Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week

Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tyson Foods , BioNTech , AIG, and Take-Two Interactive Software will report. Coinbase Global, Norwegian Cruise Line Holdings , Sysco , and Ralph Lauren go on … Read more

AT&T, Verizon, and T-Mobile Earnings Are Coming. What to Expect.

AT&T is among the big telecoms reporting earnings this week. Stefani Reynolds / AFP via Getty Images Text size Telecom stocks have been a haven in 2022, with the big U.S. companies leading the market after a challenging 2021 performance. Second-quarter earnings season will be the next test for the group. AT&T (ticker: T) and … Read more

AT&T Stock Rises After Completion of WarnerMedia Spinoff

Text size AT&T has completed the spinoff of WarnerMedia. Justin Sullivan/Getty Images AT&T wrapped up its WarnerMedia spinoff late last week, and the stock was rising on Monday. The stock jumped 8%, to $19.67. AT&T (ticker: T) in February decided to structure WarnerMedia’s divestiture as a spinoff instead of a split-off, or exchange. A split-off … Read more

AT&T Boss Sees Room to Raise Prices, Cut Costs After Media Exit

AT&T Inc. Chief Executive Officer John Stankey says inflation could prompt the wireless and broadband company to raise prices for some core services while it continues to cut costs after getting out of the media business. The company on Friday completed the planned separation of its film-and-TV empire into a new publicly traded company called … Read more

What AT&T Is Giving Investors in WarnerMedia Spinoff⁠ and How It Will Work

Text size Justin Sullivan/Getty Images This article originally appeared on MarketWatch. AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they own. AT&T  (ticker: T) is in the process of spinning off its WarnerMedia business in … Read more

Here is what AT&T is giving investors in WarnerMedia spinoff, and how it will work

AT&T Inc. detailed its plans for the spinoff of WarnerMedia on Friday, with investors eventually expected to receive a share of the new streaming-media entity for every four AT&T shares they own. AT&T T, +2.19% is in the process of spinning off its WarnerMedia business in a combination with Discovery Inc. DISCA, +0.85%, which executives … Read more

AT&T Spent a Decade Buying Things. Now It’s Cleaning House.

Illustration by Elias Stein Text size AT&T cast light on its pending spinoff of WarnerMedia to Discovery this past week—a big step toward putting a decade of misguided mergers and acquisitions behind it. AT&T spent years dishing out billions of dollars on deals, including $66 billion for DirecTV in 2015 and $106 billion for Time … Read more

AT&T’s Dividend Cut Puts It in an Unenviable Club

A company cutting its dividend after a spinoff is uncommon, but not unprecedented. The longer-term outcomes can vary markedly. AT&T (ticker: T) joined this club on Tuesday, when it said it expects that its annual dividend will be $1.11 a share, down sharply from $2.08 in 2021, after its planned spinoff of its WarnerMedia assets … Read more