T - AT&T Inc.
38.17 0.00 (0.00%)
After hours: 4:43PM EST
| Previous Close | 38.06 |
| Open | 38.02 |
| Bid | 38.12 x 1800 |
| Ask | 38.17 x 3200 |
| Day's Range | 38.00 - 38.25 |
| 52 Week Range | 26.80 - 39.70 |
| Volume | 16,247,234 |
| Avg. Volume | 30,190,942 |
| Market Cap | 279B |
| Beta (3Y Monthly) | 0.58 |
| PE Ratio (TTM) | 17.11 |
| EPS (TTM) | 2.23 |
| Earnings Date | Jan 29, 2020 |
| Forward Dividend & Yield | 2.04 (5.36%) |
| Ex-Dividend Date | 2019-10-09 |
| 1y Target Est | 39.02 |
- Yahoo Finance
Why there's 'no silver bullet' to stopping illegal robocalls: USTelecom CEO
Spam calls have reached “epidemic” status -- with Americans receiving a staggering 5.6 billion robocalls in November alone.
- PR Newswire
AT&T Invests More Than $1.5 Billion Over 3-Year Period to Boost Local Networks in St. Louis
At AT&T1;, we've invested more than $1.5 billion in our St. Louis wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.
- PR Newswire
AT&T Invests Nearly $625 Million Over 3-Year Period to Boost Local Networks in Kansas City
At AT&T1;, we've invested nearly $625 million in our Kansas City wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.
- PR Newswire
AT&T Invests More Than $100 Million Over 3-Year Period to Boost Local Networks in Wichita
At AT&T1;, we've invested more than $100 million in our Wichita wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.
- PR Newswire
AT&T Invests Nearly $1.8 Billion Over 3-Year Period to Boost Local Networks in Missouri
At AT&T1;, we've invested nearly $1.8 billion in our Missouri wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.
- PR Newswire
AT&T Invests More Than $110 Million Over 3-Year Period to Boost Local Networks in Topeka
At AT&T1;, we've invested more than $110 million in our Topeka wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.
- PR Newswire
AT&T Invests More Than $725 Million Over 3-Year Period to Boost Local Networks in Kansas
At AT&T1;, we've invested more than $725 million in our Kansas wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses. We've also improved critical services that support Public Safety and first responders using the FirstNet communications platform.
- Zacks
Frontier Unveils Call Authentication Technology With Neustar
Frontier (FTR) collaborates with Neustar to thwart robocalls with the deployment of latest technology solutions for protecting consumers from malicious telephonic scams.
- Investing.com
Stocks - Gamestop, American Eagle, Chevron Slump Premarket
Investing.com -- Stocks in focus in premarket trade on Wednesday, 11th December.
- Barrons.com
AT&T Plans to Cut Spending by $1.5 Billion in 2020
(T) seems intent on demonstrating to the market that it has gotten religion about fiscal responsibility. In a presentation Tuesday at the UBS Global TMT Conference, AT&T President John Stankey said the company plans to cut spending by $1.5 billion next year via reductions in labor and overhead costs. AT&T disclosed the details of Stankey’s presentation in a press release.
- Zacks
How Trading Your Own Retirement Can Fleece Your Financial Future - December 11, 2019
From understanding your risk tolerance to maintaining emotional control, achieving your retirement goals takes a much different investing approach than regular stock trading.
- Zacks
6 Trade-Proof Sector ETFs to Follow if No Deal is Cracked
These sector ETFs are almost trade-resistant and thus unlikely to suffer if no deal is cracked before Dec 15.
- Zacks
The Zacks Analyst Blog Highlights: Apple, Netflix, AT&T, Disney and Amazon
The Zacks Analyst Blog Highlights: Apple, Netflix, AT&T, Disney and Amazon
- Bloomberg
Our Huge Wireless Merger Won't Cost You. We Promise.
