|Bid||60.90 x 1800|
|Ask||61.09 x 900|
|Day's Range||60.31 - 61.30|
|52 Week Range||52.28 - 61.58|
|Beta (3Y Monthly)||0.47|
|PE Ratio (TTM)||15.94|
|Earnings Date||Oct 25, 2019|
|Forward Dividend & Yield||2.46 (4.08%)|
|1y Target Est||60.96|
In recent weeks Verizon has raised a HuffPost sale with potential acquirers, according to two people familiar with the discussions. The attempt to sell the progressive news site is a sign of how Verizon is continuing to slim down the family of dotcom businesses it amassed with the costly acquisition of Yahoo and AOL, assets it wrote down by almost $5bn earlier this year.
What you need to know: Verizon 5G Ultra Wideband mobility service is live in Talking Stick Resort Arena in Phoenix, Chase Center in San Francisco and Pepsi Center in Denver;.
Verizon’s 5G Lab, which is comprised of both network and XR technologists, continues to combine 5G network and XR expertise to produce ground breaking capabilities for the edge. The Verizon team recently developed a suite of enterprise XR technologies to drive emerging mobility experiences. Demonstrations of some of these technologies will take place in the Verizon booth at Mobile World Congress Americas.
Commercial drivers are among the safest drivers on the roadways, but based on general public perception, and anti-trucking safety groups that highlight the number of yearly incidents involving big rigs, it would be difficult to tell that. According to data within the Federal Motor Carrier Safety Administration's Motor Carrier Management Information System (MCMIS), there were 164,529 large trucks involved in crashes in 2018, with 79,879 injuries and 4,708 deaths reported. In 2013, the American Trucking Associations released results of a research project conducted by the University of Michigan Transportation Research Institute.
5G is the hottest topic in telecommunications. But can carriers actually make any money from it? Moffett Nathanson raises that question in a new report.
The New England region is expected to play a big role in the race to deploy the fifth generation of wireless networks, also known as 5G, according to a U.S. Department of Commerce official.
(Bloomberg) -- If activist shareholder Elliott Management Corp. has its way, more than 30,000 AT&T Inc. workers could lose their jobs or face reductions in wages, according to a new estimate from the Communications Workers of America union.Most of the impact on workers would come from divestitures of DirecTV and AT&T’s landline business and closures of the company’s retail locations, if the company follows Elliott’s suggestions, said the CWA, which represents more than 100,000 AT&T employees.In September, billionaire Paul Singer’s New York hedge fund disclosed a new $3.2 billion position in AT&T, along with a plan to boost the telecom and media giant’s share price by more than 50% through asset sales and cost cutting. The fund hasn’t specifically called for job cuts. AT&T has said it has no plans to dispose of DirecTV, but Elliott could potentially engage in a proxy battle to push its agenda through.“If Elliott doesn’t get their way, they are going to do a proxy fight on the board, and then any or all of these things could happen,” said Christopher Shelton, president of the CWA. “We can’t leave that to chance, because that’s 30,000 jobs.”The Teamsters Union said Wednesday that it “stands in solidarity” with the CWA and its members “as they fight back against plans by a vulture capitalist hedge fund that would harm the company’s workers.” The Teamsters represent 1.4 million people.Elliott and AT&T didn’t immediately respond to requests for comment.Among the potential cuts the CWA sees:DirecTV employs about 10,000 workers represented by the CWA and the International Brotherhood of Electrical Workers whose jobs could be at risk if AT&T decides to divest the business, said Nell Geiser, assistant director of research at the CWA. Some of these jobs are at call centers, while others include technicians who do home installations and tech support.The landline business is supported by about 11,000 people whose jobs may be at risk and who work in rural areas in 26 states, the CWA estimated.Were AT&T to match Verizon Communications Inc. in the number of branded stores operated by third-party dealers, rather than by the company, it would close 970 corporate locations, the CWA said. It might close some additional corporate outlets due to geographic redundancy. In total, these moves would eliminate more than 8,500 retail sales workers, according to the CWA.If AT&T sells its operations in Puerto Rico and the Virgin Islands to Liberty Latin America Ltd. as planned, that could affect about 900 union jobs, the CWA said.The estimates don’t include workers who aren’t yet part of a union, “such as the tens of thousands at WarnerMedia,” the CWA said.These estimates should be taken with a grain of salt. In September, AT&T said DirecTV isn’t for sale, for example. Earlier this month, presidential candidate Elizabeth Warren called on AT&T to reject Elliott’s proposal as it would result in loss of jobs.(Updates with Teamsters comment in fifth paragraph.)\--With assistance from Scott Deveau and Scott Moritz.To contact the reporter on this story: Olga Kharif in Portland at firstname.lastname@example.orgTo contact the editors responsible for this story: Nick Turner at email@example.com, John J. Edwards III, Rob GolumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
We used our Zacks Stock Screener to search for companies within the broader technology sector that also pay a dividend that investors might want to buy as Q3 earnings season heats up...
T-Mobile stock is consolidating as the proposed Sprint merger’s fate remains unclear. Here is what a fundamental and technical analysis says about buying stand-alone T-Mobile sans Sprint.
Bernstein has launched coverage of the telecom, cable and satellite sector with a mostly positive outlook and bullish recommendations on several stocks. The Analyst Bernstein analyst Peter Supino initiated ...
Keysight (KEYS) rides on robust adoption driven by high demand for 5G design and test solutions along with strong pipeline for new business bookings.
Moody's Investors Service ("Moody's") assigned a Ba1 to Charter Communications, Inc.'s (Charter, Ba2 stable) new 30-year senior secured notes (maturing 2050) issued at Charter Communications Operating, LLC (CCO). Charter also upsized the recently issued 4.75% senior unsecured notes (maturing in 2030), at CCO Holdings, LLC (CCO Holdings), with a $500 million fungible add-on.
Google stock advanced on Tuesday amid the unveiling of the Pixel 4 smartphone, which takes on the new Apple iPhone 11 and Samsung devices. Meanwhile, Apple stock slipped on the news.
Verizon stock usually is a dividend play, as are the shares of its rival AT&T.; But Verizon 5G lies ahead. Here's what various analyses say about Verizon as 5G wireless comes into play.
Ericsson's (ERIC) third-quarter results are supported by commercial 5G contract wins in 19 customer networks across 15 countries, spanning four continents.
Shares of AT&T (T) have surged 31% in 2019 to easily top its industry's 8% average climb and the S&P 500's 17% jump. So will AT&T stock continue to climb after it reports its Q3 2019 earnings results?
Verizon Communications (VZ) closed at $59.59 in the latest trading session, marking a -0.57% move from the prior day.
Yahoo Finance Editor-in-Chief Andy Serwer sits down with former UN Ambassador and National Security Advisor to President Obama, Susan Rice.
OneWeb CEO Adrian Steckel explains how his company is rivaling Elon Musk's SpaceX and Jeff Bezos' Blue Origin with Yahoo Finance's Akiko Fujita on "The Ticker."