31.71 +0.04 (0.13%)
Pre-Market: 8:30AM EDT
|Bid||31.72 x 1300|
|Ask||31.73 x 1300|
|Day's Range||31.50 - 31.92|
|52 Week Range||31.17 - 39.80|
|PE Ratio (TTM)||6.39|
|Earnings Date||Jul 24, 2018|
|Forward Dividend & Yield||2.00 (6.13%)|
|1y Target Est||37.02|
On July 11, T-Mobile’s (TMUS) stock price closed at $60.18. The telecommunications company’s stock price has fallen ~1.7% in the trailing year.
The telecom industry is about to get shaken up, as Apple Inc.’s ( AAPL) newest iPhone containing revolutionary new SIM-card technology that allows customers to switch between carriers at will is expected to debut this fall. Telecom giants like AT&T Inc. ( T), Verizon Communications Inc. ( VZ), Sprint Corporation ( S) and T-Mobile US Inc. ( TMUS), which have traditionally been able to maintain a lucrative stronghold over their customer base, will find themselves having to defend the relatively stable relationships they have built with their customers against Apple’s new “eSIM” technology.
Benzinga featured looks at many investor favorite stocks over the past week. Bullish calls included a number of leading tech stocks. Bearish calls included retailers and a newly minted merger. The new ...
Netflix Inc. has broken HBO’s 17-year streak of leading TV networks in Emmy nominations. For the first time in Emmy history, Netflix (NFLX) led all other networks and platforms in award nominations. The streaming giant nabbed 112, compared to HBO’s 108.
The DOJ has a chance to win its appeal if it can convince the D.C. Circuit Court of Appeals that U.S. District Court Judge Richard Leon was wrong in his application of the law to AT&T's acquisition of Time Warner. Comcast's pursuit of Fox and other future vertical integration deals would be affected if the DOJ wins its appeal. The Department of Justice has not given up : It's still trying to block AT&T T 's acquisition of Time Warner (now named Warner Media).
Verizon, AT&T, Sprint and T-Mobile all say they have unlimited data plans, but there's fine print you need to know about. There's a cap on your high speed data, no matter what plan you pay for. Verizon VZ , AT&T T , T-Mobile TMUS and Sprint S all offer "unlimited" data plans that suggest you can use as much high-speed data as you want each month.
The news last Thursday that the Department of Justice had decided to appeal the June 12 decision to allow AT&T (T) to merge with Time Warner sent AT&T shares skidding some 1.7% on Friday. Unless something dramatic changes, this appeal of an embarrassing defeat for the DOJ looks more like political posturing than an existential threat. For one thing, the DOJ has said nothing about what it will argue in its appeal.
JPMorgan Chase second-quarter profits rise by 18 percent from a year ago, as the bank continues to benefit from higher interest rates and a lower tax bill following last year's passage of President Donald ...
AT&T Inc. Chief Executive Randall Stephenson said his company won’t alter its plans for running Time Warner’s media assets despite a Justice Department appeal of the court decision that allowed the transaction. “We think the likelihood of this thing being reversed or overturned is really remote,” Mr. Stephenson told CNBC Friday in an interview at Allen & Co.’s annual Sun Valley, Idaho, media conference.
Americans’ cellphone bills ticked up 0.3% last month, the first such increase since July 2016 as a yearslong promotion craze from wireless service providers is starting to peter out.
The Justice Department wants to keep fighting AT&T’s merger with Time Warner, and maybe it feels it must save face after the singeing rebuke by federal Judge Richard Leon last month. Because the vertical merger combines two businesses that don’t directly compete, the government must prove the deal would harm consumers and reduce competition. AT&T argued that marrying content with targeted advertising would help it compete with vertically integrated tech giants like Google and Facebook, which gobble up 60% of digital ad revenues.
For a moment, it was the biggest antitrust suit in 20 years, a high-stakes attempt to block an $85 billion mega-deal that would create a media and telecommunications giant. Now the merger that President Donald Trump has so publicly opposed -- the marriage of AT&T Inc. and Time Warner Inc., the home of CNN -- is once again in the sights of Trump’s Justice Department. The turnabout underscores fundamental questions about antitrust enforcement in the Trump era that have lingered ever since the AT&T case last year, including the big one: Could this pro-business administration, which has given corporate America lower taxes and looser regulation, tighten the screws on certain mergers?
Shares of WWE stock continued its historic run on Friday, trading as much as 6% higher after Morgan Stanley (MS) raised its price target for the firm to $100 from $58.
Shares of AT&T fell 1.7 percent to close at $31.67 on Friday after U.S. officials signalled they would appeal a federal judge's approval last month of the $85.4 billion deal. Speaking on CNBC, Stephenson said the original court decision was well reasoned. The merger, first announced in October 2016, was opposed by U.S. President Donald Trump.
Shares of AT&T fell 1.7 percent to close at $31.67 on Friday after U.S. officials signaled they would appeal a federal judge's approval last month of the $85.4 billion deal. Speaking on CNBC, Stephenson said the original court decision was well reasoned. The merger, first announced in October 2016, was opposed by U.S. President Donald Trump.
Moody's rating action reflects a base expected loss of 72.5% of the current pooled balance, compared to 63.1% at Moody's last review. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
Stocks that moved substantially or traded heavily on Friday: Wells Fargo & Co., down 67 cents to $55.36 The bank's profit disappointed investors as a scandal over fraudulent accounts continued to affect ...
WHERE: CNBC’ s“ Squawk Box”– Live from the Sun Valley Conference in Sun Valley, Idaho. The following is the unofficial transcript of a CNBC interview with AT&T CEO Randall Stephenson and CNBC’ s Julia ...
The news on Thursday afternoon that the Department of Justice had decided to appeal the June 12 decision to allow AT&T to merge with Time Warner sent AT&T shares skidding some 1.4% in late trading, and another 2% by midday Friday. The possibility that the government would suddenly reverse an $85 billion merger that had long been stalled by litigation, was both head-scratching and a little shocking. But investors shouldn’t sweat this one too much—and not just because AT&T (T) CEO Randall Stephenson said not to worry. Unless something dramatic changes, this appeal of an embarrassing defeat for the DOJ looks more like political posturing than an existential threat.
t's the anti-trust case that won't go away... The DOJ appealed the recent approval of AT&T's deal to buy Time Warner. The government is asking the DC Circuit Court of Appeals to overturn the ruling.