|Bid||0.00 x 3100|
|Ask||59.26 x 800|
|Day's range||58.96 - 59.37|
|52-week range||47.13 - 61.58|
|Beta (3Y monthly)||0.42|
|PE ratio (TTM)||15.31|
|Earnings date||1 Aug 2019|
|Forward dividend & yield||2.41 (4.21%)|
|1y target est||59.64|
Rather than buying the entire BBB-rated debt segment, investors should pick and choose their spots with care, the bank says.
The Zacks Analyst Blog Highlights: Verizon Communications, AT&T, American Tower, Crown Castle International and SBA Communications
The U.S. Justice Department's antitrust division staff has recommended the agency block T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with the matter. While Justice Department staff balked at the merger, the Federal Communications Commission indicated on Monday it had reached an agreement in principle with the companies to allow the deal after the companies agreed to sell Sprint's prepaid brand Boost Mobile. The final decision on whether to allow two of the four nationwide wireless carriers to merge now lies with political appointees at the department, headed by antitrust division chief Makan Delrahim.
The restructured FCC under Trump's presidency has given enough indications of its leniency compared with the Obama administration.
As diehard fans around the world indulged in the final episode of Game of Thrones, here are some of the crucial numbers that brought together the award-winning series.
U.S. stocks dropped on Monday, as Washington's restrictions on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies. Apple Inc slumped 3.4%, weighing the most on the three main indexes and driving down the S&P 500 technology sector 1.51%, the biggest decliner among the six S&P sectors trading lower.
U.S. stocks fell on Monday, as Washington's crackdown on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies. Apple Inc slumped 3.3%, weighing the most on the three main indexes and driving down the S&P 500 technology sector 1.27%, the biggest drop among the six S&P sectors trading lower.
Many investors assumed that federal antitrust regulators wouldn’t let the wireless market shrink to three major players from four. But the latest news from the FCC indicates otherwise.
T-Mobile (TMUS) and Sprint (S) plan to announce commitments to the federal government, including asset sales and rural-service guarantees, to secure regulatory approval for their $26.5 billion merger.
U.S. stocks fell on Monday, as a crackdown on China's Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an escalation in trade war between the two nations. Apple Inc slumped 3.84%, weighing the most on the three main indexes. U.S. suppliers of Huawei, including Qualcomm , Micron Technology and Broadcom Inc, fell about 5%, while the Philadelphia Semiconductor Index slid 2.88%, its lowest level in over two months.
Sprint Corp and T-Mobile US Inc has won the support of the chairman of the U.S. telecommunications regulator but will require a series of changes to their proposed $26 billion merger, including selling Sprint's Boost Mobile cell service. Federal Communications Commission (FCC) Chairman Ajit Pai said on Monday he will recommend that the other four commissioners vote to approve the merger. A second member of the five-person FCC, Commissioner Brendan Carr, a Republican, also said he will vote to approve the deal.
T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp appeared to win the support of a majority of the Federal Communications Commission on Monday, in a significant step toward the deal's approval. FCC Chairman Ajit Pai, a Republican, came out in favor of the combination after the companies offered concessions, including selling Sprint's Boost Mobile prepaid cell service, as did FCC Commissioner Brendan Carr, a Republican. The five-member panel's third Republican, Mike O'Rielly, said he was "inclined to support" the proposed merger, even if he was not convinced of the need for all of the conditions announced by Pai.
A few hours after Verizon officially started selling the Samsung Galaxy S10 5G, Sprint announced that it will be offering two 5G devices for its network by the end of the month. Among U.S. carriers, Verizon (or parent company’s parent company) has been the most aggressive. Of course all of these devices while default to 4G when there’s no 5G to be found, which is going to be the case more often than not for a while.
Markets closed in the green on Wednesday after the Trump administration was said to be considering delaying the imposition of auto tariffs for the next six months.
If your phone log is anything like mine, the list of incoming scam calls makes it look like you work for the State Department: Sri Lanka, Lithuania, Russia, Bosnia, Benin, Croatia and Sierra Leone. "Nothing is protecting voice and text, so all the criminals sneak in," said Aaron Foss, founder of Nomorobo, a scam-blocking service. Until a foolproof way is found to stop these nuisance calls, here is what you need to know.
U.S. Federal Communications Commission (FCC) Chairman Ajit Pai on Wednesday proposed allowing phone companies to block unwanted "robocalls" by default in a bid to reduce the flood of nuisance calls from telemarketers and scammers. Pai said many service providers have held off developing and deploying default call-blocking tools because of uncertainty about whether the tools are legal under the FCC rules. In addition, companies could allow users to block calls not on their contact lists, Pai said.