|Bid||36.67 x 5400|
|Ask||36.68 x 4500|
|Day's Range||36.52 - 36.84|
|52 Week Range||32.55 - 43.03|
|PE Ratio (TTM)||17.64|
|Forward Dividend & Yield||1.96 (5.43%)|
|1y Target Est||N/A|
Shares of Best Buy Co Inc (NYSE:BBY) are chomping at the bit to break out. The question is, does Best Buy stock have what it takes? Perhaps with little surprise, BBY stock has been rather volatile this year.
Verizon and the NFL have renewed their deal for streaming rights, with the telecom firm gaining expanded rights to games.
After deciding to end merger talks, Sprint (S) and T-Mobile (TMUS) are now focusing on building their businesses separately, but their common aim is to gain market share from Verizon (VZ) and AT&T (T)—the ...
Efforts to combine US (SPY) wireless operators for Sprint (S) and T-Mobile (TMUS) failed to bear fruit for the second time in about three years.
Among the reasons AT&T wants to take over Time Warner is the value of its movie studio asset. Its domestic box office total for movies produced or distributed has topped $2 billion for 2017.
The news was easy to miss amid Bitcoin mania and merger talk, but last week AT&T announced that DirecTV Now, its one-year-old live internet TV service, had amassed a million subscribers. Netflix (NFLX) long ago established the case for streaming, but one thing the company hasn’t done is live television. The only event that Netflix has ever streamed live—its own quarterly earnings report—was broadcast via YouTube.
"If he perceives evasiveness or dissembling in your response, you are lost," says an attorney who's argued before Judge Richard Leon.
CVS Health Corp expects the U.S. Justice Department to do the antitrust review of its planned acquisition of health insurer Aetna Inc, a spokesman for the drugstore chain operator said. CVS Health Corp and Aetna announced the $69 billion (£51.4 billion) deal on Dec. 3, arguing it would enable the companies to tackle soaring healthcare spending by offering lower-cost medical services in pharmacies. The Justice Department and U.S. Federal Trade Commission share the job of reviewing mergers to make sure they do not hurt consumers.
The combination of CVS Health Corp (NYSE:CVS) with Aetna Inc (NYSE:AET) seems like a strong move, and it raises questions as to who will scoop up Rite Aid Corporation (NYSE:RAD) and its stores and pharmacy management business. This may save both firms money because people may be enticed to use CVS clinics instead of going to the doctor. In addition, when people go to the clinics, they’ll be right there in a CVS store.
A Disney-Fox deal may be more likely to pass the scrutiny of anti-trust laws thanks to growing competition from tech companies.