|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||32.47 - 33.70|
|52 Week Range||32.47 - 40.06|
|PE Ratio (TTM)||6.95|
|Earnings Date||Apr 23, 2018 - Apr 27, 2018|
|Forward Dividend & Yield||2.00 (5.69%)|
|1y Target Est||40.11|
The world has long trusted Google, Facebook and Amazon to wield their immense power with good judgment. But revelations including Russian use of social media to influence elections, the harvesting of Facebook ...
Time Warner Inc.’s adjusted operating income fell in its latest quarter, dropping across CNN parent Turner, HBO and Warner Bros., as rising expenses offset higher revenue in some segments. The company reported adjusted operating income—a metric that measures profit from operations excluding items such as costs from a proposed deal with AT&T—fell 8.2% from a year ago to $1.98 billion. The metric fell 25% for Warner Bros., as the company said “the mix and timing of releases” hurt revenue from its theatrical and television divisions.
Even if a federal judge sides with AT&T Inc. in its fight to take over Time Warner Inc. for $85 billion, victory won’t have come cheap.
AT&T Inc. and U.S. antitrust enforcers are set for their final face-off in court over the phone giant’s planned takeover of Time Warner Inc. now that testimony in the merger trial ended. The two sides will make closing arguments Monday in Washington before U.S. District Judge Richard Leon, who will decide whether to grant the Justice Department’s request to block AT&T’s $85 billion acquisition of Time Warner on antitrust grounds. The Justice Department on Thursday finished questioning its final witness in the case, Professor Carl Shapiro, an economist at the University of California at Berkeley, who reemphasized his earlier testimony that the deal will reduce competition.
Sprint (S) is expected to release its fiscal 4Q171 results on May 2. In this series, we’ll discuss the expectations for the company’s performance during the quarter.
In the previous part of this series, we looked at Frontier Communications’ (FTR) expected revenue growth in 1Q18. Now let’s take a look at its expected adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) in 1Q18. Wall Street analysts expect Frontier’s consolidated adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) to fall ~2.5% YoY (year-over-year) to ~$0.9 billion in 1Q18.
Did Verizon Beat Earnings Estimates in 1Q18? Let’s take a look at the two most important components of Verizon’s (VZ) wireless revenues. The smaller portion comprises the company’s wireless equipment revenues, and the larger portion comprises its wireless service revenues.
Stocks that moved substantially or traded heavily Thursday: Facebook Inc., up $14.47 to $174.16 The social media company had a strong first quarter as its data privacy scandal didn't appear to hurt its ...
As reported by The Wall Street Journal on April 19, AT&T (T) CEO Randall Stephenson revealed that the company plans to launch a live TV service, AT&T Watch. The service will cost only $15 per month and will be free for AT&T Unlimited Wireless subscribers. The service is set to be one of the cheapest in the market—to compare, Dish Network’s (DISH) Sling TV entry-level package costs $20 per month. AT&T Watch will not include sports channels.
In the previous part of this series, we looked at Wall Street analysts’ expectations for Frontier Communications (FTR) in 1Q18. Now let’s take a look at its expected total revenue for the quarter. Analysts expect its total revenue to decline ~7% YoY (year-over-year) to ~$2.2 billion in 1Q18.
Verizon Communications (VZ) posted 1Q18 consolidated revenues of $31.8 billion—well above the Wall Street analysts’ consensus estimate of $31.2 billion. Its top line rose ~6.6% on a YoY (year-over-year) basis. In 1Q17, Verizon’s total revenues stood at $29.8 billion.
AT&T, the second largest U.S. wireless carrier and largest pay-TV provider, published a mixed set of Q1 2018 results amid continued headwinds at the company’s traditional pay-TV operations and subscriber losses at its lucrative postpaid wireless phone business.
Yahoo Finance’s Alexis Christoforous and Santosh Rao of Manhattan Venture Partners talk about earnings for some top tech companies.