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AT&T Might Not Get $20 Billion For DirecTV – Seeking Alpha

AT&T is unlikely to get a private equity bid for DirecTV at $20 billion. The market may not even welcome such a low price for a business originally having a transaction value of $67 billion.

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News reports are suggesting that AT&T (T) might sell its DirecTV unit for up to $20 billion. The wireless and media company paid $49 billion for the company back in 2015, but investors shouldn’t be assured that a private equity buyer will pay such a large sum for a declining business. My investment thesis is that AT&T continues to lose relevance, and any ability to focus the business is a positive, but the price tag for DirecTV isn’t necessarily value-creating.
Image Source: AT&T we…

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Stocks making the biggest moves in the premarket: Coca-Cola, Tesla, Align Technology, Whirlpool & more – CNBC

The stocks making the biggest moves in premarket trading include Coca-Cola, Tesla, Align Technology, Whirlpool, and more.

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Take a look at some of the biggest movers in the premarket:
Coca-Cola (KO) Coca-Cola beat estimates by 9 cents a share, with quarterly earnings of 55 cents per share. Revenue topped forecasts as well. The partial reopening of theaters and restaurants helped the company’s results, and an organic sales decline of 6% was an improvement over the prior quarter’s drop of 26%. The shares added 2.9% in premarket trading as of 7:35 a.m. ET.
Dow Inc. (DOW) The chemical maker reported quarterly earnings of…

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AT&T stock gains after adjusted profit matched expectations, but revenue beat – MarketWatch

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Shares of AT&T Inc.
T,
-0.14%
rose 1.5% in premarket trading Thursday, after the telecommunications and media giant reported a third-quarter adjusted profit that matched expectations, while revenue fell less than forecasts. Net income fell to $2.76 billion, or 39 cents a share, from $3.70 billion, or 50 cents a share, in the year-ago period. The FactSet consensus for net earnings per share was 51 cents. Excluding non-recurring items, adjusted EPS of 76 cents matched the FactSet consensus. Total…

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Target fights off Amazon in early Black Friday battle – Yahoo Finance

So far, so good over at Target to kick off the holiday shopping season.

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Markets have shown two themes in recent weeks, a combination of uncertainty and an upward trend. Day to day, its impossible to predict just what will happen, but the larger scale movement has been upwards. Looking ahead, all we know is that current events will reinforce the uncertainty.Earnings season has started. As the markets publicly traded companies report their Q3 results, well get a clearer idea as the nature of the economic recovery. Q1 was a disaster, the second quarter was better than…

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