VZ - Verizon Communications Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
57.64
+0.01 (+0.02%)
As of 12:55PM EDT. Market open.
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Previous Close57.63
Open57.82
Bid57.67 x 1000
Ask57.68 x 1000
Day's Range57.16 - 57.99
52 Week Range47.52 - 61.58
Volume5,697,444
Avg. Volume13,696,670
Market Cap238.382B
Beta (3Y Monthly)0.47
PE Ratio (TTM)14.89
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.41 (4.43%)
Ex-Dividend Date2019-07-09
1y Target EstN/A
Trade prices are not sourced from all markets
  • LG's V50 ThinQ 5G comes to Verizon on June 20th
    Engadget26 minutes ago

    LG's V50 ThinQ 5G comes to Verizon on June 20th

    It's still slim pickings for 5G smartphones in the US, but your choices arewidening ever so slightly

  • Apple (AAPL) Likely to Launch 5G-Supported iPhones in 2020
    Zacks3 hours ago

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    Apple (AAPL) is expected to launch 5G-supported iPhones in 2020, much later than other prominent smartphone manufacturers like Samsung, LG, Huawei and Motorola.

  • Has Verizon Communications (VZ) Outpaced Other Computer and Technology Stocks This Year?
    Zacks3 hours ago

    Has Verizon Communications (VZ) Outpaced Other Computer and Technology Stocks This Year?

    Is (VZ) Outperforming Other Computer and Technology Stocks This Year?

  • Financial Times5 hours ago

    Ethical investing has reached a tipping point

    , or a security that raises funds for sustainable business. You might have thought this exercise would incur some cost for Verizon’s treasurers, given that green finance has traditionally been a cumbersome endeavour. Verizon’s $1bn green bond attracted such frenzied investor demand that it was eight times oversubscribed, making it the most popular security Verizon has ever sold.

  • MoneyShow7 hours ago

    A 6-Stock "What, Me Worry" Portfolio

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  • Senator Rubio targets Huawei over patents
    Reuters19 hours ago

    Senator Rubio targets Huawei over patents

    U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc pay $1 billion to license the rights to patented technology. Under the amendment - seen by Reuters - companies on certain U.S. government watch lists, which would include Huawei, would not be allowed to seek relief under U.S. law with respect to U.S. patents, including bringing legal action over patent infringement. On June 12, a person briefed on the matter said Huawei had told Verizon that it should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion.

  • U.S. Senator Rubio targets Huawei over patents
    Reuters19 hours ago

    U.S. Senator Rubio targets Huawei over patents

    U.S. Senator Marco Rubio filed legislation on Monday that would prevent Huawei Technologies Co Ltd from seeking damages in U.S. patent courts, after the Chinese firm demanded that Verizon Communications Inc pay $1 billion to license the rights to patented technology. Under the amendment - seen by Reuters - companies on certain U.S. government watch lists, which would include Huawei, would not be allowed to seek relief under U.S. law with respect to U.S. patents, including bringing legal action over patent infringement. On June 12, a person briefed on the matter said Huawei had told Verizon that it should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion.

  • Verizon Communications (VZ) Stock Sinks As Market Gains: What You Should Know
    Zacks19 hours ago

    Verizon Communications (VZ) Stock Sinks As Market Gains: What You Should Know

    Verizon Communications (VZ) closed at $57.63 in the latest trading session, marking a -1.12% move from the prior day.

  • Is AT&T Stock A Buy Right Now? Here's What Earnings, Chart Show
    Investor's Business Daily20 hours ago

    Is AT&T Stock A Buy Right Now? Here's What Earnings, Chart Show

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  • States to File Antitrust Suit to Block T-Mobile-Sprint Deal
    Bloomberg7 days ago

