|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||48.22 - 48.78|
|52 Week Range||42.80 - 54.77|
|PE Ratio (TTM)||6.60|
|Forward Dividend & Yield||2.36 (4.89%)|
|1y Target Est||N/A|
The $76 billion Alibaba stake owned by the rump of Yahoo could finally be unwound. Recent corporate tax cuts may end up being the catalyst to close one of the hedge-fund industry’s highest-profile trades....
Telecommunications company Frontier (FTR) is continuously investing in capital expenditures (or capex) to improve its network. In 4Q17, Frontier spent approximately $0.31 billion on capital expenditures, up from $0.30 billion in 4Q16. The telecom company has been spending a great deal to improve its network potential, extend Internet access availability, and make speed upgrades.
Telecommunications company Frontier (FTR) believes that video service will act as a growth driver in the near future and that it is still profitable for the telecom company in the linear bundle. The carrier expects that its procurement of Verizon’s (VZ) California, Texas, and Florida (or CTF) wireline business would improve its video service proposition. Furthermore, the company had acquired AT&T’s (T) Connecticut wireline market in October 2014, thereby adding more video customers.
The London-based activist investor TCI has called on the company containing the legacy assets of Yahoo to wind down and sell off its $76bn holding in China’s Alibaba , effectively bringing down the curtain ...
The London-based activist investor TCI has called on the company containing the legacy assets of Yahoo to wind down and sell off its $76bn holding in China’s Alibaba, effectively bringing down the curtain ...
Intel (INTC) demonstrated its 5G efforts at Mobile World Congress 2018. The company is also trialing VR (virtual reality) and AI (artificial intelligence), and a glimpse of this was visible at the PyeongChang 2018 Olympic Winter Games. Intel is now preparing for the next Olympics, which are set to take place in Japan (EWJ).
A proposed settlement between Yahoo Inc. and shareholders aggrieved by the company’s data breach more than four years ago raises the pressure on boards to tighten oversight of corporate cybersecurity.
As Verizon Wireless phases out of its brick-and-mortar Albuquerque call center and transition into having its employees working from home by May 2019, a similar movement is happening at six other Verizon call centers. Last month, Albuquerque Business First broke the news that the Albuquerque call center, which Verizon invested $30 million into in 2006, would close next spring. Verizon said no layoffs would take place of the "about 1,000" employees who would be given the option to work from home.
Verizon Wireless will be changing the structure of its workforce in Huntsville in the near future. While the call centers will be shuttered, Verizon is keeping much of its workforce, moving them to a work from home model. Kate Jay, a spokeswoman with Verizon, said in Huntsville, nearly 700 customer service positions will transition to their Home Based Agent model.
Telecommunications company Frontier (FTR) reported a net loss of $1.0 billion in 4Q17, but that loss included gains from recent US tax reforms. Based on the revised tax structure, US firms will now be taxed at 21% instead of the previous 35%. The reduction in the tax rate will benefit firms that have invested overseas due to higher tax rates in the US.
AMF Pensionsforsakring is a Swedish entity jointly owned by a workers union and a confederation of businesses. AMF produces amusing commercials (including unicorns) that bring home the point of retirement. In fact, it made outsized purchases of larger U.S.-traded securities, including Nike (NKE), Starbucks (SBUX), Ford Motor (F), Verizon Communications (VZ) and Intel (INTC).
Verizon Communications Inc. is shutting down call centers in Hilliard and six other cities over the coming year, offering employees the chance to work from home instead. About 500 of the telecommunication company's 2,400 Central Ohio employees will be affected as the Hilliard center closes by the end of November, a spokesman said in response to questions from Columbus Business First. Verizon won't know if there's net job loss or gain in the region until those decisions are made, Steve Van Dinter, spokesman for the Great Lakes region, said via email.
Comcast (CMCSA) and Twenty-First Century Fox (FOX) (FOXA) have put in competing proposals to take over Sky, a European pay-TV group. Fox already owns 39% of Sky, and it is looking to buy the rest of the group for 18.5 billion sterling pounds, or 10.75 pounds per share.