|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||92.39 - 94.53|
|52 Week Range||85.88 - 103.90|
|PE Ratio (TTM)||13.95|
|Forward Dividend & Yield||1.61 (1.71%)|
|1y Target Est||N/A|
With the much-anticipated AT&T/Time Warner antitrust trial now under way in Washington, Time Warner shares look appealing, based on their underlying value and AT&T’s strong chances of winning. Time Warner (TWX) finished Friday at $92.57, or roughly $11 below the current value of AT&T’s (T) cash and stock bid, worth $103.60 a share. The shares initially might fall $5, to the high $80s, if the government wins and the deal dies, but some analysts think that Time Warner could quickly recover to its current price, given its earnings power.
Recent stories on Netflix, Amazon, Hulu and other streaming services reported by The Business Journals and elsewhere.
AT&T's acquisition of Time Warner has Cox Communications 'very concerned,' content executive Suzanne Fenwick testified Thursday.
Justice predicted a pay-TV dystopia in opening arguments, while AT&T and Time Warner promise Judge Richard Leon a competitive renaissance.
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - The much-watched antitrust trial between the Justice ...
A Cox Communications Inc. executive said an AT&T Inc. takeover of Time Warner Inc. would give the combined company undue leverage in programming negotiations and could siphon away subscribers.
The government and AT&T exchanged opening salvos in a federal trial Thursday as the U.S. seeks to block the telephone giant from absorbing Time Warner, in a case that could shape how consumers get — and ...
WASHINGTON—The Justice Department and AT&T Inc. traded legal jabs Thursday as a federal judge opened proceedings on whether the telecom giant’s planned purchase of Time Warner Inc. violates antitrust laws. U.S. District Judge Richard Leon said little while the government and the companies spent about 90 minutes of opening arguments attacking the opposing side’s legal position. The Justice Department, which is seeking to block the $85 billion deal, said the merger could mean at least $400 million in pay-TV price increases because AT&T, which owns the DirecTV satellite service, would have newfound marketplace leverage if it folds in Time Warner’s stable of programming, including the Turner networks and HBO.
The U.S. Justice Department squared off on Thursday with AT&T Inc in a long anticipated trial, as the two sides disputed whether AT&T's $85 billion (£60.2 billion) purchase of Time Warner Inc would be good for consumers or an expensive drag on innovation. During opening statements, Justice Department lawyer Craig Conrath asked for the deal to be blocked, saying it would hike prices for consumers by more than $400 million annually, or an average of $0.45 a month for pay TV subscribers, by making rival pay TV companies pay more for Time Warner content.
The U.S. Justice Department squared off on Thursday with AT&T Inc in a long anticipated trial, as the two sides disputed whether AT&T's $85 billion purchase of Time Warner Inc would be good for consumers or an expensive drag on innovation. During opening statements, Justice Department lawyer Craig Conrath asked for the deal to be blocked, saying it would hike prices for consumers by more than $400 million annually, or an average of $0.45 a month for pay TV subscribers, by making rival pay TV companies pay more for Time Warner content.
Bloomberg's Ed Hammond reports on the U.S. lawsuit against AT&T's proposed acquisition of Time Warner on "Bloomberg Markets." (Source: Bloomberg)
AT&T (T) and Time Warner (TWX) are struggling through a long battle with US regulators to get approval for their merger deal, which they signed in October 2016. The trial to settle the matter began on March 19, 2018, and it will run for eight weeks as a result of the lawsuit filed by the US Department of Justice (or DOJ) to block the $85.4 billion deal. If AT&T loses the fight in court, it will have to pay a termination fee of $500 million to Time Warner.
Telecom (telecommunications) behemoth AT&T’s (T) proposed merger deal with media giant Time Warner (TWX) is facing yet another hurdle from the US Department of Justice, which is blocking the deal. Recently, US district judge Richard Leon from the Justice Department announced that the process would take double the time that was initially anticipated. The $85.4 billion AT&T acquisition deal, which was announced in October 2016, hasn’t received approval from the Justice Department.
With one exception, every weekend since Thanksgiving has been topped by a movie starring a white woman or a minority actor/actress.
A deal for Time Warner may help in the short term, but it may not be the worst thing for AT&T if a judge rules against its $85 billion acquisition.
The CEOs of AT&T and Time Warner will be in the courtroom Thursday to listen to arguments in what may be the most high profile merger trial ever https://bloom.bg/2GfdF3q #tictocnews (Source: Bloomberg)...
AT&T Inc. and the Justice Department took their first shots in a Washington court over the government’s bid to stop AT&T’s proposed acquisition of Time Warner, a deal 17 months in the making.
The Department of Justice is back in court to challenge the sale of Time Warner in what would be an $85 billion deal. CBS News justice reporter Paula Reid joins CBSN to discuss the latest.
Mar.22 -- Bloomberg's Ed Hammond reports on the U.S. lawsuit against AT&T's proposed acquisition of Time Warner on "Bloomberg Markets."