T - AT&T Inc.
31.06 0.00 (0.00%)
After hours: 7:59PM EDT
| Previous Close | 30.51 |
| Open | 30.45 |
| Bid | 31.05 x 800 |
| Ask | 31.06 x 1800 |
| Day's Range | 30.45 - 31.15 |
| 52 Week Range | 26.80 - 36.39 |
| Volume | 26,289,998 |
| Avg. Volume | 34,886,171 |
| Market Cap | 226.259B |
| Beta (3Y Monthly) | 0.84 |
| PE Ratio (TTM) | 10.90 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.04 (6.65%) |
| Ex-Dividend Date | 2019-01-09 |
| 1y Target Est | N/A |
- CNBC Videos•13 hours ago
Here's what investors need to know about huge media merge...
Viacom's contract dispute with AT&T comes as Disney sealed the $71 billion deal with Fox, creating another mega-media company. Michael Wolf, CEO and co-founder of Activate and former president of MTV, and Tuna Amobi, senior media analyst at CFRA Resear...
- CNBC Videos•14 hours ago
Viacom warns there may be DirecTV blackouts if it can't s...
Viacom and AT&T are locked in a contract dispute, which may result in some consumers not receiving popular channels such as MTV and Nickelodeon. CNBC's Julia Boorstin reports.
Reuters•3 hours agoNew York Times CEO warns publishers ahead of Apple news launch
Apple Inc is expected to launch an ambitious new entertainment and paid digital news service on Monday, as the iPhone maker pushes back against streaming video leader Netflix Inc. But it likely will not feature the New York Times Co. Mark Thompson, chief executive of the biggest U.S. newspaper by subscribers, warned that relying on third-party distribution can be dangerous for publishers who risk losing control over their own product. Thompson, who took over as New York Times CEO in 2012 and has overseen a massive expansion in its online readership, warned publishers that they may suffer the same fate as television and film makers in the face of Netflix's Hollywood insurgence.
- Market Realist•5 hours ago
How Fox’s Stake in Hulu Could Boost Disney’s Portfolio
How Disney’s Fox Acquisition Could Pay Off(Continued from Prior Part)Disney acquires a 30% stake in Hulu With the closure of its 21st Century Fox (or 21CF) acquisition yesterday, Walt Disney (DIS) received a 30% stake in Hulu. Before the
Motley Fool•7 hours agoHulu's Massive Advantage in Live TV Streaming
Hulu's Live TV service could be profitable because of its core business.
- American City Business Journals•7 hours ago
Big-data software firm Tresata's upcoming hackathon to tackle public health
It's the seventh year for Tresata Inc.'s annual hackathonCLT — an opportunity for technology experts to spend 24 hours tackling some of Charlotte's toughest issues.
- Zacks•9 hours ago
Buy Apple (AAPL) Stock Up 22% in 2019 Before Streaming Video Launch?
Shares of Apple (AAPL) climbed over 3.4% in morning trading Thursday as buzz builds regarding the highly anticipated unveiling of its new streaming video service that hopes to challenge Amazon Prime (AMZN), Netflix (NFLX), and Disney (DIS). The climb is part of a larger 2019 comeback, which begs the question is now the time to buy Apple stock?
- American City Business Journals•9 hours ago
AT&T CEO says WarnerMedia executive exits are worrisome but mostly aren't a surprise
Randall Stephenson spoke during a Washington visit as the unit loses leadership at HBO and Warner Bros.
- Barrons.com•11 hours ago
Forget Comedy Central: DirecTV Should Walk Away From Viacom Deal, Analyst Says
The last time a distribution deal expired, channels like Nickelodeon, MTV, and Comedy Central were unavailable for nine days, and DirecTV noted a spike in lost subscribers.
Market Realist•11 hours agoWhy Charter Expects a Fall in Its Video Customer Base
How Is Charter Communications Positioned in March?(Continued from Prior Part)Charter’s video subscriber numbersNow let’s have a look at Charter Communications’ (CHTR) performance in terms of residential video customer net additions. Wall
- CNBC•12 hours ago
T-Mobile just announced how it will use wireless networks to take on the cable industry
T-Mobile will begin trialing a home internet service that will cost $50 per month and deliver broadband to homes using T-Mobile's 4G LTE network. AT&T, Verizon and T-Mobile will eventually provide internet using 5G networks. T-Mobile is also using this as a way to show it needs to acquire Sprint to fight against big cable.
