|Bid||0.00 x 1100|
|Ask||0.00 x 1100|
|Day's Range||98.39 - 99.65|
|52 Week Range||85.88 - 103.90|
|PE Ratio (TTM)||14.88|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||103.22|
Moody's says,the ratings of AT&T Inc. (AT&T, Baa2 stable) are unchanged following the July 12 filing of a Notice of Appeal by the US Department of Justice (DOJ) of the June 12, 2018 judgment in their lawsuit on behalf of the US Government (the Government) to block the merger of AT&T and Time Warner Inc. (Time Warner, Baa2 stable).
In the most recent events regarding the AT&T ( T)and Time Warner ( TWX) merger case, the U.S. Justice Department has decided to appeal the merger approval on July 12. Now the case will go before the Washington D.C. Circuit Court of Appeals, where a three-judge panel will hear the appeal. Theoretically, the case could end up at the Supreme Court, which could be interesting as the Supreme Court has not taken a merger case in nearly five decades.
Telecom stocks are tough to buy right now. When it comes to telecom stocks, there are just so many headwinds. Meanwhile, adverse wireless pricing trends have been a problem for several years, voice-related businesses are becoming a relic of the past, and competition from technology companies on all fronts is only getting stiffer.
Named after Alexander Graham Bell’s invention of the telephone, the American Telephone and Telegraph Company was born in 1875. In 1984, the Bell System was broken up into eight different companies, spawning AT&T Inc. (NYSE: T). AT&T is a global networking leader that delivers consumers and businesses leading voice over internet protocol (IP) services. AT&T was attempting to merge with Time Warner ( TWX), but had run into opposition from the government.
One of the signs of a solid company is that it can swim against the tide of a negative market trend. In the last couple of weeks, as most stocks have been treading water or falling, Netflix (NASDAQ:NFLX) has continued its steady path upward.
Ever since a federal judge approved the mega-merger between AT&T (NYSE:T) and Time Warner (NYSE:TWX), Comcast and Walt Disney Co (NYSE:DIS) have upped the ante in their acquisition pursuits of Twenty-First Century Fox Inc (NASDAQ:FOXA). Comcast rivaled that with a $35 bid last week. This is all great news for Fox.
While AT&T Inc. (NYSE:T) has gone haring off after video content with its Time Warner Corp. (NYSE:TWX) acquisition, Verizon Communications Inc. (NYSE:VZ) seems to have stayed at home, hiring a telecom equipment executive as its next CEO. It will be interesting to see what he does for Verizon stock. The trouble is, Verizon can’t afford to play the big media game.
A recent revelation in business is that subscription models are a gold standard for making money. A subscription service locks consumers in to pay some amount every month and/or every year. Thus, subscription revenues are annually recurring, meaning they don’t have much volatility because they happen every year.
NEW YORK , June 15, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500 and S&P SmallCap 600: NVIDIA Corp. (NASD: NVDA) will replace Time Warner Inc. (NYSE: ...
Moody's Investors Service (Moody's) downgraded the senior unsecured ratings of AT&T Inc. (AT&T) to Baa2 from Baa1 due to AT&T's elevated leverage following its merger with Time Warner Inc. (Time Warner, Baa2 stable) for approximately $81 billion. AT&T funded the merger with a mix of 50% equity and 50% cash and the assumption of Time Warner debt.
The U.S. imposed tariffs on about $50 billion in imports from China. closed the $85.4 billion purchase Time Warner Inc. For the week the Dow fell 0.89%, the S&P 500 rose 0.01% and the Nasdaq climbed 1.32%.
Borrowing a page from Netflix, Inc. (NASDAQ:NFLX), iPhone maker Apple Inc. (NASDAQ:AAPL) is in negotiations to produce its first movie. The impending Apple feature film, according to the unconfirmed report from Bloomberg, would be an animated flick made by Irish studio Cartoon Saloon. The most interesting aspect of the story: The film may be shown in theaters as well as streamed digitally via (presumably) Apple’s iTunes.
Gregg Lemkau, Goldman Sachs investment banking co-head, discusses what's driven the high volume of mergers and acquisitions in the first half of this year.