|Bid||0.00 x 1100|
|Ask||32.55 x 29200|
|Day's Range||32.52 - 32.79|
|52 Week Range||26.80 - 34.30|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||12.26|
|Earnings Date||Jul 24, 2019|
|Forward Dividend & Yield||2.04 (6.27%)|
|1y Target Est||33.50|
(Bloomberg Opinion) -- At first blush, the optics of Huawei Technologies Co. staff working alongside China’s military aren’t great.Company employees teamed up with various organs of the Peoples’ Liberation Army on at least 10 research endeavors over the past decade, spanning artificial intelligence and radio communications, Bloomberg News reported Thursday, citing publicly available documents.Among the joint projects: extracting and classifying emotions in online video comments, and an initiative with the elite National University of Defense Technology on collection and analysis of satellite images and geographical coordinates. Just the types of surveillance research that most rattles the West. These aren’t even core areas of Huawei’s telecommunications business, which only raises more questions about the depth of its relationship with Beijing.Corporate-military research collaboration isn’t a novelty. It happens in almost every country. The problem is that the Shenzhen-based company has spent considerable time and energy trying to weaken any perception that it’s tied to the Chinese government.“We have no cooperation with the military on research,” founder Ren Zhengfei said to reporters in Shenzhen in January, according to a transcript Huawei provided to Bloomberg News. “Perhaps we sell them a small amount of civilian equipment. Just how much, I’m not clear on because we don’t regard them as a core customer.”The U.S. has long been suspicious of the equipment maker’s connections to the Chinese government, and has taken steps to hem in the reach of its 5G technology, citing national-security concerns. In recent months, the Trump administration has pressured allies to block the company and barred U.S. manufacturers from selling equipment to Huawei, among other Chinese firms.Supplying superfast connectivity beyond Huawei’s domestic market has been lucrative. While there’s still plenty of business – even U.S. allies such as the U.K. and Germany haven’t excluded Huawei completely – any scaling back of those ambitions threatens this growth momentum.That’s why, if Huawei’s ties to the PLA aren’t nefarious, greater transparency would go a long way. AT&T Inc., for example, has well-disclosed contracts for work with the U.S. army. Alphabet Inc.’s Google had a drone contract with the Pentagon, before opting not to renew it after employee backlash.Now Huawei is left with three choices: deny its ties to the PLA, play them down, or claim ignorance. Judging from its initial response to the Bloomberg News story, it seems to have opted for the last choice. Should this shift to denial, Huawei’s credibility worldwide might diminish. That leaves “playing it down” as the most likely strategy, including the classic block-and-bridge tactic of trying to reroute questions, or shifting focus to U.S. examples.Maybe the research collaboration by Huawei’s employees has purely civilian applications. But with the world’s attention on it, this is no time to be coy.To contact the author of this story: Tim Culpan at firstname.lastname@example.orgTo contact the editor responsible for this story: Rachel Rosenthal at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
INDIANAPOLIS, June 27, 2019 /PRNewswire/ -- At AT&T1, we've invested nearly $1.2 billion in our Indiana wireless and wired networks during 2016-2018. In 2018, AT&T made over 900 wireless network upgrades in Indiana, including those that led to the launch of 5G in the City of Indianapolis. "We're fortunate to have forward-thinking leaders in Indiana that encourage companies to invest more in wireless infrastructure," said AT&T Indiana President Bill Soards.
No matter how pessimistic the stock market gets, one thing remains true, Jim Cramer told his Mad Money viewers Wednesday. Cramer dedicated all of Wednesday's episode to the art and science of technical analysis, picking the best charts from his weekly "Off the Charts" segment and analyzing even closer. Cramer said it's because charts are like the footprints at the scene of the crime, clues to what the big money managers are likely thinking.
The media giant is paying a Netflix price for reruns of "The Office," but it doesn't have Netflix's audience.
Samsung and AT&T; recently opened their collaborative 5G Innovation Center to much fanfare. Here is what the two corporate behemoths are actually working on within the secretive walls of Samsung's multibillion-dollar facility in Austin.
MONTGOMERY, Ala., June 26, 2019 /PRNewswire/ -- At AT&T1, we've invested more than $1.4 billion in our Alabama wireless and wired networks during 2016-2018. "Alabama's leaders have worked hard to create an environment that welcomes this level of investment from AT&T and others in the private sector," said Katie Boyd Britt, president and CEO of the Business Council of Alabama.
