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MarketScreener Homepage  >  Equities  >  Nyse  >  AT&T    T

AT&T

(T)
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Delayed Quote. Delayed Nyse - 02/14 04:04:19 pm
38.25 USD   -0.16%
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AT&T : CNN to Pay $76 Million to Resolve Long-Running Union-Busting Dispute

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01/10/2020 | 06:44pm EST

By Maria Armental

CNN agreed to pay $76 million in back pay to resolve a long-running dispute over whether it fired workers in what amounted to a union-busting move.

The agreement, announced Friday, is the largest monetary remedy in the history of the National Labor Relations Board, the NLRB said.

The dispute dates to 2003 when the cable news giant terminated a contract with Team Video Services, which had been providing CNN video services in Washington, D.C., and New York City. CNN then hired a series of workers to do the same work, without recognizing or bargaining with the two unions that had represented the TVS employees.

CNN is a unit of AT&T Inc.'s (T) WarnerMedia.

Write to Maria Armental at maria.armental@wsj.com

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Financials (USD)
Sales 2020 182 B
EBIT 2020 31 874 M
Net income 2020 19 375 M
Debt 2020 148 B
Yield 2020 5,46%
P/E ratio 2020 14,0x
P/E ratio 2021 12,7x
EV / Sales2020 2,34x
EV / Sales2021 2,30x
Capitalization 278 B
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 40,07  $
Last Close Price 38,25  $
Spread / Highest target 25,5%
Spread / Average Target 4,76%
Spread / Lowest Target -47,7%
EPS Revisions
Managers
NameTitle
Randall L. Stephenson Chairman & Chief Executive Officer
F. Thaddeus Arroyo CEO-Business Solutions & International
Jennifer van Buskirk Regional President-Northeast
David Christopher President-AT&T Mobility & Entertainment
John T. Stankey President & Chief Operating Officer
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