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Stock Market & Financial Investment News

News Breaks
January 15, 2014
05:11 EDTT, CMCSAAT&T to provide networking services for 2014 Winter Olympics
NBCUniversal, a Comcast (CMCSA) company, has selected AT&T (T) to provide the networking services to support the delivery of its Olympics coverage across multiple devices during the 2014 Olympic Winter Games from Sochi, Russia, February 6-23. NBCUniversal will use an array of AT&T networking solutions to deliver high-definition coverage of the Sochi Olympic Winter Games. These services will support high-definition video feeds and allow viewers in the United States to enjoy a reliable, high-quality viewing experience of the Sochi Winter Games.
News For T;CMCSA From The Last 14 Days
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September 30, 2014
08:49 EDTTAT&T still sees Q3 wireless postpaid churn 1% or lower
AT&T is holding a meeting with investors today in Atlanta. In advance of that meeting, the company is providing an update on its wireless operational results for Q3, along with details on progress in two emerging lines of business in its Mobility group: connected cars and AT&T Digital Life. For Q3, AT&T still expects wireless postpaid churn to be 1% or lower. The company expects total AT&T Next take rates to be approximately 50% and to have over 400,000 postpaid smartphone gross adds from customers who “bring their own mobile devices." AT&T also expects approximately 58% of its postpaid smartphone base to be on Mobile Share Value plans at the end of the third quarter. AT&T expects meaningful subscriber growth for its connected car services in the next three-to-five years. As of today, AT&T provides either wholesale or retail connectivity to nearly 2 million U.S. registered passenger vehicles with about 500,000 added in the third quarter. In 2015, AT&T expects to connect nearly half of new wireless-connected U.S. passenger vehicles. The company expects to serve more than 10 million such vehicles by the end of 2017.AT&T expects revenues from its connected cars to be driven initially by wholesale customer relationships with auto manufacturers, with the opportunity to develop a direct retail relationship with drivers. Wholesale ARPU, paid for by auto manufacturers, is expected to be in the low single digits and retail ARPU, paid for by the car owners, is expected to be similar to that of a tablet on an AT&T Mobile Share Value Plan. In addition, AT&T Digital Life, the company’s home security and automation service, has approximately 140,000 subscribers at the end of the third quarter with more than half of those added in the last two quarters. As of today, The Digital Life Smart Security plan ranges from $40 a month for a basic security plan to $70 a month with security and automation packages. Additional installation and equipment fees also may apply. Approximately a third of customers that sign up for Digital Life security plans are also adding automation products, with the majority of those choosing video or door-control products.
08:31 EDTTGameStop Technology Institute announce collaboration with AT&T
GameStop (GME) announced that its GameStop Technology Institute business unit is collaborating with AT&T (T) to further its focus on delivering to its brick-n-mortar retail stores technology advancements that drive positive customer experiences and accelerate the pace of change within the retail industry. As part of the relationship, GTI is working closely with AT&T to define the technical capabilities required to enable customers to interact seamlessly and responsibly through their electronic devices with digital product promotional materials (e.g., video game trailers, special discounts, etc.) located on store shelves and within identified product communication zones. To accomplish this, the company is utilizing AT&T Network Services, such as AT&T Business Fiber, so GameStop stores have reliable and scalable speeds.
07:53 EDTTAnalysts see AT&T with early lead over Verizon in connected cars, Reuters says
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06:25 EDTCMCSAFCC asks media companies for Comcast contract details, WSJ reports
The FCC is pushing for media companies to submit details of their programming agreements with Comcast (CMCSA) ahead of the company's merger with Time Warner Cable (TWC), reports the Wall Street Journal. Citing a person familiar with the matter, the FCC believes the documents contain information that would be relevant in its review. Officials from media companies including CBS (CBS), 21st Century Fox (FOXA), Disney (DIS), Discovery (DISCA), Time Warner (TWX) and Viacom (VIA;VIAB) met with FCC staff earlier this month to voice concerns about releasing highly confidential materials. Reference Link
September 29, 2014
07:18 EDTCMCSA, TStarz may struggle to sell itself, WSJ reports
Starz (STRZA) may struggle to sell itself, according to the Wall Street Journal citing challenges facing standalone media companies. The publication says that the standalone networks -- Starz, AMC Networks (AMCX) and Scripps Networks (SNI) -- "lack the heft" of larger peers in negotiations regarding affiliate deals, and look "increasingly vulnerable" now that Comcast (CMCSA), Time Warner Cable (TWC), DirecTV (DTV) and AT&T (T) are joining forces. Reference Link
September 28, 2014
18:04 EDTTAT&T to offer double the amount of data on shared mobile plans
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September 25, 2014
17:50 EDTCMCSACompanies receive U.S. information requests on Comcast-TWC deal, Bloomberg says
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10:45 EDTTDirecTV shareholders approve AT&T merger
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10:44 EDTTDirecTV shareholders approve AT&T merger
10:16 EDTTDirecTV shareholders vote in favor of merger with AT&T, Bloomberg reports
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September 24, 2014
12:14 EDTCMCSANetflix responds to Comcast's extortion claims, Variety reports
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09:17 EDTCMCSAComcast accuses TWC deal opponents of extortion, Re/code reports
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07:43 EDTCMCSAARRIS and Comcast trial ew RDK software in broadband modems
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05:03 EDTTAT&T to offer Samsung Gear S
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September 23, 2014
12:19 EDTTAT&T, Vodafone 'laying groundwork' for deal, BSN reports
Vodafone (VOD) and AT&T (T) are "laying the groundwork" for a possible acquisition, merger or partnership deal, according to Bright Side of News, citing sources close to both companies. Shares of Vodafone have moved out of negative territory and are up 0.5% following the report. Reference Link
September 22, 2014
10:01 EDTTGernin Group and AT&T's Otter Media to acquire majority stake in Fullscreen
Otter Media, a venture between The Chernin Group and AT&T, agreed to purchase a majority stake in Fullscreen, a global online media company. As part of the deal, Fullscreen CEO and Founder George Strompolos will continue as CEO and maintain a material ownership stake in the company. Otter Media was established by AT&T and The Chernin Group to invest in, acquire and launch over-the-top video services. Fullscreen's management team will all continue in their roles in the company. The transaction is expected to close within the next month, subject to regulatory approval. WPP, which had invested in Fullscreen in a round of Series A funding led by The Chernin Group in 2013, will continue as a strategic shareholder in the company.
07:14 EDTTGSM Association to hold a conference
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06:44 EDTCMCSA'The Maze Runner' leads weekend box office sales with $32.5M, WSJ reports
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September 18, 2014
12:23 EDTTAT&T ex-partners look to FCC to hinder DirecTV offer, Reuters says
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09:34 EDTTAT&T extends NetBond security services to IBM SoftLayer platform
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