|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||31 Jul 2018 - 6 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||103.22|
AT&T CEO Randall Stephenson took to the airwaves Friday morning, a day after the Department of Justice announced it planned to appeal a judge's decision in June allowing the blockbuster merger with Time Warner.
After a costly acquisition of Time Warner, AT&T may have found a new source of revenue — the telecommunications carrier quietly bumped customers' fees by about $1.23 each since April.
Comcast and Disney want Rupert Murdoch's assets for different reasons. They could both win in a split sale, and yet, that probably won't happen.
Media company Comcast Corp’s record all-cash US$65bn bid to buy Twenty-First Century Fox’s media assets, a day after AT&T’s long-sought acquisition of Time Warner received a green light, signals an oncoming wave of M&A that banks will aggressively compete to finance. The federal judge’s ruling in favor of the US$85bn AT&T/Time Warner tie-up, first announced in October 2016, without any conditions, removed an obstacle for debt markets after several huge, high profile technology and healthcare deals were scuttled by antitrust or national security concerns. Comcast, in announcing its Walt Disney Co-topping bid, said it had “highly confident” letters from Bank of America Merrill Lynch and Wells Fargo that the banks can secure the needed financing for the proposed acquisition.
AT&T's Stephenson says he feels "relief" at winning the company's court case against the government and completing its purchase of Time Warner.
AT&T already gets two minutes of ad space per TV hour to sell on DirecTV. Time Warner’s Turner cable channels, which include CNN, TNT and TBS, will give it about 14 more minutes per hour. AT&T’s pitch to advertisers is that they can be spending money more efficiently.
Time Warner Inc (NYSE:TWX) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case ofRead More...
Judge Approves AT&T–Time Warner Merger: Disney and Fox Next? A federal judge has given merger approval for AT&T (T) and Time Warner (TWX), thus boosting investor confidence in Time Warner stock. Of the 26 analysts covering Time Warner, nine of them have rated the stock a “buy,” and 17 have rated it a “hold.” None of them have given the stock a “sell” rating.
AT&T (Sao Paolo: ATTB34.SA - news) has completed its acquisition of entertainment business Time Warner (Frankfurt: A0RGAY - news) , after a judge approved the move earlier this week. The $85bn (£63.5bn) deal, first announced in October 2016, was opposed by US president Donald Trump and the Justice Department over competition fears. The Justice Department had argued that AT&T's ownership of both DirecTV (EUREX: 19071070.EX - news) and Time Warner, especially its Turner subsidiary, would give AT&T unfair leverage against rival pay TV providers that relied on content like CNN and Game Of Thrones.
AT&T has completed its $81 billion takeover of Time Warner, one of the biggest media deals ever. A federal judge approved the combination just two days earlier over objections by the Trump Justice Department that it would hurt consumers. The announcement came late Thursday from Dallas-based AT&T, a telephone, cable and satellite behemoth that now will own an array of TV networks and sought-after programming.