FT: DOJ demanding CNN sale to approve AT&T/Time Warner

Marcus Newton
November 9, 2017

With 168,000 avg volume, 20 days are for Vince Holding Corporation (NYSE:VNCE)'s short sellers to cover VNCE's short positions. The rating was downgraded by Argus Research on Tuesday, December 15 to "Hold". About shares traded. Cray Inc. It has underperformed by 59.70% the S&P500.

Time Warner's Turner unit reported a 6.0% year-over-year rise in sales to $2.8 billion, supported by strong subscription sales. Indexiq Advisors Llc acquired 66,261 shares as Time Warner Inc (TWX)'s stock rose 1.19%. The Keybank National Association holds 177,744 shares with $17.85M value, up from 164,087 last quarter. I can't comment on those discussions, " AT&T Inc. The stock increased 1.25% or $1.17 during the last trading session, reaching $94.46. About 1.77M shares traded. It has outperformed by 19.67% the S&P500. Twenty-four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Therefore 19% are positive. Deutsche Lufthansa AG had 10 analyst reports since August 4, 2015 according to SRatingsIntel.

TWX has been the topic of a number of other reports. The stock of Deutsche Lufthansa AG (ADR) (OTCMKTS:DLAKY) earned "Buy" rating by Societe Generale on Wednesday, February 8. As per Friday, August 21, the company rating was downgraded by Goldman Sachs. The company operates in the Consumer Cyclical sector with a market capitalization of 74.67 Million.

Investors sentiment increased to 0.85 in Q2 2017. Its up 0.10, from 0.75 in 2017Q1. Fragasso Gp Inc accumulated 0.39% or 12,820 shares. Vanguard Gp Inc holds 0% or 857,522 shares. Ferguson Wellman Capital Mgmt Incorporated stated it has 332,892 shares or 1.25% of all its holdings. Parsons Ri has 14,773 shares for 0.18% of their portfolio. Alyeska Grp Incorporated Lp has invested 0.56% in Apache Corporation (NYSE:APA). 1,521 are held by Meeder Asset Management Incorporated. It also reduced Spdr Series Trust (CWB) stake by 471,952 shares and now owns 2.07 million shares. Shares in Time Warner fell 7%, compared with the $107.50 offer price; AT&T shares were little changed. Barrington Research also issued estimates for Time Warner's Q2 2018 earnings at $1.36 EPS, Q3 2018 earnings at $1.90 EPS, Q4 2018 earnings at $1.50 EPS and FY2019 earnings at $7.05 EPS. Therefore 32% are positive.

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For now, the future of the AT&T and Time Warner deal looks increasingly uncertain. KeyCorp reiterated a hold rating on shares of Time Warner in a report on Tuesday, October 17th.

The deal dates back to October 2016, when both companies appeared confident that regulators would let the sale of Time Warner's assets go through without objection under a then-likely first term Hillary Clinton administration. The company was downgraded on Thursday, February 9 by Drexel Hamilton. As per Monday, October 24, the company rating was downgraded by Macquarie Research. Berenberg initiated the shares of DLAKY in report on Friday, November 11 with "Hold" rating. The rating was maintained by Jefferies with "Hold" on Thursday, September 7.

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