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Follow-Up News on Selected Stocks: (NYSE:PCS), (NYSE:XIV)


New York, NY -- (ReleaseWire) -- 04/23/2013 --MetroPCS Communications, Inc. (NYSE: PCS) will issue a press release reporting financial and operational results for the first quarter of 2013 on Thursday, April 25, 2013 at 6:00 a.m. Eastern Time (ET).

Dallas-based MetroPCS Communications, Inc. (PCS) is a provider of no annual contract, unlimited wireless communications service for a flat-rate. MetroPCS is the fifth largest facilities-based wireless carrier in the United States based on number of subscribers served. With Metro USA(SM), MetroPCS customers can use their service in areas throughout the United States covering a population of over 280 million people. As of December 31, 2012, MetroPCS had approximately 8.9 million subscribers.

Find out more on PCS here:

VelocityShares Daily Inverse VIX Short Term ETN (NYSE: XIV) traded at $ 21.75 in the last session, which is +0.47 (2.21%). The stock has a Range of 20.74 - 22.01. The stock has a 52 week low and high of 8.07 - 25.69 respectively. The stock has a Market Cap of 522.46M. The stock traded a volume of 1.36 M in its last session.

The investment seeks to replicate, net of expenses, the inverse of the daily performance of the S&P 500 VIX Short-Term Futures index. The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 Index at various points along the volatility forward curve. The calculation of the VIX is based on prices of put and call options on the S&P 500 Index. The ETNs are linked to the daily inverse return of the index and do not represent an investment in the inverse of the VIX.

Find out more on XIV here:

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