Sprint has signed a deal with the newly formed Mobile Leasing Solutions, LLC, which has been created by a group of equity investors including Sprintâs majority owner and parent company, Softbank Group. Roughly $1.1 billion cash infusion occurred through this sale and lease-back deal. Notably, Sprint anticipates sale of 2.5 million leased devices with a projected book value of $1.3 billion to Mobile Leasing Solutions. The lease-back deal is intended to reduce one of Sprintâs biggest expenses â the cost of buying millions of new devices.
SAN DIEGO - April 8, 2010 - Qualcomm Incorporated (Nasdaq: QCOM) today announced a quarterly cash dividend of $0.19 per common share, payable on June 25, 2010 to stockholders of record at the close of business on May 28, 2010.
Enter the ticker symbol of the stock in question -- let's say it's Qualcomm (NASDAQ:QCOM), for example -- and then click Go.. On the page you get, below a horizontal yellow bar and above the recent stock price, you'll see a bunch of links. Click on the Historical Quotes one. Now you can enter a date. On Monday, Jan. 3, 2000, for example, Qualcomm's closing price was $179.31. The page also tells you that the split-adjusted price is $89.66. That's important. Note that the stock has recently been trading around $40 per share. You might think that it has fallen some 78%, from $179 to $40. Not so. There were stock splits in the interim, which makes the price of $179 in January 2000 equal to about $90. So the stock is really down some 56%, from $90 to $40. That's not great, but it's less terrible.