|Bid||49.70 x 800|
|Ask||49.71 x 4000|
|Day's range||48.95 - 49.93|
|52-week range||42.80 - 54.77|
|PE ratio (TTM)||6.52|
|Earnings date||24 Jul 2018|
|Forward dividend & yield||2.36 (4.91%)|
|1y target est||55.88|
Jun.22 -- Jennifer Fritzsche, analyst at Wells Fargo, discusses the race to 5G technology and AT&T Corp.'s focus on advertising. She speaks on "Bloomberg Markets."
The U.S. Supreme Court's ruling on Friday that the government generally needs a warrant to access cellphone location data is not just a win for digital privacy advocates — it's also a victory for the tech giants that make money off your data.
The U.S. Supreme Court on Friday imposed limits on the ability of police to obtain cellphone data pinpointing the past location of criminal suspects in a major victory for digital privacy advocates and a setback for law enforcement authorities. In the 5-4 ruling, the court said police generally need a court-approved warrant to get the data, setting a higher legal hurdle than previously existed under federal law. The court said obtaining such data without a warrant from wireless carriers, as police routinely do, amounted to an unreasonable search and seizure under the U.S. Constitution's Fourth Amendment.
Frontier Communications (FTR) has been trying to retain its subscribers and maintain a lower churn rate amid a highly competitive telecommunications sector. Customer churn is a measure of subscriber losses, and the lower the churn, the better. In the first quarter, Frontier’s customer churn rate was ~1.9%, which was better than its churn rates of ~2.4% in Q1 2017 and ~2.0% in Q4 2017.
Master of scoops Adrian Wojnarowski hints at upcoming picksReuters/USA Today SportsAdrian Wojnarowski tweeted: “The Lakers are unlikely to resist Mo Wagner with the 25th pick.” And the Lakers picked Wagner. The NBA and its broadcast partners agreed to hold back on reporting on picks early for this year’s NBA draft. More than three hours before the draft was scheduled to begin, ESPN’s NBA insider extraordinaire, Adrian Wojnarowski, tweeted how the top six picks were taking “shape.” That was the first signal that Wojnarowski had no interest in any peace treaties.
The "Halftime Report" traders and Erin Browne of UBS Asset Management tackle Thursday's Trader Blitz picks.
The company, which last week closed its $81 billion purchase of Time Warner Inc., scored in the top 1% of all companies analyzed for the ranking for innovation. It also was in the top 3% of companies in financial strength, another ranking category, but it was in the bottom 30% when it comes to customer satisfaction, a third category. Time Warner, a big media content producer, fell outside the top 250, at No. 283 among 693 U.S. and Canadian companies included in the research that was conducted to develop the ranking.
When it comes to telecom, Goldman Sachs prefers Verizon Communications (VZ) and Charter Communications (CHTR). Analyst Brett Feldman upgraded both stocks to Buy from Neutral on Thursday, adding $5 to his Verizon price target, which now stands at $56, and boosting his Charter price target to $361 from $315.