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With Game of Thrones having officially concluded, let's analyze the winners and losers of Game of Thrones last season. Given that season 8 is the last season, a show record 44.2 million viewers tuned in on average if delayed viewing is counted. In contrast, the finale of one of TV's biggest shows, The Big Bang […]
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against AT&T Inc. (“AT&T” or “the Company”) (NYSE: T) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. If you are a shareholder who suffered a loss, click here to participate.
The largest cryptocurrency climbed as much as 10% Monday from levels late Friday, and was trading at $8,847 as of 10:25 a.m. in Tokyo. Crypto proponents are taking encouragement from a string of recent headlines showing greater interest in the space from mainstream firms. Fidelity Investments is finalizing plans to buy and sell the digital asset for institutional customers, and E*Trade Financial Corp. is poised to allow crypto trading.
Investing.com - Top cryptocurrencies traded in the green as the week opened in Asia, with Bitcoin testing $9,000 without a clear market mover.
“I don’t think they lose many subscribers,” Tigress Financial analyst Ivan Feinseth said in an interview with Benzinga. One, “Game of Thrones” grew HBO’s subscription base — so now there’s potentially more to lose.
NEW YORK, NY / ACCESSWIRE / May 26, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment.
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 31, 2019 to file lead plaintiff applications in a securities class action lawsuit against AT&T, Inc. (NYSE:T), if they purchased the Company’s 1) securities between October 22, 2016 and October 24, 2018, inclusive (the “Class Period”) and/or 2) shares issued in connection with its June 2018 acquisition of Time Warner. This action is pending in the United States District Court for the Southern District of New York. If you purchased AT&T securities as detailed above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (firstname.lastname@example.org), or visit https://www.ksfcounsel.com/cases/nyse-t/ to learn more.
NEW YORK, NY / ACCESSWIRE / May 24, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders ...
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.
It's not often that buying one of the most recognizable businesses in America can be considered a gamble, but in the case of AT&T (NYSE:T) stock, the bull thesis is a bit of a long shot.AT&T is in the midst of a massive overhaul that will either leave it debt-laden and crippled or change the media landscape forever. T stock has become a polarizing investment option, with many betting against CEO Randall Stephenson's grand vision and an equal number watching in awe as he works to reshape the company. While there's a good chance that things could go sideways for the telecom company, the reward for believers in T stock is likely to be a handsome one. The VisionTo get on board with bulls' contentions on T stock, you have to understand Stephenson's vision for the future of AT&T. The telecom sector is slogging through uncertain times right now, and both AT&T and Verizon (NYSE:VZ) knew something would have to change. However the two took diverging paths, with VZ doubling down on its wireless business and T entering more sectors.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Safe Stocks to Buy This Summer Verizon has certainly taken the safer option, but in the long-term will it be better? If AT&T is able to execute on its strategy, I'd argue that T stock will be the winner in a few years' time. AT&T acquired DirecTV and Time Warner as part of a larger plan to bundle services together.Many scoffed at Stephenson's plans to bundle AT&T's wireless plans together with Time Warner's HBO streaming platform and, eventually, AT&T's own streaming network, because research shows that people are moving away from traditional cable bundles and opting instead for individual streaming services like Netflix (NASDAQ:NFLX). However, if you look at it from another angle, Stephenson is creating an ecosystem which, if successful, will be very powerful. He is planning to offer people the media streaming and the connectivity they need from the wireless industry, all under one umbrella. If it's successful, it will be brilliant. Streaming SuccessA huge part of T stock's future hinges on whether or not the firm can produce a streaming service that can compete with the likes of Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Walt Disney (NYSE:DIS)-owned Hulu. The ingredients are all there- AT&T now owns Time Warner's extremely successful film and TV studios. All that's left is execution. If AT&T's streaming service grows in-line with Stephenson's plans, the benefits will be vast. For one, the firm will have created an ecosystem with high switching costs that will help the company add and hold onto customers. Even more appealing to the owners of T stock is the advertising potential. AT&T's customer data will make it easier for advertisers to target specific individuals as well as evaluate how their ads are performing. The RisksOf course, there are a lot of risks associated with this kind of mega-shift that have the potential to cause AT&T stock price to crash even further. First of all, there's the immense competition in the streaming space. It's unclear exactly how many players can survive, and right now competition in the sector is fierce. But even if T's streaming bets do pay off, AT&T might find itself fending off privacy complaints like Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) and Facebook (NASDAQ:FB) have. The AT&T of the future will be able to to show its customers targeted ads based on their preferences and location. Since AT&T will also have access to location data from its wireless subscribers, the firm can inform advertisers whether the consumers to whom they showed ads subsequently visited a nearby store. While that could provide a huge boost to T stock, it also has the potential to become a regulatory nightmare. The Bottom Line on T StockI'm a believer in Stephenson's grand plan. AT&T as he envisions it could become a powerhouse in both the media and the telecom sector. AT&T stock price is a bargain if you believe that the firm can pull off its transformation. Plus, T stock has a 6.3% dividend yield that will help make the wait a little bit more bearable. For investors who can wait out a few bumps and stomach the risk, T stock is worth considering.As of this writing Laura Hoy was long AMZN, NFLX and T. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post AT&T Stock Could Be a Great Bet appeared first on InvestorPlace.
