Tag Archives: ATT

AT&T Inc. (T) reports Q3 2021 earnings on Thursday morning, with analysts looking for a profit of $0.80 per-share on $42.24 billion in revenue. If met, earnings-per-share (EPS) will mark a slight improvement compared to the same quarter in 2020. The stock booked a small gain after beating Q2 top and bottom line estimates in July but quickly turned tail, dropping more than 10% into last week’s 11-year low in the mid-20s. Income-Minded Shareholders Hit the Exits The telecomm giant rallied to a… Source link

AT&T and Google have announced that all Android phones on the network will use Google’s Android Messages app for SMS and RCS services. T-Mobile made the exact same partnership deal with Google in March, which leaves Verizon as the only US carrier who hasn’t committed to switching its customers to Android Messages by default. Along with the switch to Messages comes another important shift: real interoperability with RCS on other networks. AT&T has supported RCS for awhile now, but… Source link

Bloomberg CNN Dodges Risk of MSNBC Tie-Up as AT&T Opts for Discovery (Bloomberg) — For months, Wall Street has called on AT&T Inc. to shed its media assets, including CNN, arguing that investors prefer companies with a singular focus.On Monday, AT&T finally relented, announcing that CNN and its corporate siblings will be joining forces with Discovery Inc., home of networks like HGTV, Food Network and TLC.For CNN, the deal could provide a number of strategic advantages — and avoids the… Source link

Bloomberg AT&T Merges Media Assets With Discovery in $130 Billion Deal (Bloomberg) — AT&T Inc. agreed to spin off its media operations in a deal with Discovery Inc. that will create a new entertainment company, merging assets ranging from CNN and HBO to HGTV and the Food Network.The transaction values the combined entity at about $130 billion including debt, based on WarnerMedia’s estimated enterprise value of more than $90 billion.AT&T will receive $43 billion in cash, debt securities and… Source link

(Bloomberg) — AT&T Inc. is in talks to combine its media business with Discovery Inc. in a deal that would create a new entertainment powerhouse, according to people with knowledge of the matter, a surprising move for a company that spent $85 billion to acquire the assets less than three years ago. A deal could be announced as soon as this week, said the people, who asked not to be identified because the information is private. The idea is to combine Discovery’s reality-TV empire with… Source link

TPC Craig Ranch hops in this week to fill the void of hosting the AT&T Byron Nelson. They have a five-year contract for this event but as we saw with Trinity Forest, that could end sooner if it doesn’t go well. What do we know about Craig Ranch? It’s a par 72 that will play over 7,400 yards. The course has been soaked with rain in the lead-up to the event. The zoysia fairways don’t get much run to begin with so we should expect big hitters to have a nice advantage if they don’t move up some… Source link

Bloomberg Big Oil’s Secret World of Trading (Bloomberg Markets) — It was a bleak moment for the oil industry. U.S. shale companies were failing by the dozen. Petrostates were on the brink of bankruptcy. Texas roughnecks and Kuwaiti princes alike had watched helplessly for months as the commodity that was their lifeblood tumbled to prices that had until recently seemed unthinkable. Below $50 a barrel, then below $40, then below $30.But inside the central London headquarters of one of the… Source link

(Bloomberg) — AT&T Inc. will offload its DirecTV operations in a deal with private equity firm TPG that values the business at about $16 billion, a fraction of what the telecom giant paid for the satellite-TV company in 2015. The move caps years of AT&T deliberating over what to do with DirecTV, a pay-television pioneer that had increasingly become a burden as it hemorrhaged customers. As part of the agreement, a joint venture with TPG will run DirecTV and AT&T’s other pay-TV operations,… Source link

AT&T Pebble Beach Pro-Am Pebble Beach, CaliforniaPebble Beach Golf Links – Par 72 – 7,051 yardsSpyglass Hill Golf Course – Par 72 – 7,041 yardsField – 156 entrantsPurse – $7.8M The Preview Jordan Spieth‘s resurgence and a star-studded leaderboard among 5,000-fan galleries at the Waste Management Phoenix Open brought about all the intrigue you can ask for out of an early February stop on the PGA Tour in its competition with the Super Bowl. A trip to Pebble Beach sounds like a dream in the next… Source link

The views at Pebble Beach are phenomenal but they don’t move the needle when it comes to attracting the world’s best golfers. As a result, we see a relatively weak field lining up for this week’s Pebble Beach Pro-Am. Of course, it’s not actually a pro-am this year, due to that pesky pandemic. While the field may be lacking the firepower compared to recent events, there are still DFS contests to be played on Yahoo, so let’s jump in and search for some value plays. Poa Annua Putting Pebble Beach… Source link