|Bid||49.480 x 900|
|Ask||49.490 x 500|
|Day's Range||49.240 - 50.100|
|52 Week Range||42.800 - 54.770|
|PE Ratio (TTM)||6.73|
|Forward Dividend & Yield||2.36 (4.85%)|
|1y Target Est||N/A|
earlier this month, and said, "Aggressive traders and traders who want to be defensive could consider going long VZ on strength above $49.50 risking below $46." With the rally in VZ Tuesday I will assume that some regular readers of Kamich's Korner went long. In this daily bar chart of VZ, below, we can see that prices made a small base pattern the past eight weeks and ended the pattern with a small gap to the upside Tuesday. The On-Balance-Volume (OBV) line is interesting in that it did not decline during the selloff in February and March.
If our security measures are breached, our products and services may be perceived as not being secure, users and customers may curtail or stop using our products and services, and we may incur significant legal and financial exposure. Security breaches expose us to a risk of loss of this information, litigation, remediation costs, increased costs for security measures, loss of revenue, damage to our reputation, and potential liability. ... Security breaches or unauthorized access have resulted in and may in the future result in a combination of significant legal and financial exposure, increased remediation and other costs, damage to our reputation and a loss of confidence in the security of our products, services and networks that could have an adverse effect on our business.
Now we’ll take a look at Charter’s (CHTR) capital expenditures (or capex). The company has been continuously spending in order to improve its network. Wall Street analysts expect Charter’s spending on capital expenditures to reach ~$1.5 billion in 1Q18.
Here are some things going on today in the world of tech: On tap for earnings this afternoon is another great rush of companies, after the closing bell: Advanced Micro Devices (AMD), AT&T (T), Citrix Systems (CTXS), eBay (EBAY), F5 Networks (FFIV), Facebook (FB), PayPal Holdings (PYPL), Qualcomm (QCOM), ServiceNow (NOW), and Xilinx (XLNX). Shares of Twitter (TWTR) are up 73 cents, or 2.4%, at $31.23, having given up some gains following its better-than-expected Q1 revenue and earnings report this morning, but also a somewhat muted forecast for this year’s revenue outlook. Brian Wieser of Pivotal Research Group, who has a Sell rating on the stock, calls it a “spectacular report,” but then shrugs his shoulders.
UBS raises its rating to buy from neutral for Verizon Communications shares, citing its low valuation versus the market. "With a rational pricing environment (amid rising investment) and slowing headwinds from … unlimited migrations, we believe recent wireless momentum is set to continue," the firm's analyst writes. Verizon's VZ stock will thrive as competitive pressures in the wireless carrier market decline, according to one Wall Street firm.
Now we’ll take a look at Charter’s (CHTR) performance in terms of broadband customer net additions in 1Q18. The cable industry’s market share of US broadband customers is expected to increase in 1Q18. Charter and Comcast (CMCSA) are expected to gain the most broadband customers in 1Q18, given the superior speeds.
Shares of Verizon Communications Inc. are up 0.7% in premarket trading Wednesday after the stock was upgraded to buy from hold at SunTrust Robinson Humphrey. "We believe fundamentals are stabilizing, ...
Smartwatches and connected cars helped Verizon Communications Inc. defend its wireless-customer base as the carrier lays the groundwork for next-generation service at the end of the year. The company added 359,000 connections for devices like Apple Inc. and Samsung Electronics Co. smartwatches in the first quarter. The No. 1 U.S. cellphone carrier by subscribers still lost 24,000 postpaid phone connections in the quarter, adding pressure to its overall customer count.