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Ladenburg Thalmann Initiates Coverage On Atmos Energy With Buy Rating, Announces Price Target of $144
Atmos Energy Analyst Ratings
'The Line For A Frontier Communications Topping Bid Looks Open; Verizon's Deal Is Not Necessarily A Lock' - Axios Pro
DTE Energy Analyst Ratings
Futu Morning News | Fed officials' dovish tone: Economic data support multiple rate cuts; Tesla's two-day cumulative increase of 9%! FSD is expected to be launched in China and Europe next year.
On the eve of the release of the key employment report in the USA, the ADP non-farm payrolls reached the lowest level since January 2021, while initial claims remain stable. Yellen: The labor market in the USA is still robust and continues to create employment opportunities. The Federal Reserve should not delay any longer! Economists at Morgan Stanley have changed their stance: there must be a major move in September.
USA's telecommunications industry is undergoing a $20 billion merger! Verizon intends to acquire Frontier in cash.
US telecommunications company Verizon announced that it will acquire fiber optic network provider Frontier Communications for $20 billion in cash in order to expand its user base and strengthen its fiber optic network layout to better compete with rivals AT&T and T-Mobile. This acquisition will increase Verizon's fiber optic user base from 7.4 million to 9.6 million after the merger, covering 25 million locations, while AT&T has 28 million. Analysts believe that this acquisition will have limited help for Verizon, and Verizon still has a long way to go to achieve large-scale coverage through its fiber optic network.