|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||34.55 - 35.99|
|52 Week Range||32.55 - 42.70|
|PE Ratio (TTM)||7.28|
|Forward Dividend & Yield||2.00 (5.56%)|
|1y Target Est||N/A|
Mar.22 -- Bloomberg's Ed Hammond reports on the U.S. lawsuit against AT&T's proposed acquisition of Time Warner on "Bloomberg Markets."
The FCC is considering a new rule to further curb the U.S. business of Huawei, making it harder for small and rural carriers to purchase gear from Chinese telecom-equipment makers.
With the much-anticipated AT&T/Time Warner antitrust trial now under way in Washington, Time Warner shares look appealing, based on their underlying value and AT&T’s strong chances of winning. Time Warner (TWX) finished Friday at $92.57, or roughly $11 below the current value of AT&T’s (T) cash and stock bid, worth $103.60 a share. The shares initially might fall $5, to the high $80s, if the government wins and the deal dies, but some analysts think that Time Warner could quickly recover to its current price, given its earnings power.
An analyst estimates that AT&T will add 70,000 subscribers in the March quarter vs. a loss of 348,000 a year ago.
Goldman's options-based methodology ranks Twitter, Time Warner, Bristol-Myers, Yelp and E*Trade among other stocks aggressively positioned for a takeover.
AT&T's acquisition of Time Warner has Cox Communications 'very concerned,' content executive Suzanne Fenwick testified Thursday.
As Netflix (NFLX) looks to enhance its service quality, the company is increasingly adopting artificial intelligence (or AI) and machine-learning tools to offer better-quality videos to its customers. Netflix has recently added AI to enhance video quality as well as cut down on the amount of data used to stream videos on mobile phones. The feature is first being introduced in mobile videos, and Netflix has plans to roll out the desktop and smart TV versions in the next few months.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Telecommunications Services sector is rising.
Justice predicted a pay-TV dystopia in opening arguments, while AT&T and Time Warner promise Judge Richard Leon a competitive renaissance.
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - The much-watched antitrust trial between the Justice ...
A Cox Communications Inc. executive said an AT&T Inc. takeover of Time Warner Inc. would give the combined company undue leverage in programming negotiations and could siphon away subscribers.
The government and AT&T exchanged opening salvos in a federal trial Thursday as the U.S. seeks to block the telephone giant from absorbing Time Warner, in a case that could shape how consumers get — and ...
WASHINGTON—The Justice Department and AT&T Inc. traded legal jabs Thursday as a federal judge opened proceedings on whether the telecom giant’s planned purchase of Time Warner Inc. violates antitrust laws. U.S. District Judge Richard Leon said little while the government and the companies spent about 90 minutes of opening arguments attacking the opposing side’s legal position. The Justice Department, which is seeking to block the $85 billion deal, said the merger could mean at least $400 million in pay-TV price increases because AT&T, which owns the DirecTV satellite service, would have newfound marketplace leverage if it folds in Time Warner’s stable of programming, including the Turner networks and HBO.
The U.S. Justice Department squared off on Thursday with AT&T Inc in a long anticipated trial, as the two sides disputed whether AT&T's $85 billion (£60.2 billion) purchase of Time Warner Inc would be good for consumers or an expensive drag on innovation. During opening statements, Justice Department lawyer Craig Conrath asked for the deal to be blocked, saying it would hike prices for consumers by more than $400 million annually, or an average of $0.45 a month for pay TV subscribers, by making rival pay TV companies pay more for Time Warner content.
The U.S. Justice Department squared off on Thursday with AT&T Inc in a long anticipated trial, as the two sides disputed whether AT&T's $85 billion purchase of Time Warner Inc would be good for consumers or an expensive drag on innovation. During opening statements, Justice Department lawyer Craig Conrath asked for the deal to be blocked, saying it would hike prices for consumers by more than $400 million annually, or an average of $0.45 a month for pay TV subscribers, by making rival pay TV companies pay more for Time Warner content.
Moody's Investors Service, ("Moody's") has downgraded the ratings on seven classes, affirmed the rating on one class and and placed the ratings on six classes under review for possible downgrade ...
___ Trade worries send stock market plunging Stocks plunged, driving the Dow Jones industrial average down more than 700 points, as investors feared that trade tensions will spike between the U.S. and ...
Mexico's landmark wholesale national mobile network launched this week, but without a single major wireless carrier on board, renewing debate about how best to increase competition in the telecom sector dominated by billionaire Carlos Slim. On Wednesday, President Enrique Pena Nieto and other officials gathered for the official launch of the so-called Red Compartida (shared network), a wholesale-only project written into the country's 2013-14 telecoms reform. The government has said the network would cut the costs of developing infrastructure for carriers particularly in rural areas with poor coverage and make it easier for new players to enter the market.
UBS forecasts that Comcast will lose 400,000 video subscribers in 2018 as cord-cutting and live video streaming services gain.