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AT&T Posts Q4 Loss; But Results Beat Estimates


AT&T Posts Q4 Loss; But Results Beat Estimates
DALLAS (dpa-AFX) - AT&T Inc. (T) Wednesday reported a loss for its fourth-quarter compared to a profit in the prior year, due to non-cash asset impairments and impact of lower revenue. Quarterly revenues declined 2.4 percent, hurt by the COVID-19 pandemic across all segments.
Both quarterly adjusted earnings per share and revenue beat analysts expectations.
In Wednesday pre-market trade, T was trading at $29.07, down $0.64 or 2.15 percent.
Looking ahead for 2021, the company expects adjusted earnings per share to be stable with 2020, consolidated revenue growth in the 1 percent range.
The company expects operating results and cash flows to continue to be adversely impacted by COVID-19 for the duration of the pandemic. ....

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Omni Bridgeway now services Latin America


Omni Bridgeway now services Latin America
Jan 27, 2021 10:19 AM ET
Legal Newswire POWERED BY LAW.COM
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NEW YORK, 27 January 2021: Making litigation finance solutions available around the world is a cornerstone of Omni Bridgeway’s business. Over 30+ years, the company has expanded its coverage to provide financing solutions on an increasingly widespread basis. In many regions of the world, including Australia, Canada and Asia, it has been one of the first funders to enter the market. Today, the company is delighted to announce its expansion to yet another region with the formation of the Omni Bridgeway Latin America Group. ....

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