Must Watch News: Pfizer Inc, AT&T, Alpha Natural Resources, Sprint Corporation

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Must Watch News: Pfizer Inc, AT&T, Alpha Natural Resources, Sprint Corporation

NEW YORK / ACCESSWIRE / May 27, 2014 / Market Buzz Report, which provides up to date coverage, commentary and alerts on OTC and NASDAQ Stocks, issues critical stocks analysis for Pfizer Inc, AT&T, Alpha Natural Resources, Sprint Corporation.

Pfizer Inc. (NYSE:PFE)’s shares declined 0.57% to $29.49. The company on May 26 abandoned its attempt to buy AstraZeneca for nearly 70 billion pounds ($118 billion) as a deadline approached without a last-minute change of heart by the British drugmaker. The decision ends a month-long public fight between two of the world's biggest pharmaceutical companies that sparked political concerns on both sides of Atlantic over jobs and corporate tax maneuvers.

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Additionally, the company on May 12 announced the pricing of a debt offering consisting of five tranches of notes: $1,000,000,000 aggregate principal amount of 1.1% notes due 2017; $500,000,000 aggregate principal amount of floating rate notes due 2017; $1,500,000,000 aggregate principal amount of 2.1% notes due 2019; $1,000,000,000 aggregate principal amount of 3.4% notes due 2024; $500,000,000 aggregate principal amount of 4.4% notes due 2044.

AT&T, Inc. (NYSE:T)’s shares dropped 0.17% to $35.32. The company on May 23 announced that it has launched Digital Life in Greenville, SC, along with five other markets: Omaha, N.E., Toledo, Ohio, Beaumont, Texas, Cape Coral, FL. and Oxnard, Calif. AT&T Digital Life ® makes customers' lives easier by simplifying the management of their home. Digital Life offers security, convenience and peace of mind, in a customizable and easy-to-use experience from smartphones, tablets or computer.

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Additionally, the company will webcast a presentation by Steve Caniano, Vice President, AT&T Global Business Solutions, at the Cowen and Company 42nd Annual Technology, Media & Telecom Conference in New York on Wednesday, May 28 at 9:30 a.m. ET.

Alpha Natural Resources, Inc. (NYSE:ANR)’s shares declined 3.38% to $3.72. The company on May 13 announced the pricing of its private offering of $500 million aggregate principal amount of 7.50% senior secured second lien notes due 2020.  The offering is expected to close on May 20, 2014, subject to customary closing conditions.

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The notes will be guaranteed by each of Alpha's current and future wholly owned domestic subsidiaries that guarantee Alpha's obligations under Alpha's credit agreement.  The notes and the guarantees will be secured by second priority liens on the same collateral securing on a first priority lien basis indebtedness incurred under the credit agreement, and will consist of substantially all of Alpha's assets and the assets of Alpha's subsidiary guarantors. 

Sprint Corporation(NYSE:S)’s shares jumped 1.99% to $9.24. Sprint’s stock has been initiated with a Market Perform at Bernstein on May 22 and price target set at $8.

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Additionally, Sprint Corporation and NTELOS Holdings Corp. (NTLS) on May 22 announced that Sprint and NTELOS Inc. ("nTelos") reached an amended agreement to extend their Strategic Network Alliance ("SNA") through 2022. Under the agreement, nTelos will continue to serve as the exclusive network provider for Sprint in the SNA territory, which covers approximately 2.1 million people in West Virginia and the western part of Virginia. In addition, Sprint customers will gain access to nTelos's recently launched 4G LTE network and nTelos will have access to Sprint's 800 MHz, 1.9 GHz and 2.5 GHz spectrum throughout the territory. nTelos plans to maximize the network experience for both its retail and wholesale customers by committing to expand and build its 4G LTE network in the SNA territory to specifications aligned with Sprint's network modernization program. is an investment community that focuses on MicroCap Securities. is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. does not have any position in any of the mentioned companies and has NO such intention to purchase any shares long or short in the open market over the next 72 hours. If you would like more information regarding our news coverage solutions, please visit for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at Follow us on Facebook: up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PREPROMO to 27126 (SMS alerts are free, however data rates may apply, check your wireless plan for details.). 

SOURCE: Market Buzz Report