Sprint has signed a deal with the newly formed Mobile Leasing Solutions, LLC, which has been created by a group of equity investors including Sprintâs majority owner and parent company, Softbank Group. Roughly $1.1 billion cash infusion occurred through this sale and lease-back deal. Notably, Sprint anticipates sale of 2.5 million leased devices with a projected book value of $1.3 billion to Mobile Leasing Solutions. The lease-back deal is intended to reduce one of Sprintâs biggest expenses â the cost of buying millions of new devices.
SAN DIEGO - April 8, 2010 - Qualcomm Incorporated (Nasdaq: QCOM) today announced a quarterly cash dividend of $0.19 per common share, payable on June 25, 2010 to stockholders of record at the close of business on May 28, 2010.
A. Before 1978, employers reported your earnings to Social Security every three months and credits were called quarters of coverage or QCs. In those days, you got one QC if you earned at least $50 in a calendar quarter. But in 1978, the rules changed. Employers began reporting your earnings to the IRS and Social Security once a year. Credits are now based on your total wages and self-employment income during the calendar year, no matter when in the year you do the work. You can take all year to earn your four credits, or you can earn those credits in a much shorter period of time.