|Day's Range||0.0700 - 0.0900|
Documentary film director Ken Burns discusses his country music documentary and why PBS gives him more freedom than a streaming service would.
This week, AT&T; CEO Randall Stephenson noted that AT&T; (T) is on track to reduce its leverage multiple to about 2.5x by the end of this year.
Does the September share price for AT&T Inc. (NYSE:T) reflect what it's really worth? Today, we will estimate the...
AT&T; stock rose about 1.06% on Thursday and closed the trading day at $37.15. Jim Cramer suggested buying the stock. AT&T; has a mean target price of $36.12.
The hottest trend in capital allocation is to pay for streaming rights to old television shows ahead of a coming war for subscribers.
AT&T; Inc.'s top boss took a meeting with Elliott Management a little more than a week after the activist investor first publicized its letter pushing against the company's strategic choices, according to a report.
According to the Wall Street Journal, Elliott Management has proposed that AT&T; divest assets including its satellite TV business, DIRECTV, to enhance shareholder value.
CHARLOTTE, N.C., Sept. 20, 2019 /PRNewswire/ -- Duke Energy Renewables, a commercial business unit of Duke Energy (DUK), today announced that AT&T has signed a 15-year, 160-megawatt (MW) virtual power purchase agreement (VPPA) for Frontier Windpower II. Duke Energy Renewables is building the 350-MW Frontier II in Kay County, Okla. Ball Corporation previously announced its commitment to Frontier II with a 15-year VPPA for 161 MW of the project.
New agreements are Part of Company-wide Commitment to Help Address Climate Change
By collaborating with AT&T (T) to activate LTE-M roaming facilities, both Bell, a subsidiary of BCE (BCE), and TELUS (TU) have unlocked newer business opportunities for its users for accelerated growth in the IoT space.
The hedge fund took a $3.2bn stake in AT&T last week and is waging a campaign for an overhaul of the business. This includes a sale of DirecTV, the cable TV business acquired by AT&T back in 2014 for $67.1bn including debt. It is easy to see why Elliott thinks DirecTV should go.
Diligent Swampians might recall that in my last Swamp Notes I took up cudgels against those who compare China to Nazi Germany . Though I did not name the person who triggered my note, he requested the ...
Dish Network is more than likely not dishing into purchasing DirecTV, sources close to Dish CEO Charlie Ergen told the New York Post.
Eighteen months after officially burying the hatchet in one of America's most bitter proxy contests, Procter & Gamble Co CEO David Taylor and billionaire investor Nelson Peltz proclaimed their mutual respect on Thursday, underscoring how activists and corporations can end up working collaboratively. Sitting next to each other on a hotel stage in New York at the CNBC Institutional Investor Delivering Alpha Conference, the men brushed away the acrimony of two years ago when Peltz' Trian Partners was battling P&G over its strategy and asking for a board seat. "That was the fog of war," Peltz said, dismissing the rough comments P&G had made about the veteran activist who works to present himself as a partner who can offer constructive advice rather than a corporate raider intent on breaking up companies.
The Fed cuts interest rates again, but what's next? Why Microsoft (MSFT) stock surged. The latest from AT&T (T) and FedEx (FDX). And why Skechers (SKX) stock is a Zacks Rank 1 (Strong Buy) right now - Free Lunch
Moody's Investors Service (Moody's) said that following activist investor Elliott Management Corporation's disclosure of its stake in AT&T Inc. (AT&T) and its criticism of AT&T's past M&A strategies, there are media reports stating that AT&T is exploring divesting its DIRECTV business, which would be credit positive if accompanied by material leverage reduction. Moody's believes that the secular pressure on DIRECTV's satellite pay TV business, which has resulted in subscriber erosion, is a headwind unlikely to abate and could be a distraction for management while it should be focused on pressing its 5G wireless agenda, turning around its stagnating consumer base and investing in the transition of WarnerMedia's media networks from bundled linear pay-TV to Direct-to-consumer on-demand platform(s).
AT&T is being targeted by an activist investor unhappy with the strategy. Nicholas Jasinski joins host Alex Eule to discuss why AT&T is suddenly under a microscope.
Options include spinning off DirecTV into a separately traded public company or merging it with its smaller rival Dish Network Corp., which has 12 million subscribers.