Stamford, CT -- (SBWIRE) -- 05/02/2013 -- Jet Life Penny Stocks provides investors with the Best penny stock alerts on a regular basis. We will send you alerts through our Penny Stock Newsletters and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Our today’s focus is on: Ixia (NASDAQ:XXIA) and MetroPCS Communications Inc. (NYSE:PCS)
T-Mobile US Inc., the fourth-largest US wireless firm, jumped up 6 percent in its initial day of trading on the New York Stock Exchange following uniting with MetroPCS Communications Inc. (NYSE:PCS), a lower opponent.
The stock, which trades under the latest ticker TMUS, jumped up to $16.52 at the end lose in New York. T-Mobile took the spot of MetroPCS (PCS) on the exchange following the reverse merger. The latest company, which also modified its name by dropping the “A” from T-Mobile USA, would still be situated at the carrier’s present headquarters in Bellevue, Washington.
How MetroPCS gained investors’ attention after this move? Find out here
The transaction provides Deutsche Telekom AG (DTE), T-Mobile’s owner, a 74 percent hold in the entity and MetroPCS investors a cash payment of $1.5 billion, or $4.06 per share, along with the rest of stake in the firm. T-Mobile Chief Executive Officer John Legere reported on today that he greeted the hiked scrutiny that comes with being a publicly listed stock.
How Ixia gained investors attention after this move? Find out here
Ixia (NASDAQ:XXIA) on Tuesday declared its financial earnings for the first quarter concluded on March 31, 2013. Overall revenue for the 2013 first quarter came in $122.8 million, in contrast with $86.7 million announced for the 2012 first quarter.
The 2013 first quarter contains $38.4 million in revenue from the latest takeovers of Anue Systems, Inc. (“Anue”) and BreakingPoint Systems (“BreakingPoint”), which ended in June and August 2012, respectively.
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