    States to File Antitrust Suit to Block T-Mobile-Sprint Deal

    (Bloomberg) -- A group of states sued to block T-Mobile US Inc.’s proposed takeover of Sprint Corp. on antitrust grounds, putting pressure on the Justice Department as it nears a final decision on the merger of the two wireless carriers.State attorneys general from nine states and the District of Columbia filed the lawsuit Tuesday in federal court in New York to stop a deal they say will harm competition and raise prices for consumers by at least $4.5 billion a year.“When it comes to corporate power, bigger isn’t always better,” New York Attorney General Letitia James said in a statement. “This is exactly the sort of consumer-harming, job-killing mega-merger our antitrust laws were designed to prevent.”The states’ challenge is a major setback to T-Mobile’s and Sprint’s plan to combine and take on industry leaders AT&T Inc. and Verizon Communications Inc. Last month, the carriers cleared a key hurdle when they won support for their deal from the chairman of the Federal Communications Commission.The all-Democratic attorneys general are taking the rare step of suing to block the $26.5 billion deal while the Justice Department is still reviewing the merger. State enforcers have the authority to go to court to block a merger even if federal officials at the Justice Department and the FCC approve it. Sprint shares dropped 6.4% at 12:15 p.m. in New York trading. T-Mobile fell 1.7%.The spread between T-Mobile’s offer price and Sprint shares is the widest since May 17. It’s a sign that investors are more doubtful that a deal will get done.Sprint and T-Mobile representatives didn’t immediately respond to a request for comment.The case, which was filed under seal, puts pressure on Makan Delrahim, the head of the Justice Department’s antitrust division. He can either side with the states, which say the merger should be blocked, or negotiate a remedy that would allow the deal to proceed. Delrahim doesn’t think a settlement with the FCC goes far enough to resolve competition problems from the deal and is in talks with the companies about additional concessions.What Bloomberg Intelligence Says:T-Mobile getting its proposed $27 billion acquisition of Sprint past regulatory hurdles is no done deal, though the companies have some defenses that stand a chance. The Department of Justice has expressed interest in the competitive potential of 5G technology and a strong competitor to AT&T and Verizon in that area. The outcome depends to a great extent on whether the evidence supports T-Mobile’s assertions about future market dynamics and 5G competition.\--Jennifer Rie, litigation analystClick here to view the pieceThe state attorneys general say that combining T-Mobile and Sprint would eliminate competition between them and lead to higher prices. And in a more consolidated market, AT&T and Verizon would also be able to charge more.“Although T-Mobile and Sprint may be promising faster, better, and cheaper service with this merger, the evidence weighs against it,” said California’s Attorney General Xavier Becerra. “This merger would hurt the most vulnerable Californians and result in a compressed market with fewer choices and higher prices.”In the retail mobile wireless market, not including enterprise accounts, T-Mobile and Sprint would lead AT&T and Verizon in market share, according to the states. In some areas of the country, their market share would be more than 50%, they said. Harm from the tie-up will disproportionately fall on lower-income consumers who are customers of Sprint and T-Mobile’s pre-paid brands, Boost and Metro, they say.Deal InvestigationAccording to people familiar with their thinking, state officials don’t know whether the Justice Department will ultimately approve the deal. They are taking action because after investigating the merger for about a year they determined it violated antitrust laws and they don’t see any reason to wait for the Justice Department to make a decision, the people said.The states’ investigation, led by the chief of New York’s antitrust bureau, Beau Buffier, relied on technical and economic experts, according to one of the people. Their economists are Carl Shapiro of the University of California at Berkeley and Yale University’s Fiona Scott Morton, the person said.The case comes more than a year after T-Mobile and Sprint announced the deal to combine, claiming together they could better compete with Verizon and AT&T while speeding deployment of the next generation of wireless technology known as 5G. Although a previous attempt to merge was frustrated by the Obama administration, T-Mobile and Sprint were betting on a more receptive audience from the Trump officials.The tie-up’s fate now rests with a federal judge, who must decide whether it should be blocked on antitrust grounds. The companies could still reach a settlement before the case goes to trial.If the carriers are stopped from completing the deal, they would be left to their own to compete in a maturing wireless market while financing expensive investments in developing their own 5G networks.‘Supercharge’ T-MobileSprint’s challenges are bigger. Despite becoming profitable last year after a decade of losses, it warned the FCC that without a deal it sees “no obvious path to solve key business challenges.”T-Mobile Chief Executive Office John Legere took the lead on Capitol Hill -- and on social media -- advocating for the deal. He said the transaction would “supercharge” his company, which he made a maverick competitor in the market. The centerpiece of his case was that combining with Sprint would help the U.S. lead in 5G technology, a priority for the Trump administration.That argument was dismissed by opponents of the deal, including consumer groups and the Communications Workers of America, which said the merger would reduce choice, lead to higher wireless bills and cause job losses.Getting a deal with T-Mobile was a long-held plan of Masayoshi Son, the chairman of SoftBank Group Corp., which owns Sprint. In 2014, he came to Washington vowing a price war if he was able to acquire T-Mobile and personally lobbied U.S. officials about a potential tie-up. If the deal goes through, T-Mobile owner Deutsche Telekom will end up with a 42% ownership stake while SoftBank will own 27%.(Updates with statement from James in third paragraph.)\--With assistance from Scott Moritz.To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Erik Larson in New York at elarson4@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Joe Schneider, David GlovinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Verizon Augments NBA Network Capabilities With Fiber Optics
    Zacksyesterday

