|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||51.38 - 53.30|
|52-week range||42.80 - 53.69|
|PE ratio (TTM)||13.22|
|Earnings date||23 Jan 2018|
|Forward dividend & yield||2.36 (4.56%)|
|1y target est||52.82|
Amazon, Verizon and a possibly reunited CBS-Viacom are all in active talks to acquire Lionsgate, according to a Deadline report Thursday.
Bank of America is losing its second global head of technology, media and telecom investment banking in less than a year.
HuffPost editor Lydia Polgreen said the news organization was ending the contributor platform, which was an outlet for aspiring writers, journalists and a host of celebrities, including Oprah, Jennifer ...
Customers within the existing 609 and 856 area codes should begin preparing for the new 640 area code and 10-digit dialing. The new 640 area code will overlay and serve the same geographic region as the existing 609 area code. Beginning on January 20, 2018, customers with the 609 area code should start dialing 10 digits (area code + seven digits) for local calls to 609 or 856 telephone numbers. Customers with the 856 area code should also start dialing 10 digits (area code + seven digits) for local calls to 609 telephone numbers.
Although most of the major telecom stocks lost value last week, the sector was witness to a number of important events.
Among the companies with shares expected to trade actively in Thursday's session are Morgan Stanley, Alcoa, Verizon, La Quinta Holdings, Wal-Mart Stores, Amazon.com and Alphabet.
Now we’ll take a look at Verizon’s (VZ) spending on capex (capital expenditure). In order to improve its network and acquire additional spectrum for future use, the mobile carrier has been investing largely in capex. Wall Street analysts expect Verizon’s spending on capex to reach ~$5.5 billion in 4Q17.
Nomura Instinet downgrades Comcast to neutral from buy, saying the media giant is facing several challenges.
Strong portfolio of wireless spectrums with 4G LTE network, 5G network trials, booming digital media suite and unlimited data plans are likely to drive Verizon's (VZ) prospects.
Lately, 5G (fifth-generation) technology is generating some buzz in the media and telecommunications industry. The 5G network has the potential to significantly reduce latency, boost download and upload speeds, and improve network reliability. According to research by Statista, 5G wireless subscriptions are projected to reach 545 million by 2022.
Verizon Communications said it expects to book a nearly $17 billion gain in its fourth-quarter profit due to the new tax law.
Verizon has struck a deal with the NBA that extends its relationship with the league beyond streaming games and into content creation as well as augmented-reality fan experiences.
Verizon Communications Inc (VZ.N) said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion. The reduction will increase earnings for the fourth quarter and year ending Dec. 31, 2017, but will not have any impact on the 2017 statement of cash flows, Verizon said in a filing. Verizon estimates that the impact of the law to earnings per share for the year ended Dec. 31 is about $4.10.
Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion. The reduction will increase earnings for the fourth quarter and year ending Dec. 31, 2017, but will not have any impact on the 2017 statement of cash flows, Verizon said in a filing. Verizon estimates that the impact of the law to earnings per share for the year ended Dec. 31 is about $4.10.
Now let’s take a look at Verizon’s (VZ) customer retention metric, or its churn rate. Wall Street analysts anticipate Verizon’s postpaid phone churn rate to rise in 4Q17 mainly due to growing competition in the postpaid market and strong promotional offers from competitors. Earlier in 3Q17, Verizon reported a postpaid phone churn rate of 0.75%, the tenth consecutive quarter in which it had a postpaid phone churn rate of less than 0.90%.
Despite high-profile announcements, few large US companies plan to use tax savings to boost investment or raise workers' pay, a CNBC survey found.
In the previous article, we discussed a few of the pay-TV market trends affecting Verizon (VZ). Verizon is managing the secular challenges of the pay-TV market by concentrating on its Internet offering in FiOS. It would be interesting to know more about Verizon’s FiOS Internet net customer additions in 4Q17, as the company has continued to face strong competition from cable companies.
AT&T, Apple and Amazon were among U.S. companies that added the most debt in 2017, says S&P Dow Jones Indices.
NEW YORK, Jan. 17, 2018 (GLOBE NEWSWIRE) -- Verizon and the National Basketball Association (NBA) today announced an innovative, multi-year partnership that will deliver one of the most comprehensive video streaming offerings of NBA content – from live out-of-market games via NBA League Pass to highlights, fantasy basketball, original programming and more – on Yahoo Sports, Yahoo Fantasy and across Verizon’s family of media brands.
Verizon Communications Inc. is adding to its sports streaming with an expanded National Basketball Association deal that includes eight live games free for any mobile phone user and a discount on League ...