AT&T (T) Declares $0.50 Quarterly Dividend; 5.6% Yield
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Global mergers and acquisitions reach record high in first quarter
March 30, 2018 1:23 AM EDTBy Greg Roumeliotis and Pamela Barbaglia
NEW YORK/LONDON (Reuters) - Global mergers and acquisitions (M&A) had their strongest start ever in the first quarter of 2018, totaling $1.2 trillion in value, as U.S. tax reform and faster economic growth in Europe unleashed many companies' dealmaking instincts.
Strong equity and debt markets and swelling corporate cash coffers also helped boost the confidence of chief executives, convincing them that now is as good a time as ever to pursue transformative mergers, dealmakers said.
"The clarity on tax has unclogged some of the M&A activity that was strategically... More
AT&T trial hears of consequences if Turner networks go dark
March 29, 2018 3:38 PM EDT(Reuters) - Twelve percent of subscribers would quit their cable or satellite companies if Time Warner Incs (NYSE: TWX) Turner networks were no longer available, a Massachusetts Institute of Technology marketing professor said on Thursday.
John Hauser, who teaches marketing, was the fourth witness to be called by the U.S. Justice Department in its lawsuit to block telecommunications company AT&Ts (NYSE: T) $85 billion deal to buy Time Warner.
The U.S. government opposes the deal, arguing that it would hurt consumers... More
AT&T (T) Develops Networking Switch, in Blow to Cisco (CSCO) - The Information
March 29, 2018 10:06 AM EDTAT&T (NYSE: T) Develops Networking Switch, in Blow to Cisco (Nasdaq: CSCO) - The Information
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