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Said on Wednesday that it is exploring the possibility of an initial public offering of a minority interest in its Latin America entertainment business subsidiary, DirecTV Latin America. The plan would be to offer securities in the first half of 2018. AT&T said it has confidentially filed a registration statement with U.S. Shares of parent company AT&T are down more than 10% in the last 12 months, while the S&P 500 index is up nearly 18% and the Dow Jones Industrial Average is up 24%.
7, 2018 at 9:19 a.m. ET • by Trey Williams. S term loan credit agreement, which it will use to fund its purchase of Time Warner Inc., was boosted about 62% to $16.18 billion from $10.00 billion. The commitment termination date was extended to Dec. The original term loan agreement was dated Nov. 15, 2016, with J.P. Morgan Chase & Co.
AT&T's stock slipped 0. Factory Direct Unlocked Cell Phones. 8% in premarket trade, while Time Warner shares were indicated down about the same. AT&T shares have climbed 14% over the past three months, while Time Warner's have gained 3.7% and the S&P 500 has tacked on 6.7%. 5, 2018 at 6:59 a.m. How To Unlock Facebook Account Without Phone. ET • by Tomi Kilgore.
Shares of AT&T Inc. Rose 3% late Wednesday after the company reported adjusted fourth-quarter earnings and sales that beat expectations. AT&T said it earned $19 billion, or $3.08 a share, in the quarter, compared with $2.4 billion, or 39 cents a share, in the year-ago period. Adjusted for one-time items, the company said it earned 78 cents, compared with 66 cents a year ago. Revenue rose to $41.7 billion, compared with $41.8 billion in the fourth quarter of 2016.