Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.11 | +0.17 | +0.20 | +0.20 | +0.20 | +0.20 | +0.20 | +0.20 | +0.20 | +0.20 | +0.20 | +0.20 |
Steady recovery with telecom re-consolidation (SBC-AT&T, Verizon-MCI), broadband and wireless subscriber growth, and a healthy ad market. Comfortably positive.
How this mood is scored ▾
SBC Communications agreed to acquire AT&T for $16 billion in a stock and dividend transaction, combining the former parent and subsidiary to form a major telecommunications entity. The deal unites SBC's local and wireless strength with AT&T's long-distance and global networks, aiming to enhance competitiveness against rivals like Verizon. Pending regulatory and shareholder approval, the merger is expected to close by mid-2006, with the combined entity headquartered in San Antonio.
Verizon Communications is acquiring MCI for $6.7 billion in stock and cash, surpassing a rival bid from Qwest and assuming $4 billion in debt. The deal strengthens Verizon’s national enterprise presence and broadband strategy, while sidelining Qwest. Regulatory and shareholder approvals are pending, with expected annual pre-tax savings of $1 billion.