Latest news with #AT&TInc
Business Times
02-06-2025
- Business
- Business Times
Earnings showing ‘uncertainty' – that's the only sure thing for investors
EARNINGS season is finally over, and for investors one thing is certain: Corporate executives and Wall Street analysts are deeply concerned about the 'uncertainty' sparked by President Donald Trump's combative trade plans. Corie Barry, chief executive officer of Best Buy Co, said during the company's earnings call on Thursday: 'As we look to the rest of the year, there is still uncertainty related to tariff levels, timing and countries involved, in addition to the potential actions of others in the industry, as well as the potential reaction of American consumers.' She is hardly alone. Deckers Outdoor Corp's chief financial officer said last week that the company cannot give full-year guidance due to 'macroeconomic uncertainty related to global trade policy'. And AT&T Inc is leaving flexibility in its balance sheet, so it can respond to 'a competitive environment or any uncertain things that occur in the macro environment', its chief executive officer John Stankey said. Since the beginning of April, the words 'uncertain', 'uncertainty' and 'uncertainties' have been used about 3,100 times during companies' earnings calls and other events, Bloomberg found out through an analysis of transcripts. This was the most in any quarter, based on records going back more than two decades, topping even the figure at the height of the global financial crisis in 2008 and the beginning of the Covid-19 pandemic in 2020. The level of uncertainty is rising as the courts challenge Trump's sweeping global tariffs. On Wednesday, a three-judge panel for the US Court of International Trade declared that the Trump administration had wrongly invoked a 1977 law in imposing levies on dozens of countries, and that the move was therefore illegal. Then on Thursday, a federal judge in Washington ruled that a number of Trump's tariffs on China and other countries were unlawful. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Finally, on Thursday afternoon, a federal appeals court temporarily paused the Court of International Trade's ruling on the tariffs, so it can weigh a longer lasting stay sought by the government. For its part, the Trump administration has vowed to appeal the decision to the Supreme Court if necessary. Hard to feel confident The lack of clarity on trade and the impact on the economy is weighing on stock-market investors, even as the S&P 500 Index has rebounded from its April lows and is now less than 4 per cent from the all-time peak it hit in February. 'It's really hard to feel confident that we're going to surge higher to record highs with this overhang,' said Mark Hackett, chief market strategist at Nationwide. Meanwhile, a measure of chief executives' confidence has plunged to the lowest level since 2022. More than 80 per cent of executives said they expected a recession within the next year and a half, a survey in May by the Conference Board, in collaboration with the Business Council, found. On Goldman Sachs Group Inc's Apr 14 earnings call, CEO David Solomon said a lack of clarity had constrained clients' ability to make 'important' decisions. 'This uncertainty around the path forward and fears over the potentially escalating effects of the trade war have created material risks to the US and global economy,' he said. 'We are hopeful that feedback from companies large and small, institutional investors and ultimately, consumers, will support an approach that will lead to greater economic certainty and long-term growth.' Six weeks later, US trade policy is still in flux. Countries are racing to strike deals before Trump's tariff pauses end, while the president keeps rattling markets with threats on social media. Meanwhile, the US economy shrank in the first quarter, but other economic data has largely held firm. Companies have, by and large, kept capital spending plans intact despite fears of a pullback, which is encouraging to investors. However, for corporate executives, the risk of the unknown remains the biggest fear. Exxon Mobil Corp CEO Darren Woods said on Wednesday: 'In the longer term, the secondary effects of tariffs, like their impacts on global GDP growth and energy demand, are much more complex and remain a source of uncertainty. 'We're staying focused on the things we can control.' BLOOMBERG
Yahoo
28-05-2025
- Business
- Yahoo
The Zacks Analyst Blog Highlights Coca-Cola, Abbott Laboratories and AT&T
Chicago, IL – May 28, 2025 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: The Coca-Cola Co. KO, Abbott Laboratories ABT and AT&T Inc. T. The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including The Coca-Cola Co., Abbott Laboratories and AT&T Inc. These research reports have been hand-picked from the roughly 70 reports published by our analyst team can see all of today's research reports here >>> The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens and attempts to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each can read today's AWS here >>> Pre-Markets Up on New Tariff Developments Coca-Cola's shares have outperformed the Zacks Beverages - Soft drinks industry over the year-to-date period (+16% vs. +8%). The company delivered a strong first-quarter 2025, marking its ninth consecutive quarter of beating top- and bottom-line expectations. First-quarter 2025 performance was driven by broad-based growth, improved price/mix, and effective execution of its all-weather strategy, which blends marketing, innovation, and revenue growth and marketing continue to drive brand momentum, with impactful campaigns and product launches. However, volume softness in key markets like North America and Mexico, due to weather, timing shifts, and weaker sentiment, tempered headwinds, higher taxes, and rising interest costs continue to be concerns. Despite reaffirming its 2025 guidance, management signaled a cautious near-term outlook, describing Q2 as potentially "choppy."(You can read the full research report on Coca-Cola here >>>)Shares of Abbott have outperformed the Zacks Medical - Products industry over the year-to-date period (+15.7% vs. +4.3%). The company's pipeline is unlocking new growth opportunities, supporting the company's positive momentum and strong growth outlook for 2025. Freestyle Libre, Lingo and Libre Rio CGM devices are on a great trajectory. Alinity, the company's next-generation suite of systems, is a key driver in the core lab diagnostics is optimistic about its latest progress with biosimilars and expects this to significantly boost EPD sales, beginning 2025. Within Nutrition, despite softness in its international pediatric arm, Abbott is regaining market share banking on strong Adult Nutrition the significant runoff of COVID-19 testing-related sales is hurting Abbott's Diagnostics growth. Headwinds such as tough macro conditions and foreign exchange also adds to the worry.