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DOJ, AT&T Head To Court As Settlement Talks Collapse

It looks like AT&T is going to fight the Department of Justice's injunction to stop the wireless provider from acquiring Time Warner in court, now that settlement talks between the two parties have failed, according to a court document filed Friday that was obtained by Reuters. Last month, the DOJ revealed that it planned to […]


Watch Live: AT&T, Time Warner Respond To DOJ Anti-Trust Lawsuit

Update (5:40 pm ET): In a statement, AT&T CEO Randall Stephenson vowed to fight the DOJ's lawsuit. He said AT&T's challenge is about preserving the rule of law against an overreaching DOJ anti-trust division. He also said that, while he doesn't know for sure if the opposition is political in nature, he's not surprised that […]


DOJ Sues AT&T To Block Time Warner Deal

Update (5:20 pm ET): According to Bloomberg, a Justice Dept official says the govt’s lawsuit to block AT&T’s planned $85.4b purchase of Time Warner wasn’t influenced by President Trump or anyone else in the White House. * * * Update (4:50 pm ET): Court documents have confirmed that the DOJ is suing to block the […]


AT&T Shocked By DOJ’s Imminent Merger-Blocking Lawsuit

Update (4:20 pm ET): David R. McAtee II, Senior Executive Vice President and General Counsel at AT&T, has released a statement responding to reports DOJ plans to sue to block its purchase of Time Warner. In the statement, McAtee says he's "confident" the courts will side with AT&T.. "Today's DOJ lawsuit is a radical and […]


The Most Important Charts For Wine Lovers

Via StockBoardAsset.com, While everyone continues to focus on stocks, a much larger, far more important situation is fermenting for wine lovers: global wine production crashes to 50-year low. New data from the International Organization of Vine and Wine (OIV) indicates total world output is projected to hit 246.7 million hectoliters in 2017– an 8% drop compared […]


Pay-TV Companies Tank As Subscriber Losses Surge To Record Highs In 2017

As the broader markets casually melt-up to new record highs with each passing day, one small corner of the equity market is in full on meltdown mode: cable and satellite pay-tv providers.  Down anywhere from 3-10% on the week, investors in this space seem to be finally admitting that record subscriber losses, quarter after quarter, […]