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AT&T Faces Confidence Drain as FCC Probe Opens
Washington AP report notes the FCC investigation into AT&T finances raises fear of mass loss of investor confidence. John Moller of Merrill Lynch warns returns on AT&T stock may be lower than other equities and urges earnings growth and dividends to match peers amid a sweeping rate and earnings probe.
MENTIONED IN THIS ARTICLE
Washington
American Telephose & Telegraph Co
Federal Communications Commission
John Moller
At&t
Merrill, Lynch, Pierce, Fenner & Smith
Moller
Commission