SEATTLE, June 26, 2019 /PRNewswire/ -- At AT&T1, we've invested nearly $1.3 billion in our Washington wireless and wired networks during 2016-2018. In 2018, AT&T made over 2,300 wireless network coverage, capacity and speed upgrades in Washington. The AT&T LTE network covers more than 400 million people in North America.
LONDON, June 26, 2019 /PRNewswire/ -- AT&T* is powering Exide's digital transformation, the battery and energy storage company, with AT&T FlexWare. As a leading global provider of stored energy solutions, Exide delivers compelling solutions for the world's current and future power needs.
Some initial tests showing the Dallas company can outpace Verizon and Sprint — at least in a limited environment, CNET says.
Verizon stock usually is a dividend play, as are the shares of its rival AT&T.; But Verizon 5G lies ahead. Here's what various analyses say about Verizon as 5G wireless comes into play.
Vendon is using AT&T IoT solutions to automate its global business intelligence and telemetry system for connected coffee and vending machines LONDON , June 25, 2019 /PRNewswire/ -- With the help of AT&T* ...
On June 20, AT&T;’s 14-day relative strength index score was 59, which indicates that the company’s stock isn't oversold or overbought. T-Mobile and Sprint’s 14-day RSI scores were 62 and 64, respectively.
LOUISVILLE, Ky., June 25, 2019 /PRNewswire/ -- At AT&T1, we've invested nearly $800 million in our Kentucky wireless and wired networks during 2016-2018. 275 bandwidth expansions to enhance network capacity and speed.
WarnerMedia on Monday said it appointed Ann Sarnoff as the chief executive officer of Warner Bros, the first woman to run one of Hollywood's most powerful studios in its 96-year history. Sarnoff, currently president of BBC Studios Americas, will take over the studio behind "Wonder Woman," "Friends" and the Harry Potter franchise, following a scandal involving its previous studio chief. “I want to work closely with colleagues across WarnerMedia and make the whole more than the part,” Sarnoff said in a phone interview.
BBC executive Ann Sarnoff was named chief executive of Warner Bros. on Monday, making her the first woman to head the movie studio in its 96-year history. Her appointment follows the departure in March of Kevin Tsujihara, who stepped down after misconduct allegations.
SAN FRANCISCO, June 24, 2019 /PRNewswire/ -- Niantic has announced collaborations with AT&T and Simon to integrate special real-world activations in the augmented reality mobile game, Harry Potter: Wizards Unite™, across retail locations around the United States. Harry Potter: Wizards Unite is an augmented reality (AR) real-world mobile game co-developed by Niantic, Inc. and WB Games under the Portkey Games label. The game is now available on the App Store, Google Play, and Samsung Galaxy Store in the United States, United Kingdom, Australia, New Zealand as well as many other countries.
Dallas-based AT&T; Inc. (NYSE: T) said it has invested $800 million in the San Antonio-New Braunfels region over the past three years.
(Bloomberg) -- The studio that brought you “The Hunger Games,’’ “Mad Men’’ and “John Wick’’ is now facing its own existential question.Lions Gate Entertainment Corp. has lost more than half its market value over the last year as the once-idolized filmmaker struggles to find new megahits. On top of that, recent mergers have created entertainment behemoths that threaten to make smaller studios an afterthought in Hollywood’s new blockbuster environment.All that has created a new sense of urgency around the 22-year-old Lions Gate as it weighs its future: open itself to being acquired, sell off pieces, or try to bulk up to compete with the giants.“Some studios have scale and unfortunately some studios are now subscale,” said John Tinker, an analyst at Gabelli & Co. “The question is obviously, if you are a smaller studio and you do not own Marvel, what are you going to do?”Investors are worried and frustrated that management may have missed the M&A boat, said Geetha Ranganathan, a Bloomberg Intelligence analyst. “Time and options seem to be running out.”Lions Gate shares fell as much as 5.3% Monday to a seven-year low of $11.38 in New York. The company declined to comment.The studio was formed in 1997 in Vancouver by movie-loving mining financier Frank Giustra. It made its name distributing R-rated movies like “American Psycho” and, with the acquisition of Summit Entertainment in 2012, was propelled into the big leagues by the teen-vampire “Twilight” film saga. That same year it also launched the “The Hunger Games’’ franchise. (The studio announced last week there might be a prequel.)But as a smaller company, Lions Gate has long been a target of merger speculation. Companies from Metro-Goldwyn-Mayer to Sony to CBS Corp. have been linked to potential deals. Two years ago, Lions Gate walked away from talks with game-maker Hasbro Inc. involving a $41 a share offer, worth almost $9 billion, people familiar with the situation said.Today, the