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TheStreet.com
Patience Is Required If You’re Going to Trade AT&T: Here’s the Play
On Wednesday morning, AT&T , or “Telephone” as traders once referred to the company in the way they once referred to McDonald’s as “Burgers”, released the firm’s fourth quarter financial results. For the three-month period ended December 31st, AT&T posted GAAP EPS of a loss of $3.20. A total of $3.81 per share worth of adjustments were made, primarily ($3.57) for impairments, abandonments, and restructuring.
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