- Editor's PickNicole Sinclair•14 hours ago
Ciena (CIEN), the optical telecom equipment maker, saw its revenue drop from $1.6 billion in 2001 to $361 million in 2002, an 80% decline. “You’re seeing big-build out basically skipping out the terrestrial, fixed line evolution that the rest of the industrial world has gone into,” Smith said.
- Barrons.com•7 hours ago
Unlike many utility and consumer-staples stocks, which have been bid up by investors looking for yield, telecom stocks for the most part trade at relatively low valuations. Shares of Verizon Communications (VZ), for example, have returned 26% in the past 12 months, and AT&T (T) has returned more than 32%. “The common theme for all of these companies is that growth is challenged,” says Simon Flannery, a telecom analyst at Morgan Stanley.
- Reuters•14 hours ago
Yahoo's disclosure that hackers stole user data from at least 500 million accounts in 2014 has highlighted shortcomings in U.S. rules on when cyber attacks must be revealed and their enforcement. The Yahoo hack could become a test case of the SEC's guidelines, said Jacob Olcott, former Senate Commerce Committee counsel who helped develop them, due to the size of the breach, intense public scrutiny and uncertainty over the timing of Yahoo's discovery.
Verizon Communications Inc. (VZ)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||51.95 x 300|
|Ask||52.04 x 500|
|Day's Range||51.96 - 52.57|
|52wk Range||43.24 - 56.95|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||14.68|
|Avg Vol (3m)||12,559,829|
|Dividend & Yield||2.31 (4.43%)|