29.56 +0.14 (0.48%)
After hours: 7:33PM EST
|Bid||29.47 x 800|
|Ask||29.52 x 800|
|Day's Range||29.40 - 30.18|
|52 Week Range||28.85 - 39.33|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||5.71|
|Earnings Date||Jan 30, 2019|
|Forward Dividend & Yield||2.00 (6.60%)|
|1y Target Est||34.48|
California's regulatory environment and cost of doing business were popular targets at a Dallas relocation summit, but speakers also acknowledged the Golden State's strengths.
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as AT&T Inc (NYSE:T) a safer option. One reason being its ‘too big to fail’ aura Read More...
T-Mobile (TMUS), the United States’ third-largest wireless service provider, has been continuously investing in capex to improve its network. In the third quarter, T-Mobile spent $1.3 billion on cash capex excluding capitalized interest, which was down from $1.5 billion in the second quarter and from $1.4 billion in the third quarter of 2017.
Now let’s take a look at T-Mobile’s (TMUS) prepaid customer net addition trend over the last few quarters. As per the company, the significant YoY (year-over-year) fall was due to higher competitive activity in the marketplace, which was partially offset by fewer migrations to postpaid plans. T-Mobile’s number of prepaid customers grew ~2.4% YoY to reach 21.0 million by the end of September.
Chipmaker Nvidia last week issued revenue guidance for the current quarter of $2.7 billion, falling well short of analysts’ consensus estimates of $3.4 billion. The global cryptocurrency mania — not only for bitcoin (BTCUSD) but similar absurdities — led to strong demand for graphics processing units (GPUs), which Nvidia is a leader in, as they are used to run the computations necessary to “mine” cryptocurrencies. Granted, Nvidia’s (NVDA) chips are not only about bitcoin mining but are vital to a number of other applications that are centered on the global phenomenon of artificial intelligence (AI).
According to data compiled by Reuters, as of November 14, 47% of the total 30 analysts covering Verizon (VZ) stock have given it a “buy” rating. Meanwhile, 53% of analysts gave it a “hold.” None of the analysts gave it a “sell” rating.
Nokia (NOK) has recently signed 5G-related (fifth-generation) contracts worth ~$2.3 billion with China Mobile (CHL), China Unicom (CHU), and China Telecom. The contracts call for Nokia to supply equipment and provide services to help these operators improve their network speed, capacity, and reliability as they prepare for the rollout of 5G services. For China Mobile in particular, the latest contract marks an expansion of its relationship with Nokia.
Verizon’s (VZ) closing price on November 14 was $58.94 per share. Based on that closing price, Verizon has a market capitalization of ~$242.4 billion, the largest among all the major US mobile operators. The stock is trading 33.6% above its 52-week low of $44.11 per share and 0.8% below its 52-week high of $59.40 per share.
A year ago, I wrote about the worrying increase in leverage among America’s blue chips caused by share repurchases (“Hollowed-out blue chips are the next subprime”). Today I want to return to the subject, because the travails of General Electric are a reliable signal of the trouble ahead for the large corporate sector of the U.S. economy. The share price is now $8.60, so the company has liquidated between $23 billion and $29 billion of its shareholders’ money on this utterly futile activity alone. Since the highest net income recorded by the company during those years was $8.8 billion in 2016, with 2015 and 2017 recording a loss, it has managed to lose more on its share repurchases during those three years than it made in operations, by a substantial margin.
As of November 14, Verizon’s (VZ) market capitalization was $242.4 billion, making it the largest US wireless carrier in terms of market capitalization. In comparison, Sprint (S) had a market capitalization of $25.3 billion, AT&T’s (T) market capitalization was $220.7 billion, and T-Mobile’s (TMUS) market capitalization was $57.8 billion.
In all, the California Film Commission awarded $73 million in tax credits to 15 projects in this round.
The White House on Monday said it had made a final decision to restore press credentials for CNN reporter Jim Acosta, ending a court fight, the network said. The decision came three days after a judge in Washington ordered the Trump administration to temporarily restore the journalist's press pass, which was revoked after a contentious news conference with the president. The decision reverses a Friday letter by the White House that said Acosta's press pass could be revoked again right after the judge's temporary order expired.
Ericsson (ERIC) held its 2018 Capital Market Day on November 7 and used the event to announce an upgraded revenue target for 2020. Ericsson’s revenue upgrade is based on improving strength in the company’s core networks business. Nokia’s (NOK) networks business also returned to growth in the quarter, rising 1.0% YoY.
The approval inches the deal closer to completion and might have some investors asking themselves if now is the time to buy DIS stock?
“The Crimes of Grindelwald” roared overseas, though, with $191 million from 79 international markets for a $253 million global debut.
EL SEGUNDO, Calif., Nov. 19, 2018 /PRNewswire/ -- Following the dramatic finale of season 2 of "Mr. Mercedes," AT&T AUDIENCE Network has picked up this critically acclaimed drama for a 3rd season. The series is produced by Sonar Entertainment. Returning for the 3rd season will be David E. Kelley ("Big Little Lies," "Ally McBeal") to oversee the writer's room and Jack Bender ("Lost," "Under the Dome") to direct.
Verizon (VZ), the largest wireless service provider in the United States, has been consistently focusing on improving its network to add more subscribers, as the subscriber base determines the performance of a mobile operator. During the third quarter, the company gained 419,000 total retail subscribers compared to 295,000 net additions in the second quarter. Verizon reported a net increase of 515,000 retail postpaid connections in the third quarter. ...
AT&T (T) is likely to maintain its solid healthy growth momentum on the back of its solid Wireless business and incremental contribution from WarnerMedia assets.