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The Dinner Party That Led To The Merger Of AT&T And Time Warner
Monday, October 24, 2016 - 8:18am | 462Peter Chernin, a notable media, entertainment and technology investor, along with AT&T Inc. (NYSE: T)'s CEO Randall Stephenson were both guests at a dinner party hosted by Glenn Hutchins, a member of AT&T's board and co-founder of private equity firm Silver Lake. The...
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120 Billion Reasons Why AT&T May Need To Take Another Look At Time Warner
Friday, October 21, 2016 - 9:51am | 544Chatter of a merger between AT&T Inc. (NYSE: T) and Time Warner Inc (NYSE: TWX) helped boost Time Warner's stock to a new 52-week high of $86.75 on Thursday. However, a Bloomberg report suggested that Time Warner's investors should be hopeful of a deal, and there are 120 billion reasons why....
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Scripps Networks Interactive Shares Attractively Priced, Says Argus
Tuesday, August 16, 2016 - 2:58pm | 390Argus maintains its Buy rating and $100 price target on Scripps Networks Interactive, Inc. (NASDAQ: SNI), saying the company benefits from ratings growth in a strong scatter advertising market. The brokerage noted that HGTV and the Food Network remain key growth drivers, as the company expands...
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AT&T Says Its Trek 2 HD Tablet Is Available Starting August 5
Friday, July 29, 2016 - 12:40pm | 324AT&T Inc. (NYSE: T) disclosed Friday that its Trek 2 HD tablet would be available online and in stores throughout the country for $0.99 commencing from August 5. The devices come with a two-year agreement. Alternatively, the company indicated an installment plan of $7.50 a month for twenty...
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Even After Post-Earnings Spike, Argus Says AT&T Valuation Remains Favorable
Monday, July 25, 2016 - 1:57pm | 488Argus maintains AT&T Inc. (NYSE: T) at Buy and raised its 2016 estimates and price target, premising its actions on attractive valuation metrics. The firm's analyst Joseph Bonner noted that the company is transforming into a 21st-century data and content delivery network, employing wireless...
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U.S. Senators Say Time Warner Cable Overbilled Customers $640,000
Friday, June 24, 2016 - 11:49am | 432In a recent staff report, U.S. Senators said Time Warner Cable, which was bought by Charter Communications, Inc. - Class A (NASDAQ: CHTR) for $79 billion, overbilled customers nationwide an estimated $639,948 between January and April 2016, and the number is expected to touch $1.91 million in 2016...
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Jim Cramer: Investors Haven't Focused On Dycom, 'You Need Companies Like Dycom'
Wednesday, May 25, 2016 - 11:55am | 242Dycom Industries, Inc. (NYSE: DY) is a provider of engineering, construction, maintenance and installation services to telecommunications providers. The company's shares surged higher by more than 12 percent on Wednesday after the company reported a better-than-expected third-quarter print. The...
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Report: Nelson Peltz Said To Be Eyeing Stake In Time Warner
Monday, February 1, 2016 - 10:20am | 207Nelson Peltz's name has been added to a long list of rumored investors who are eyeing a large stake of Time Warner Inc (NYSE: TWX). According to a report by the New York Post, Nelson Peltz's Trian Fund Management could "soon be a more vocal player" in Time Warner's...
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AT&T: Stock Looks Healthy After Analyst Day
Thursday, August 13, 2015 - 11:25am | 499AT&T Inc. (NYSE: T) on Wednesday hosted an Analyst Day event which impressed analysts at Credit Suisse and Buckingham. Credit Suisse: Catalysts Ahead Joseph Mastrogiovanni of Credit Suisse commented in a note that AT&T's presentation will serve as a "jumping-off" point...
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Why AT&T's New All-In-One Bundle Doesn't Make Sense
Monday, August 3, 2015 - 3:08pm | 383Within weeks of acquiring DirecTV, AT&T Inc. (NYSE: T) has made its first move by announcing a new all-in-one wireless, TV and phone bundle priced at $200. Jon Steinberg, Daily Mail North America, was on CNBC to discuss this new bundle. 'I Don't Get It' "This makes no sense,"...
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5 Spinoffs 'Ripe' For Takeover
Tuesday, April 7, 2015 - 12:25pm | 618In a report issued by The Edge Consulting Group, analysts Jim Osman and Sanjiv Thakur look into five spinoff candidates they say are "ripe for takeover." ADT ADT Corp (NYSE: ADT) was spun off Tyco International plc (NYSE: TYC) about 30 months ago. Since then, it has built a leading...
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Morgan Stanley Says AT&T Risk Skewed To The Downside Following Q4 Print
Wednesday, January 28, 2015 - 11:02am | 213Simon Flannery of Morgan Stanley on Wednesday commented that AT&T Inc. (NYSE: T) reported a mixed fourth quarter results. “Earnings per share (before one time items) of $0.55 was higher than our estimate and consensus' $0.55,” Flannery wrote. “Consolidated revenue was...
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Dow, S&P 500 Close Yet Again At Record Highs Ahead Of Friday's Employment Report
Thursday, November 6, 2014 - 6:00pm | 711U.S. stocks rose as the Dow and S&P 500 closed yet again at new record highs. Helping the bull charge includes positive economic reports including the number of Americans filling for jobless benefits falling from a week ago. Also, reassurances from the European Central Bank were conveyed...
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#PreMarket Primer: Friday, September 12: US Allies Vague About Participation In Syrian Airstrikes
Friday, September 12, 2014 - 7:40am | 1071After the U.S. announced that it was planning to extend its military airstrikes outside of Iraq and into Syria to combat the growing number of Islamist Militants, there was a mixed response from America’s allies. Arab officials have committed to helping the U.S., but an agreement under...
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S&P 500 Hits 2,000 Milestone As Bullish Momentum Continues
Monday, August 25, 2014 - 4:49pm | 2139U.S. stocks were higher on Monday as the S&P 500 traded above the 2,000 mark for the first time ever, creating a new historical intra-day high of 2001.94. The S&P 500's milestone came on a relatively quiet day for stocks. A light news-load isn't necessarily a bad thing for the...