Text size Barron’s praised AT&T’s Warner Bros. spinoff in a May 2021 cover story. Both stocks are attractive now. Justin Sullivan/Getty Images AT&T has officially closed the book on a tumultuo...
Tag: Warner Bros. Discovery
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The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies mak...
AT&T Cut Its Dividend With the Spinoff. Why It’s Still Generous.
Text size AT&T’s dividend commitment will total around $8 billion annually. Dreamstime AT&T has officially spun off its media business, with Warner Bros. Discovery trading on its own for the f...
How to Handle the Taxes on the AT&T Spinoff of Warner Bros.
Text size The Warner Bros. Studios in Burbank, Calif. AT&T shareholders have received a 0.242 share of Warner Bros. Discovery for each AT&T share. Photographer: Bing Guan/Bloomberg Bing Guan/B...
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 o...
Discovery Shares Jump 16% As Excitement Builds Around WarnerMedia Deal
Topline Shares of media conglomerate Discovery surged 16% on Friday, gaining momentum as investors eagerly anticipate a massive $43 billion merger with AT&T’s WarnerMedia, which cleared several re...
Stock Surge Validates AT&T’s Move to Spin, not Split, Stake in Warner Bros.
Text size AT&T’s spinoff appears to be popular with its legions of retail investors. Chris DELMAS / AFP / Getty Images The 7% gain in AT&T shares Monday offers some validation for the co...