Editor's note: This story was previously published in March 2019. It has since been updated and republished.Despite common economic challenges, services stocks present a viable opportunity. The most obvious tailwind is that American society mostly transitioned to a service-based economy. According to the International Trade Administration, 80% of private-sector jobs are levered to the service industry. More critically, we're really good at what we do.For the past year, President Donald Trump complained bitterly about trade-imbalances with other nations, particularly China. However, the Trump administration never says a word about the services trade, where we enjoy a robust surplus. Naturally, this dynamic boosts the case for services stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Safe Stocks to Buy This Summer Another favorable factor is that several publicly traded companies in this sector are also dividend stocks. During uncertain phases, these passive-income generating names provide practically-guaranteed returns. Additionally, dividend-payers tend to perform better during bear markets.Finally, the service sector covers a wide range of opportunities. From retail to entertainment to communications, you'll have no shortage of options. Here are seven services stocks that will generate consistent, passive income for your portfolio:Source: Shutterstock United Parcel Service (UPS)Few service-based companies offer as much upside potential as e-commerce firms. However, popular names like Amazon (NASDAQ:AMZN) are not dividend stocks, but rather, operate purely on a capital-gains basis. So the next best thing is the transportation middleman, namely United Parcel Service (NYSE:UPS).Of course, the immediate criticism is that Amazon's venture into in-house product mailing solutions will completely disrupt UPS stock. Certainly, the situation looks bad for the courier. However, UPS responded with their own e-fulfillment service, and it has more credibility than Amazon can dream about.While I respect the e-commerce giant, UPS has an established transportation network. In terms of scales of economy, UPS stock easily wins out. Plus, the company pays out a generous dividend yield at 4.2%. You're just not going to get that with most services stocks levered purely to e-commerce.Source: Shutterstock Penske Automotive Group (PAG)With the advent and later dominance of ride-sharing apps like Uber and Lyft, the concept of buying cars is steadily becoming archaic. In my first-ever Uber ride, my driver told me his personal forecast: people will stop purchasing cars and transition to ride-sharing full-time.If such a prediction comes true, services stocks like Penske Automotive Group (NYSE:PAG) would simply implode. Although I'm not going to necessarily disagree with my driver -- gotta keep my five-star rating! -- the automotive still breathes. * 6 Stocks to Buy for This Decade's Massive Megatrend One of the main factors keeping PAG stock in the running is practicality. Sure, ride-sharing apps have added options to the mix. However, nothing beats the convenience and cost-savings of driving yourself to your desired destination.With Penske's massive dealership network, they consolidate whatever sales opportunities exist, eating alive the small guys. This stinks if you're on the receiving end of this tactic. However, for stakeholders in PAG stock, they're not complaining, especially because of its 3.54% yield.Source: Mike Mozart via Flickr H&R Block (HRB)All services stocks provide important, and often necessary functions to society. However, no one has such an extreme love-hate dynamic like H&R Block (NYSE:HRB). Tax season is always a difficult time for families this time of year. Even if you're due for a refund, you don't like the paperwork involved.Of course, HRB stock makes a case for itself by alleviating this pressure for many families. This year, and moving forward, H&R Block presents an even more valuable service. That's because several taxpayers complained about the complexities and the surprise tax hit they incurred due to new laws.Moreover, the "gig economy" reshaped the labor force, with many (usually young) workers eschewing the corporate ladder for professional autonomy. Usually, though, this implies that these workers are independent contractors, which is a much more complicated tax process than being a run-of-the-mill employee.As such, you can expect HRB stock to significantly rise higher. And if not, the company is among the higher-paying dividend stocks, with a 3.68% yield.Source: Shutterstock Verizon (VZ)I'm usually not into dividend stocks as they don't fit my risk-taking personality. However, I recently took a shot with AT&T (NYSE:T). To summarize my bullish case for the telecom giant, I only need one "word," which obviously is 5G.However, AT&T isn't the only name among services stocks to benefit from the next-generation in wireless technology. Rival Verizon Communications (NYSE:VZ) offers similar fundamental upside. In fact, Verizon won a critical PR victory, becoming the first commercial 5G provider. But other reasons exist why you should consider VZ stock. * 7 Safe Stocks to Buy for Anxious Investors While I'm partial to AT&T as an investment, the company has leveraged itself with aggressive acquisitions. If they don't pan out, T shares will have serious problems. True, VZ stock isn't perfect in this department, but it's more stable than its core competitor.For this stability, you're