|Bid||98.30 x 200|
|Ask||101.99 x 200|
|Day's Range||99.31 - 100.88|
|52 Week Range||74.27 - 102.45|
|PE Ratio (TTM)||19.10|
|Dividend & Yield||1.61 (1.62%)|
|1y Target Est||N/A|
AT&T (NYSE: T) took a step toward closing on its $85-billion acquisition of Time Warner, Inc., (TWX) which would vault the U.S.’ largest pay TV distributor into the realm of some of the largest producers of video content. The Dallas telecom has been engaged in the regulatory approval process all year, as the Department of Justice examines whether the merger violates antitrust rules and grants AT&T an unfair advantage in the marketplace. Now, the two sides are discussing regulatory conditions, according to a report from Bloomberg .
AT&T's revenue is expected to slide for the third quarter in a row when it reports second-quarter earnings Tuesday.
The WWII thriller is set to play well throughout the rest of the summer. Meanwhile, "Girls Trip" laughed its way to the No. 2 spot and big-budget "Valerian" got crushed.