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

Time Warner Inc. (TWX) Shares Sold by Beach Point Capital Management LP

AT&T announced its intention to buy Time Warner, which owns HBO, CNN and Warner Bros. Needham upgraded it to "Buy" rating and $25.0 target in Wednesday, November 9 report.

More notable recent Apache Corporation (NYSE:APA) news were published by: Seekingalpha.com which released: "Apache Corp.: Better Than It Sounds" on October 17, 2017, also Seekingalpha.com with their article: "Apache Corporation's (APA) CEO John Christmann on Q3 2017 Results - Earnings ..." published on November 03, 2017, Fool.com published: "What to Expect When Apache Corporation Reports Q3 Earnings" on October 31, 2017. On Thursday, June 15 Averill Howard M bought $25,416 worth of Time Warner Inc (NYSE:TWX) or 255 shares. Royal Bank Of Canada reported 0.07% in Time Warner Inc (NYSE:TWX).

Keybank National Association increased Time Warner Inc (TWX) stake by 8.32% reported in 2017Q2 SEC filing. Wedbush lifted their price objective on Time Warner from $82.00 to $88.00 and gave the stock an "outperform" rating in a report on Friday, July 29th. "Based on the CNN reporting, that's understandable".

Among 26 analysts covering Apache Corporation (NYSE:APA), 5 have Buy rating, 5 Sell and 16 Hold. The company presently has an average rating of Hold and a consensus price target of $104.74. Time Warner Inc now has $73.55 billion valuation. Corporate insiders own 0.16% of the company's stock. Time Warner had a return on equity of 18.57% and a net margin of 13.59%. The business earned $7.20 billion during the quarter, compared to the consensus estimate of $6.92 billion.

Apple Outbids Netflix for Aniston-Witherspoon Show on Morning TV
Friends star Jennifer Aniston has made the leap back into the TV world with producing partner Reese Witherspoon . The two memorable appeared together on Friends when Witherspoon guest starred in two 2000 episodes.

Trump was quoted criticizing the DOJ several times last week. "(TWX) Stock Rating Reaffirmed by Cowen and Company" was posted by Week Herald and is the property of of Week Herald. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of USA and global copyright & trademark law. Jefferies maintained Time Warner Inc (NYSE:TWX) rating on Thursday, August 4.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. The ex-dividend date of this dividend was Friday, October 6th. This represents a $1.61 annualized dividend and a dividend yield of 1.76%. Time Warner's dividend payout ratio is presently 30.73%. According to their observations and findings, the stock could provide a high EPS of $1.75/share and a low EPS of $1.36/share.

The potential merger has elicited intense opposition from consumer groups and anti-corporate activists, who fear most of the country's creative outfits, broadcasting platforms, and distribution networks are consolidating into sprawling, omnipotent conglomerates. OMERS ADMINISTRATION Corp raised its position in shares of Time Warner by 131.1% during the 1st quarter.

Analysts have given a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Institutional investors own 79.11% of the company's stock. Moreover, Paradigm Capital Management Inc Ny has 1.64% invested in the company for 990,900 shares. Or sell off DIRECTV and keep the cable networks.

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