|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||80.35 - 80.35|
|52 Week Range||80.35 - 80.35|
|Beta (3Y Monthly)||0.41|
|PE Ratio (TTM)||21.08|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Dish Network is more than likely not dishing into purchasing DirecTV, sources close to Dish CEO Charlie Ergen told the New York Post.
Yesterday, Pennsylvania joined other states in a lawsuit to block the $26.0 billion T-Mobile–Sprint merger. It is the 18th state trying the stop the deal.
Pennsylvania is joining more than a dozen states that have filed a lawsuit aimed at stopping T-Mobile US's $26 billion purchase of Sprint, New York Attorney General Letitia James said in a statement on Wednesday. The U.S. District Court in Manhattan has ordered that the trial be delayed to Dec. 9, a victory for the states, which said they needed more time to investigate the deal. The Federal Communications Commission has indicated it plans to approve it and has begun the process of formally doing so.
Sprint (S) stock fell about 0.88% on Tuesday and closed the trading day at $6.78. It was trading 15.88% below the 52-week high of $8.06.
The activist investor wants AT&T to commit to increasing its dividend by 2% a year and spend of its remaining free cash flow on buybacks and half on debt repayment.
AT&T; rose almost 4.6% in the week that ended on September 13 to close at $37.91. AT&T; has been rising since the beginning of 2019 after struggling in 2018.
Last week, Illinois joined 15 other states in efforts to stop T-Mobile and Sprint from merging. Let's take a look at how Dish could benefit.
Currently, T-Mobile (TMUS) stock is trading at 19.75x analysts' fiscal 2019 EPS estimate of $4.01, and 16.50x their fiscal 2020 estimate of $4.80.
Shares of T-Mobile and Sprint have been trading in a narrow range since last month. The uncertainty of their pending merger has driven their performances.
AT&T;’s Q2 operating cash flow rose 39.6% YoY to $14.3 billion. AT&T; expects its free cash flow to grow 25.3% YoY to $28 billion in 2019.
T-Mobile has paused some of its 5G network deployment efforts amid its pending Sprint merger. The stock fell 1.2% on Tuesday and closed at $77.13.
On Tuesday, AT&T; announced the appointment of John Stankey as its president and COO—a new position. AT&T; stock rose 0.3% and closed at $35.38 on the day.
T-Mobile US retail employees and technicians delivered a letter late Tuesday for Deutsche Telekom CEO Tim Hoettges, seeking assurances that their jobs and paychecks will be safe if the wireless carrier is allowed to merge with Sprint, its smaller rival. T-Mobile Workers United, with about 500 members and backed by the Communications Workers of America and the German union ver.di, urged Hoettges to "make solid and verifiable" assurances that jobs will be safe, paychecks will not shrink and management will not interfere in union activities. Deutsche Telekom, which owns 63% of T-Mobile, did not immediately reply to a request for comment.
Sprint (S) stock fell 9.7% in August and closed at $6.79. However, Sprint rose 0.7% in the last five trading days of August and is up 16.7% year-to-date.
Illinois has joined a multistate lawsuit aimed at stopping the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp, the New York attorney general's office, which is leading the effort along with California, said on Tuesday. Illinois joins 15 other states and the District of Columbia in seeking to stop the $26 billion merger, which the states argue will lead to higher costs for consumers. A spokeswoman for T-Mobile said the company had no comment.
Illinois has joined a multistate lawsuit aimed at stopping the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , the New York attorney general's office, which is leading the effort along with California, said on Tuesday. Illinois joins 15 other states and the District of Columbia in seeking to stop the $26 billion merger, which the states argue will lead to higher costs for consumers. A spokeswoman for T-Mobile said the company had no comment.