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The history of AT&T dates back to the invention of the telephone. The Bell Telephone Company was established in 1877 by Alexander Graham Bell, who obtained the first US patent for the telephone, and his father-in-law, Gardiner Greene Hubbard. Bell and Hubbard also established American Telephone and Telegraph Company in 1885, which acquired the ...
1973–1974 stock market crash. The 1973–1974 stock market crash caused a bear market between January 1973 and December 1974. Affecting all the major stock markets in the world, particularly the United Kingdom, [1] it was one of the worst stock market downturns since the Great Depression, the other being the financial crisis of 2007–2008. [2]
The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 58 times since its inception, on May 26, 1896. [ 1 ] As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own ...
Historically, AT&T was known to be a dividend growth stock and it may be waiting for the right time to announce an increase and to start that cycle again. Many telecom stocks often raise their ...
The current AT&T Inc. claims the original AT&T Corporation's history (dating to 1877) as its own, [41] but retains SBC's pre-2005 corporate structure and stock price history. As well, all SEC filings before 2005 are under SBC, not AT&T. AT&T made an attempt in 2011 to purchase T-Mobile for a $39 billion stock and cash offer. [42]
AT&T Basking Ridge "Pagoda" campus renditions for office complex, 1972 AT&T 550 Madison Ave building no longer corporate headquarters after 1992 (pictured 2021) In 1978, AT&T commissioned a new building at 550 Madison Avenue. This new AT&T Building was designed by Philip Johnson and quickly became an icon of the new Postmodern architectural ...
The September 11 attacks caused global stock markets to drop sharply. The attacks themselves caused approximately $40 billion in insurance losses, making it one of the largest insured events ever. Stock market downturn of 2002: 9 Oct 2002: Downturn in stock prices during 2002 in stock exchanges across the United States, Canada, Asia, and Europe.
8 The Dow first exceeded 1,000 during the trading day on Tuesday, January 18, 1966, but dropped back before closing that day. It would take almost seven years before it finally closed above 1,000 for the first time on Tuesday, November 14, 1972. 9 This was the Dow's close at the peak on January 11, 1973 before the 1973–74 stock market crash.