32.10 +0.02 (0.06%)
After hours: 7:50PM EDT
|Bid||32.08 x 800|
|Ask||32.10 x 36100|
|Day's Range||31.92 - 32.18|
|52 Week Range||26.80 - 35.33|
|Beta (3Y Monthly)||0.82|
|PE Ratio (TTM)||11.26|
|Earnings Date||Apr 24, 2019|
|Forward Dividend & Yield||2.04 (6.51%)|
|1y Target Est||33.85|
Senior executives at T-Mobile US Inc and Sprint Corp made the case to U.S. officials in Washington last week that they should approve a planned tie-up between the two wireless companies, arguing a combined ...
NEW YORK, NY / ACCESSWIRE / April 22, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders ...
The fracas over 5G "E" is over for AT&T and Sprint. “We have amicably settled this matter," a spokesperson for AT&T (NYSE: T) said in an email. A spokesperson for Sprint (NYSE: S) confirmed the settlement as well.
Verizon has avoided major acquisitions that would diversify its business. So when Verizon earnings come out early April 23, its wireless results and 5G network plans will be in focus.
Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T), wireless industry competitors with diverging business strategies, are among the first major companies in the newly formed Communication Services sector to report this quarter. VZ and T are the two largest wireless carriers in the U.S. by subscribers, and both companies stocks struggled after their previous quarterly reports. The Communication Services sector was created just a few quarters ago, combining companies that were in Info Tech and Consumer Discretionary with those from the old Telecom sector. With the mass amount of consumers in nearly nonstop contact with communications devices, companies here like VZ and T might consider the thriving consumer as a good sign for their bottom line.
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in AT&T Inc. (“AT&T” or the “Company”) (NYSE:T) of the May 31, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in AT&T common stock pursuant or traceable to the Securities and Exchange Commission (“SEC”) S-4 registration statement and prospectus issued in connection with AT&T’s June 2018 acquisition of and merger with Time Warner or purchased or otherwise acquired securities between October 22, 2016 and October 24, 2018 and would like to discuss your legal rights, click here: www.faruqilaw.com/T. There is no cost or obligation to you.
NEW YORK, NY / ACCESSWIRE / April 22, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you ...
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.
“The Curse of La Llorona” exceeded expectations at the domestic weekend box office, but overall the Easter holiday frame was the slowest in nearly a decade and a half. The horror flick haunted the top spot with an estimated $26.5 million, delivering the third No. 1 ranking in a row for Warner Bros. and New Line, now divisions of AT&T Inc. (NYSE: T). Year-to-date, the 2019 box office is running 16 percent behind last year, which holds the record for annual ticket sales.
AT&T;'s Turner helped to form ad-buying group OpenAP in 2017; now AT&T; and WarnerMedia are out of the consortium.
Investors are understandably dusting off their playbooks for late-cycle investing these days, says AllianceBernstein strategist Richard Brink, but this isn’t your typical late cycle, and typical late-cycle responses might not apply this time around.
AT&T framed the $85 billion acquisition as a transformative move, giving the company the best films and TV programs to pipe into homes, mobile phones and tablets, and positioning the telecom giant to parry Netflix Inc.’s assault on pay TV. “There’s a whole wish list of things that aren’t getting done until they improve their balance sheet,” said Jennifer Fritzsche, an analyst with Wells Fargo Securities who has a neutral rating on the stock. AT&T, which reports financial results Wednesday, is under pressure to stem the loss of customers at DirecTV, win back mobile customers, build a 5G network, boost the dividend, develop an advertising business, fund new film and TV hits, and launch an HBO-centered streaming service.
AT&T's Q1 Results Are around the Corner: What Wall Street Expects(Continued from Prior Part)AT&T’s postpaid phone churn rate In this article, we’ll talk about AT&T’s (T) customer retention metric, or its churn rate. Wall Street
Verizon stock (ticker: VZ) has returned 5.5% this year, including dividends. Over the past year, however, Verizon stock has delivered a 27% return, ahead of the index and its competitors. • Verizon’s strategy has diverged from that of its main rival AT&T over the past year—the subject of a recent Barron’s cover story.
NEW YORK, April 22, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
NEW YORK, NY / ACCESSWIRE / April 22, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed againstthe following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq.
Will the T-Mobile–Sprint Merger Deal Survive?(Continued from Prior Part)TVision starts at $90 per month This month, T-Mobile (TMUS) launched its long-anticipated TV service, diversifying into the TV subscription market and opening another revenue
AT&T's Q1 Results Are around the Corner: What Wall Street Expects(Continued from Prior Part)AT&T’s prepaid customers In this article, we’ll take a look at the kind of prepaid customer net additions we can expect from AT&T’s (T)
AT&T (T) restructures its WarnerMedia business to focus more on video streaming service and fine-tuned its operating model with the evolving needs of customers, which is likely to translate into higher revenues in Q1.
