Schnitzer Steel Witnesses A Strong Quarter On The Back Of Strong Domestic Demand

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) is a steel recycling and scrap manufacturing company based out of Portland, Oregon. The company reported third-quarter financial results on 31st May 2022. MarketBeat.com – MarketBeat Highlights: -Results came in better than expected as the company benefited from domestic non-ferrous sales.-Net income came in at $75 million, versus $65…

Sprint’s network is officially shutting down

US wireless carrier Sprint’s remaining LTE towers have begun their official shutdowns, a T-Mobile spokesperson confirmed to The Verge. It’s been over two years since T-Mobile’s acquisition of Sprint went through April of 2020 including its network, stores, assets, spectrum, towers, and customers. T-Mobile has decommissioned Sprint’s wireless spectrum from its 3G and LTE networks…