New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 23, 2013
13:02 EDTTEarnings Preview: AT&T sees Q4 pre-tax charge of approximately $10B
AT&T (T) is expected to report Q4 earnings after the market close on Thursday, January 24, 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 EPS of 46c on revenue of $32.22B, according to First Call. The consensus range for EPS is 41c-52c on revenue of $31.48B-$32.72B... LAST QUARTER: AT&T reported Q3 adjusted EPS of 62c against estimates for 60c on revenue of $31.46B against estimates for $31.58B. On its Q3 earnings report, the company said it was on track to meet or exceed FY12 guidance. It expected consolidated revenue, margin, and EPS growth for the year. Business customers were seen as cautious on spending due to the fiscal cliff. However, AT&T said there should be pent up demand for the iPhone 5. On January 17, the company announced it will record a Q4 non-cash, pre-tax charge of approximately $10B related to actuarial gains and losses on pension and post-employment benefit plans... STREET RESEARCH: Street research has been neutral in the weeks leading up to AT&T's Q4 earnings report. On November 15, National Securities initiated AT&T with a Neutral rating. On November 19, Pacific Crest said Verizon was a more attractive play than AT&T due to better revenue and EBITDA growth. The firm maintained a Sector Perform rating on AT&T... PRICE ACTION: AT&Tís shares have traded in a choppy pattern following the company's Q3 report, and currently sit slightly below the level they traded at three months ago. In early afternoon trading ahead of tomorrow's Q4 report, AT&Tís shares are up almost 1% to $33.91.
News For T From The Last 14 Days
Check below for free stories on T the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 31, 2014
19:28 EDTTAmerica Movil to sell assets to appease Mexican regulators, Bloomberg says
In order to abide by anti-trust regulations in Mexico, America Movil (AMX, AMOV) has hired Bank of America to sell some assets, says Bloomberg. Potential buyers of the assets include AT&T (T) and SoftBank (SFTBF), added Bloomberg. Reference Link
14:05 EDTTDrexel Hamilton to hold a conference
Subscribe for More Information
13:27 EDTTAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
August 27, 2014
06:01 EDTTAT&T's Ralph de la Vega to oversee enterprise and mobile, Re/code reports
AT&T's Ralph de la Vega has been promoted to CEO of the company's mobile & business solutions organization, Re/code confirms. Glenn Lurie, currently the CEO of AT&T Mobility, will now run the mobile unit. Andy Geisse, AT&T's business solutions head, is retiring after 35 years with the company. Reference Link
August 26, 2014
08:44 EDTTBest Buy CFO says mobile phone category 'complicated to forecast'
Subscribe for More Information
August 25, 2014
11:48 EDTTAT&T, DirecTV agree to deal with DOJ paving way for merger, NY Post says
AT&T (T) has agreed with the Justice Department on terms paving the way for it to acquire DirecTV (DTV), though it could not be learned what, if any, conditions the department has placed on the merger, according to The New York Post, citing a source close to the process. Reference Link
August 22, 2014
10:15 EDTTVodafone rallies amid reports of AT&T takeover bid, FT says
Subscribe for More Information
07:11 EDTTAT&T may mount bid GBP3 per share bid for Vodafone, Daily Mail reports
AT&T (T) is working on a cash bid worth over GBP3 per share for Vodafone (VOD), according to the Daily Mail. The publication says China Mobile (CHL) may be interested in taking a stake in Vodafone of up to 20%. Reference Link
August 21, 2014
13:16 EDTTT-Mobile offers free data to users who recruit new customers to its network
T-Mobile (TMUS) is offering its current Simple Choice customers a free unlimited LTE data plan upgrade for a full year when they recruit a Sprint (S), Verizon (VZ), or AT&T (T) customer to its network. The new referred customer will also receive a full year of unlimited LTE data for free as well. If a Simple Choice customer who recruits a new user to T-Mobile's network already has an unlimited LTE data plan, they will receive a $10 credit each month for twelve months. The referral plan starts August 29. Reference Link
11:49 EDTTSprint announces $60 per month unlimited wireless plan
Sprint (S) announces an unlimited wireless plan for $60. The plan provides consumers unlimited talk, text and data while on Sprint's network for $60 per month, a $20 savings compared to T-Mobile's (TMUS) $80 per month unlimited plan, the wireless carrier said. The Sprint $60 Unlimited Plan is available to both new and existing Sprint customers starting tomorrow, August 22. To qualify for the plan, customers must purchase their device through Sprint Easy Pay, pay full retail price or bring their own compatible device.
August 19, 2014
10:01 EDTTAT&T confirms plan to deliver U-verse with AT&T GigaPower in Jacksonville
Subscribe for More Information
07:12 EDTTFCC looks into telecom special access line rates, Reuters says
Subscribe for More Information
06:46 EDTTAT&T technology routes calls to multiple devices, Re/code says
AT&T has developed technology that sends calls from one device to many other devices, Re/code reported yesterday. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use