not missing out that much in terms of passive income. Currently, Verizon offers a generous 4.09% dividend yield.Source: Flazingo Photos Via Flickr BG Staffing (BGSF)Back during the "analog" days, services stocks in the staff-sourcing industry had substantial relevancy. Primarily, organizations like BG Staffing (NYSEAMERICAN:BGSF) provided a useful platform for young workers to get their first professional job. Also, they helped get transitioning workers back on their feet.But with the rise of digitalization, along with social media outlets like Facebook (NASDAQ:FB), BGSF stock appears anachronistic. Often times, it's not about what you know, but who you know. Recent technologies have only made this adage frustratingly accurate, depending on your perspective.Still, I like BGSF stock and its chances to work its way out of its long-term funk. As I mentioned with H&R Block, BG Staffing benefits from the autonomous gig economy. Due to various factors such as changing employment dynamics, millennials won't typically stay at one job indefinitely.Admittedly, you'll probably need patience with BGSF stock. But while you're waiting, it's one of the highest-paying dividend stocks, featuring a 5.95% yield.Source: Jeremy Thompson via Flickr Six Flags Entertainment (SIX)Many investors have the mistaken impression that services stocks are boring; indeed, the name itself doesn't generate much excitement. However, this sector doesn't have to induce you into a coma, as renowned theme park Six Flags Entertainment (NYSE:SIX) proves.Famous (or notorious) for its stomach-churning rides, SIX stock has generated long-term gains since its initial public offering. Unfortunately, recent market sessions have offered the same diabolical sensations as you would get riding the theme park's "Full Throttle." * 7 Stocks to Buy for Over 20% Upside Potential Much of the volatility stems from SIX stock not recovering from its fourth-quarter 2018 earnings report. Although the company handily beat expectations for earnings per share, revenues disappointed against expectations. Six Flags delayed opening new locations in China due to its slowing economy.However, don't forget that revenues have consistently increased over the years. Furthermore, a possible trade deal between the U.S. and China would skyrocket SIX stock. Because of the risks involved, the company pays out a 6.37% dividend yield.Source: ATLAS Social Media via Flickr National CineMedia (NCMI)I concede that National CineMedia (NASDAQ:NCMI) is a tough pill to swallow. The broader market downturn has disproportionately impacted services stocks related to the cineplex industry. After gaining 10% in March it gave back all of that and then some, losing about 4% compared with this time last year.Given the popularity of streaming-entertainment firms like Netflix (NASDAQ:NFLX), National CineMedia seemingly has no chance. However, I'd advise against knee-jerk reactions when assessing NCMI stock. The box office, though a legacy institution, remains very much relevant in the 21st century.How, you may ask? Simply, cineplex operators provide a social experience that streaming-related services stocks cannot. In dying shopping malls, astute developers refocused their efforts to provide event-based attractions for family-oriented Hispanic communities, to resounding successes. Against a comparable backdrop, NCMI stock may receive a similar lift.If nothing else, National CineMedia is one of the most generous, legitimate dividend stocks. With a yield of 9.84%, it's a risky but incredibly attractive proposition.As of this writing, Josh Enomoto was long AT&T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Top 7 Service Sector Stocks That Will Pay You to Own Them appeared first on InvestorPlace.
NEW YORK, NY / ACCESSWIRE / May 24, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...
Lionsgate's (LGF.A) dismal fourth-quarter fiscal 2019 results can be attributed to decline in Motion Picture and Television Production revenues.
NEW YORK, NY / ACCESSWIRE / May 24, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 34 years ago, Quantum Computer Sciences was founded in Delaware. Where The ...
AT&T integrated Bitpay solution to allow cryptocurrencies as a payment option. The company joins the ranks of other corporations that have already enabled crypto payment. The US-based telecom giant AT&T ...
Exploring AT&T's Latest: Capex, Buybacks, Valuation, and More(Continued from Prior Part)Moving averagesRecently, AT&T (T) rose above its 20-day moving average, suggesting a bullish sentiment in its stock. On May 21, AT&T stock closed the
NEW YORK, NY / ACCESSWIRE / May 23, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...
Investing.com - The crypto market recovered on Friday mid-day in Asia with most major cryptocurrencies trading higher.
LOS ANGELES, CA / ACCESSWIRE / May 23, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against AT&T Inc. ("AT&T" or "the Company") (NYSE: T) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who acquired the Company's shares pursuant to its Registration Statement issued in connection with AT&T's acquisition of Time Warner in June 2018, or purchased the Company's shares between October 22, 2016 and October 24, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before May 31, 2019.
AT&T is upgrading its wireless network after buying Time Warner. AT&T earnings are stalling and shares are far off highs. Is AT&T stock a buy right now?