|Bid||94.390 x 100|
|Ask||94.400 x 100|
|Day's Range||94.240 - 94.530|
|52 Week Range||85.880 - 103.900|
|PE Ratio (TTM)||14.22|
|Forward Dividend & Yield||1.61 (1.69%)|
|1y Target Est||N/A|
The Trump administration is facing off against AT&T in court today. Opening arguments are being heard in a case that could block the telephone giant from merging with Time Warner. Back in November, the Justice Department filed a lawsuit to stop the proposed $85 billion deal. Yahoo Finance's Seana Smith, Ethan Wolff-Mann and Dion Rabouin discuss.
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.