With 2024 upon us, telecom stalwart AT&T (NYSE: T) looks like it’s turned a corner on a multi-year transformation. After John Stankey took over as CEO in July 2020, he refocused the company on its telecommunications business, divesting the entertainment assets acquired under previous management. Because of this transition, the last few years weren’t kind […]
(Bloomberg) — A group of 50 companies including Amazon.com Inc., HSBC Holdings Plc and AT&T Inc. pledged to hire migrants in Mexico with the help of the United Nations’ migration agency, a move intended to give employment to some of the thousands of foreigners who have in recent years settled in the Latin American nation. […]
AT&T Inc. (NYSE:T) closed at $17.61 at the end of the day’s trading session on Feb. 6. In the preceding 52 weeks, the stock price fluctuated between a high of $19.99 and a low of $13.43. On Jan. 24, the telecom giant released its earnings for the year ending Dec. 31, 2023. During fiscal 2023, […]
FRESNO, Calif. (KSEE/KGPE) – With AT&T looking to end its carrier of last resort service throughout certain areas of California, which includes a large chunk of the Central Valley, dozens of local people facing the potential impacts descended on a public feedback hearing at the Clovis City Council Chambers Tuesday. Most of whom seemed extremely […]
Shares of telecom giant AT&T (NYSE: T) have been stuck in a downtrend since the start of the pandemic in 2020. From peak to trough, the stock was down more than 50% at one point during 2023. The company’s struggles to successfully integrate the expensive media acquisitions it had made over the previous decade initially […]
Shares of telecom giant AT&T (NYSE: T) headed lower last Wednesday following a fourth-quarter report that was a bit less positive than investors may have been expecting. Overall, the company’s results and guidance were solid. There were, however, a few issues that may have contributed to the post-earnings decline. What went right for AT&T When […]
It’s not often that a stock hits a 30-year low, but AT&T (NYSE: T) did just that last summer in the wake of revelations that “toxic” lead-clad cables left behind underground and underwater by the company decades ago could cost it billions of dollars to remove and properly dispose of. The lead cables issue was […]
T-Mobile US (TMUS) on Thursday reported mixed fourth-quarter financial results as earnings missed estimates while revenue for TMUS stock edged by views. Wireless subscriber additions topped AT&T (T) and Verizon Communications (VZ).
AT&T (NYSE: T) stock lost ground in Wednesday’s daily trading. The telecom company’s share price closed out the session down 3%, according to data from S&P Global Market Intelligence. AT&T published fourth-quarter results before the market opened this morning, delivering mixed top- and bottom-line results. The company’s revenue grew 2.2% year over year to hit […]
AT&T (T) early Wednesday reported fourth-quarter earnings that missed Wall Street estimates while revenue topped. T stock fell as the AT&T earnings outlook for 2024 fell short. X Reported before the market open, AT&T earnings for the December quarter fell 11% to 54 cents on an adjusted basis. Revenue from continuing operations rose 2.2% to […]
AT&T (NYSE: T) stock is gaining in trading. The company’s share price was up 2.3% as of 2:40 p.m. ET, according to data from S&P Global Market Intelligence. Verizon published its fourth-quarter earnings results before the market opened this morning, and its better-than-expected performance is also making investors more bullish about AT&T stock. While the […]
In this video, Motley Fool contributors Jason Hall and Jeff Santoro discuss why AT&T (NYSE: T) and Verizon Communications (NYSE: VZ), despite very appealing high-dividend yields, are unlikely to prove good long-term investments going forward. *Stock prices used were from the afternoon of Jan. 19, 2024. The video was published on Jan. 21, 2024. Should […]