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AT&T Inc. (T)

- NYSE
  • Jan. 12, 2011, 9:33 AM
    Deutsche Bank downgrades Verizon (VZ +0.8%) to Hold, based on limited potential upside to the stock, preferring AT&T (T) as a Buy. But Goldman upgrades Verizon to Buy from Neutral, claiming Street estimates don't fully reflect 2011's wireless opportunity, and there will be continued share price outperformance.
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  • Jan. 12, 2011, 8:15 AM
    Following on from Goldman's bullish call on stocks and the economy, its top picks for 2011 - a year it says will favor cyclicals: XOM, AAPL, GE, IBM, CVX, JPM, WFC, BAC, BRK.B and INTC. Should-avoids: MSFT, GOOG, PG, T, JNJ, KO, PFE, ORCL, WMT and MRK.
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  • Jan. 11, 2011, 3:43 PM
    Verizon (VZ) may spend $3B to $5B in subsidies to move its iPhone 4 (AAPL), so while the device may win it subscribers from AT&T (T), it will also crimp its own profits. "You basically write customers a $400 check," says UBS. Verizon earnings will drop to $2.20/share in 2011, from an estimated $2.26/share in 2010, says UBS.
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  • Jan. 11, 2011, 3:08 PM
    The fact that Verizon's (VZ) iPhone 4 (AAPL) won't exploit the carrier's 4G LTE network may boost Motorola Mobility (MMI) long term, says C.L. King. In Q2, Motorola will field a Droid Bionic phone and the Xoom tablet, both optimized for Verizon's LTE. After an operating loss in Q1 because of the new iPhone, these devices might let Motorola rebound.
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  • Jan. 11, 2011, 1:17 PM
    The recent drop in the share prices of Verizon (VZ -2%) and AT&T (T -1.8%) is perhaps more about investors attempting "to figure out the impact of the Verizon iPhone (AAPL -0.3%) than the long-term financial and dividend picture for those two companies," notes Richard Shaw. What counts most is data delivery - not declining wireline revenue.
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  • Jan. 11, 2011, 11:36 AM
    Verizon Wireless (VZ, VOD) will sell the iPhone 4 (AAPL), a rebranded version of the existing device, starting on February 10, at a base price of $200. The data plan pricing info wasn't publicly available yet. The move most likely will squeeze AT&T (T -1.3%), which has been mocking Verizon's network capability.
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  • Jan. 11, 2011, 11:13 AM
    After much speculation and anticipation, Verizon (VZ -1.9%) makes it official: the Verizon iPhone 4 (AAPL -0.3%) is coming early next month. Verizon has been preparing the launch carefully, testing its network to make sure it has adequate spectrum, says Verizon Wireless CEO Dan Mead.
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  • Jan. 11, 2011, 8:56 AM
    The rumored Verizon Wireless (VZ, VOD) iPhone (AAPL) could cannibalize Android (GOOG) shipments by the million, given pent-up demand from subscribers who had no Apple alternative with the carrier, say some analysts. On the other hand, AT&T (T) may have a new incentive to push Android units and offset any losses.
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  • Jan. 10, 2011, 4:32 PM
    After Motorola Mobility's (MMI) impressive debut as a new company at CES, where it announced 3 new smartphones and the Xoom tablet, Morgan Keegan cut its rating to Market Perform from Outperform. Morgan Keegan noted disappointment at "not seeing a fully functioning tablet." MMI closed at -2.4%.
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  • Jan. 10, 2011, 4:09 PM
    With all the excitement on the possible Verizon (VZ) iPhone announcement tomorrow, Apple (AAPL) broke its 52-week high of $336.35/share. Apple is flat, and Verizon +0.1% AH.
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  • Jan. 10, 2011, 12:19 PM
    RadioShack (RSH) is -5.7% on expectation its finances will suffer if Verizon (VZ) and Apple (AAPL) formally announce their iPhone union. RadioShack depends heavily on mobile phone sales, isn't a Verizon partner, and just lost its kiosks in Sam’s Club (WMT), to boot. This is likely to be a "tough week" for RSH, notes Goldman Sachs.
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  • Jan. 10, 2011, 11:37 AM
    Despite AT&T's (T) claims, Verizon (VZ) has been building up its network to handle iPhone- (AAPL) like devices handily, say sources. Unlike AT&T, Verizon feels its network is robust enough to offer unlimited data-usage plans if it does start selling iPhones this month, as rumored. iPhone traffic has hurt AT&T's service levels.
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  • Jan. 10, 2011, 10:45 AM
    The rumored deal between Verizon (VZ +0.4%) and Apple (AAPL +1%) isn't quite that of equals, argues Kaufman Bros. Given softening Android (GOOG -0.8%) demand over the past 2 quarters, Verizon has been bleeding share to AT&T (T -1.4%). Verizon would probably pay a premium to preserve iPhone exclusivity.
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  • Jan. 10, 2011, 9:52 AM
    Even before Verizon (VZ +0.3%) unveils its rumored iPhone (AAPL +1.3%), AT&T (T -1.5%) is already launching an assault on it. AT&T says Verizon's CDMA technology is slower than AT&T's GSM network. "The iPhone is built for speed, but that's not what you get with a CDMA phone," says an AT&T spokesman.
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  • Jan. 10, 2011, 8:23 AM
    Verizon Wireless' (VZ, VOD) rumored unveiling of its iPhone (AAPL) in a New York event on Tuesday may mark an industry sea change, say analysts. This move would result in a surge of iPhone sales, and most likely let Apple fend off challenger Google (GOOG) and its partners. Premarket, VZ +1.2%, VOD -0.4%, GOOG -0.1%.
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  • Jan. 8, 2011, 12:25 AM
    Sure enough, Verizon Wireless' (VZ, VOD) Tuesday press conference is set to confirm its version of the iPhone (AAPL). Much of AT&T's (T) subscriber growth has come from its 3.5-year exclusive hold on the device; it could see 1M-3M fewer new subscribers with Verizon in the mix. (previously)
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Company Description
AT&T Inc, through its subsidiaries and affiliates, provides wireless and wireline telecommunications services in the United States and internationally. The Company has three reportable segments: Wireless, Wireline, and Other.