CNBC; Getty Images AT&T is not considering a split with its DirecTV unit right now, people familiar with the situation tell CNBC’s David Faber. The company is focusing on a variety of other options to improve its business in the wake of a new activist campaign at the telecom giant. A Wall Street Journal report
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Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on Wednesday, July 31, 2019. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Chairman Jerome Powell shut down the notion that the Fed would use negative rates as a tool
Lacy O’Toole | CNBC Berkshire Hathaway‘s executive Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett’s business model. Cool, who joined Berkshire in 2009 as Buffett’s financial assistant, said she’s building an investment vehicle that acquires companies “too small for Berkshire,” The Wall Street Journal reported.
Getty Images Here are the biggest calls on Wall Street on Wednesday: Guggenheim raised its price target on Roku to $170 from $119 Guggenheim raised its price target on the stock and called Roku an “industry-leading” streaming video platform. “As the company expands its international offering and numerous new streaming video services launch with global
Robert Bakish, chief executive officer of Viacom International Media Networks, speaks during a Bloomberg Television interview at the Mobile World Congress in Barcelona, Spain, on Tuesday, March 3, 2015. The event, which generates several hundred million euros in revenue for the city of Barcelona each year, also means the world for a week turns its