On Thursday, Shares of Sprint Corporation (NYSE:S), lost -1.91% to $4.63.
Kevin Crull will join Sprint Corporation as chief marketing officer effective May 31, 2015.
In his new role, Crull will be responsible for all products and services, brand and advertising, customer acquisition and retention, and all digital and social efforts. Crull will report to President and CEO Marcelo Claure.
Crull will be a vital contributor to Sprint’s leadership team, charged with attracting new customers and advancing the company’s push for greater innovation.
Crull brings to Sprint 30 years of experience leading sales, marketing and operations teams. Most recently, Crull served nearly five years as chief operating officer and then president of Bell Media, Canada’s largest media and broadcasting company. At Bell, Crull led the acquisition of CTV Globemedia in late 2010, creating the foundation for Bell Media, Inc. Following that he led the acquisition and integration of Astral Media in 2012 and 2013. Under Crull, CTV, Bell Media’s flagship broadcast network, boasted four of the top five Canadian-produced television programs and 14 of the top 20 programs over all, delivering consistent ratings growth in an intensely competitive market.
Sprint Corporation provides wireless and wireline communications services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S. Virgin Islands. It operates in two segments, Wireless and Wireline.
On Thursday,Stocks were modestly lower, pulled down by energy companies as signs of an impending rate hike from the Federal Reserve pushed safe-haven assets such as the U.S. dollar higher and crude oil prices lower.
Shares of Southwestern Energy Co. (NYSE:SWN), declined -3.68% to $25.68, during its last trading session.
Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. The company operates in two segments, Exploration, Development and Production; and Midstream Services.
Market operator Hong Kong Exchanges and Clearing (HKEx), banks and other financial stocks were hit hardest in Thursday’s slump in Hong Kong and Shanghai, triggered by a central government agency’s selling down of two major banking stocks.
Analysts said banks and other financial stocks would continue to come under pressure as the market was worried Beijing might resort to other tightening policies to cool the red-hot mainland stock market.
At the end of Thursday’s trade, Shares of Fifth Third Bancorp (NASDAQ:FITB), lost -0.10% to $20.59.
Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors.
Finally, Schlumberger Limited (NYSE:SLB), ended its last trade with -0.38% loss, and closed at $90.65.
OneSubsea®, a Cameron (CAM) and Schlumberger Limited, has been awarded a subsea production systems contract totaling more than $330 million for a gas project offshore North Africa.
The scope of supply for the 13-well development comprises subsea production equipment, tooling, and installation and commissioning services. Deliveries are predictable to start Q3 2016.
“The award represents phase two of this development and is the largest award for a subsea production system within the North Africa region to date,” said Cameron Chairman and Chief Executive Officer Jack Moore. “Having already supplied the first phase of this development, OneSubsea now looks forward to progressing with this second phase.”
Schlumberger Limited supplies technology, integrated project administration, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments.
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