(Bloomberg Opinion) -- T-Mobile US Inc. and Sprint Corp. are in court dueling with a group of state attorneys general over whether their merger will be harmful to consumers, even though it shouldn’t even be a debate. In what possible scenario would removing a low-cost rival from an already highly concentrated industry not have a negative effect on competition?The wireless carriers are contorting themselves into a pretzel trying to make the illogical argument that their merger will instead benefit customers — and somehow it’s working. Antitrust authorities appointed by President Donald Trump accepted this rationale with a straight face: The U.S. Federal Communications Commission, led by Ajit Pai, and the antitrust division of the Department of Justice, led by Makan Delrahim, each gave its blessing to the deal in recent months on the condition that the two companies make some painless concessions. Now, in a last line of legal defense and an unusual turn for such transactions, the matter is being tried in a case brought by plaintiffs Letitia James of New York and 13 other attorneys general. They are arguing that the remedies don’t go far enough to address the antitrust violations. They don’t, and yet there’s no telling which way this trial will go. Competition between T-Mobile and Sprint during the last few years resulted in lower plan prices for wireless customers, even putting pressure on industry leaders Verizon Communications Inc. and AT&T Inc. It’s how unlimited data offerings came about. Without Sprint in the mix, this healthy competitive spirit is diminished. No acrobatics of economic modeling can camouflage this fact, and still the facts are in dispute. How very 2019.Text messages from 2017 between Roger Sole, Sprint’s head of marketing, and its then-CEO Marcelo Claure (who is now executive chairman) were revealed on Monday, the first day of the trial. As the two companies were negotiating the deal, Sole wrote to Claure that the combined entity could generate $5 more from each subscriber per month, and that the consolidation would even provide a boon to AT&T and Verizon. Sole may have been just spit-balling, and the state attorneys have a stronger case than to put too much stock in some gotcha private texts. Still, the conversation strongly suggests that greater pricing power was absolutely a motivation for the transaction, and it’s naive of anyone to think otherwise. T-Mobile and Sprint have agreed not to raise prices for three years, which is the blink of an eye in the business world and further demonstrates that the company’s goal is to eventually do so. Three years also conveniently brings the company to the point at which there may be little room left for cost-cutting, and so it will need to look to other ways to boost growth and margins. That’s if there aren’t loopholes in the agreement that it can exploit sooner. As well-liked as the gregarious T-Mobile CEO John Legere is — and as admirable as his track record is in fostering industry innovation — his personal promise that the company won’t take advantage of newfound pricing power should carry little weight. He won’t even be there to see it through. There are other business benefits beyond the ability to raise prices. For one, Sprint is a financially challenged company with a tarnished brand that is struggling to compete against its larger rivals. Selling to T-Mobile, which is on far healthier footing, would be good news for frustrated shareholders, such as Masayoshi Son of SoftBank Group Corp., the Japanese conglomerate that controls Sprint. The companies would also get to combine their spectrum assets and join forces on building a nationwide 5G wireless network.The U.S. needs to be competitive in 5G, but waving the American flag and trying to put the fear of China into regulators isn’t a legitimate defense against antitrust enforcement. Plus, it’s hard to see how blocking the merger would set the nation back — both companies are investing in 5G regardless. As for the notion that T-Mobile is preserving competition by rescuing Sprint before it potentially goes belly-up, it just doesn’t hold water because other bidders are probably out there. While companies like Comcast Corp. and Charter Communications Inc. may be seen as the Big Bad Cable Guys, either one owning Sprint would still maintain a four-carrier market, whereas T-Mobile’s deal wouldn’t.One of the remedies sought by the DOJ was to allow satellite-TV provider Dish Network Corp. access to the T-Mobile network while Dish builds its own. But Dish is a long, long ways from ever replacing Sprint. The DOJ’s lax stance on this deal would also seem to contradict the concerns it recently raised about anti-competitive business practices in the tech world, where immense market power is wielded by so few players.In the book “The Myth of Capitalism: Monopolies and the Death of Competition,” Jonathan Tepper and Denise Hearn make the case that the U.S. has an oligopoly problem — that is, industries have become too concentrated to the detriment of consumers and workers, in large thanks to anti-competitive mergers. My colleague John Authers, who runs the Bloomberg book club, and I will be discussing this with the authors in a live chat on Wednesday at 11 a.m. New York time. It’s a timely conversation as the T-Mobile-Sprint situation plays out. Terminal subscribers can join us at TLIV and send comments or questions to authersnotes@bloomberg.net.There’s more to come in the trials and tribulations of Sprint’s unending quest to merge with T-Mobile. But whatever headlines emerge from the courtroom, this fact won’t change: A merger means market power will be concentrated in fewer hands.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- MarketWatch
Atlanta newspaper criticizes Clint Eastwood’s reporter portrayal in Olympic bombing film ‘Richard Jewell’
During the 1996 Olympics bombing in Atlanta, a security guard initially cast as a hero was recast as a villain virtually overnight. More than 20 years later, a movie to be released later this week, “Richard Jewell,” explores the roles played by law enforcement and the media in the guard’s ordeal. Now the movie is drawing its own share of criticism.
