|Bid||34.440 x 3500|
|Ask||34.450 x 2100|
|Day's Range||34.380 - 34.750|
|52 Week Range||32.550 - 43.030|
|PE Ratio (TTM)||16.18|
|Forward Dividend & Yield||1.96 (5.68%)|
|1y Target Est||N/A|
The Department of Justice is slamming the brakes on AT&T. The agency is suing the company in order to block the $85.4B acquisition of Time Warner. The D.O.J. claims the deal would raise prices for subscribers and rivals, while slowing the advancements of online video. Yahoo Finance’s Alexis Christoforous and Editor-in-Chief Andy Serwer figure out if the agency has a case.
The New York Times' Jim Stewart discusses the latest on the antitrust lawsuit from the Justice Department against AT&T over their bid for Time Warner.
Nov.21 -- Barry Sine, equity research managing director at Drexel Hamilton, and Bloomberg's Ed Hammond, discuss the AT&T -Time Warner deal and the Department of Justice's move to block it. They speak with Bloomberg's David Westin and Alix Steel on "Bloomberg Daybreak: Americas."
Debating whether the government has a legitimate antitrust case against AT&T over its deal for Time Warner with Ethan Glass, partner at Quinn Emanuel and former assistant chief DOJ antitrust division, and Seth Bloom, Bloom Strategic Counsel president a...
The U.S. case against AT&T's proposed acquisition of Time Warner lacks rigor, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
The chairman of the Federal Communications Commission on Tuesday unveiled plans to repeal a landmark 2015 order that barred internet service providers from blocking or slowing down consumer access to web content, and said the regulator will prevent states and cities from adopting similar protections. FCC chief Ajit Pai, a Republican appointed by President Donald Trump in January, said the commission will vote at a Dec. 14 meeting on rescinding the so-called net neutrality rules championed by Democratic former President Barack Obama that treated internet service providers like public utilities. Trump, a Republican, expressed his opposition to net neutrality in 2014 before the regulations were even implemented, calling it a "power grab" by Obama.
(Reuters) - The U.S. Department of Justice's move to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc was "foolish" because the deal posed no threat to consumers, the wireless carrier's ...
The U.S. Department of Justice's move to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc was "foolish" because the deal posed no threat to consumers, the wireless carrier's trial ...
The cyber attack surfaced over the summer as HBO was running a new season of "Game of Thrones" and as the cable network's parent Time Warner Inc sought regulatory approval to sell itself to AT&T Inc in an $85.4 billion deal announced in October 2016. Mesri also stole scripts and plot summaries for programs including "Game of Thrones," according to the indictment.
On Monday, the Department of Justice finally moved to block the merger between AT&T (T) and Time Warner (TWX), although AT&T has already come out swinging, calling the lawsuit "radical and inexplicable." That may not be all bluster: Analysts are weighing in on the situation today, and they think that AT&T stands a good chance if the lawsuit goes to trial. Cowen & Co.'s team, led by Doug Creutz and Colby Synesael, write that they still see a settlement as possible and, if that doesn't happen, think that AT&T would win its case.
AT&T, for its part, maintains its vertical merger stance, pointing to the routine passage of such agreements in other industries without unraveling any antitrust issues.
Analysts believe legal precedent and case law "heavily favor" AT&T in its battle versus the DOJ over the company's deal to acquire Time Warner.
The Justice Department’s case against the merger is a rare challenge of a ‘vertical merger’ and is being strongly opposed by AT&T.
(Reuters) - The U.S. Department of Justice's move to block AT&T Inc's (T.N) $85.4 billion (£64.5 billion) acquisition of Time Warner Inc (TWX.N) was "foolish" because the deal posed no threat ...
Now calling the combination illegal, the DOJ's Makan Delrahim said last year he didn't see it as a major antitrust problem.
Seeing an attempt to block its buyout out of Time Warner as a "radical" departure by the U.S. government, AT&T is preparing for a fight to see the $85 billion deal through. One key asset owned ...
Among the companies with shares expected to trade actively in Tuesday's session are AT&T Inc., Lowe's Companies Inc., Mellanox Technologies Ltd., Campbell Soup Company, Dollar Tree Inc. and DSW Inc.