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Stock Market & Financial Investment News

News For DTEGY;T;PCS From The Last 14 Days
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July 29, 2015
16:00 EDTTOptions Update; July 29, 2015
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11:06 EDTTSprint introduces Family Share Pack plan
With more data than T-Mobile (TMUS), and with significant savings over Verizon (VZ) and AT&T (T), Sprint (S) introduces the new Sprint Family Share Pack. Families switching to Sprint get four lines, unlimited talk, text and 10GB of high-speed data while on the Sprint network for $100/month starting July 31. Sprint says its new plan will save families $480/year over Verizon and $720/year over AT&T for virtually the same 10GB of data. Sprint says that 10GB is more than double the high-speed data in T-Mobile’s family plan.
08:57 EDTTSynchronoss says company signed new 2 year agreement with AT&T
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08:41 EDTDTEGYDeutsche Telekom, Boingo reach global roaming agreement
Deutsche Telekom (DTEGY) and Boingo Wireless (WIFI) announced a global roaming agreement benefitting Deutsche Telekom business customers. Boingo’s network of more than 1 million hotspots around the globe is now available to Deutsche Telekom’s business customers in more than 50 countries. Through the newly launched DTAG product “Business WiFi,” Deutsche Telekom business users can connect their mobile devices and laptops to Boingo’s high-performance Wi-Fi at key locations including some of the world’s largest airports, major hotels, and shopping and city centers, among other locations.
July 28, 2015
09:42 EDTTActive equity options trading on open
Active equity options trading on open: AAPL BIDU FB NFLX F T FCX TWTR
July 27, 2015
14:19 EDTTTV One, AT&T extend agreement into 2026
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13:16 EDTTADT rises after Citi downplays 'smart home' concerns
Shares of ADT (ADT) are heading higher in afternoon trading following an upgrade from Citi, within which the research firm said traditional home security firms have plenty of traction as self-installed, self-monitored security solutions from the likes of Apple (AAPL) and Google's (GOOG) Nest are slow to be adopted by homeowners. WHAT'S NEW: Citi's Jason Bazinet issued a research note on the home security sector, upgrading ADT to Buy from Neutral while slightly lowering his price target to $39 from $40. Bazinet notes that the sector is expanding into "smart home" technology powered by companies like Apple and Google's Nest. Despite this, the analyst contends that consumer data shows continued preference for the traditional approach in the form of professionally installed and professionally monitored services from ADT, Monitronics, Vivint, AT&T (T) and Comcast (CMCSA, CMCSK). WHAT'S NOTABLE: Though tech firms and venture capitalists seem drawn towards the concept of self-installed, self-monitored "smart homes," consumers appear to be sticking with the professionals, says Citi. Security systems using Apple HomeKit and Google's Nest products are seeing "limited" adoption, and firms like ADT -- equipped with call centers and installation specialists -- appear ready to "hold their own," with recent weakness in ADT shares called an "opportunity" by Bazinet. The analyst conceded that professional security providers will see their market share drop to 15% from a current 20%, but Bazinet set a 2035 date for that shift, leaving plenty of near-term opportunity for traditional players. PRICE ACTION: After a 25% drop since mid-April, shares of ADT are up about 1.4% to trade near $32 this afternoon.
08:04 EDTTAT&T reinstated with a Neutral at Goldman
Target $37.
07:14 EDTTAT&T, DirecTV deal conditions look reasonable, says Jefferies
Jefferies says the Federal Communications Commission' conditions for AT&T's (T) pending acquisition of DirecTV appear reasonable and should have a negligible impact on deal economics. The firm sees AT&T's upcoming analyst day in August as a positive catalyst for the shares. It keeps a Buy rating on the stock with a $40 price target.
July 24, 2015
17:33 EDTTS&P announces changes to S&P 400, 500, and 600 indices
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16:30 EDTTStocks end week lower as Apple headlines busy week of earnings
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16:22 EDTTOn The Fly: Top stock stories for Friday
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15:16 EDTTAT&T completes acquisition of DirecTV
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14:35 EDTTFCC approves, with conditions, AT&T acquisition of DirecTV
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14:32 EDTTFCC approves AT&T acquisition of DirecTV
July 23, 2015
19:44 EDTTAT&T says 'interested' in broadcast auction
On its Q2 earnings conference call, AT&T said, "With regard to the dissipation in the broadcast auction, we did offer to participate when we first announced our intention to acquire DTV. We'll wait and see what the final terms and conditions with regard to any approval of that merger are. But in any event I would suggest to you that we'll be interested and prudent in investigating the opportunities to see what's available and participate in an appropriate way as we move forward."
19:42 EDTTAT&T says 'on track' to hit guidance metrics
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19:39 EDTTAT&T expecting DirecTV deal approval 'at any time'
On its Q2 earnings conference call, AT&T (T) said it expects "final approval at any time" for the DirecTV (DTV) transaction. The company said it was "very confident" it can make an adequate return on any investment it makes as part of the deal, and that it still fully expects to achieve $2.5B worth of cost synergies from the deal. AT&T said, "We are more confident than ever about the opportunity this transaction brings. We are building a unique communications and entertainment company that we believe will not only transform us but transform our industry as well."
16:04 EDTTAT&T reports Q2 cash flow from operations of $9.2B, $4.5B in free cash flow
16:03 EDTTAT&T reports 2.1M net adds in Q2
Reports: 2.1 million net adds including 410,000 postpaid, 331,000 prepaid and 1 million connected cars; About 1.2 million branded (postpaid and prepaid) smartphones added to base; Positive branded phone net adds; Strong churn levels with continued low wireless postpaid churn of 1.01 percent and total churn of 1.31 percent; Strong phone-only postpaid ARPU with AT&T Next monthly billings growth, increased 6.1 percent year over year and 3.3 percent sequentially; Wireless operating margin of 25.6 percent; total EBITDA margin of 36.9 percent; with a best-ever adjusted EBITDA service margin of 48.5 percent.
