|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||34.55 - 35.99|
|52-week range||32.55 - 42.70|
|PE ratio (TTM)||7.28|
|Earnings date||25 Apr 2018|
|Forward dividend & yield||2.00 (5.56%)|
|1y target est||40.71|
With the much-anticipated AT&T/Time Warner antitrust trial now under way in Washington, Time Warner shares look appealing, based on their underlying value and AT&T’s strong chances of winning. Time Warner (TWX) finished Friday at $92.57, or roughly $11 below the current value of AT&T’s (T) cash and stock bid, worth $103.60 a share. The shares initially might fall $5, to the high $80s, if the government wins and the deal dies, but some analysts think that Time Warner could quickly recover to its current price, given its earnings power.
An analyst estimates that AT&T will add 70,000 subscribers in the March quarter vs. a loss of 348,000 a year ago.
As Netflix (NFLX) looks to enhance its service quality, the company is increasingly adopting artificial intelligence (or AI) and machine-learning tools to offer better-quality videos to its customers. Netflix has recently added AI to enhance video quality as well as cut down on the amount of data used to stream videos on mobile phones. The feature is first being introduced in mobile videos, and Netflix has plans to roll out the desktop and smart TV versions in the next few months.
A Cox Communications Inc. executive said an AT&T Inc. takeover of Time Warner Inc. would give the combined company undue leverage in programming negotiations and could siphon away subscribers.
The government and AT&T exchanged opening salvos in a federal trial Thursday as the U.S. seeks to block the telephone giant from absorbing Time Warner, in a case that could shape how consumers get — and ...
WASHINGTON—The Justice Department and AT&T Inc. traded legal jabs Thursday as a federal judge opened proceedings on whether the telecom giant’s planned purchase of Time Warner Inc. violates antitrust laws. U.S. District Judge Richard Leon said little while the government and the companies spent about 90 minutes of opening arguments attacking the opposing side’s legal position. The Justice Department, which is seeking to block the $85 billion deal, said the merger could mean at least $400 million in pay-TV price increases because AT&T, which owns the DirecTV satellite service, would have newfound marketplace leverage if it folds in Time Warner’s stable of programming, including the Turner networks and HBO.
___ Trade worries send stock market plunging Stocks plunged, driving the Dow Jones industrial average down more than 700 points, as investors feared that trade tensions will spike between the U.S. and ...
UBS forecasts that Comcast will lose 400,000 video subscribers in 2018 as cord-cutting and live video streaming services gain.
Bloomberg's Ed Hammond reports on the U.S. lawsuit against AT&T's proposed acquisition of Time Warner on "Bloomberg Markets." (Source: Bloomberg)
AT&T (T) and Time Warner (TWX) are struggling through a long battle with US regulators to get approval for their merger deal, which they signed in October 2016. The trial to settle the matter began on March 19, 2018, and it will run for eight weeks as a result of the lawsuit filed by the US Department of Justice (or DOJ) to block the $85.4 billion deal. If AT&T loses the fight in court, it will have to pay a termination fee of $500 million to Time Warner.
Telecom (telecommunications) behemoth AT&T’s (T) proposed merger deal with media giant Time Warner (TWX) is facing yet another hurdle from the US Department of Justice, which is blocking the deal. Recently, US district judge Richard Leon from the Justice Department announced that the process would take double the time that was initially anticipated. The $85.4 billion AT&T acquisition deal, which was announced in October 2016, hasn’t received approval from the Justice Department.
The CEOs of AT&T and Time Warner will be in the courtroom Thursday to listen to arguments in what may be the most high profile merger trial ever https://bloom.bg/2GfdF3q #tictocnews (Source: Bloomberg)...
Media companies are scrambling to get bigger and create their own online-video services, which don't make much money or even meet consumers' needs.
AT&T Inc. and the Justice Department took their first shots in a Washington court over the government’s bid to stop AT&T’s proposed acquisition of Time Warner, a deal 17 months in the making.
AT&T ’s $85.4bn acquisition of Time Warner would give the telecommunications giant “the power to squelch new competition”, the US Department of Justice said in opening arguments in its landmark antitrust ...
AT&T is buying back a tranche of bonds it issued to fund its acquisition of Time Warner, a sign it does not expect a speedy resolution to the government's challenge to the deal. Back in August 2017, when ...
The Justice Department's case attempting to block AT&T (T) proposed acquisition of Time Warner (TWX) goes to trial this week, and investors will likely have to wait up to two months for the outcome. In the meantime, one analyst is trying to handicap the result—and he predicts that AT&T has an edge. FBN Securities analyst Keith Moore has been sitting in the courtroom for pretrial arguments this week. He writes in a note to clients that U.S District Judge Richard Leon seems very up to date on the core issues in the case.
Opening arguments are set for Thursday in the federal government's efforts to block AT&T's efforts to gobble up Time Warner in a case that could shape how you get — and how much you pay for — streaming ...