|Bid||0.00 x 800|
|Ask||0.00 x 1400|
|Day's Range||59.17 - 61.58|
|52 Week Range||46.09 - 61.58|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||7.60|
|Earnings Date||Jan 22, 2019|
|Forward Dividend & Yield||2.41 (4.00%)|
|1y Target Est||58.29|
The Nasdaq got smacked with its biggest single-session loss in more than three weeks and nearly faced a test of the psychologically important 7000 level.
T-Mobile (TMUS), the United States’ third-largest wireless service provider, has been continuously investing in capex to improve its network. In the third quarter, T-Mobile spent $1.3 billion on cash capex excluding capitalized interest, which was down from $1.5 billion in the second quarter and from $1.4 billion in the third quarter of 2017.
Now let’s take a look at T-Mobile’s (TMUS) prepaid customer net addition trend over the last few quarters. As per the company, the significant YoY (year-over-year) fall was due to higher competitive activity in the marketplace, which was partially offset by fewer migrations to postpaid plans. T-Mobile’s number of prepaid customers grew ~2.4% YoY to reach 21.0 million by the end of September.
According to data compiled by Reuters, as of November 14, 47% of the total 30 analysts covering Verizon (VZ) stock have given it a “buy” rating. Meanwhile, 53% of analysts gave it a “hold.” None of the analysts gave it a “sell” rating.
Once completed in 2021, The Hub on Causeway, a joint venture development of Boston Properties (BXP) and Delaware North, will create a live-work-innovate ecosystem unmatched in the city. Verizon’s presence will include 16 floors of innovatively designed space, of which five floors will be reserved for incubators, accelerators and partners. Powered by next-generation Verizon network services, experiential amenities at The Hub on Causeway will feature a variety of entertainment and food options, including a large live music venue, a sports bar, a food hall, a full service grocery store and a 15-screen cinema available for private events.
Verizon and the City of Boston today signed updated agreements to accelerate Boston’s plan to be one of the most technologically advanced cities in the nation. Building on the relationship formed in 2016, Verizon will expand its local wireless network, bring Fios Internet and TV to the city’s remaining neighborhoods not covered in the original franchise agreement, and collaborate with Boston on Smart Communities solutions.
Dow component Verizon has rallied strongly in recent weeks despite broad headwinds, entering a historic test at 1999's all-time high.
Nokia (NOK) has recently signed 5G-related (fifth-generation) contracts worth ~$2.3 billion with China Mobile (CHL), China Unicom (CHU), and China Telecom. The contracts call for Nokia to supply equipment and provide services to help these operators improve their network speed, capacity, and reliability as they prepare for the rollout of 5G services. For China Mobile in particular, the latest contract marks an expansion of its relationship with Nokia.
Verizon’s (VZ) closing price on November 14 was $58.94 per share. Based on that closing price, Verizon has a market capitalization of ~$242.4 billion, the largest among all the major US mobile operators. The stock is trading 33.6% above its 52-week low of $44.11 per share and 0.8% below its 52-week high of $59.40 per share.
Verizon is kicking off the biggest shopping day of the year with amazing offers on popular smartphones and incredible deals all weekend long on the latest tablets, smartwatches and the holiday’s hottest tech – the new Palm. A gift is only as good as the network it’s on, and Verizon has everything you need for everyone on your list. Starting online Thursday and in-stores Black Friday, get $400 off the best Android phones on the market – Google Pixel 3, Pixel 3 XL, Samsung Galaxy S9, Galaxy S9+, Galaxy Note 9 and LG V40 – without having to trade in your current phone.
As of November 14, Verizon’s (VZ) market capitalization was $242.4 billion, making it the largest US wireless carrier in terms of market capitalization. In comparison, Sprint (S) had a market capitalization of $25.3 billion, AT&T’s (T) market capitalization was $220.7 billion, and T-Mobile’s (TMUS) market capitalization was $57.8 billion.
Can Apple Survive Its Stagnating iPhone Unit Sales? Apple (AAPL) was mostly quiet about its progress in the streaming music market when it hosted a conference call to discuss its fiscal 2018 fourth-quarter results earlier this month. The last time Apple made a major disclosure about Apple Music subscriptions was in May, when CEO Tim Cook said in an interview with Bloomberg TV that the service had drawn more than 50 million listeners, including over 40 million paying subscribers.
Verizon Communications (VZ) closed at $60.62 in the latest trading session, marking a +0.68% move from the prior day.
The selling began early and intensified throughout the day as investors sold nearly everything in sight. Of course, there were a few stocks and sectors that avoided the damage, like Coca-Cola , Verizon and Pfizer , but they were lonely greenshoots in a sea of red. Tech stocks led the bleeding as they have since August, and the headlines were ugly.
Despite Twitter (TWTR) losing 9.0 million subscribers in the third quarter, the company’s advertising revenue continued to rise during the period. It was the same case in the second quarter when despite losing 1.0 million subscribers, Twitter reported a double-digit increase in advertising revenue during the period. Twitter’s advertising revenue rose 29% year-over-year to $650 million in the third quarter, representing continued recovery in the business after a year of declining sales.
U.S. stock futures are trading slightly lower as traders return to their trading turrets for a holiday-shortened week. The slack in demand is causing the inventory of the company’s Pascal-GPU-based graphics cards to pile up.
Verizon today announced it will donate an additional $150,000 in cash grants for the communities impacted by California’s devastating fires, adding to its $100,000 grant commitment previously pledged. Verizon engineers and fiber crews have been working around the clock in both northern and southern California to ensure network restoration and communications stations with equipment such as Internet-connected laptops, phones and cell phone charging have been set up at seven evacuation shelters in the impacted areas.
Verizon (VZ), the largest wireless service provider in the United States, has been consistently focusing on improving its network to add more subscribers, as the subscriber base determines the performance of a mobile operator. During the third quarter, the company gained 419,000 total retail subscribers compared to 295,000 net additions in the second quarter. Verizon reported a net increase of 515,000 retail postpaid connections in the third quarter. ...
Verizon (VZ) is managing the challenges of the pay-TV market by focusing on its Fios Internet offering in the wireline component. In the third quarter, Verizon added 54,000 Fios Internet customers as compared to 66,000 net additions in the year-ago quarter. However, the net gains in Fios Internet connections were partially offset by 52,000 net declines in high-speed Internet connections. As a result, total net broadband connections for Verizon increased by 2,000 in the third quarter.
Verizon (VZ) integrates Vidder's advanced technology within its SDP service to enable organizations to protect application infrastructure against cyber threats.