- Market Realist•12 hours ago
Is Fear of Netflix behind AT&T’s Media Shakeup?
The Latest Updates from the Telecom Sector(Continued from Prior Part)AT&T launching HBO-led subscription video service The way AT&T (T) has overhauled media group WarnerMedia shows a company out to put more pressure on Netflix (NFLX) as it
- Zacks•12 hours ago
Disney's ESPN+ to Become Exclusive Distributor of UFC Events
Disney's (DIS) ESPN+ will be the exclusive distributor of 12 live PPV events of Ultimate Fighting Championship (UFC) per year.
- InvestorPlace•13 hours ago
Sprint Stock Isn’t Worth a Gamble for the T-Mobile Merger
Over the past few months, the telecommunications industry has enjoyed a lift in attention, and for good reason. With Verizon (NYSE:VZ) leading the 5G high-speed network rollout, the new technology has strong implications for everyone. That includes relative bit-player Sprint (NYSE:S). As T-Mobile US (NASDAQ:TMUS) makes its case for buying out S stock, how should investors react?Source: Shutterstock On the surface, the merger appears to make economic and logical sense, if only because T-Mobile CEO John Legere is constantly fighting on the campaign trail. With his quirky mannerism and even quirkier fashion-sense, Legere cuts a controversial figure. Nevertheless, you can't fault the guy for his ambitiousness.Legere has faced a circus of attention from legislators and committees. Some of the questioning, in my opinion, borders on the ridiculous. For example, Democratic Representative Hank Johnson criticized T-Mobile executives for spending $195,000 at one of President Trump's hotels. The implication was that Legere was subtly attempting to curry favor in his quest for Sprint stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPersonally, I view that inference as a stretch. Consistently, the media has focused the spotlight on Trump's possible collusion with Russia. The last thing anyone needs in this environment is more attention. * 10 Stocks on the Rise Heading Into the Second Quarter That said, Legere has redirected the media's glare to a positive direction. Throughout telecom's version of the Spanish Inquisition, Legere emphasized the benefits of a T-Mobile-Sprint merger. Primarily, a combined entity would upend the duopoly of Verizon and AT&T (NYSE:T). The TMUS head rightfully points out that three strong competitors are better than two contenders and two afterthoughts.If all opposing politicians have are silly or irrelevant questions, then T-Mobile has a clear shot at acquiring Sprint stock. Unfortunately, nothing is ever that easy. Tough Questions Plague S Stock and the Proposed MergerFrom combing through various articles on the web, the consensus appears that Legere has a compelling argument. Therefore, the legal greenlight for the merger is an inevitability. But I can't help looking at the S stock price.Although shares are up over 9% this year, the journey has been a choppy one. Based on current levels, the S stock price hasn't moved at all since late summer of 2016. And the fact that it lost steam in recent trades does nothing to bolster confidence in a possible merger.On the other hand, both Verizon and AT&T are doing what they usually do: trudging along while paying their shareholders generous dividends.But I'm getting more concerned when I consider the arguments against T-Mobile's buyout of Sprint stock. While Legere emphasizes the broader argument that the merger will benefit society, that logic doesn't hold up well. For instance, a combined entity would almost surely lead to job losses, particularly the high-paying kind.The counterargument is that this reinvigorated telecom firm will make inroads to rural communities, boosting both connectivity and job growth. If anything, Fox Business has bought into this narrative as well, I suspect, as rural residents.However, the idea that this merger will close the digital divide isn't entirely convincing. For one thing, the buyout will take many years to complete. During that time, rural residents must settle for less-than-stellar internet speeds. In addition, unless the T-Mobile-Sprint entity encounters competition, it has no incentive to reduce prices.On top of that, consolidation in telecom risks depressing prices in major markets, and therefore, wages. Ironically, opposing Democrats have adopted the stereotypical Republican playbook by supporting the status quo in the telecom industry. Complicated Nature Hurts Sprint StockI don't necessarily like giving my thoughts about high-level mergers. With so many gears involved, it's difficult to predict the deal's trajectory with any confidence. * 7 5G Stocks to Buy as the Race for Spectrum Tightens But with S stock, you're also talking about telecom. This is one of the most important, if not the most important sector. As we head toward true 5G integration, telecoms will touch virtually every area of our lives. From automated technologies to artificial intelligence to healthcare, this industry will lever unprecedented influence.As such, lawmakers and regulatory agencies will go over the proposed deal with a fine comb. And when they're satisfied with the results, they'll do it again. Just when you think you're through the door, an appeals process could undo everything.I believe that's the reason why Sprint stock has looked so unconvincing lately. In my opinion, this is far from a done deal. If you're speculating purely on the merger, you may want to take a breather or two.As of this writing, Josh Enomoto was long AT&T. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post Sprint Stock Isn't Worth a Gamble for the T-Mobile Merger appeared first on InvestorPlace.
