36.68 -0.05 (-0.14%)
Pre-Market: 8:43AM EST
|Bid||36.69 x 100|
|Ask||36.87 x 100|
|Day's Range||36.15 - 36.75|
|52 Week Range||32.55 - 43.03|
|PE Ratio (TTM)||17.66|
|Forward Dividend & Yield||1.96 (5.43%)|
|1y Target Est||N/A|
Dec.07 -- The U.S. Justice Department’s antitrust lawsuit to block AT&T from buying Time Warner will go to trial March 19, a later date than the companies had sought to begin their epic legal fight with the government. Bloomberg Intelligence's Jennifer Rie reports on "Bloomberg Technology."
FBN’s Charlie Gasparino discusses the Justice Department taking AT&T to court to block the proposed merger with Time Warner.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss today's market action in stocks, as the tax bill continues to be debated in Congress.
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.
Only two of the 30 analysts covering Sprint (S) stock have rated it a “buy,” while 18 have rated it a “hold,” and ten have rated it a “sell.”
As of December 5, 2017, Sprint’s (S) market capitalization was ~$23 billion, making it the fourth-largest US wireless behemoth in terms of market capitalization.
The judge who will be overseeing the antitrust trial involving AT&T’s proposed acquisition of Time Warner has set March 19 as the trial’s start date, warning the companies he cannot reach a decision by ...
AT&T Inc.’s bid to buy Time Warner Inc. is blurring some of the ideological lines that usually split free-market conservatives from liberal skeptics of big business. On the left, some Democratic U.S. senators who questioned the deal earlier this year have avoided addressing the issue since the Justice Department sued to stop the $85 billion combination. On the other side, the politically conservative head of the department’s antitrust division, Makan Delrahim, decided to move forward with the lawsuit.
Bitcoin soared above $17,000 Thursday, plowing further into uncharted territory in a rally that has pushed up the cryptocurrency more than 1,600% since the beginning of the year.
AT&T Inc.’s bid to buy Time Warner Inc. is blurring some of the ideological lines that usually split free-market conservatives from liberal skeptics of big business.
A judge has set a trial date to hear the Department of Justice’s attempt to block the merger between AT&T (NYSE: T) and Time Warner, Inc. (TWX). Judge Richard Leon of the U.S. District Court for the District of Columbia established March 19 as the date during a pre-trial hearing, according to Reuters , slicing down the middle of respective requests from AT&T to start it on Feb. 20 and from the DOJ to start on May 7. After a lengthy analysis that stretched more than a year, the Department of Justice’s Antitrust Division filed a lawsuit late last month.
The trial to determine if the U.S. Department of Justice can stop AT&T Inc's (T.N) $85 billion (63.34 billion pounds)purchase of media company Time Warner Inc (TWX.N) will begin on March 19 with no decision expected before the companies' April 22 deadline to complete the deal, a federal judge said on Thursday. Time Warner and AT&T, which is the No. 2 U.S. wireless company and also owns DirecTV, announced their deal in October 2016, but it was not until last month that the Justice Department sued AT&T to block the deal, arguing it could raise prices for rivals and pay-TV subscribers and hamper the development of online video.
The trial to determine if the U.S. Department of Justice can stop AT&T Inc's $85 billion purchase of media company Time Warner Inc will begin on March 19 with no decision expected before the companies' April 22 deadline to complete the deal, a federal judge said on Thursday. Time Warner and AT&T, which is the No. 2 U.S. wireless company and also owns DirecTV, announced their deal in October 2016, but it was not until last month that the Justice Department sued AT&T to block the deal, arguing it could raise prices for rivals and pay-TV subscribers and hamper the development of online video.
The judge who will oversee the U.S. Justice Department's bid to stop wireless and pay TV company AT&T Corp (T.N) from buying media company Time Warner Inc (TWX.N), on Thursday set March 19 as the trial date. Judge Richard Leon at the U.S. District Court for the District of Columbia set the date in a pre-trial hearing. AT&T asked the court to hear the case beginning Feb. 20.
The U.S. Justice Department’s antitrust lawsuit to block AT&T Inc. from buying Time Warner Inc. will go to trial March 19, a later date than the companies had sought to begin their epic legal fight with ...
The Senate’s version of the tax bill brings five major amendments that would impact the technology (QQQ) sector.