Why should the world give a rat ha$$ for what Paul has bought and what he is doing?
It is understood that the nation is experiencing a shortage of gas but that is no reason for the CNBS staff to consume more beans.
Sam's no-compete-clause expires in 2 days 2 hours and 26 minutes. Don't let his appearance fool you. He is a very smart man, knows the IT industry, customer and more importantly yet, the financials. Unlike the big mouth Meg Whitman, he has a set of undisputable accomplishments, IMO. Of course, this is all subject to Kramer's approval.
1. Sam Palisamo will replace "Call-me-John." Odds: 2 to 5.
2. The stock price reacts to this announcement and moves to high twenties.
3. On February 11th, earnings exceed analyst projections by a penny or two.
4. The dividend gets bumped up to $0.80 during the next dividend declaration meeting expected in March.
Remember, if you are frustrated with "Call-me-John," you will need to know that Corporate America is a true form of dictatorship where logic and common sense does not apply.
Is this your opinion or is it factual? You need not explain the implications of the date you posted; very clear to me.
Despite of intense financial engineering, the revenue growth simply isn't there. Did someone say WANG?
"Call me Juan" will be replaced by Kramer.
For the last several decades, Sprint hasn't accomplished much in the competitive landscape. No reason to believe that history won't repeat itself, but wait I almost forgot about this youngster from Japan who claims to crush T as well as VZ. To that I say, keep dreaming man.
Sentiment: Strong Buy
Analysts are upbeat when covering VZ and lukewarm about AT&T. How can this be while the numbers clearly shows the AT&T stock to be far superior to VZ?
The answer is rather simple and happens to have a political dimension. How so? With the pending Vodaphone buyout/divesture, about $100B will exchange hands and the analysts are no dummies, they simply want a piece of the action. And now, you know the rest of the story.
There has to be a balance between the two. Companies typically cut down on CAPX to make the numbers compute. The AT&T management seems to be confused as to what their priorities are.
AT&T will become the first choice in data transmission. How so? The fact that IBM has chosen AT&T for data transmission clearly illustrates the undisputable strength the company has.
The high yield corporate bonds yield stands at 6.00%, i.e. HYG. Based on that number, the AT&T stock offers a tremendous value at yields of 5.00% with credit ratings far above the corporate high yields level.
Working the numbers based on yield alone, never mind the fact that the company has increased the dividends for the last 25 to 30 years and continue to do so, the FV of the stock price is in the $40.00 to 45.00 range.
Yes and no. First the yes part. In an environment where making the numbers or missing the them by just "one" penny is surely and important factor to consider. The newly announced administrative charges will add only "one" penny to the earnings per year.
And then the no part. Increasing the earnings by just one penny can be viewed as rather insignificant.
In their 8K filing, AT&T states that they have closed the global bond offering maturing in 2043 for the equivalent amount of $1.56B carrying interest rate of 4.25%. Overall, I would rate this move as positive although the rate seems a bit on the high side and also would have expected the face value to be larger than what is stated in the May 15th filing but still this is a positive move to take advantage of the current low rates. Going by the Friday's stock price action, the market doesn't seem to positively have reacted to this offering given that there are many moving parts to affect the stock price the most important one being competition such as DISH, Sprint, you name it. I am not terribly thrilled about VZ and the hoopla generated in the press and do not agree with the optimism expressed by Barclay.
Sooner or later, people who are on the buying side will run out of stocks to buy never mind the healthy dividend. All the utilities are up. It is given that this stock will go up. Will it hit the $45.00 mark? Perhaps but the $42.00 mark should be reached without any difficulties.