AT&T Inc may take a charge estimated at $1.1 billion
related to DirecTV's Venezuela assets in what is the latest U.S. company to
confront the South American country's currency woes. The plunging value of
Venezuela's currency cut nearly $3 billion in profit at U.S. blue-chip
companies during the second quarter and prompted Procter & Gamble Co to
remove its operations in the South American country from its consolidated
financial reports. More… 
Wednesday, September 30, 2015
AT&T may take $1.1 billion charge on DirecTV's Venezuela assets
AT&T Inc may take a charge estimated at $1.1 billion
related to DirecTV's Venezuela assets in what is the latest U.S. company to
confront the South American country's currency woes. The plunging value of
Venezuela's currency cut nearly $3 billion in profit at U.S. blue-chip
companies during the second quarter and prompted Procter & Gamble Co to
remove its operations in the South American country from its consolidated
financial reports. More… 
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