    Verizon Augments NBA Network Capabilities With Fiber Optics

    The improved bandwidth connectivity through Verizon's (VZ) fiber-optic network will offer high-resolution video to fans across the world to relive the key moments of the match without compromising on finer details.

  • Adobe Systems (ADBE) to Report Q2 Earnings: What's in Store?
    Zacksyesterday

    Adobe Systems (ADBE) to Report Q2 Earnings: What's in Store?

    Adobe Systems' (ADBE) fiscal second-quarter results are likely to be driven by strength in Creative Cloud and innovation.

  • Verizon's fiber network connects NBA arenas for 1080p broadcasts
    Engadget4 days ago

    Verizon's fiber network connects NBA arenas for 1080p broadcasts

    Verizon (Engadget's parent company) plans to connect all NBA arenas to a high-speed fiber network for better HD broadcast support. When the network is up and running in the second half of 2020, the league will be able to broadcast games from every team in 1080p resolution, and the system will support up to 30 cameras in each arena.

  • Reuters4 days ago

    UPDATE 1-U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week -source

    The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on Friday. Earlier this week, Dish Network Corp executives met with the Justice Department's antitrust chief Makan Delrahim and Federal Communications Commission Chairman Ajit Pai as part of the government's review of the deal, which could dramatically reshape the U.S. wireless market.

  • Best ETFs to Invest in 5G Theme
    Zacks4 days ago

    Best ETFs to Invest in 5G Theme

    5G technology will be a game changer; here are the stocks and ETFs that will benefit most

  • Amazon, Apple, Google and Facebook are 'sith lords who started benign': Galloway
    Yahoo Finance4 days ago

    Amazon, Apple, Google and Facebook are 'sith lords who started benign': Galloway

    Why everybody wins if the U.S. government succeeds in breaking up the big four tech companies — Amazon, Apple, Google and Facebook.