16:01 EDTTAT&T reports Q2 adjusted EPS 69c, consensus 63c
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15:04 EDTTNotable companies reporting after market close
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12:39 EDTTEarnings Watch: Analyst sentiment positive on AT&T ahead of Q2 results
AT&T (T) is expected to report second quarter earnings after the market close on Thursday, July 23, with a conference call scheduled for 4:30 pm ET. AT&T is a global telecommunications company offering wireless and long distance services. EXPECTATIONS: Analysts are looking for earnings per share of 63c on revenue of $33.04B, according to First Call. The consensus range for EPS is 52c-67c on revenue of $32.51B-$33.84B. LAST QUARTER: AT&T reported first quarter adjusted EPS of 63c against estimates for 62c, on revenue of $32.58B against estimates for $32.84B. In Q1, the company reported the following: Wireless service revenues were down 3.7% to $14.81B; Phone-only postpaid ARPU decreased 9.6% versus the year-earlier quarter; Phone-only postpaid ARPU with AT&T Next monthly billings decreased 1.9% year over year, but increased 0.4% sequentially; Postpaid churn of 1.02%; 6.2M postpaid smartphone gross adds and upgrades in the quarter; 1.2M total wireless net adds, including 441,000 postpaid and 684,000 connected cars; 1.2M branded smartphones added to base, including 700,000 prepaid. AT&T noted its FY15 standalone guidance remained 'on track,' and said it expected the DirecTV (DTV) deal to close in Q2. STREET RESEARCH: Street research has been overwhelmingly positive in the weeks leading up to AT&T's Q2 earnings report with several firms issuing upgrades on the stock. On July 1, Oppenheimer raised their price target on AT&T to $40 from $36. Following AT&T's acquisition of DirecTV, Oppenheimer expects AT&T to benefit from cross-selling, new services, and higher wireless prices. The firm expects the company's free cash flow to be boosted by its winding down of Project VIP. The firm kept an Outperform rating on the stock. Also on July 1, Buckingham initiated AT&T with a Buy rating and $41 price target. On July 9, Stifel resumed coverage of AT&T with a Buy and $41.50 price target. PRICE ACTION: AT&T’s shares are up approximately 4% since the company's Q1 report. However, over the past 12 months, they are down about 5%. In afternoon trading ahead of tonight’s Q2 report, AT&T’s shares are down 0.7%.
09:38 EDTTActive equity options trading on open
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06:56 EDTTAmerica Movil downgraded to Underweight from Neutral at JPMorgan
JPMorgan downgraded America Movil (AMX) to Underweight saying competition coming from AT&T (T) will drive Mexican margins lower. The firm cut its price target for shares to $17.50 from $20.50.
July 22, 2015
15:16 EDTTFCC set to deny T-Mobile request for small carrier airwave help, Bloomberg says
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15:02 EDTTOptions Update; July 22, 2015
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11:32 EDTTAT&T July weekly volatility elevated into Q2 and outlook
AT&T July weekly call option implied volatility is at 30, August is at 17, September is at 16; compared to its 52-week range of 12 to 44, suggesting large near term price movement into the expected release of Q2 results on July 23.
July 21, 2015
20:08 EDTDTEGYSky criticizes 'highly damaging' proposal to merge BT Group, EE
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19:34 EDTTAT&T pleased with FCC order, sees closing DirecTV deal 'shortly' after approval
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18:54 EDTTAT&T announces Department of Justice completed review of acquisition of DirecTV
AT&T (T) released the following statement "We are pleased the Department of Justice has completed its review of our acquisition of DIRECTV (DTV). We look forward to gaining the approval of the Federal Communications Commission so we can quickly begin providing consumers with the benefits of this combination."
18:33 EDTTFCC chairman proposes to approve AT&T-DirecTV deal with conditions
In light of news reports concerning the proposed AT&T (T) and DirecTV (DTV) transaction, FCC chairman Tom Wheeler issued the following statement: "An order recommending that the AT&T-DirecTV transaction be approved with conditions has circulated to the commissioners... If the conditions are approved by my colleagues, 12.5M customer locations will have access to a competitive high-speed fiber connection. This additional build-out is about 10 times the size of AT&T’s current fiber-to-the-premise deployment... and more than triples the number of metropolitan areas AT&T has announced plans to serve. In addition, the conditions will build on the 'Open Internet Order' already in effect... First, in order to prevent discrimination against online video competition, AT&T will not be permitted to exclude affiliated video services and content from data caps on its fixed broadband connections. Second, in order to bring greater transparency to interconnection practices, the company will be required to submit all completed interconnection agreements to the Commission, along with regular reports on network performance... We will require an independent officer to help ensure compliance with these and other proposed conditions." Reference Link
18:24 EDTTFCC poised to approve AT&T acquisition of DirecTV, WSJ reports
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16:57 EDTTFCC poised to approve AT&T acquisition of DirecTV, DJ says
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July 16, 2015
19:27 EDTTFCC reforms bidding rules for spectrum auctions, prohibits joint bidding
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15:04 EDTDTEGYDISH buyout talks with T-Mobile stalled, Bloomberg reports
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10:04 EDTTU.S. Cellular offers 'guarantee' to beat Verizon and AT&T plans
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