|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||35.19 - 35.66|
|52 Week Range||35.10 - 43.03|
|PE Ratio (TTM)||16.56|
|Forward Dividend & Yield||1.96 (5.51%)|
|1y Target Est||N/A|
Negotiations between T-Mobile (TMUS) and Sprint (S) reportedly continue, and the two wireless giants are expected to reach an agreement by mid November, according to CNBC. Wall Street was initially expecting a deal between T-Mobile and Sprint to be announced during their earnings results this month. T-Mobile released third-quarter earnings ahead of the bell today that beat profit expectations and issued strong full-year guidance.
AT&T is expected to publish its Q3 2017 results on October 24, reporting on a quarter that saw significant competitive activity in the wireless market. Below we take a look at some of the key trends to watch in the company’s U.S. wireless and pay TV operations.
It’s been a year since the ink hit the paper on AT&T's (NYSE: T) $85-billion, blockbuster acquisition of Time Warner, Inc. (TWX), but investors still don’t have peace of mind from regulatory approval. With the Department of Justice’s Antitrust Division yet to give word, AT&T and Time Warner extended the deal on Monday. Brazil’s antitrust authority cleared the acquisition with conditions last week.
InvestorPlace contributor Vince Martin, who loves capital gains like some people love the Chicago Cubs, is not a fan of T stock. In fact, he calls it a collection of unattractive businesses with significant problems.
CEO John Legere wants Wall Street to focus on third-quarter results, but the status of merger talks with Sprint is the big issue for investors.
Thanks to a new partnership with AT&T, Alphabet Inc.’s moonshot Project Loon has debuted its Internet-beaming balloons in the U.S. as it aims to get Puerto Ricans back online in the aftermath of Hurricane Maria. In the weeks following the category 4 hurricane, the Project Loon team began working with government aviation authorities and air traffic controllers to send small sets of balloons from its launch site in Nevada to the U.S. territory of Puerto Rico, the company confirmed over the weekend. Project Loon is a Google-born moonshot that now lives under parent company Alphabet Inc.’s experimental “X” unit.
Among the companies with shares expected to trade actively in Monday’s session are Tesla Inc., General Electric Co., T-Mobile US Inc., Broadsoft Inc. and AT&T Inc.
Yahoo Finance's Seana Smith is tracking Hasbro, AT&T, Time Warner, Sprint and T-Mobile in intraday trading on Monday.