|Bid||32.48 x 2200|
|Ask||32.49 x 1100|
|Day's Range||32.35 - 32.85|
|52 Week Range||30.13 - 39.33|
|Beta (3Y Monthly)||0.34|
|PE Ratio (TTM)||6.34|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||2.00 (6.20%)|
|1y Target Est||35.48|
A new non-profit has the potential to disrupt TV networks’ revenue streams by providing customers with the same free broadcast TV available via rabbit ears antennas, but delivered online. Yahoo Finance's Seana Smith, Adam Shapiro and Ethan Wolff-Mann talks to Chairman of Locast.org, David Goodfriend.
The major driver of Verizon’s (VZ) wireline segment is its Fios service. Verizon’s Fios is a fiber-optic network service that provides users with video, Internet, and voice services. Wall Street analysts expect Verizon to see a net loss of Fios video customers in the third quarter, as the company has continued to face stiff competition from over-the-top (or OTT) video streaming players.
BOONSBORO, Md., Oct. 18, 2018 /PRNewswire/ -- One year after Gov. Larry Hogan approved the build out of FirstNet network platform in Maryland by AT&T, first responders in Maryland are already benefitting from enhanced emergency communications. Today, Maryland Lt. Gov. Boyd Rutherford led a forum on the positive impacts FirstNet has had on public safety communications in the state in the year since Maryland joined the nationwide public safety communications platform.
As of October 12, 24 analysts from various brokerage firms have been actively tracking Sprint (S) stock. Three of them have recommended a “buy,” 16 have recommended a “hold,” and five have recommended a “sell.” Approximately 67% of them have rated it a “hold.”
Verizon (VZ), the largest wireless service provider in the United States, is looking to showcase strength as it nears its third-quarter earnings release. The telecommunications company is expected to report its results for the third quarter on October 23. On that day, Verizon is expected to report adjusted EPS of $1.19, which would represent a YoY (year-over-year) rise of ~21.4%. Meanwhile, Wall Street analysts expect Verizon’s total revenue to rise ~2.5% YoY to reach $32.5 billion in the third quarter.
“Netflix and Hulu got in early, so that’s where I’m willing to invest my money,” said Emery, 41, a bank risk officer who lives in Kernersville, North Carolina. Just 16 percent of U.S. broadband homes subscribe to three or more video services, according to researcher Parks Associates.
The video streaming business is getting more competitive every day. Netflix said it’s aware of the competition from AT&T’s (T) Warner Media, Disney, and Apple, which are planning to have their own subscription services that offer original programming.
Let’s look now at Sprint’s (S) valuation after the recent market sell-off. As of October 12, Sprint’s market capitalization was $26.1 billion, making it the fourth-largest US mobile operator in terms of market capitalization. By comparison, T-Mobile’s (TMUS) market capitalization was $57.9 billion, Verizon’s (VZ) was $222 billion, and AT&T’s (T) was $234.2 billion.
Sprint’s (S) closing price on October 12 was $6.41. Based on that, Sprint has a market capitalization of $26.1 billion, the lowest among all the major US mobile operators. Sprint’s highest price in the last 52 weeks was $7.22, and its lowest price was $4.81.
Now let’s look at AT&T’s (T) technical indicators and compare them to its peers in the telecom space. The sell-off of AT&T stock in October saw the stock fall below its 50-day and 100-day moving averages, which indicates a bearish sentiment in the company.
Broadcaster Central European Media Enterprises (CME) reported a 34 percent rise in third-quarter core profit, beating expectations in a typically weaker period as advertising revenues maintained strong growth. CME, active in six central and eastern European markets although it is exiting Croatia and Slovenia, has sought to cut a debt pile of $1 billion in recent years through financing deals with its main shareholder, U.S. media group Time Warner, which merged with AT&T this year. CME said on Thursday it had repaid more than $300 million this year through September and cut its net leverage ratio to 3.8 times.
Netflix (NFLX) added roughly 7 million new subscribers in Q3, which blew away its own third-quarter estimates by approximately 2 million. The big subscriber growth and the even bigger beat helped NFLX stock surge. So, let's dive into more of the numbers and take a look at how Netflix stacks up against Amazon (AMZN), Hulu, and HBO (T).
A U.S. appeals court will hear oral arguments on Dec. 6 in the Justice Department's fight against AT&T Inc's $85.4 billion purchase of Time Warner, the court said on Wednesday. The merger, which was announced in October 2016, closed on June 14 after a U.S. district court ruled the deal was legal under antitrust law. The Justice Department has asked a federal appeals court to reverse that approval.
Microsoft (NASDAQ:MSFT) has been one of the bigger success stories in the stock market this year. This Microsoft earnings is a follow up to a successful fiscal Q4 report where the company reported yet again that its cloud computing division Azure bolster revenue by 20% — advancing by 33% over the previous quarter. Meanwhile in Microsoft’s PC unit, sales were up 16% — a 45% increase over the previous quarter.