34.87 0.00 (0.00%)
After hours: 6:47PM EST
|Bid||34.84 x 100|
|Ask||34.87 x 100|
|Day's Range||34.20 - 34.91|
|52 Week Range||32.55 - 43.03|
|PE Ratio (TTM)||16.39|
|Forward Dividend & Yield||1.96 (5.66%)|
|1y Target Est||N/A|
The Justice Department departed from years of precedent on Monday when it sued to block AT&T’s planned $85 billion acquisition of entertainment giant Time Warner
Apple’s (AAPL) iPhone X supplier, Foxconn, reportedly had students illegally working overtime to assemble the flagship device. According to the Financial Times, six high school students said they worked 11-hour shifts to help assemble the tech giant’s new phone at a factory in Zhengzhou, China. The report said the six were among 3,000 students sent to work in the factory in September. Apple shares were last trading at $173.47, a few bucks shy of their all-time high hit earlier this month. The Justice Department has filed a federal lawsuit to block the $85 billion merger between AT&T (T) and Time Warner (TWX).
Why study charts? Because charts are like footprints at the scene of the crime, clues to what the big money managers are likely thinking, Jim Cramer says.
The Federal Communications Commission formally released a draft of its plan to kill net-neutrality rules, which equalized access to the internet and prevented broadband providers from favoring their own ...
With its lawsuit against the AT&T-Time Warner deal and plan to roll back net-neutrality rules, the administration is fleshing out a regulatory approach: Instead of the Obama administration’s adoption of ...
The merger had been one of the market’s big assumptions through 2017, but talks collapsed as Sprint’s primary owner, Masayoshi Son, demanded control of the combination, even though T-Mobile has twice Sprint’s market cap. After an initial sell-off, the T-Mobile stock price recovered, opening for trade on Nov. 22 at about $60.40 per share, higher than where it stood before the collapse. Investors are divided, either looking at a company too small to compete with bigger rivals or the healthiest pure play in the wireless space.
The AT&T (T)/Time Warner (TWX) deal is still up in the air as we head into the holiday. As such, we view some industry consolidation as beneficial to developing the necessary scale to build these models without compromising negotiating leverage relative to distribution partners.
Google, Facebook and Netflix were relatively quiet when the net neutrality framework became law in 2015. Will they get noisier now that it could be dismantled?
The biggest fears surrounding Best Buy Co Inc (NYSE:BBY) have yet to be realized. The bear case for Best Buy stock was based on the “showroom effect.” In essence, customers would view items in Best Buy stores — and then buy them from Amazon.com, Inc. (NASDAQ:AMZN) or eBay Inc (NASDAQ:EBAY). Best Buy’s brick-and-mortar costs would prevent it from being fully price-competitive with online-only rivals, margins would compress, and BBY stock would sink.
The Federal Communications Commission is charging ahead with its plan to end “open internet” protections, referred to as net neutrality, that it says were unnecessarily heavy-handed regulations.
IN THE NEWS Federal National Mortgage Association (FNMA) CEO Timothy J. Mayopoulos' tone sounded geared more toward social justice than Wall Street during a Detroit visit this week: Link Many pharmacy ...
Nov.22 -- Christopher Marangi, Gabelli Funds co-chief investment officer, discusses media M&A and FCC Chairman Ajit Pai's plans to void Obama-era net neutrality rules. He speaks with Bloomberg's Scarlet Fu and Julia Chatterley on "Bloomberg Markets."