On Tuesday, Shares of AT&T, Inc. (NYSE:T), lost -0.70% to $35.52.
AT&T Inc., has extended the termination date of the agreement to acquire DirecTV.
The short extension will allow it to obtain the final regulatory approval it needs to close the deal, which it anticipates will close shortly, AT&T (NYSE: T) stated in a document filed with the Securities and Exchange Commission on Monday, according to American City Business Journals.
AT&T initially declared plans to acquire DirecTV (Nasdaq: DTV) in a deal worth $48.5 billion in May. Since then, it has undergone hearings and regulatory reviews that aim to determine whether or not the deal could be harmful to the market.
If the deal closes, as many analysts expect, it will create a pay television company with about 26 million subscribers. American City Business Journals Reports.
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
Shares of Morgan Stanley (NYSE:MS), inclined 1.25% to $38.79, during its last trading session.
Morgan Stanley, declared that it does not intend to issue any additional notes in five series of outstanding exchange-traded notes. These exchange-traded notes, which will continue to trade on the NYSE Arca, are listed below:
- Morgan Stanley Cushing® MLP High Income Index ETNs due March 21, 2031 (NYSE Arca:MLPY);
- Market Vectors - Double Long Euro ETNs due April 30, 2020 (NYSE Arca:URR);
- Market Vectors - Double Short Euro ETNs due April 30, 2020 (NYSE Arca:DRR);
- Market Vectors-Chinese Renminbi/USD ETNs due March 31, 2020 (NYSE Arca:CNY); and
- Market Vectors-Indian Rupee/USD ETNs due March 31, 2020 (NYSE Arca:INR).
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company’s Institutional Securities segment offers financial advisory services on mergers and acquisitions, divestitures, joint ventures, corporate restructurings, recapitalizations, spin-offs, exchange offers, leveraged buyouts, takeover defenses, and shareholder relations, in addition to provides capital raising and corporate lending services.
Finally, Genworth Financial, Inc. (NYSE:GNW), ended its last trade with -0.66% loss, and closed at $7.57.
Genworth Financial, is a leading Fortune 500 insurance holding company committed to assisting families become more financially secure. Genworth will once again take its #LetsTalk Tour on the road. The tour’s first stop is at Aspen Ideas Festival, where the company will unveil the next generation of its Genworth R70i Aging Experience, alongside caregiver and actress Angela Bassett.
The Genworth #LetsTalk Tour will educate families and assist them to prepare for and manage issues related to aging. Technology plays a dominant role in connecting and educating multiple generations. With that in mind, Genworth partnered with Applied Minds, LLC, a company that provides advanced technology and creative design services, to develop the state-of-the-art next generation Genworth R70i Aging Experience. The R70i Aging Experience is designed for all Americans in order to assist enhance empathy, spark a national conversation about aging issues, and dispel the myths around long term care. For example, it is often incorrectly assumed that Medicare and other supplemental insurance policies will take care of an aging person’s needs in addition to protect their hard-earned assets.
Genworth Financial, Inc. provides insurance, retirement, and homeownership solutions in the United States and internationally. It operates through U.S. Life Insurance, International Mortgage Insurance, U.S. Mortgage Insurance, International Protection, and Runoff segments.
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