26.06 0.00 (0.00%)
After hours: 4:17PM EST
|Bid||25.75 x 1400|
|Ask||26.15 x 1100|
|Day's range||25.99 - 26.78|
|52-week range||15.15 - 31.78|
|Beta (3Y monthly)||0.93|
|PE ratio (TTM)||50.41|
|Earnings date||19 Feb 2020 - 24 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||34.38|
The Zacks Analyst Blog Highlights: Sprint, ADTRAN, Arista Networks, Altice USA and Viavi Solutions
Altice's (ATUS) third-quarter results reflect growth in residential and business services revenues due to increased investments in networks, products and customer experience.
Diligent execution of operational plans and healthy performance across the segments help Motorola (MSI) to beat third-quarter 2019 earnings estimates.
ADTRAN's (ADTN) third-quarter results reflect a pause in shipments to a Tier 1 customer in Latin America and slowdown in spending by a Tier 1 customer in Europe.
Viavi's (VIAV) fiscal first-quarter results reflect benefits from its resilient business growth model, strong customer demand and operational efficiency.
Corning's (GLW) third-quarter results benefit from ongoing actions to reduce operating costs, align capacity to demand in Display Technologies, and speed up capital projects in Optical Communications.
The strategic alliance combines Corning's (GLW) wireless connectivity portfolio and Intel's cutting-edge technologies to boost the availability of 5G in buildings.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Altice's (ATUS) new nationwide mobile service will likely deliver superior connectivity and simplify customer experiences, at an unbeatable value.
Verizon (VZ) and AT&T (T) are deploying divergent TV service strategies, while Qualcomm (QCOM) inks a new licensing deal with LG Electronics.
The strategic deal will offer Optimum and Suddenlink users of Altice (ATUS) an immediate complimentary access to CuriosityStream content.
Today we will run through one way of estimating the intrinsic value of Altice USA, Inc. (NYSE:ATUS) by estimating the...
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors...
Altice USA (ATUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Altice USA (ATUS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
Altice USA, Inc. (NYSE:ATUS) saw a double-digit share price rise of over 10% in the past couple of months on the NYSE...
(Bloomberg) -- Dish Network Corp. is in talks to pay at least $6 billion for assets that T-Mobile US Inc. and Sprint Corp. are unloading to win regulatory approval for their merger, according to people familiar with the matter.Dish could announce a deal as soon as this week for assets including wireless spectrum and Sprint’s Boost Mobile brand, said the people, who asked to not be identified because the matter isn’t public. The deal hasn’t been finalized and talks could still fall through, said the people.The potential divestitures are aimed at appeasing the Justice Department, which wants T-Mobile and Sprint to sell enough assets to ensure that the U.S. maintains at least four viable wireless players.Representative for Dish and the Justice Department declined to comment. Representatives for T-Mobile and Sprint didn’t respond to requests for comment.Dish rose 1.9% to $39.74 at 1:16 p.m. in New York trading, giving the Englewood, Colorado-based company a market value of about $18.6 billion. Sprint gained about 2.3% while T-Mobile rose 1.3%.T-Mobile agreed to buy Sprint in April 2018 for $26.5 billion, betting that together the carriers can build a next-generation wireless network to better compete with industry leaders Verizon Communications Inc. and AT&T Inc.Dish, co-founded by billionaire Charlie Ergen, had been on a shortlist of bidders for T-Mobile and Sprint assets favored by the Justice Department, people familiar with the matter said this month. Charter Communications Inc. and Altice USA Inc. were also on the list.T-Mobile and Sprint have already promised to sell Boost to get approval from the Federal Communications Commission. They also have to win over the Justice Department, which is concerned about the merger reducing the number of major U.S. wireless carriers to three.The companies are negotiating with the Justice Department after nine states and the District of Columbia sued to block the deal last week on antitrust grounds.(Updates companies’ share prices in fifth paragraph; adds background in seventh.)To contact the reporters on this story: David McLaughlin in Washington at email@example.com;Scott Moritz in New York at firstname.lastname@example.org;Nabila Ahmed in New York at email@example.comTo contact the editors responsible for this story: Elizabeth Fournier at firstname.lastname@example.org, ;Sara Forden at email@example.com, ;Nick Turner at firstname.lastname@example.org, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.