  • Bloomberg4 days ago

    Huawei Has 56,492 Patents and It's Not Afraid to Use Them

    (Bloomberg) -- As Huawei Technologies Co. comes under unrelenting pressure from the Trump administration, the Chinese telecom giant has one advantage that the U.S. can’t undermine: a vast, global portfolio of patents on critical technology.Huawei holds 56,492 active patents on telecommunications, networking and other high-tech inventions worldwide, according to Anaqua’s AcclaimIP. And it’s stepping up pursuit of royalties and licensing fees as its access to American markets and suppliers is being restricted.The company is in protracted licensing talks with phone-services provider Verizon Communications Inc. and is in a dispute with chipmaker Qualcomm Inc. over the value of patents. Huawei also lodged claims against Harris Corp. after the defense contractor sued it last year alleging infringement of patents for networking and cloud security.“Patents are, at their basic level, weapons of economic warfare,” said Brad Hulbert, a patent lawyer with McDonnell Boehnen Hulbert & Berghoff in Chicago. “They’re being hurt by the sanctions that the Trump Administration imposed and saying ‘You have hurt us and our ability to sell, and we can hurt back.’ It’s saber-rattling.”Broader national security concerns also hang over this technology battle. In some circles Huawei’s outsized role as a supplier to next generation, or 5G networks makes it a potential threat either as an espionage agent or network disruption tool. Huawei has not only become a flashpoint in the middle of a 5G arms race, it’s also one of several companies targeted in President Donald Trump’s ongoing trade dispute with China.Trump signed an order in May that’s expected to restrict Huawei from selling equipment in the U.S. Shortly after, the Department of Commerce said it had put Huawei on a blacklist that could forbid it from doing business with American companies.For its part, the Asian nation sees Huawei as a potent symbol of its evolution from the world’s factory to a technology powerhouse, while the U.S. claims the tech company steals inventions from American firms.“Huawei has invested a lot of money and they want to be recognized,” said Jim McGregor, a Mesa, Arizona-based technology analyst with Tirias Research. “Huawei is just playing out standard business practices for the wireless industry.”Patent disputes are common in the tech industry, and the coming revolution predicted by advances in “5G” wireless technology promises to bring even more. Traditional players like Ericsson AB and Nokia Oyj are ramping up efforts to get more money from their patents. Qualcomm is appealing a ruling in a lawsuit by the U.S. Federal Trade Commission that threatens the licensing program that accounts for the bulk of its profits. Huawei and Samsung Electronics Co. ended a two-year royalty fight in February.Qualcomm and Huawei are seen as two of the biggest players developing 5G that could bring not only faster speeds but bring new capabilities including remote surgery via robots and self-driving cars that talk to each other. The global ban on Huawei equipment promoted by Trump has roiled telecom companies worldwide. It’s a reminder, McGregor said, that 5G relies on both the U.S. and China.“Huawei, over the past couple of years, has really ramped up its efforts in not only patents but in the standard bodies, particularly in wireless technology,” McGregor said. “They can say ‘whether you’re using our equipment or Ericsson’s equipment, you’re using our inventions. You still have to take a license.’”The Chinese government and companies have been investing billions in high-tech research, and have the patents to show for it. Last year alone, Huawei received 1,680 U.S. patents, making it the 16th biggest recipient, figures by Fairview Research’s IFI Patent Claims Services show. Huawei’s total portfolio of active patents and published applications is 102,911, according to Anaqua, an intellectual property-management software firm.Royalty demands against cell-phone carrier Verizon by Huawei, reported Wednesday by the Wall Street Journal, could be become part of the political battle, said Peter Toren, a Washington-based patent lawyer who consults with other firms and companies on licensing and litigation.“Given Huawei’s position and the pressure they are feeling, they have nothing to lose at this point than to go after American companies in the patent arena,” Toren said. “They get poked in one area and they’re going to stick back in another to show there are consequences for this continued pressure.“I don’t see how the government can stop them,” he said. “They have ownership in the patents.”Verizon, while declining to comment on specific talks, sees the negotiations as more than just a typical patent-licensing discussion.“These issues are larger than just Verizon,” the company said in a statement. “Given the broader geopolitical context, any issue involving Huawei has implications for our entire industry and also raise national and international concerns.”Officials with Huawei had no immediate comment.McGregor said it makes sense for Huawei to demand royalties from Verizon because it’s the largest cell-phone carrier in the U.S. Verizon claims it’s the first to offer speedy new 5G services for mobile phones, though it’s only available in a limited area.“If they don’t go to them within a reasonable amount of time and at least try to enforce those patents, those patents become unenforceable,” McGregor said. “You have to pick a starting point. It’s better to pick one of the major players and it makes sense to pick one of those who’s rolling out that technology.”\--With assistance from Ian King and Scott Moritz.To contact the reporter on this story: Susan Decker in Washington at sdecker1@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 3 Top Dividend Stocks to Buy in June
    Motley Fool4 days ago

    3 Top Dividend Stocks to Buy in June

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  • Explainer: Why is Huawei seeking $1 billion patent deal with Verizon?
    Reuters4 days ago

    Explainer: Why is Huawei seeking $1 billion patent deal with Verizon?

    Huawei is demanding Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company's strategy for the U.S. market. The Wall Street Journal first reported on the letter on Wednesday. The fee would cover licensing of more than 230 patents.

  • 5 ways 5G will improve business in Orlando
    American City Business Journals5 days ago

    5 ways 5G will improve business in Orlando

    By 2035, faster connectivity will enable $12.3 trillion of global economic output and support 22 million jobs worldwide.

  • Retail's magic mirrors, high-tech customer service will help change the industry
    American City Business Journals5 days ago

    Retail's magic mirrors, high-tech customer service will help change the industry

    Companies will save money with their retail supply and warehouse departments communicating instantly with one another, thanks to 5G connectivity.

  • Why the media is blaming Google and Facebook for its decline
    Yahoo Finance5 days ago

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  • Yahoo! U: What causes inflation?
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  • Verizon's Smart Locator, AT&T cancels Fold preorders
    CNET4 days ago

    Verizon's Smart Locator, AT&T cancels Fold preorders

    Today's major tech stories include Verizon's $100 Smart Locator device, Google's Game Builder software and AT&T's cancellation of all Galaxy Fold preorders.