|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||36.32 - 36.99|
|52 Week Range||32.55 - 42.70|
|PE Ratio (TTM)||17.74|
|Forward Dividend & Yield||2.00 (5.42%)|
|1y Target Est||N/A|
U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, said two congressional aides. The warning comes after the administration of U.S. President Donald Trump took a harder line on policies initiated by his predecessor Barack Obama on issues ranging from Beijing's role in restraining North Korea to Chinese efforts to acquire U.S. strategic industries.
U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd [HWT.UL] and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, said two congressional aides. The warning comes after the administration of U.S. President Donald Trump took a harder line on policies initiated by his predecessor Barack Obama on issues ranging from Beijing's role in restraining North Korea to Chinese efforts to acquire U.S. strategic industries.
In the previous article, we discussed the expectations for Verizon’s (VZ) postpaid phone customer net additions in 4Q17. Let’s take a look at the kind of prepaid customer net additions that we could expect from Verizon. Wall Street analysts expect 100,000 prepaid customer net additions from Verizon in 4Q17, which is due to the increasingly intense competition in the prepaid market.
As Verizon (VZ) discusses the commercial deployment of its 5G wireless broadband service to residential customers in select US (SPY) cities starting in 2H18, it is important to examine how this move might impact its short-term spending and profitability. Verizon said it was eyeing up to five markets in the US, including Sacramento, California’s, for the commercial launch of its high-speed wireless Internet to household customers. According to Verizon’s estimates, about 30 million households across the US are ready for 5G wireless Internet speed.
Thirty-five years ago this week, Apple introduced a computer that changed the way people communicated with their electronic devices. We also learned something about fumbling the future.
When AT&T (NYSE: T) and Time Warner, Inc. (TWX) came to terms on an $85.4 billion deal in late 2016, it was immediately clear that the acquisition would change the media and telecom landscape in a major way. The Dallas telco announced its blockbuster acquisition on October 22, 2016. The cash-and-stock deal valued Time Warner at $107.50 a share.
The big blow to GME stock comes in an update to the company’s guidance for the full year of 2017. GameStop Corp. says that it now expects earnings per share for the year to be near the middle of its previous 2017 guidance, which ranged from $3.10 to $3.40. This update means that GameStop Corp. is expecting earnings per share for the year to come in around $3.25. This would be below its earnings per share of $3.77 from 2016.
The U.S. government recently passed one of the biggest changes to the tax code in decades, as it seeks to increase investments and economic growth. Under the new tax bill, the corporate tax rate will be lowered to 21% from 35%, while the overall tax structure is also expected to be simplified.
GameStop stock dropped 11 percent in trading Friday after the company announced it expects impairment charges of between $350 million to $400 million.
The 2018 edition of the Consumer Electronics Show is wrapping up, and it featured no shortage of exciting events, from an epic battle between Google Assistant and Alexa, Huawei CEO’s rant about U.S. wireless carriers and even a two-hour blackout that left thousands in the dark.
Intel (INTC) is teaming up with Warner Bros. to create entertainment for people riding in self-driving cars. Warner Bros. is a major Hollywood studio owned by Time Warner (TWX). AT&T (T) is in the process of acquiring Time Warner, along with its portfolio of entertainment and media assets, for $85.4 billion.
Three FANG stocks and two telecom giants are now in the same industry sector, a big change relevant for investors.