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AT&T Inc. stock chart:

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AT&T Inc. latest news:

  • 11/09/2017 11:54:11

    AT&T CEO says DoJ did not ask him to sell CNN to close Time Warner deal

    The Chief Executive of AT&T Inc. Randall Stephenson said he has not been asked to sell CNN as part of a deal with the U.S. government to gain approval for the company's planned takeover of Time Warner Inc. . Stephenson said at the New York Times Dealbook conference in New York that he has never been told that the price of getting the deal completed was a sale of CNN. "I have never offered to sell CNN and have no intentions to sell CNN," Stephenson said. On Wednesday, the Financial Times reported that the DoJ has told AT&T it would have to sell the cable news channel to win approval for the deal, citing people with knowledge of the negotiations. AT&T shares were up 1.9% while Time Warner shares were down 0.9%. The S&P 500 was down 0.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 11/08/2017 12:03:43

    DOJ says AT&T, Time Warner need to sell CNN for merger approval: report

    The Justice Department has told AT&T Inc. that the company needs to sell CNN, Time Warner's cable news network, in order for its proposed $84.5 billion acquisition of Time Warner Inc. to be approved, according to a report in the Financial Times, which cited people with knowledge of the negotiations. Shares of Time Warner were down more than 5% on Wednesday. According to the report, selling CNN is just one of the demands being made, but the deal's approval relies on that. CNN has been the target of much of President Donald Trump's "fake news" bashing in the first year of his term. According to the FT, AT&T is not really interested in selling the news network, and the company is prepared to take the Trump administration to court. Shares of Time Warner have declined more than 7% in the year to date, and AT&T shares are down nearly 22%. By comparison, the S&P 500 index is up close to 16% and the Dow Jones Industrial Average is up more than 19%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 10/24/2017 14:12:05

    AT&T earnings hit expectations, wireless gains are better than expected

    AT&T Inc. revenue came up a bit short of expectations in a Tuesday report, but the company added more wireless subscribers than expected and shares were mostly steady in late trading. AT&T reported third-quarter net income of $3 billion, or 49 cents a share, on revenue of $39.7 billion, down from $40.9 billion a year ago. After adjusting for amortization, merger costs and other effects, AT&T reported earnings of 74 cents a share, the same as last year. Analysts on average expected adjusted earnings of 74 cents a share on sales of $40.1 billion, according to FactSet. The company said it added 3 million wireless customers on a net basis in the quarter, beating analyst expectations of 1.8 million net adds. The company acknowledged earlier this month that its third-quarter earnings and revenue would be lower than expected due to hurricanes and the Mexico earthquake, and that it was continuing to lose thousands of cable-television subscribers. AT&T stock bounced between slight losses and gains in after-hours trading, after closing with a 1.1% decline at $34.86.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 10/23/2017 05:57:42

    AT&T, Time Warner extend merger termination date for a 'short period of time'

    AT&T Inc. said Monday in a filing with the Securities and Exchange Commission that the "termination date" of the deal to buy Time Warner Inc. was extended "for a short period of time." The termination date was Oct. 22. The telecom company said the extension was to give extra time to obtain final regulatory approval to close the $85 billion merger deal, which was announced about one year ago. AT&T's stock has lost 5.2% over the past 12 months, while Time Warner shares have rallied 13.8%, the iShares U.S. Telecommunications ETF has slipped 2.4% and the S&P 500 has gained 20.3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

  • 10/11/2017 15:44:53

    AT&T warns of lower Q3 revenue, profit on hurricanes, Mexican earthquakes

    AT&T Inc. late Wednesday warned investors to expect lower third-quarter revenue and profit after several "devastating hurricanes, as well as earthquakes in Mexico, significantly impacted certain regions of our service area during the third quarter," the company said in a filing. Damage to the company's network and other property, costs to restore services, and revenue declines from waived charges will decrease third-quarter revenue nearly $90 million, and pre-tax earnings about $210 million, or 2 cents a share, AT&T said. "We expect further reductions in the fourth quarter as we continue to assess damage to our network and fully restore service," it said. The company reiterated its full-year 2017 guidance of mid-single-digit adjusted earnings growth, adjusted consolidated operating margin expansion, capital expenditures in the $22 billion range, and free cash flow at the low end of the $18 billion range. The company also said it expects to report a net decline in total video subscribers, thanks to "heightened competition in traditional pay TV markets and over-the-top services, hurricanes and our stricter credit standards." Shares of AT&T fell 0.2% after hours, and ended the regular session down 0.8%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

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