- Reuters•8 minutes ago
Senior executives of telecommunications company AT&T Inc and media conglomerate Time Warner Inc have discussed various business strategies including a possible merger in recent weeks, Bloomberg reported on Thursday, citing people it said were familiar with the matter. Time Warner shares jumped 4.7 percent in regular trading and slightly extended gains after hours. AT&T shares slipped 1.8 percent.
- Reuters•51 minutes ago
Two consortiums presented bids to build and run Mexico's 700MHz wholesale mobile network, the communications and transport ministry said on Thursday, as the long-delayed tender for the ambitious but risky project nears completion. The network, which must cover at least 85 percent of the population, was part of a sweeping telecoms reform aimed at curbing the dominance of Carlos Slim's America Movil. A consortium called Altan, which includes Mexican companies Megacable and Axtel, presented one of the bids.
- Barrons.com•2 hours ago
Now AT&T is just getting greedy. A year after spending $50 billion for DirectTV, the telecom giant reportedly wants to buy Time Warner, owner of HBO, CNN, and the Warner Brothers movie studio. Shares of Time Warner popped as much as 9% Thursday on the news from Bloomberg before closing the day up 4.7% to $83.
AT&T, Inc. (T)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||38.69 x 600|
|Ask||38.71 x 1500|
|Day's Range||38.50 - 39.08|
|52wk Range||32.22 - 43.89|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||16.67|
|Avg Vol (3m)||19,384,306|
|Dividend & Yield||1.92 (4.88%)|