Thread regarding AT&T layoffs

State of affairs, Not good

I HAVE HEARD FOR THE PAST 10 YEARS TO BUY T STOCK On 10 year-to-date basis, AT&T has really struggled in comparison to the S&P 500 and is down 19.47% versus the S&P 500’s return of positive 0.95%. Over the trailing one year, AT&T has had continued struggles with a return of negative 18.08%, which was 30% lower than the return of the S&P 500 for the same time. Over the long term, AT&T has been one of the few stocks that have not increased over the trailing five years and is down 16.13%. This is considerably lower than the S&P 500’s total return of 65.96% for the same time.

NOW WITH THE CHEERLEADER UNION Blessed the tax cuts, The CWA and several other prominent unions sent letters to several corporations early this year asking them about their estimated gains from the new tax law and what they plan to do with those gains. They sought to get that information in order to help workers bargain to get some of the savings.

But according to the CWA's complaints, AT&T and Nexstar refused to provide information that it requested.

The CWA said that Nexstar refused to provide financial information about its bonuses and 401(k) match program because the business and the union bargain on a station-by-station basis.

The union also said that Nexstar employees it represents at several television stations did not receive the company's announced benefits.

AT&T said it has "never bargained tax policy or tax planning with the union."

I SEE THE JOKE IS ON YOU, CWA

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| 1406 views | | 9 replies (last May 17, 2018) | Reply
Post ID: @OP+TcpYgHg

9 replies (most recent on top)

So he works though out his vacation, I say this guy is AT&T material. probably not very smart, zlOL

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Post ID: @1zra+TcpYgHg

I have a question, sr sourcing manager, at data center in Hoover Alabama, works from home but when goes on vacation take all his equipment to the beach and works from beach and doesn't show vacation, Isnt that fraud?

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Post ID: @1rwa+TcpYgHg

DEBT, DEBT & DEBT , Counting your chickens before they hatch can have disastrous consequences in the T financials, markets. Global uncertainties make dividends an attractive proposition.

Focusing on companies with healthy dividends and unhealthy growth just luke AT&T could mar your financial well-being. Capital gains (whether short or long term) are equally important. Also consider the tax implications of capital gains and dividends while planning the investment strategy

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Post ID: @1jbh+TcpYgHg

Agreed that T is primarily an income stock and not a growth stock in any sense of the words. Also, I have made a bunch of money buying T around $31-$32 and then selling around $37-$38 over several cycles. I have also had some success with buying put options when the stock is around $38 or higher and waiting for the inevitable fall back down. If you are holding T for the long term based on dividend income that may be a reasonable strategy. If you are holding it for capital gains growth, you need to hire a new financial adviser.

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Post ID: @1kfq+TcpYgHg

Frankly speaking oh breaking even dividend for lost in principal, just like T, stagnant in every way

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Post ID: @1zht+TcpYgHg

I suspect many of the large institutional holders of stock would also dump it if the dividend was seriously impacted.

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Post ID: @1bwp+TcpYgHg

T is not or never will be a "Growth" stock. It is an income stock with a current dividend of 6.04%. At this level it is a good buy for income. If the dividend ever gets cut, I will sell immediately.

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Post ID: @1czb+TcpYgHg

https://finance.yahoo.com/video/t-communications-union-seeks-tax-170444393.html

Bloomberg video covering unions and tax plan disclosures

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Post ID: @1amv+TcpYgHg

https://www.cwa-union.org/news/releases/att-nexstar-hit-unfair-labor-practice-charges-over-failure-disclose-plan-for-tax

There is nothing in any existing contract that requires AT&T to disclose what they're going to do with the tax cuts. The management serves at the pleasure of the shareholders, and they'll either invest in the business, or pay off shareholders in the form of share buybacks and dividend hikes.

In an era of rising interest rates, the dividend will have to rise in tandem to preserve stock share price.

AT&T's promise of 7,000 new jobs may actually happen. It doesn't mean that the jobs in landline won't disappear. If it happens, it is otherwise 7,000 jobs that might otherwise not be around, perhaps temporary construction jobs for 5G rollout.

From landline telephone, television, telegraph, and internet protocol, people are cutting cords, and people want their stuff in two ways, land based Internet Protocol, and wireless Internet Protocol. The convergence of various technologies over a single IP conduit will definitely reduce jobs. Disruptive technologies ...

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Post ID: @1evl+TcpYgHg

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