|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||48.22 - 48.78|
|52-week range||42.80 - 54.77|
|PE ratio (TTM)||6.60|
|Earnings date||24 Apr 2018|
|Forward dividend & yield||2.36 (4.89%)|
|1y target est||55.96|
The $76 billion Alibaba stake owned by the rump of Yahoo could finally be unwound. Recent corporate tax cuts may end up being the catalyst to close one of the hedge-fund industry’s highest-profile trades....
Telecommunications company Frontier (FTR) is continuously investing in capital expenditures (or capex) to improve its network. In 4Q17, Frontier spent approximately $0.31 billion on capital expenditures, up from $0.30 billion in 4Q16. The telecom company has been spending a great deal to improve its network potential, extend Internet access availability, and make speed upgrades.
Telecommunications company Frontier (FTR) believes that video service will act as a growth driver in the near future and that it is still profitable for the telecom company in the linear bundle. The carrier expects that its procurement of Verizon’s (VZ) California, Texas, and Florida (or CTF) wireline business would improve its video service proposition. Furthermore, the company had acquired AT&T’s (T) Connecticut wireline market in October 2014, thereby adding more video customers.
Intel (INTC) demonstrated its 5G efforts at Mobile World Congress 2018. The company is also trialing VR (virtual reality) and AI (artificial intelligence), and a glimpse of this was visible at the PyeongChang 2018 Olympic Winter Games. Intel is now preparing for the next Olympics, which are set to take place in Japan (EWJ).
A proposed settlement between Yahoo Inc. and shareholders aggrieved by the company’s data breach more than four years ago raises the pressure on boards to tighten oversight of corporate cybersecurity.
Telecommunications company Frontier (FTR) reported a net loss of $1.0 billion in 4Q17, but that loss included gains from recent US tax reforms. Based on the revised tax structure, US firms will now be taxed at 21% instead of the previous 35%. The reduction in the tax rate will benefit firms that have invested overseas due to higher tax rates in the US.
AMF Pensionsforsakring is a Swedish entity jointly owned by a workers union and a confederation of businesses. AMF produces amusing commercials (including unicorns) that bring home the point of retirement. In fact, it made outsized purchases of larger U.S.-traded securities, including Nike (NKE), Starbucks (SBUX), Ford Motor (F), Verizon Communications (VZ) and Intel (INTC).
Comcast (CMCSA) and Twenty-First Century Fox (FOX) (FOXA) have put in competing proposals to take over Sky, a European pay-TV group. Fox already owns 39% of Sky, and it is looking to buy the rest of the group for 18.5 billion sterling pounds, or 10.75 pounds per share.
Amazon (AMZN), Twitter (TWTR), and Alphabet’s (GOOGL) YouTube are rumored to be interested in live-streaming NFL’s Thursday night football games. Last year, Amazon won the rights to show NFL’s Thursday night games on the Internet after placing a $50 million bid.
Yahoo Inc. can’t escape claims that it should pay punitive damages over data breaches that left information on 3 billion customers in hackers’ hands.
AT&T (T) has been investing heavily in capex to acquire additional spectrum for future use as well as improve its network. AT&T spent $5.1 billion on capex in 4Q17 and just above $21.5 billion in 2017 as it continued to focus on integrated wireless and wireline business services. AT&T expects to spend nearly $25.0 billion on capital expenditures in the full-year 2018.