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Saturday 18 July 2015
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Active Stocks in Focus: Sprint Corporation (NYSE:S), SunEdison, Inc. (NYSE:SUNE), Phillips 66 (NYSE:PSX)

On Monday, Shares of Sprint Corporation (NYSE:S), lost -1.85% to $3.71, hitting its lowest level.

Sprint Corporation, introduces “Mobility-as-a-Service”, a new streamlined way for businesses to put the power of mobile technology in the hands of employees.

Unmatched in the wireless industry, Mobility-as-a-Service by Sprint takes the hassle out of equipping a workforce with wireless devices. With cost-effective and predictable pricing starting as low as $20 per month per employee, businesses simply pick a device, a data plan and a service term. Sprint delivers the devices, provides basic configuration and comprises additional dedicated customer support.

Too many companies are failing to capture the full power of mobile technology because equipping workers with devices and service has been so confusing and difficult. With many enterprises exploring Bring Your Own Device alternatives MaaS brings back simplicity and returns control of employees’ wireless usage back to the business.

Sprint now is the first national U.S. wireless carrier to end that frustration with a standard offer, accessible to any business with 15 or more lines of service.

Sprint Corporation, through its auxiliaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands.

Shares of SunEdison, Inc. (NYSE:SUNE), inclined 2.37% to $31.13, during its last trading session.

TerraForm Power, Inc. (TERP), and SunEdison, Inc. (SUNE), declared that TerraForm Power has signed a definitive agreement to acquire net ownership of 930 megawatt (MW) of wind power plants from Invenergy Wind LLC, the largest independent wind owner in the United States. This acquisition is predictable to add a sizeable, high-quality contracted power plant portfolio to the TerraForm Power and SunEdison family of companies, strengthening one of the largest and highest growth renewable power platforms in North America.

TerraForm Power Raising 2016 Guidance and Establishing Long-Term Growth Target

TerraForm Power is raising its preceding 2016 dividend target of $1.53 to 2016 dividend per share (DPS) guidance of $1.70, a 26 percent year-over-year enhance contrast to 2015 annual guidance. TerraForm Power is also updating its long-term DPS growth target to a 20 percent CAGR from its current first quarter dividend, driven by the raised visibility and growth offered by this transaction.

SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials.

Finally, Phillips 66 (NYSE:PSX), ended its last trade with 2.37% gain, and closed at $83.42.

Phillips 66, has declared a quarterly dividend of 56 cents per share on Phillips 66 common stock. The dividend is payable on Sept. 1, 2015, to shareholders of record as of the close of business on Aug. 17, 2015.

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks to its refineries and other locations; and delivers refined and specialty products, in addition to provides storage services for crude oil and petroleum products. This segment also gathers, processes, transports, and markets natural gas; and transports, fractionates, and markets natural gas liquids in the United States.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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