- PR Newswire
AT&T President and COO John Stankey Updates Shareholders
John Stankey, president and chief operating officer of AT&T; Inc.* (NYSE:T), and CEO, Warner Media LLC, spoke today at the UBS Global TMT Conference during which he provided an update to shareholders.
- American City Business Journals
Streaming is not a 'zero-sum game,' says WarnerMedia CEO
When HBO Max rolls out in May, will Netflix subscribers who've already added Disney+ to their streaming lineup be willing to add another service? AT&T Inc. (NYSE: T) President and COO John Stankey thinks so. The telco giant's WarnerMedia, of which Stankey also serves as CEO, is joining the streaming wars next year with 10,000 hours of content from across the company's portfolio including Warner Bros., New Line, DC Entertainment, CNN, TNT, TBS, truTV, CW, Turner Classic Movies, Cartoon Network, Adult Swim, Crunchyroll, Rooster Teeth and Looney Tunes.
- Benzinga
Cramer: Elliott Management's AT&T Stake Is A Reason To Buy Telecom Stock
Moffett's bearish stance on AT&T boils down to the company's inability to hit its 2020 and 2022 guidance. AT&T's stock price, which is near $38, already factors in the possibility of the telecom missing its targets, he said.
- American City Business Journals
Warner Bros. responds to Cox, AJC attorney seeking 'Richard Jewell' disclaimer
The back and forth continues over Clint Eastwood's upcoming film "Richard Jewell," which The Atlanta Journal-Constitution claims inaccurately portrays one of its former reporters as a "sex-trading object."
- Zacks
Golden Globe Nomination for Apple Show Stirs Up Competition
Apple's (AAPL) The Morning Show receives three nominations at Golden Globe. Netflix tops with 34 nominations, including 17 in television.
- Zacks
TELUS Unveils Call Validation Technology to Combat Robocalls
TELUS (TU) showcases its call-authentication technology for Canadian Radio-television and Telecommunications Commission and Federal Communications Commission to thwart robocalls.
- Zacks
S&P 500 Communication Services Sector Outperforms: Here's Why
It is surprising to see that Communication Services sector outperforming the broader market this year amid a prolonged rally.
- Zacks
Streaming TV Wars: Netflix Dominates Golden Globes Nominations
Netflix clinched its first-ever Golden Globes best picture nominations Monday. The streaming TV powerhouse grabbed 34 nominations, across the movie and television categories...
- American City Business Journals
AT&T to raise prices on its DirecTV, U-Verse as ‘programming costs continue to increase’
AT&T (NYSE: T) is readying price increases in more of its television lineup. The Dallas telecommunications and media company is set to raise costs in 2020 for consumers on some packages for DirecTV, which is delivered over satellites, and U-Verse, its traditional competitor for cable companies that run over wires, according to its websites. The price increases come after AT&T boosted the price of its more modern streaming packages that target digitally minded customers who “cut the cord.” In October, the company said AT&T TV Now will see a $15 increase for its “plus” package – then $50 monthly – and customers on other plans got a $10 increase.
