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Wednesday 6 January 2016
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Active Stocks in Queue: Sprint Corporation (NYSE:S), Cabot Oil & Gas Corporation (NYSE:COG), CenturyLink, Inc. (NYSE:CTL),

On Tuesday, Shares of Sprint Corporation (NYSE:S), lost -0.22% to $4.60.

Sprint Corporation has generated returns of -46.42% in the trailing 12 months (or TTM) for investors and -27.91% in the trailing one-month period. In comparison, it generated -60.09% returns in 2014.

On August 5, 2015, the last trading price of Sprint was $3.15. The firm was trading at 8.72%, 32.84, and 38.45% below the 20-day, 50-day, and 100-day moving averages, respectively.

Out of 32 analysts covering Sprint’s stock, three offered a “buy” recommendation; nine have a “sell” recommendation, and 20 have a “hold” recommendation. The median analyst stock price target for the firm is $4.10, with a high target estimate of $7.10 and a low target estimate of $2.00. Sprint is trading at a discount of 30.16% with respect to its median target and looks to be an attractive buy at current levels.

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 Cabot Oil & Gas Corporation (NYSE:COG), declined -3.18% to $21.30, during its last trading session, hitting its lowest level, despite oil rose as much as 3 per cent on Tuesday as oversold conditions brought some buyers back to the market, but a lingering supply glut and worries about the slowing economy in top commodities consumer China kept crude prices near 6-1/2-year lows.

Futures of US crude and Brent, the global oil benchmark, are both down more than 16 per cent on the month. About half of those losses were incurred in the past two sessions as plummeting Chinese equities sparked a selloff across global markets.

Cabot Oil & Gas Corporation, an independent oil and gas company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States.

Finally, CenturyLink, Inc. (NYSE:CTL), ended its last trade with -2.67% loss, and closed at $25.17.

CenturyLink declared that its Board of Directors voted to declare a regular quarterly cash dividend of $0.54 per share, a portion of which will be payable out of capital surplus, on September 22, 2015, to shareholders of record on September 8, 2015.

CenturyLink, Inc. provides various communications services to residential, business, governmental, and wholesale customers in the United States. It operates through two segments, Business and Consumer.

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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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