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AT&T, Sprint and Verizon Pummeled in Heavy Trading: Telecom Winners & Losers

2015-08-25 03:27:10| Telecom - Topix.net

"Goldman Sachs downgraded telecom stocks in mid-June, Investor's Business Daily reported Monday, "though it said that the sector's 4.9% dividend yield, the highest in the S&P 500, remained attractive." Telecom giant AT&T, which is headquartered in Dallas and employs 250,000 workers, saw its shares lose 3.03% of their value Monday, closing at $32.37 amid heavy trading volume of 75 million shares.

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Category:Telecommunications

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