The Federal Reserve Seeks Penalties against Higher One Holdings; The FCC could Relax Position on Sprint and T-Mobile Merger

Follow this company

Companies Mentioned

05/16/2014 [ACCESSWIRE]

Higher One Holdings, Inc. (NYSE: ONE) - For an in-depth report on Higher One Holdings, Inc. follow:

Shares of Higher One Holdings Inc. closed down 24.85% on Thursday with about 2.2 million shares traded. The stock was one of the biggest decliners on the NYSE and hit a new yearly low of $3.63 during intra-day trading. In the company’s latest SEC quarterly filing, it was revealed that the Federal Reserve is seeking penalties against the company, which could cause it to default on a loan.

Sprint Corporation (NYSE: S) - For an in-depth report on Sprint Corporation follow:

Shares of S closed up 6.01% on Thursday with about 39.3 million shares traded. The stock was one of the biggest gainers on the NYSE. The FCC may be relaxing its position on a possible Sprint and T-Mobile merger. The Wall Street Journal reported Democratic FCC commissioner Jessica Rosenworcel has said privately the two mobile carriers may not stay viable without a tie-up.

Wal-Mart Stores Inc. (NYSE: WMT) - For an in-depth report on Wal-Mart Stores Inc. follow:

Wal-Mart Stores Inc. closed down 2.43% on about 13 million shares traded. The stock was one of the biggest movers on the NYSE. It was revealed that Warren Buffet has added to Berkshire Hathaway's bet on the company by increasing its stake in the retailer by 17 percent to 58.05 million shares during the first quarter.

Worlds Online Inc. (OTCBB: WORX) - For an in-depth report on Worlds Online Inc. follow:

Shares of Worlds Online Inc. closed up 45.24% on about 960,000 shares traded. The stock was one of the biggest gainers in the OTCBB market despite no news. The company announced last month that it has signed a Letter of Intent (LOI) to acquire Sigal Consulting. The proposed acquisition would diversify WORX's operational business into the growing licensed medical marijuana industry, a result of WORX's exploration of new business opportunities to create value for its shareholders.


Disclosure: is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please read our report and visit our website, for complete risks and disclosures.


Leave a comment...

Your Name