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August 2, 2021

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AT&T hired ally of Commerce Secretary Gina Raimondo to lobby Biden’s infrastructure proposal

CNBC
CNBC – For more and to sign up click here John Stankey, CEO of AT&T Mike Segar | Reuters Telecom giant AT&T hired an ally of Commerce Secretary Gina Raimondo to lobby officials over President Joe Biden’s infrastructure plan. A lobbying registration report shows that AT&T hired Jon Duffy, the......

Capital Calls: “Friends” reunion bookends AT&T too

Reuters
Actor Jennifer Aniston looks on as she attends Variety’s 2019 Power of Women: Los Angeles, in Beverly Hills, California, October 11, 2019. REUTERS/Mario Anzuoni Concise insights on global finance. ———————————————– CENTRAL PERK. AT&T’s (T.N) HBO Max is finally releasing the much anticipated “Friends” reunion on Thursday. Covid-19 halted production last......

How Stank steered AT&T into multibillion-dollar sinking disaster

NYPost
Charles Gasparino How did AT&T chief John Stankey and his deal-making wingman and former boss, Randall Stephenson sailed into a costly, ill-advised media-buying spree that landed WarnerMedia and DirecTV — which are now being offloaded at a fraction of their immense cost. Source – For more click here To Return......

Stocks making the biggest moves midday: Boeing, Deere, AT&T and more

CNBC
CNBC – For more and to sign up click here An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged nearly 3% higher in midday trading after Reuters......

Jim Cramer adds current and past AT&T CEOs to Wall of Shame: ‘Thanks for nothing’

CNBC
CNBC – For more and to sign up click here After days of contemplation, Jim Cramer has officially affixed the current and former heads of AT&T into the “Mad Money” Wall of Shame. “Randall Stephenson and John Stankey, welcome to the Wall of Shame,” the CNBC host said Thursday, days......

Cramer rips AT&T leadership over the handling of WarnerMedia and the planned dividend cut

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday stepped up his criticism of past and present AT&T leaders for their handling of WarnerMedia, the movie and television content and streaming unit the telecom giant now plans to break off and combine with Discovery. In......

AT&T set to end media voyage with $43 bln Discovery deal

Reuters
AT&T (T.N), owner of HBO and Warner Bros studios, and Discovery (DISCA.O), home to lifestyle TV networks such as HGTV and TLC, said they will combine their content to form a standalone global entertainment and media business. Discovery Chief Executive David Zaslav will lead the proposed new company, which will......

Stocks making the biggest moves in the premarket: AT&T, Discovery, ViacomCBS, MicroStrategy & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: AT&T (T), Discovery (DISCA) – AT&T and Discovery announced a deal to combine Discovery with AT&T’s WarnerMedia unit. The combination would be co-owned by current shareholders of both......

AT&T announces deal to merge WarnerMedia with Discovery

CNBC
CNBC – For more and to sign up click here The logo of AT&T outside of AT&T corporate headquarters on March 13, 2020 in Dallas, Texas. Ronald Martinez | Getty Images News | Getty Images U.S. telecoms giant AT&T on Monday announced a deal combining its content unit WarnerMedia with......

AT&T in advanced talks to merge WarnerMedia with Discovery, deal expected as soon as tomorrow

CNBC
CNBC – For more and to sign up click here Combined images of AT&T CEO John Stankey (L)and john stankey WarnerMedia CEO Jason Kilar. Reuters AT&T is in advanced talks to merge WarnerMedia with Discovery in a deal that will strengthen the combined company against rival media giants Netflix and......

AT&T beats revenue, wireless subscribers estimates

Reuters
April 22 (Reuters) – AT&T Inc’s wireless subscriber additions more than doubled first-quarter estimates, as the reopening of the U.S. economy after months of pandemic-led restrictions boosted its smartphone sales and media business, pushing revenue past Street targets. The company said on Thursday it added 595,000 net wireless phone subscribers......

AT&T beats revenue estimates as reopening helps phone sales

Reuters
The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid AT&T Inc (T.N) beat Wall Street revenue targets as the reopening of the U.S. economy following pandemic-linked restrictions boosted smartphone sales......

AT&T will start counting HBO Max against data limits, blames California net neutrality law

CNBC
CNBC – For more and to sign up click here John Stankey Stephen Desaulniers | CNBC AT&T will no longer exempt viewership of its HBO Max streaming service from data caps after a federal court upheld California’s net neutrality law, the company said in a statement Wednesday. The company informed......

AT&T raises HBO Max subscriber forecast, sees 120 million to 150 million by the end of 2025

CNBC
CNBC – For more and to sign up click here In this photo illustration an HBO Max logo seen displayed on a smartphone. SOPA Images | LightRocket | Getty Images AT&T increased its subscriber forecast for HBO Max and HBO on Friday. The telecommunications company, which owns WarnerMedia, said it......

SEC accuses AT&T of selectively sharing investment info with analysts

CNBC
CNBC – For more and to sign up click here A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC The Securities and Exchange Commission accused AT&T and three of its executives of selectively giving some Wall Street analysts access to nonpublic information without......

U.S. SEC charges AT&T, three executives with selectively providing information to analysts

Reuters
FILE PHOTO: The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Friday it has charged AT&T Inc and three......

AT&T, loaded with debt from its DirecTV deal, sells part of its TV business to a private equity firm.

New York Times
AT&T is selling part of its TV business, which consists of the DirecTV, AT&T TV and U-verse brands, to the private equity firm TPG in a spinoff deal as it looks to shed assets to deal with a burdensome debt load and focus on its mobile telephone and streaming businesses.......

AT&T to spin off DirecTV, AT&T TV Now and U-Verse into new company valued at $16.25 billion

CNBC
CNBC – For more and to sign up click here People walk past an AT&T store in New York. Kena Betancur | AFP |Getty Images AT&T has entered into a deal with private equity firm TPG to spin off its DirecTV, AT&T TV and U-Verse business, according to an SEC......

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