stock trades below $12, weighed down by two years of declining revenue in its motion picture division, and merger talks have picked up again. Lions Gate has held informal discussions in the past year with companies that may be interested in buying the whole business, people with knowledge of the situation said. But with the stock at seven-year lows, the studio isn’t interested in selling itself at the moment, people close to the situation said.A handful of other strategies are under discussion. One is to buy a stake in Miramax, the film producer formerly owned by the Weinstein brothers, one of the people said. Its current owner, BeIn Media Group, has recently sought buyers for a minority stake. Such a move would give Lions Gate access to a library of Oscar-winning movies such as “Shakespeare in Love” and, more recently, revived franchises like “Halloween.” A Miramax spokesman declined to comment.Starz SaleThe company is also considering selling the studio’s pay-cable network Starz, which contributes more than half its profits. Lions Gate last month turned down a $5 billion informal bid from CBS for Starz, but a sale remains a possibility, according to people familiar with the situation. If that happens, industry sources say, a slimmed-down Lions Gate might become more attractive to potential bidders. Others suggest the studio would be a tough sell without Starz.Meanwhile, the studio is looking to raise perhaps several hundred million dollars from investors to expand Starz internationally. That effort will be slowed down by upcoming negotiations with AT&T’s DirecTV over fees to carry the channel.At recent stock prices, Lions Gate is valued at less than the sum of its parts, according to Tim Nollen, a Macquarie Capital analyst. Shares could be worth $21 in a breakup, with a $5 billion valuation for Starz, $1.5 billion for the motion picture unit and $1 billion for the TV segment.Malone StakeFor investors such as cable magnate John Malone, who first bought shares in 2015 at around $30, it’s a rare miss. He controls about 8% of Class A shares. Hedge fund manager Mark Rachesky, Lions Gate’s chairman, is the biggest investor with a 19% Class A stake. He has owned shares since 2004 and backed the studio in fighting off a takeover by Carl Icahn in 2010.A spokeswoman for Malone did not return requests for comment. A spokeswoman for Rachesky declined to comment.Trends sweeping Hollywood will only make it more difficult for Lions Gate to remain independent. The merging of Disney and Fox’s film companies, and AT&T and Time Warner Inc., along with Comcast’s Universal Pictures, has created a trio of studios that own and produce well-known blockbuster movie franchises, such as the Marvel superhero universe and DC Comics. The result is a small group of big films increasingly dominating the box office.Netflix ProductionMoreover, buyers for Lions Gate’s typically mid-budget fare may be shrinking. Disney and WarnerMedia are investing billions in making their own shows to lure subscribers to new streaming services. Netflix Inc., too, is producing more and more of its original content in-house, a big change from the early days when Lions Gate’s “Orange Is the New Black’’ helped make the streaming channel required viewing. That trend could lessen demand for TV programs and films made by independent studios.Lions Gate has had some successes lately. “John Wick: Chapter 3--Parabellum” helped lift it to fourth in the box office this year, ahead of competitors like Viacom Inc.’s Paramount Pictures and Sony Pictures. And the studio is still finding buyers for its shows, recently selling to HBO, NBC and even streaming platforms run by WarnerMedia and Apple Inc.Jim Gianopulos, chief executive officer of one of the smaller shops, Paramount Studios, said that appealing programming will ultimately win out regardless of production size. “Scale has its virtues, but the creative process is independent of it,” Gianopulos said in an interview.But some analysts aren’t so confident.“For the longest time, people thought the studios would come out as the winners because they own the content,” Ranganathan said. But in the wake of the mergers, “You need established franchises. If you don’t have scale, you can’t compete.”(Updates with analyst’s comment in fifth paragraph.)To contact the reporters on this story: Anousha Sakoui in Los Angeles at firstname.lastname@example.org;Nabila Ahmed in New York at email@example.comTo contact the editors responsible for this story: David Papadopoulos at firstname.lastname@example.org, ;Nick Turner at email@example.com, Larry ReibsteinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
After meeting David Christopher, the president of AT&T’s mobility and entertainment groups, BofA came away unconcerned about the stock's lower valuation and subscription losses in its video business, Barden said in a Monday note.
We spent the day at AT&T's Shape event in Los Angeles testing a Galaxy S10 5G phone on the new 5G Plus network. In short: it was crazy fast.