Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  AT&T    T

AT&T (T)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

AT&T : Executive Says Timing of Time Warner Deal 'Now Uncertain'

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/08/2017 | 03:17pm CET
By Drew FitzGerald 

A top AT&T Inc. executive warned for the first time that the company is unsure about the timing of its planned takeover of Time Warner Inc., as the combination of the telecom and media giants faces extended antitrust review.

John Stephens, AT&T's chief financial officer, said Wednesday at an investor conference that the timing of the transaction was "now uncertain." Just a few weeks ago, he told investors the company still expected the transaction to close later this year. Mr. Stephens didn't say anything Wednesday to suggest the deal won't be approved but pulled back from that earlier guidance.

AT&T agreed last year to buy Time Warner, the owner of HBO, CNN and Warner Bros. studios, in a cash-and-stock deal worth $85 billion. The Wall Street Journal last week reported the Justice Department was laying the groundwork for a possible lawsuit to stop the deal while at the same time negotiating with company executives.

Shares of Time Warner fell 2% in Wednesday premarket trading, while AT&T shares rose slightly. AT&T shares have fallen sharply in recent weeks and Time Warner shares are trading at a wide discount to the implied offer price, as investors worry about the deal.

Write to Drew FitzGerald at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AT&T
01:24pAT&T : Ballardvale residents gird for fight over cell tower
AQ
09:22aAT&T : Widespread phone outage reported throughout Nevada County
AQ
09:17aAT&T : outage information for Nevada, Placer and Sierra counties
AQ
02/17AT&T : Mobility, Communications Workers of America Reach Tentative Agreement in ..
AQ
02/17AT&T : Wireless Workers in Southeastern States Reach Agreement on New Contract
AQ
02/17AT&T : Targets Developers with Apps for FirstNet App Catalog
AQ
02/17AT&T : Offering Buy One, Get One Free Deal for iPhone X
AQ
02/17AT&T : offers roadmap for U.S. cities that want early 5G service
AQ
02/17AT&T : Justice Challenges AT&T's Maneuver -- WSJ
DJ
02/17AT&T : Judge Is Asked to Disallow Trump Bias Claims in AT&T Merger Trial -- Upda..
DJ
More news
News from SeekingAlpha
02/18Tracking George Soros's Portfolio - Q4 2017 Update 
02/17REPORT : AT&T planning to enter Brazil mobile market 
02/17RETIREMENT STRATEGY : Inflation Is A Scourge On Retirees' Well-Being 
02/17Philip Morris Gets Morgan Stanley In Its Corner 
02/16AT&T pressing Trump contact issue in Time Warner pretrial hearing 
Financials ($)
Sales 2018 160 B
EBIT 2018 30 800 M
Net income 2018 17 375 M
Debt 2018 107 B
Yield 2018 5,40%
P/E ratio 2018 13,22
P/E ratio 2019 12,95
EV / Sales 2018 2,09x
EV / Sales 2019 2,05x
Capitalization 228 B
Chart AT&T
Duration : Period :
AT&T Technical Analysis Chart | T | US00206R1023 | 4-Traders
Technical analysis trends AT&T
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 40,7 $
Spread / Average Target 9,5%
EPS Revisions
Managers
NameTitle
Randall L. Stephenson Chairman, President & Chief Executive Officer
John J. Stephens Chief Financial & Principal Accounting Officer
Joyce M. Roché Independent Director
Laura D'Andrea Tyson Independent Director
Matthew K. Rose Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AT&T-6.35%223 521
CHINA MOBILE LTD.-6.37%194 230
NTT DOCOMO INC-0.85%97 504
SOFTBANK GROUP CORP-4.49%91 465
VODAFONE GROUP-14.95%75 170
KDDI CORP-8.37%63 760