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Tuesday 18 August 2015
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Active Stocks on the Move: Sprint Corporation (NYSE:S), Alcatel-Lucent (NYSE:ALU), Linn Co, LLC (NASDAQ:LNCO)

On Monday, Shares of Sprint Corporation (NYSE:S), surged 10.05% to $4.60.

Sprint Corporation unveils a simple, yet powerful offer for iPhone fans recently: iPhone Forever, only from Sprint. Anytime customers don’t have the latest iPhone, they are eligible to upgrade.

iPhone Forever

Starting today, new and upgrade eligible Sprint customers can get iPhone for just $22 per month with iPhone Forever. Anytime customers don’t have the latest iPhone, they are eligible to upgrade. They bring their iPhone, upgrade on the spot and away they go. It’s that simple. iPhone Forever is accessible on any eligible Sprint rate plan and upgrade eligibility is always comprised of in your price. Qualified customers can get1 a 16GB iPhone 6 model at Sprint branded retail stores, Sprint.com, 1-800-Sprint-1, Best Buy and Target.

Trade-in Offer

Through Dec. 31, 2015, customers on any other carrier or existing Sprint customers who are upgrade eligible and turn-in any smartphone will get a promotional rate of just $15 per month on a new iPhone. When they upgrade to the latest iPhone after Dec. 31, their monthly lease rate returns to current lease pricing, $22 per month.

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 Alcatel-Lucent (NYSE:ALU), inclined 0.86% to $3.53, during its last trading session.

Alcatel-Lucent is to deploy its Rapport™ communications software with the world’s largest telecommunications service provider, China Mobile, enabling it to simplify and consolidate video, voice and messaging services onto a single platform.

As a result of the deployment, China Mobile will be able to offer high-quality, high-definition VoLTE (voice over LTE) services for the first time in China, paving the way for future cloud-based services.

China Mobile will be able to leverage Rapport’s native APIs and WebRTC (Web Real Time Communications) capabilities to create new contextual applications and services, enabling subscribers to personalize how they connect with others using video, voice and messaging on any connected device. The deployment will also set the stage for China Mobile to offer new services through the use of voice over Wi-Fi®.

In addition to enhancing the subscriber experience with all-IP services, VoLTE allows communications providers such as China Mobile to migrate 3G networks to LTE and re-use spectrum, to realize new cost and operational efficiencies.

Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.

Finally, Linn Co, LLC (NASDAQ:LNCO), ended its last trade with -7.05% loss, and closed at $2.90, hitting its lowest level, as oil fell about 1 percent on Monday, with U.S. crude settling within range of a new 6-1/2-year low, after No. 3 oil consumer Japan said its economy contracted in the second quarter and China’s slowdown continued to weigh on sentiment, according to Reuters.

U.S. light crude CLc1 settled down 63 cents, or 1.5 percent, at $41.87 a barrel. Monday’s intraday low of $41.64 came within striking distance of Friday’s low of $41.35, the weakest front-month price since March 2009. Trading in expiring options for U.S. crude dominated the action. Reuters Reports

Brent LCOc1, the global crude benchmark, settled down 45 cents, or nearly 1 percent, at $48.74 a barrel. It earlier hit a session low of $48.35, about $3 above its six-year low of $45.19 set in January. Reuters added.

LinnCo, LLC, through its limited liability company interests in Linn Energy, LLC, focuses on the acquisition and development of oil and natural gas properties in the United States. The company was founded in 2012 and headquartered in Houston, Texas.

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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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