- Motley Fool•13 hours ago
AT&T Wants to Pay Down Debt, but That's Not a Risk to the Dividend
AT&T's CEO is focused on paying down debt, but contrary to some fears, the company can do that while also paying its generous dividend.
- Market Realist•13 hours ago
What Is AT&T Seeking to Achieve with WarnerMedia Shakeup?
The Latest Updates from the Telecom Sector(Continued from Prior Part)AT&T reorganizes WarnerMedia unit AT&T (T) recently reorganized its WarnerMedia division in a move that seems to be aimed at cutting costs and allowing for more investments
- Market Realist•15 hours ago
A Look at Vodafone’s $4.5 Billion Fundraising Plan
The Latest Updates from the Telecom Sector(Continued from Prior Part)Vodafone avoids outright debt Vodafone (VOD) is raising about $4.5 billion through the sale of convertible bonds, according to a report from Bloomberg. The company intends to use
Market Realist•15 hours agoWhat Do Sprint’s Technical Indicators Suggest?
How's Sprint Positioned in March?(Continued from Prior Part)Sprint’s moving averagesIn this part, we’ll discuss Sprint’s (S) technical indicators compared to its peers in the telecom space. Recently, Sprint went above its 20-day and 100-day
- MarketWatch•15 hours ago
Viacom stock sinks as network disruption looms, but AT&T-DirecTV could be the real loser, analyst says
Shares of Viacom sank Wednesday in the wake of the entertainment content company’s warning of a disruption of service, for those accessing its TV networks through AT&T Inc.’s DirecTV satellite TV service, but DirecTV may actually have more to lose.
- CNBC•20 hours ago
US allies defy Trump administration's plea to ban Huawei from 5G networks
Countries including Germany and Thailand have not banned Huawei from their 5G networks despite the U.S. government urging allies to do so.
Reuters•yesterdayAT&T CEO says China's Huawei hinders carriers from shifting suppliers for 5G
AT&T Inc Chief Executive Randall Stephenson said Wednesday that China’s Huawei Technologies Co Ltd is making it very difficult for European carriers to drop the company from its supply chain for next-generation 5G wireless service. "If you have deployed Huawei as your 4G network, Huawei is not allowing interoperability to 5G -- meaning if you are 4G, you are stuck with Huawei for 5G," said Stephenson at a speech in Washington. The United States has been pressuring other countries to drop Huawei from their networks.
- Zacks•yesterday
AT&T (T) Dips More Than Broader Markets: What You Should Know
In the latest trading session, AT&T (T) closed at $30.54, marking a -0.47% move from the previous day.
- Moody's•yesterday
BellSouth Corporation -- Moody's corrects the rating on certain BellSouth Corporation's Reset Put Securities (CUSIP 079860AA0) and corrects the outlook on the issuer
Moody's Investors Service ("Moody's") is correcting the rating on the USD 1 billion Reset Put Securities due April 26, 2021 (CUSIP 079860AA0) issued by BellSouth Corporation, unconditionally guaranteed by AT&T Inc. to Baa2 from WR. In addition, Moody's is correcting the outlook on BellSouth Corporation to STA from RWR. This publication does not announce a credit rating action.
