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AT&T Falls Short on Cash Flow, Beats Subscribers’ Target

AT&T released its earnings report for the first quarter on Thursday, reporting a lower-than-expected cash flow of $1 billion for the period. Wall Street analysts expected a free cash flow of $3.02 billion. While the company stated that it remains on track to achieving its...

AT&T Shares Have a 20-Year Slide After Adjusted Annual Free Cash Flow Forecast

American telecommunications company AT&T saw its shares slide down as much as 11% on Thursday. The drop, which sent AT&T stock as low as $18.35, was the biggest slide the company has seen since 2002. The reason for AT&T shares being on a downward trajectory...