Will the T-Mobile–Sprint Merger Deal Survive?Antitrust questions raisedA year ago, T-Mobile (TMUS) and Sprint (S) agreed to merge in an all-stock deal that valued the latter at ~$26 billion. Although the companies have secured some of the
AT&T's Q1 Results Are around the Corner: What Wall Street ExpectsAT&T’s postpaid phone net additionsAT&T (T), the second-largest mobile operator in the United States, is looking to showcase its strength as it nears its first-quarter
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)AT&T 5G enters 19 cities as Verizon eyes a rollout in 30 cities This month, AT&T (T) reached 19 cities with its 5G mobile phone service, and it’s eyeing
Verizon Communications (NYSE:VZ) arguably won the 5G race in October, when it launched the nation's first wireless 5G at-home broadband service. Granted, it was a dubious win that may or may not have actually helped boost VZ stock. Being the first to achieve any technological feat, however, translates into good publicity.Source: Shutterstock Now the telecom giant may be positioning to set the pace for "real" 5G when that becomes the norm sometime later this year. Specifically, on Tuesday Verizon announced a "Built on 5G Challenge" which is supposed to encourage tech developers to create solutions that best utilize the power of ultra-high-speed wireless connections. * 7 Healthy Dividend Stocks to Buy for Extra Stability The contest is once again great publicity, but more than that, it may actually serve as a breeding ground that puts Verizon front-and-center among the outfits aiming to utilize the nascent platform.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt may also be something of a red flag for VZ and VZ stock. The First to Cross the Finish Line5G is not yet available to most smartphone owners, but should be later this year. Once the infrastructure is in place and wireless customers have the right phones, they will enjoy 5G broadband speeds that are effectively 20 times faster than the standard 4G network most smartphone users utilize now.5G will easily make mobile phones powerful entertainment and business tools, but that won't be the most exciting part of it. The oft-discussed Internet of Things (IoT) era, for instance, will be ushered in by 5G connectivity, enabling the automated transfer of massive amounts of digital data.But Verizon's October unveiling of at-home 5G connectivity was aimed at consumers who want high-speed internet, delivered by a provider that won't run a physical line all the way to their homes.That launch was widely criticized because the hardware used to power the connections doesn't comply with the working standard the industry's other key players like AT&T (NYSE:T) and T-Mobile (NASDAQ:TMUS) have decided upon. That standard is known as 5G NR.Verizon's 5G TF hardware will have to be swapped out once 5G NR standards are firmed up. Sprint (NYSE:S) even went as far as to file a lawsuit against Verizon for what it alleges are misleading statements about Verizon's 5G network.But building a standard-compliant 5G network was never Verizon's point. Demonstrating its lead in 5G was its point and purpose.Mission accomplished. But at what cost and to what end? Uses Remain UnclearWhile 5G NR technology may not be completely ready, the 5G NR standard is gelled enough to be used as a developmental platform. To that end, VZ has committed a prize pool of $1.75 million that will be given to the top three small companies that come up with the best ideas on how to use 5G.The contest tacitly touches on one stumbling block for 5G:it will be very expensive to utilize the most impressive capabilities of 5G.While 5G connections via smartphones don't appear as if they will cost mobile customers leaps and bounds more than 4G connectivity, consumers don't necessarily need wireless connection speeds 20 times faster than their current service.That's not true of companies and other organizations. Networks of thousands of smart meters that a utility company may wish to deploy, precision manufacturers, and smart/self-driving vehicles all need ultra-high-speed connections and can make the best use of them. Those applications of 5G technology will be very expensive.Beyond that, though, practical applications of the technology remain fuzzy. Even as recently as January, the best argument Verizon CEO Hans Vestberg could muster for 5G was, "It's so much more - it's going to be cordless manufacturing, it could be retail stores that capture real-time information in order to give you, as a customer, a much better experience when you're in the store."Retailers may, however, have maxed out on the amount of technology they truly need to tap. Manufacturers seems to be doing well enough as-is.It's time for the specifics to start materializing. The Bottom Line on VZ StockThe contest, which is more of a grant program, in and of itself will do little to prod VZ stock in either direction. What VZ learns and the tech it gains from the Built on 5G Challenge, however, may serve as seeds for the company's biggest current priority.And it needs to. While customers often have difficulty initially understanding and utilizing new technologies, some recent tech evolutions have proven to be more bark than bite even well after theior launch. Virtual reality comes to mind. It was and is amazing, but it's hardly the earth-shattering development it was billed to be.It's a matter current and would-be owners of VZ stock may want to put on their radars, considering the company plans to spend between $18 billion and $19 billion on equipment next year, and most of that spending is meant to maintain Verizon's lead in the 5G race.Related questions are likely to come up during the Q&A portion of the company's Apr. 23 earnings call.As of this writing, James Brumley held a long position in AT&T. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Can 5G Really Boost Verizon Stock? appeared first on InvestorPlace.
Bee Downtown is betting on beekeeping to help a growing number of companies like Delta and AT&T improve their business and the environment. Leigh-Kathryn Bonner, Bee Downtown Founder & CEO, says the companies' employees “learn how to be effective leaders through the eyes of a beehive and through the eyes of a beekeeper.” Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak to her.