|Bid||0.00 x 150000|
|Ask||0.00 x 150000|
|Day's Range||84.75 - 86.00|
|52 Week Range||72.60 - 88.55|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's says,the ratings of AT&T Inc. (AT&T, Baa2 stable) are unchanged following the July 12 filing of a Notice of Appeal by the US Department of Justice (DOJ) of the June 12, 2018 judgment in their lawsuit on behalf of the US Government (the Government) to block the merger of AT&T and Time Warner Inc. (Time Warner, Baa2 stable).
In the most recent events regarding the AT&T ( T)and Time Warner ( TWX) merger case, the U.S. Justice Department has decided to appeal the merger approval on July 12. Now the case will go before the Washington D.C. Circuit Court of Appeals, where a three-judge panel will hear the appeal. Theoretically, the case could end up at the Supreme Court, which could be interesting as the Supreme Court has not taken a merger case in nearly five decades.
Telecom stocks are tough to buy right now. When it comes to telecom stocks, there are just so many headwinds. Meanwhile, adverse wireless pricing trends have been a problem for several years, voice-related businesses are becoming a relic of the past, and competition from technology companies on all fronts is only getting stiffer.
Named after Alexander Graham Bell’s invention of the telephone, the American Telephone and Telegraph Company was born in 1875. In 1984, the Bell System was broken up into eight different companies, spawning AT&T Inc. (NYSE: T). AT&T is a global networking leader that delivers consumers and businesses leading voice over internet protocol (IP) services. AT&T was attempting to merge with Time Warner ( TWX), but had run into opposition from the government.
One of the signs of a solid company is that it can swim against the tide of a negative market trend. In the last couple of weeks, as most stocks have been treading water or falling, Netflix (NASDAQ:NFLX) has continued its steady path upward.
Ever since a federal judge approved the mega-merger between AT&T (NYSE:T) and Time Warner (NYSE:TWX), Comcast and Walt Disney Co (NYSE:DIS) have upped the ante in their acquisition pursuits of Twenty-First Century Fox Inc (NASDAQ:FOXA). Comcast rivaled that with a $35 bid last week. This is all great news for Fox.
While AT&T Inc. (NYSE:T) has gone haring off after video content with its Time Warner Corp. (NYSE:TWX) acquisition, Verizon Communications Inc. (NYSE:VZ) seems to have stayed at home, hiring a telecom equipment executive as its next CEO. It will be interesting to see what he does for Verizon stock. The trouble is, Verizon can’t afford to play the big media game.
A recent revelation in business is that subscription models are a gold standard for making money. A subscription service locks consumers in to pay some amount every month and/or every year. Thus, subscription revenues are annually recurring, meaning they don’t have much volatility because they happen every year.
NEW YORK , June 15, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500 and S&P SmallCap 600: NVIDIA Corp. (NASD: NVDA) will replace Time Warner Inc. (NYSE: ...
Moody's Investors Service (Moody's) downgraded the senior unsecured ratings of AT&T Inc. (AT&T) to Baa2 from Baa1 due to AT&T's elevated leverage following its merger with Time Warner Inc. (Time Warner, Baa2 stable) for approximately $81 billion. AT&T funded the merger with a mix of 50% equity and 50% cash and the assumption of Time Warner debt.
The U.S. imposed tariffs on about $50 billion in imports from China. closed the $85.4 billion purchase Time Warner Inc. For the week the Dow fell 0.89%, the S&P 500 rose 0.01% and the Nasdaq climbed 1.32%.
Borrowing a page from Netflix, Inc. (NASDAQ:NFLX), iPhone maker Apple Inc. (NASDAQ:AAPL) is in negotiations to produce its first movie. The impending Apple feature film, according to the unconfirmed report from Bloomberg, would be an animated flick made by Irish studio Cartoon Saloon. The most interesting aspect of the story: The film may be shown in theaters as well as streamed digitally via (presumably) Apple’s iTunes.
Lions Gate Entertainment Corp. (USA) (NYSE:LGF.A,)(NYSE:LGF.B) is seeing a move upward on the approved merger of AT&T Inc. (NYSE:T) and Time Warner Inc (NYSE:TWX). With takeover approval, Lions Gate stock has gained interest on the theory that it too will become a takeover target. Media providers have targeted content companies to boost earnings amid declining profitability in their core industries. Both the size and the apparent low price of Lions Gate stock make the company an obvious acquisition target.
Media company Comcast Corp’s record all-cash US$65bn bid to buy Twenty-First Century Fox’s media assets, a day after AT&T’s long-sought acquisition of Time Warner received a green light, signals an oncoming wave of M&A that banks will aggressively compete to finance. The federal judge’s ruling in favor of the US$85bn AT&T/Time Warner tie-up, first announced in October 2016, without any conditions, removed an obstacle for debt markets after several huge, high profile technology and healthcare deals were scuttled by antitrust or national security concerns. Comcast, in announcing its Walt Disney Co-topping bid, said it had “highly confident” letters from Bank of America Merrill Lynch and Wells Fargo that the banks can secure the needed financing for the proposed acquisition.
Some of the largest hedge funds located around AT&T’s Dallas headquarters own positions in the telecom giant, according to their latest regulatory filings, and may stand to benefit from a court ruling Tuesday clearing the way for a merger with Time Warner.
AT&T's Stephenson says he feels "relief" at winning the company's court case against the government on the Time Warner deal. The $85.4 billion acquisition closed late Thursday, but t he Justice Department could still appeal the decision. Stephenson says he's not worried about government retribution.
Recent stories on Netflix, Amazon, Hulu and other streaming services reported by The Business Journals and elsewhere.
AT&T already gets two minutes of ad space per TV hour to sell on DirecTV. Time Warner’s Turner cable channels, which include CNN, TNT and TBS, will give it about 14 more minutes per hour. AT&T’s pitch to advertisers is that they can be spending money more efficiently.
Time Warner Inc (NYSE:TWX) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case ofRead More...
Judge Approves AT&T–Time Warner Merger: Disney and Fox Next? A federal judge has given merger approval for AT&T (T) and Time Warner (TWX), thus boosting investor confidence in Time Warner stock. Of the 26 analysts covering Time Warner, nine of them have rated the stock a “buy,” and 17 have rated it a “hold.” None of them have given the stock a “sell” rating.
LONDON, UK / ACCESSWIRE / June 15, 2018 / If you want access to our free research report on AT&T Inc. (NYSE: T), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=T as the Company’s latest news hit the wire. On June 12, 2018, the US District Judge Richard J. Leon ruled that AT&T can complete the acquisition of Time Warner Inc. (NYSE: TWX).
U.S. stock futures were tumbling on Friday, June 15, as Donald Trump reportedly was set to impose tariffs on about $50 billion in imports from China. The Trump administration, which is expected to make an announcement on Friday, has made claims the additional tariffs are justified because of the theft of intellectual property by China. In this environment, you need a tip from TheStreet's founder Jim Cramer.