost. And the best part? Those traveling to these countries and destinations don’t have to lift a finger to get these Un-carrier benefits. Your T-Mobile phone just works abroad—exactly like it should—for exactly $0 extra and zero effort for unlimited data and texting.
“THIS is what sets the Un-carrier apart. The carriers are always trying to take more from you. The Un-carrier is always trying to give more to you,” said John Legere, president and CEO of T-Mobile. “I’ve always thought roaming limits were nuts. So when we found a way to expand our free summer data offer, I said ‘Hell yeah!’”
To celebrate summer and the Rio Games, T-Mobile gave postpaid customers free high-speed data throughout Europe this summer and in Brazil during the games and Paralympics. And Un-carrier customers made the most of it, using over 3x more data this July and August than they did last year. Now, T-Mobile is keeping the summer travel season alive by extending free unlimited high-speed data through the end of the year in all of South America and 19 countries in Europe.
Eaton Corporation, PLC Ordinary Shares (NYSE:ETN), jumped 2.42% and closed at $65.71 in the last trading session. The last trading range of the stock ranges between $64.63 and $66.21. The company’s Market capitalization is $29.88 Billion with the total Outstanding Shares of 454.70 million. The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise attained securities of Eaton Corporation plc (“Eaton” or the “Company”) (NYSE: ETN) between November 13, 2013 and July 28, 2014.
You are hereby notified that a securities class action has begind in the USDC for the Southern District of New York. If you purchased or otherwise attained Eaton securities between November 13, 2013 and July 28, 2014, your rights may be affected by this action.
The complaint alleges that, throughout the Class Period, defendants issued false and misleading statements regarding the Company’s ability to divest its automobile-part manufacturing business, causing the stock to trade at artificially inflated prices.
In 2012, the Company merged with Cooper Industries plc, which reincorporated Eaton in Ireland. Following the merger and during the Class Period, Eaton executives falsely assured shareholders of the continued feasibility of divesting the Company’s automobile-part manufacturing business on a tax-free basis. Then on July 29, 2014, Eaton CEO Alexander M. Cutler informed shareholders that the Company was—and had been—”well aware” of tax-law restrictions related to the merger with Cooper which would make it infeasible to divest the vehicle business until late 2017.
Steel Dynamics, Inc. (NASDAQ:STLD), dropped -0.44% and closed at $24.99 in the last trading session. The last trading range of the stock ranges between $24.73 and $25.32. During the 52-week trading session the minimum price at which share price traded, registered at $15.32 and reached to max level of $28.01. Steel Dynamics, Inc. (NASDAQ/GS: STLD) recently offered third quarter 2016 earnings guidance in the range of $0.63 to $0.67 per diluted share, contrast to sequential second quarter 2016 earnings of $0.58 per diluted share and prior year third quarter earnings of $0.25 per diluted share.
Third quarter 2016 profitability from the company’s steel operations is expected to increase in comparison to sequential second quarter 2016 results, based on meaningful metal spread expansion. Average quarterly realized steel product pricing is expected to increase more than additional costs derived from higher priced ferrous scrap utilized in the quarter. However, lower steel shipments across the platform are expected to offset some of the positive margin impact. The anticipated earnings improvement is driven by the company’s flat roll operations. Demand from the heavy equipment, agricultural and energy sectors stay challenged, while the automotive sector remains strong and the construction market continues gradual improvement.
Profitably for the company’s metals recycling platform is expected to be lower for the third quarter 2016, contrast to the sequential second quarter. Both ferrous and non-ferrous shipments are expected to decline, and ferrous metal spread contraction is also expected as market prices have declined in the second half of the third quarter 2016.
The company’s fabrication platform continues to experience steady demand from the non-residential construction sector, with order entry remaining steady. Third quarter 2016 fabrication shipments are expected to remain consistent with sequential product pricing improvement. However, higher raw material flat roll steel costs are expected to result in metal spread compression and lower sequential fabrication earnings for the third quarter 2016.