ATandT

AT&T Shares Suffer Following Dividend Cut

AT&T (NYSE: T) shares fell 4% after announcing its dividend cut, which ultimately freed up previously tied up cash as a means of improving the company’s results, according to CEO John Stankey.  The company had previously used its free cash flow, primarily produced by its communications business, to make several acquisitions. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” …

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AT&T Reports Fourth Quarter Earnings Beat

AT&T Inc. (AT&T: T), reported positive fourth-quarter earnings Wednesday, which highlighted modest subscriber growth as well as its strong business model and hefty cash flow position. AT&T plans to continue investing in key 5G locations, fiber, and HBO Max and shift its business amid the changing market, in order to boost growth. [stock_market_widget type=”inline-label” template=”basic9″ …

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