49.75 -0.38 (-0.76%)
Pre-market: 8:57AM EDT
|Bid||49.71 x 1900|
|Ask||49.80 x 400|
|Day's range||49.24 - 50.16|
|52-week range||42.80 - 54.77|
|PE ratio (TTM)||6.81|
|Earnings date||24 Jul 2018|
|Forward dividend & yield||2.36 (4.85%)|
|1y target est||55.88|
The performance of a mobile carrier’s network determines its customer base, and Verizon (VZ) has been making efforts to improve its network in order to keep customers. The largest wireless network provider in the US, Verizon added significantly to its postpaid customers in 1Q18. Verizon lost prepaid customers.
Technical indicators help us predict a stock trend’s direction. Technical indicators hold significant value for investors and traders. The two most frequently used technical indicators are moving averages and relative strength index (or RSI) scores.
AT&T Inc.’s quarterly revenue declined as growth in the company’s streaming video service wasn’t enough to offset losses of more profitable wireless and satellite accounts.
AT&T Inc. and Time Warner Inc. may need each other more than ever. Shares of AT&T fell as much as 4.5 percent in early trading on Thursday. Time Warner also reported results, revealing its own challenges: Operating income declined, dragged down in part by the high cost of programming -- a problem that a deep-pocketed buyer may be able to help with.
Verizon Communications (VZ) started 2018 with a bang and delivered better-than-expected first-quarter results yesterday. The company exceeded Wall Street expectations for both earnings and revenue, which drove the stock higher. It closed the day up 2.08%.
Verizon published its Q1 2018 results on Tuesday, beating market expectations on revenues and profits, driven by a better than expected performance of its wireless business.
If our security measures are breached, our products and services may be perceived as not being secure, users and customers may curtail or stop using our products and services, and we may incur significant legal and financial exposure. Security breaches expose us to a risk of loss of this information, litigation, remediation costs, increased costs for security measures, loss of revenue, damage to our reputation, and potential liability. ... Security breaches or unauthorized access have resulted in and may in the future result in a combination of significant legal and financial exposure, increased remediation and other costs, damage to our reputation and a loss of confidence in the security of our products, services and networks that could have an adverse effect on our business.
Now we’ll take a look at Charter’s (CHTR) capital expenditures (or capex). The company has been continuously spending in order to improve its network. Wall Street analysts expect Charter’s spending on capital expenditures to reach ~$1.5 billion in 1Q18.
Here are some things going on today in the world of tech: On tap for earnings this afternoon is another great rush of companies, after the closing bell: Advanced Micro Devices (AMD), AT&T (T), Citrix Systems (CTXS), eBay (EBAY), F5 Networks (FFIV), Facebook (FB), PayPal Holdings (PYPL), Qualcomm (QCOM), ServiceNow (NOW), and Xilinx (XLNX). Shares of Twitter (TWTR) are up 73 cents, or 2.4%, at $31.23, having given up some gains following its better-than-expected Q1 revenue and earnings report this morning, but also a somewhat muted forecast for this year’s revenue outlook. Brian Wieser of Pivotal Research Group, who has a Sell rating on the stock, calls it a “spectacular report,” but then shrugs his shoulders.
UBS raises its rating to buy from neutral for Verizon Communications shares, citing its low valuation versus the market.
Now we’ll take a look at Charter’s (CHTR) performance in terms of broadband customer net additions in 1Q18. The cable industry’s market share of US broadband customers is expected to increase in 1Q18. Charter and Comcast (CMCSA) are expected to gain the most broadband customers in 1Q18, given the superior speeds.
Shares of Verizon Communications Inc. are up 0.7% in premarket trading Wednesday after the stock was upgraded to buy from hold at SunTrust Robinson Humphrey. "We believe fundamentals are stabilizing, ...
Smartwatches and connected cars helped Verizon Communications Inc. defend its wireless-customer base as the carrier lays the groundwork for next-generation service at the end of the year.
Yahoo’s response to a 2014 hack of hundreds of millions of user accounts drew a $35 million fine from regulators, the first time a public company has been penalized over its handling of a cybersecurity ...
WASHINGTON (AP) — The company formerly known as Yahoo is paying a $35 million fine to resolve federal regulators' charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history.
Verizon played up its 5G wireless strategy on its first quarter earnings call Tuesday and signaled that it's ready to move beyond the five test markets for residential broadband services to homes.
WASHINGTON—Yahoo Inc.’s response to a 2014 hack of hundreds of millions of user accounts drew a $35 million fine from regulators, the first time a public company has been penalized over its handling of a cybersecurity breach. The Securities and Exchange Commission said Tuesday that Altaba Inc., formerly Yahoo, failed to properly investigate the breach and consider whether it should be disclosed to shareholders. The SEC said the company knew within days of the breach that Russian hackers had obtained usernames, phone numbers, birth dates, encrypted passwords, and security questions and answers for at least hundreds of millions of users, and perhaps billions.
The big story in the outlook for Verizon Communications (VZ) is not the one that people were talking about this morning, the slight improvement in its service revenue, but rather what 5G wireless networks mean for the company, according to a note from Craig Moffett of the eponymous Moffett-Nathanson boutique research firm. Verizon’s financials, he writes, are “getting gradually better,” and most would judge the report to be “solid." “But mere solidity is not a strategy,” he cautions. Moffett, who rates the stock at Buy, thinks that Verizon is being much more ambitious than anyone else in U.S. telecom with its approach to building out fixed wireless connections to homes and businesses with 5G, and may even have gotten “ahead of its skis." It’s good to be ambitious, but Verizon’s ambitions in 5G are well ahead of the rest of the industry’s, particularly in fixed wireless broadband (FWBB).
Corporate America is well on its way to what could be a record-breaking profit season, and investors don't really care. Despite earnings growth of more than 18 percent, the market is little changed since the season has accelerated.
Verizon lost 24,000 phone subscribers who pay a monthly bill, while analysts expected it to lose 69,000 subscribers, according to financial and data analytics firm FactSet. Speaking on the post-earnings conference call, Verizon Chief Financial Officer Matthew Ellis said the company was not interested at this time in acquiring broadcast or cable networks, but continued to look at "over-the-top" options, or cheaper streaming video packages with fewer channels. Verizon was a bidder for Twenty-First Century Fox Inc assets, which Walt Disney Co is trying to buy for $52.4 billion.
WASHINGTON/SAN FRANCISCO (Reuters) - U.S. regulators fined Altaba Inc, the company formerly known as Yahoo! Inc, $35 million on Tuesday to settle charges that kept its massive 2014 cyber security breach a secret from investors for more than two years. The Securities and Exchange Commission's case marks the first time it has gone after a company for failing to disclose a cyber security breach. Yahoo's information security team learned just days after the December 2014 breach that Russian hackers had stolen the company's "crown jewels," including email addresses, encrypted passwords and security questions, the SEC said in a statement.