AT&T, the No.2 U.S. wireless carrier, also estimated reporting net subscriber additions for the quarter ended Dec. 31, mainly driven by the addition of more than 900,000 domestic wireless subscribers. AT&T also estimated there were more than 200,000 net additions of paying customers for its video service in the quarter, entirely driven by DirecTV Now. DirectTV Now is a streaming television service AT&T launched to help drive sales in a saturated cell phone market.
Mark Zuckerberg paid close to $100 million for 700 acres of beachfront property on the island of Kauai in 2014. Three holding companies controlled by Zuckerberg filed eight lawsuits in local court on December 30 against families who collectively inherited 14 parcels of land through the Kuleana Act, a Hawaiian law established in 1850 that for the first time gave natives the right to own the land that they lived on. The 14 parcels total just 8.04 of the 700 acres Zuckerberg owns, but the law gives any direct family member of a parcel's original owner the right to enter the otherwise private compound.
As bond yields rose, the prices of virtually everything paying an income stream got slammed. Some of my favorite dividend stocks, REITs and closed-end funds fell by 20% or more ... at a time when the broader stock market was rallying. This is where monthly dividend stocks come in handy.