|Bid||0.00 x 1800|
|Ask||0.00 x 1200|
|Day's Range||32.21 - 32.67|
|52 Week Range||30.13 - 39.33|
|Beta (3Y Monthly)||0.34|
|PE Ratio (TTM)||6.32|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||2.00 (6.20%)|
|1y Target Est||35.48|
Last week’s market collapse made headlines throughout the world. Even my professional associates who aren’t necessarily investment-savvy asked for my thoughts and guidance. After years of robust returns, the thought of a widespread correction is jarring. Nevertheless, you still want to keep your wits about you, as this is an ideal time to consider which stocks to buy.
“Bad Times at the El Royale” debuted outside the top five, while “Beautiful Boy” got off to a beautiful start in limited release.
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.
Editor’s note: InvestorPlace’s Earnings to Watch is updated weekly. Please check back next week for our latest earnings calendar picks. Throughout most of 2018, it has seemed like corporate earnings reports have been the only thing keeping the stock market from disaster.
AT&T’s postpaid phone churn rate is expected to improve in the third quarter, primarily due to the wireless–video bundle opportunities. In the second quarter, AT&T reported a postpaid phone churn rate of 0.82%, up from 0.79% in the second quarter of 2017 and down from 0.84% in the first quarter.
Crown Castle International (CCI) is scheduled to report its third quarter of 2018 results on October 17. According to Wall Street estimates, its revenues and AFFO (adjusted funds from operations) per share could have a robust YoY (year-over-year) growth. Analysts project AFFO at $1.38 per share, up 34% YoY and 5.3% sequentially. Revenues are anticipated to grow 27.2% YoY and 1.7% sequentially to $1.35 billion.
AT&T (T), the second-largest wireless service provider in the United States, is looking to showcase its strength as it nears its third-quarter earnings release. The company is expected to report its results on October 24.
AT&T was the only phone company around when I was growing up -- a government-regulated monopoly. That meant the company and its regular dividend payments were close to a "sure thing" as investors could get, but that's all long gone now.
The latest would-be Netflix competitor will carry a familiar name when it launches next year. On Thursday, (T) (ticker: T) announced plans to launch a streaming service built around Home Box Office, the cable network that disrupted the industry years ago—and inspired the company that’s doing it now. “We aren’t trying to compete with network programming,” a spokesman for HBO said then.
This week alone, there's been news of at least six new online video streaming services. The influx of streaming video is making finding content increasingly difficult. The reasons for developing streaming services vary from company to company.
The direct-to-consumer online streaming space is getting crowded, and WarnerMedia said this past week that it plans its own offering.
Netflix's (NFLX) third-quarter subscriber growth is likely to benefit from growing Hollywood involvement as well as high production values of its shows.
The United States Department of Justice came out swinging in a new briefing that attacks AT&T in the appeal for the Time Warner merger case. The government, seeking to overturn the judgement of a lower court in June, took a direct aim in fewer pages this time after the massive telecom made its case against the appeal in September, according to a new filing. “AT&T’s brief, which is little more than a revisionist 58-page summary of the district court’s opinion, does not remedy the economic and logical inconsistencies in the decision,” the DOJ said.
In case you missed it, let me sum up markets for you so far in October. Yields are rising. Stocks are falling. Tech stocks are getting killed. Defensive stocks are moving back in favor. The Federal Reserve is still thinking about hiking interest rates, but inflation has cooled. There hasn’t been any material progress made on the trade war front. And, ultimately, investors aren’t really sure what is next in this wild market narrative.
Recent stories on Netflix, Amazon, Hulu and other streaming services reported by The Business Journals and elsewhere.
The list of companies and organizations who have decided not to attend Saudi Arabia's "Davos of the Middle East" is growing in the wake of the disappearance of Saudi journalist Jamal Khashoggi. Yahoo Finance's Ethan Wolff-Mann talks with Seana Smith, Dion Rabouin, Brian Sozzi and Jen Rogers.
The Universal film, 'First Man,' has landed at theaters across the U.S. With some controversy surrounding it and top performing films like 'A Star is Born' dominating box office sales, can it succeed? Yahoo Finance's Seana Smith, Dion Rabouin, Pras Subramanian and Brian Sozzi discuss.