30.70 -0.08 (-0.26%)
After hours: 5:01PM EST
|Bid||30.76 x 900|
|Ask||30.77 x 900|
|Day's Range||30.65 - 31.23|
|52 Week Range||28.85 - 39.33|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||6.02|
|Earnings Date||Jan 30, 2019|
|Forward Dividend & Yield||2.00 (6.55%)|
|1y Target Est||34.76|
Democrats look to investigate the treatment of the AT&T-Time Warner deal and Trump's dealings with Amazon. Yahoo Finance's Dan Roberts, Melody Hahm, and Myles Udland debate.
In today's top tech stories, Democrats are to investigate Trump over his actions on AT&T and Amazon, and Facebook reportedly fired Oculus' Palmer Luckey over his political views.
President Donald Trump tweeted his support on Monday for a call by a cable industry group to investigate alleged anti-competitive practices by Comcast Corp, the world's biggest entertainment company. Trump appeared to agree with the industry' group's call for a probe, which it said it made to the Justice Department in a Nov. 6 letter.
Trump's tweet follows a call earlier Monday by the American Cable Association for the Department of Justice to investigate Comcast. The ACA claims Comcast owns "significant must-have local programming," allowing the company to raise prices and harm consumers.
In a tweet, President Donald Trump said Comcast "routinely violated antitrust law," in remarks he ascribed to the American Cable Association. The trade group did write a letter expressing concern that a vertically integrated Comcast-NBC Universal poses more of a threat than the AT&T-Time Warner deal that the Department of Justice also opposed. Trump has frequently taken aim at the alleged anticompetitive practices of media companies whose stories paint him in an unflattering light, including CNN owner AT&T , as well as Amazon , whose CEO Jeff Bezos is owner of the Washington Post.
Following elections earlier this month, the Democrats are in charge of the House, and that could have implications for Washington, D.C. and Dallas-based AT&T.
According to data compiled by Reuters, as of November 8, 14 analysts from various brokerage firms have been actively tracking Frontier Communications’ (FTR) stock. One analyst rated the stock a “buy,” seven analysts rated the stock a “sell,” and six rated the stock a “hold.” Nearly 50% of analysts gave the company a “sell” recommendation.
In this part of our series, we’ll look at Frontier Communications’ (FTR) valuation after its third-quarter results. As of November 8, Verizon (VZ) was the largest US telecom player by market capitalization at $240.8 billion, followed by AT&T (T) at $225.9 billion. In the US wireline space, Frontier had a market capitalization of $0.4 billion. Meanwhile, this metric for CenturyLink (CTL) and Windstream Holdings (WIN) was $22.8 billion and $0.2 billion, respectively.
Frontier Communications (FTR) stock’s closing price on November 8 was $4.01 per share. Based on that closing price, Frontier has a market capitalization of $0.4 billion. The stock is trading 2.8% above its 52-week low of $3.90 per share and 65.5% below its 52-week high of $11.64 per share.
Dish Network (DISH) has been improving its DISH TV churn rate in each quarter for more than five consecutive quarters. The company has been making efforts to acquire higher-quality subscribers amid increased pressure from online streaming competitors. The company has also been giving priority to customer requirements and has launched new innovative products to attract higher-quality customers.
While Austin is often thought of as the tech hub of Texas, Dallas-Fort Worth has a thriving sector of technology companies — from innovative startups to multibillion-dollar industry titans.
AT&T Inc. ( T) stock has fallen 21%, and now options traders are betting the stock drops 7% to a new low by the start of early next year. The company delivered earnings that came in below analysts estimates at the end of October, despite reporting in-line revenue. The shares recently plunged below technical support at $31.75, now that level will act as technical resistance.