|Bid||316.01 x 1000|
|Ask||316.20 x 1100|
|Day's Range||308.59 - 317.51|
|52 Week Range||250.10 - 396.64|
|Beta (3Y Monthly)||1.37|
|PE Ratio (TTM)||8.69|
|Earnings Date||Oct 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||377.36|
AT&T’s (T) DIRECTV NOW is a video streaming service that delivers content directly to users over the Internet as an alternative to subscribing to traditional cable or satellite services. Wall Street analysts are confident about the robust growth in the DIRECTV NOW customer base from improved services as well as bundling the company’s wireless–video services. AT&T expects to gain 320,000 DIRECTV NOW subscribers in the third quarter.
What's Next for Tech Stocks after Wednesday’s Sell-Off? Telecom giant Verizon (VZ) stock reached a 52-week high of $55.90 per share on October 10 and closed at $54.33 per share. Based on that closing price, Verizon has a market capitalization of ~$224.5 billion, the second largest after AT&T (T), which has the highest market cap of $238.6 billion among the big four US mobile operators.
Freshford Capital Management is a decade-old New York-based hedge fund. It was founded by its current president and portfolio manager, Michael G. Doheny, on October 1, 2008, in Rye Brook where it still has its headquarters. Prior to founding Freshford Capital Management, Mr. Doheny cut his teeth at Kensico Capital for eight years. Mr. Doheny’s […]
T-Mobile (TMUS) intends to challenge Comcast (CMCSA) and Charter Communications (CHTR) in the broadband market with a fixed wireless access (or FWA) service. That’s one of the promises the company has made as it works to persuade regulators to approve its proposal to merge with Sprint (S).
Nokia (NOK) recently completed a successful 5G (fifth-generation) network trial with Rakuten Mobile Network. Nokia’s AirScale base station and a mobile platform provided by Intel were used in the trial, which verified a variety of 5G applications, including 4K video and 360-degree virtual reality live streaming. Rakuten Mobile Network, a subsidiary of Japanese conglomerate Rakuten Group, wants to build its own mobile network, on which it hopes to start offering wireless services by October 2019.
AT&T (T) has long held that the US government’s challenge of its acquisition of Time Warner lacks merit. The DoJ (United States Department of Justice) is appealing the June ruling by a US federal judge that allowed AT&T to proceed with the acquisition of Time Warner.
Glancy Prongay & Murray LLP announces an investigation on behalf of Charter Communications Inc. investors concerning the Company and its officers’ possible breaches of fiduciary duty and/or violations of law.
Verizon (VZ) recently became the world’s first mobile operator to launch commercial 5G services. In a recent interview with FierceWireless, Mike Haberman, Verizon’s vice president of network engineering, discussed the company’s 5G Home speeds and what might be called a nonstandard route to 5G. Verizon (VZ) began working on its 5G deployment project when the 3GPP standard equipment for 5G wasn’t available.
Law Offices of Howard G. Smith announces an investigation on behalf of Charter Communications Inc. investors concerning the Company and its officers’ possible breaches of fiduciary duty and/or violations of law.
One of the regulators deciding whether to allow the merger, the Federal Communications Commission, this week asked the largest cable companies, Comcast Corp. and Charter Communications Inc. for details about their new mobile offerings. “If anything this is a positive sign for the T-Mobile Sprint deal,” Amy Yong, an analyst with Macquarie, said in an interview.
The world’s first commercial 5G networks are now up and running, put into place by telecom giant Verizon Communications (NYSE:VZ). Verizon is still the pace-setter, leaving rivals ranging from AT&T (NYSE:T) to Charter Communications (NASDAQ:CHTR) scrambling to play catch-up. Above all else, while the launch of the company’s 5G networks puts Verizon at the top of the heap of 5G stocks, shareholders may not want to hold their breath waiting for the Verizon stock price to be catapulted.
Four industry groups representing major internet providers and cable companies filed suit on Wednesday seeking to block California's new law to mandate net neutrality rules. The groups represent companies including AT&T Inc, Verizon Communications Inc, Comcast Corp and Charter Communications Inc. The lawsuit came after the U.S. Justice Department on Sunday filed its own lawsuit to block the new law. The lawsuit filed by the American Cable Association, CTIA - The Wireless Association, NCTA - The Internet & Television Association and USTelecom – The Broadband Association, called California's law a "classic example of unconstitutional state regulation" and urged the court to block it before it is set to take effect Jan. 1.
According to data compiled by Reuters, as of September 27, only 7% of the 15 analysts covering Frontier Communications (FTR) stock have given it a “buy” recommendation. Frontier stock has fallen ~47.6% in the last 12 months and ~4.1% year-to-date. Analysts expect it to fall ~3.1% over the next 12 months. Their recommendations show a consensus 12-month target price of $6.28 compared to its price of $6.48 on September 27.
AT&T (T) recently announced that it’s bringing business Wi-Fi service to 60 more countries to help businesses stay better connected with improved technology collaboration and smoothly run critical operations. It said more countries will be added in the future.
Silicon Valley’s two biggest companies this week asked federal lawmakers to draft new, federal consumer privacy legislation, in hopes that national laws would preempt an even tougher set of laws by California that will go into effect in 2020.
Short interest is low for CHTR with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on September 25.
Silicon Valley tech giants including Amazon, Apple and Google are asking the government for federal data protection laws to cut off patchwork laws from states.
After spending most of the day trading in the green, U.S. stocks slipped into the red after the Federal Reserve confirmed it would continue to embark on tighter monetary policy.
Major technology companies and internet service providers told a U.S. Senate panel on Wednesday they support federal legislation to protect data privacy but want Congress to preempt tough new rules adopted by California. Amazon.com Inc (AMZN.O), Alphabet Inc (GOOGL.O), Apple Inc (AAPL.O), AT&T Inc (T.N), Charter Communications Inc (CHTR.O) and Twitter Inc (TWTR.N) all told the Senate Commerce Committee they would back new federal privacy regulations.
The newly created communications services sector is stacked with many of the largest Internet names, and investors could capture the growth potential with a sector-specific exchange traded fund. The new ...
Tim Seymour, advisory board member to Cyberhedge, and Ryan Dodd, co-founder and CEO of Cyberhedge, describe the coming fault line about to split up the technology sector.
STAMFORD, Conn. , Sept. 25, 2018 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) today announced that Christopher Winfrey , Chief Financial Officer, will participate in the Deutsche Bank Leveraged ...
STAMFORD, Conn. , Sept. 25, 2018 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (the "Company" or "Charter") will host a conference call on Friday, October 26, 2018 at ...
On September 20, AT&T (T) defended a court ruling that allowed its $85.4 billion acquisition of Time Warner, arguing that the United States Department of Justice (or DOJ) has failed to show that the acquisition would hurt consumers with higher costs and lower competition in the pay-TV space. The telecommunications behemoth has filed a new 59-page brief with a federal appeals court, which is reviewing the DOJ’s ongoing challenge to the acquisition.