(You can read the full research report on Abbott here >>>)AT&T's shares have outperformed the Zacks Wireless National industry over the year-to-date period (+23% vs. +13.5%). The company is witnessing healthy momentum in its postpaid wireless business with a lower churn rate and increased adoption of higher-tier unlimited plans. AT&T expects to gain a competitive edge over rivals through edge computing services that allow businesses to route application-specific traffic where they need it and where it's most of Lumen's fiber internet connectivity business will significantly expand market reach. Collaboration with Ericsson to deploy a commercial-scale open radio access network will likely bring long term the company is facing a steady decline in linear TV subscribers and legacy services. Stiff competition in the U.S. wireless market remains a major concern. As AT&T tries to woo customers with discounts, freebies and cash credits, margin pressures tend to rise.(You can read the full research report on AT&T here >>>) Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Abbott Laboratories (ABT) : Free Stock Analysis Report AT&T Inc. (T) : Free Stock Analysis Report CocaCola Company (The) (KO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
26-05-2025
- Business
- Yahoo
Jim Cramer on AT&T (T): 'Very Much in Favor of ATT'
We recently published a list of . In this article, we are going to take a look at where AT&T Inc. (NYSE:T) stands against other stocks that Jim Cramer discusses. When a caller confessed that they got out of AT&T Inc. (NYSE:T), Cramer said: 'I came out this, came out this morning very much in favor of AT&T because of that 4% yield, but there's lots of other 4% yielders around these days.' A person in the field using their smartphone to connect to wireless communication services. AT&T (NYSE:T) provides a range of telecommunications and technology services that include wireless voice, data plans, broadband internet, cloud solutions, and managed services. It is worth noting that on April 11, Cramer said: 'So what made this list so far? Right now there's peace among the phone companies. The big price war seems to be a thing of the past. That means you can own both Verizon and AT&T. Both have good yields. Both are reporting better-than-expected earnings. They're worth owning because their businesses have very little cyclicality. So that's the paradigm, okay?' Overall, T ranks 5th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of T as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than T and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
19-05-2025
- Business
- Cision Canada
AT&T Recommends Shareholders Reject Mini-Tender Offer from TRC Capital
DALLAS, May 19, 2025 /CNW/ -- AT&T Inc. ("AT&T") has learned that TRC Capital Investment Corporation ("TRC") has made an unsolicited "mini-tender" offer, dated May 5, 2025. TRC has offered to purchase up to 4 million shares of AT&T common stock at $26.38 per share. The offer expires on June 3, 2025, unless extended by TRC. AT&T is in no way associated with TRC and recommends that shareholders reject this unsolicited offer. AT&T cautions shareholders that the offer is being made at a price below the current trading price of AT&T common stock. AT&T also cautions shareholders that TRC can extend the offer and delay payment beyond the scheduled expiration date of June 3, 2025. Mini-tender offers seek less than 5 percent of a company's outstanding shares. This lets the offering company avoid many disclosure and procedural requirements the U.S. Securities and Exchange Commission ("SEC") requires for tender offers. The SEC has issued an alert on its website regarding mini-tender offers. This alert advises that mini-tender offers "have been increasingly used to catch investors off guard" and that investors "may end up selling their securities at below-market prices." AT&T urges investors to obtain current market quotes for their shares of common stock, consult with their financial advisors and exercise caution with TRC's offer. Shareholders who already tendered their shares may withdraw them by providing the written notice described in the TRC offering documents before the expiration of the offer and at other times described in the offering. AT&T requests that a copy of this news release be included with all distributions of materials related to TRC's offer for shares of AT&T common stock. About AT&T We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at Investors can learn more at © 2025 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property.
Yahoo
19-05-2025
- Business
- Yahoo
AT&T Recommends Shareholders Reject Mini-Tender Offer from TRC Capital
DALLAS, May 19, 2025 /CNW/ -- AT&T Inc. ("AT&T") has learned that TRC Capital Investment Corporation ("TRC") has made an unsolicited "mini-tender" offer, dated May 5, 2025. TRC has offered to purchase up to 4 million shares of AT&T common stock at $26.38 per share. The offer expires on June 3, 2025, unless extended by TRC. AT&T is in no way associated with TRC and recommends that shareholders reject this unsolicited offer. AT&T cautions shareholders that the offer is being made at a price below the current trading price of AT&T common stock. AT&T also cautions shareholders that TRC can extend the offer and delay payment beyond the scheduled expiration date of June 3, 2025. Mini-tender offers seek less than 5 percent of a company's outstanding shares. This lets the offering company avoid many disclosure and procedural requirements the U.S. Securities and Exchange Commission ("SEC") requires for tender offers. The SEC has issued an alert on its website regarding mini-tender offers. This alert advises that mini-tender offers "have been increasingly used to catch investors off guard" and that investors "may end up selling their securities at below-market prices." AT&T urges investors to obtain current market quotes for their shares of common stock, consult with their financial advisors and exercise caution with TRC's offer. Shareholders who already tendered their shares may withdraw them by providing the written notice described in the TRC offering documents before the expiration of the offer and at other times described in the offering. AT&T requests that a copy of this news release be included with all distributions of materials related to TRC's offer for shares of AT&T common stock. About AT&TWe help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at Investors can learn more at © 2025 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property. View original content to download multimedia: SOURCE AT&T View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
