|Bid||34.480 x 4300|
|Ask||34.490 x 3300|
|Day's range||34.360 - 34.750|
|52-week range||32.550 - 43.030|
|PE ratio (TTM)||16.24|
|Earnings date||23 Jan 2018 - 29 Jan 2018|
|Forward dividend & yield||1.96 (5.68%)|
|1y target est||39.55|
On Monday, AT&T confirmed the U.S. Department of Justice's decision to sue in order to block the company's plans to purchase Time Warner for $85.4 billion.
Behzad Mesri, also known as "Skote Vahshat," was charged with the hack in a sealed indictment that was released on Tuesday by the U.S. Attorney's office in Manhattan. A spokesman with the U.S. Attorney's Office said Mesri has not been arrested, and declined to comment on the suspect's whereabouts.
How Trump's remarks against AT&T/Time Warner merger could affect the case, and other important points, writes Prof. Harry First.
WASHINGTON (Reuters) - The U.S. Department of Justice's lawsuit aimed at stopping AT&T Inc (T.N) from buying movie and TV show provider Time Warner Inc (TWX.N) will be heard by District Court Judge Richard ...
The U.S. Department of Justice's move to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc was "foolish" because the deal posed no threat to consumers, the wireless carrier's trial ...
The U.S. Department of Justice's lawsuit aimed at stopping AT&T Inc from buying movie and TV show provider Time Warner Inc will be heard by District Court Judge Richard Leon, according to a court filing ...
(Reuters) - The U.S. Department of Justice's move to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc was "foolish" because the deal posed no threat to consumers, the wireless carrier's ...
The chairman of the Federal Communications Commission on Tuesday unveiled plans to repeal a landmark 2015 order that barred internet service providers from blocking or slowing down consumer access to web content, and said the regulator will prevent states and cities from adopting similar protections. FCC chief Ajit Pai, a Republican appointed by President Donald Trump in January, said the commission will vote at a Dec. 14 meeting on rescinding the so-called net neutrality rules championed by Democratic former President Barack Obama that treated internet service providers like public utilities. Trump, a Republican, expressed his opposition to net neutrality in 2014 before the regulations were even implemented, calling it a "power grab" by Obama.
On Monday, the Department of Justice finally moved to block the merger between AT&T (T) and Time Warner (TWX), although AT&T has already come out swinging, calling the lawsuit "radical and inexplicable." That may not be all bluster: Analysts are weighing in on the situation today, and they think that AT&T stands a good chance if the lawsuit goes to trial. Cowen & Co.'s team, led by Doug Creutz and Colby Synesael, write that they still see a settlement as possible and, if that doesn't happen, think that AT&T would win its case.
AT&T, for its part, maintains its vertical merger stance, pointing to the routine passage of such agreements in other industries without unraveling any antitrust issues.