|Bid||37.10 x 800|
|Ask||37.54 x 800|
|Day's Range||37.03 - 38.22|
|52 Week Range||32.55 - 42.70|
|PE Ratio (TTM)||17.88|
|Forward Dividend & Yield||2.00 (5.37%)|
|1y Target Est||N/A|
Verizon Communications Inc (VZ.N) on Tuesday reported quarterly revenue that exceeded analyst estimates as it added phone subscribers, and the company's chief executive said it was not currently considering a large media acquisition. Analysts have wondered whether Verizon, the No. 1 U.S. wireless carrier, will buy a media company as its rival AT&T Inc (T.N) tries to close on an $85.4 billion acquisition of Time Warner Inc (TWX.N). The U.S. Department of Justice sued to block that deal late last year.
As more details have emerged about a former USA Gymnastics team doctor’s decades of sexual abuse of more than 100 young, female athletes, gold medal gymnast Aly Raisman has pointed her finger at the organization ...
According to the Wall Street Journal, Verizon (VZ) has inked a new five-year streaming deal with the National Football League for more than $2.0 billion. Under this deal, Verizon would extend the rights to stream NFL games to mobile devices across all mobile carriers. Verizon previously offered exclusive access to mobile streaming of NFL games.
U.S. stock futures are mixed this morning. President Donald Trump is scheduled to speak at the forum on Friday. At last check, Dow Jones Industrial Average futures are up 0.01%, S&P 500 futures are down 0.07% and Nasdaq-100 futures have added 0.06%.
Twenty-First Century Fox’s (FOXA) (or Fox’s) plan to return capital to its shareholders through a share buyback strategy slowed down in fiscal 2017. In the first quarter of fiscal 2018, Fox skipped its repurchase plan. From the graph above, we can see how Fox has returned capital in the form of share buybacks to its shareholders in the last five years.
Now let’s take a look at two important components of Sprint’s (S) wireless revenue. The larger component is the company’s wireless service revenue, and the smaller component is its wireless equipment revenue. The declining trend in the wireless segment’s service revenue is expected to continue during fiscal 3Q17 (quarter ending December 2017).
To land a deal in China, know your counterpart personally, segment the Chinese market and mind the regulators, experts caution.
The judge hearing the Justice Department's lawsuit to stop AT&T from buying Time Warner ordered the department on Monday to seek permission to give the two companies access to rivals' pricing data. Judge Richard Leon, living up to a pledge made during a hearing last week, ordered the Justice Department, which has the data, to ask the companies that gave it to the government for consent to pass it on to AT&T and Time Warner's legal team. The Justice Department sued in November to stop AT&T, the No. 2 U.S. wireless company, from buying Time Warner for $85 billion because of concerns that it could raise prices for rivals and pay-TV subscribers as well as hamper the development of online video.
The judge hearing the Justice Department's lawsuit to stop AT&T (T.N) from buying Time Warner (TWX.N) ordered the department on Monday to seek permission to give the two companies access to rivals' pricing data. Judge Richard Leon, living up to a pledge made during a hearing last week, ordered the Justice Department, which has the data, to ask the companies that gave it to the government for consent to pass it on to AT&T and Time Warner's legal team. The Justice Department sued in November to stop AT&T, the No. 2 U.S. wireless company, from buying Time Warner for $85 billion because of concerns that it could raise prices for rivals and pay-TV subscribers as well as hamper the development of online video.
Montana will sign contracts only with internet service providers that honour "net neutrality" firms, Governor Steve Bullock said on Monday, the latest effort by a state to undermine a Federal Communications Commission order rolling back rules introduced in 2015. Bullock signed an executive order requiring state contract recipients to adhere to so-called net neutrality, which barred internet service providers from blocking or throttling traffic or offering paid fast lanes, also known as paid prioritisation. The Republican-majority FCC voted in December along party lines to reverse the 2015 rules.
The S&P 500 Telecommunications Services sector was down more than 7% since Trump's inauguration as of Friday's market close.
For internet radio and streaming music provider Pandora (NYSE:P) that position has meant plenty of big-time p stock price declines and heartbreak for its investors. Pandora stock is now sitting at all-time lows.
In the earlier part of this series, we learned about Sprint’s (S) anticipated prepaid customer net additions in fiscal 3Q17. Now let’s take a look at Sprint’s customer retention metric, the churn rate. Wall Street analysts expect Sprint’s postpaid phone churn rate to increase in fiscal 3Q17 mainly due to the growing competition in the postpaid space as well as strong promotional offers from competitors.
As the media, advertising, and tech worlds convened at CES and NATPE, the focus for so many is on the best pathway forward in an increasingly complex business environment. So what is it? According to Jane Fonda, "constantly taking leaps of faith." What are those leaps? Read on.
Jan.23 -- Amir Rozwadowski, Barclays equity research analyst, discusses Verizon's tax-cut boost and the telecom regulatory backdrop with Bloomberg's Vonnie Quinn and Shery Ahn on "Bloomberg Markets."