OPR - OPR Delayed Price. Currency in USD
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Previous Close9.55
Expire Date2020-10-16
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  • HP CEO on how the company is responding to COVID-19
    Yahoo Finance Video

    HP CEO on how the company is responding to COVID-19

    HP CEO Enrique Lores joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how HP is faring amid the coronavirus outbreak and what it is doing to support the U.S. front liners.

  • FCC Commissioner on how telecommunications are staying strong amid coronavirus
    Yahoo Finance Video

    FCC Commissioner on how telecommunications are staying strong amid coronavirus

    Yahoo Finance’s Editor in Chief Andy Serwer sat down with FCC Commissioner, Brendan Carr to discuss 5G and the strength of the telecommunications industry in the United States during the coronavirus pandemic.

  • Best ETFs for 2020: Communication Services SPDR Fund Is a Rebound Play

    Best ETFs for 2020: Communication Services SPDR Fund Is a Rebound Play

    This article is a part of InvestorPlace.com's Best ETFs for 2020 contest. Todd Shriber's pick for the contest is the Communication Services SPDR Fund (NYSEARCA:XLC).Growth, internet, social media and streaming entertainment stocks haven't been immune to the madness induced by the coronavirus from China. All of this has put considerable strain on the Communication Services SPDR Fund (NYSEARCA:XLC). But the bright side is that the XLC ETF now looks like it could be one of 2020's more credible rebound opportunities.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSome stocks and ETFs -- think airlines, energy and travel and leisure -- have been rightfully punished at the hands of the COVID-19 pandemic, but XLC's 15.47% month-to-date decline could prove to be a quintessential case of the baby being thrown out with the bath water.As it is, XLC is outperforming the S&P 500 this month and on a year-to-date basis, potentially showing the fund and its components will take on leadership roles if and when stocks rebound. Still a Lot to Like About XLCIn terms of acting as an investment play against the coronavirus, the $6.26 billion XLC is a mixed bag. Notable is the fact that the ETF features Netflix (NASDAQ:NFLX) as one of its top holdings (6.42% weight) and that stock has been a standout this year, jumping 12.18% as investors are embracing stay at home ideas in the face of COVID-19. * 7 Strong Stocks to Buy to Survive the Coronavirus Crisis Conversely, Dow Jones components Disney (NYSE:DIS) and Verizon (NYSE:VZ) -- two other big-name XLC constituents -- are wilting against the coronavirus backdrop. Yes, Disney has a burgeoning streaming service, but the stock is being punished as investors ponder how long it will take for movie theater and theme park visits to return to normal after the coronavirus passes. Likewise, Verizon is betraying its defensive reputation and is merely performing less poorly than the broader market.Now, let's examine Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), two stocks that combine for roughly for 42% of the XLC ETF. Alphabet is outpacing the S&P 500 this year, while Facebook is slightly trailing the benchmark equity gauge. Both names are lower this year because investors are concerned about what becomes of internet advertising spending in a recession.The concern is relevant, but reasons remain to embrace XLC's top two holdings. One is cash, something there's a newfound premium on the current climate. Alphabet and Facebook have cash. Lots of it.At the end of 2019, Alphabet had $119.67 billion in cash on hand, while Facebook had $54.85 billion. In volatile times, cash can be a buffer and it's a quality trait at a time when investors are eagerly embracing quality stocks. For those considering XLC, it's clear the ETF is home to some cash-rich companies and none of its marquee holdings will be asking Uncle Sam for a bailout anytime soon. Is XLC Still One of the Best ETFs for 2020?There's no sugarcoating the fact that XLC is off to a rough start this year, but that's true of basically every other traditional sector ETF out there, too. And while some companies and industries are facing near zero revenue scenarios for the first quarter of this year, that's not going to be the case for Alphabet and Facebook.Add up the cash positions of those companies and selloffs that are likely cases of too much too fast, and there's a recipe for XLC to perk up later this year.Todd Shriber has been an InvestorPlace contributor since 2014. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's Richest ZIP Code Holds Wealth Gap Secret * 10 Stocks to Buy That Will Benefit From Coronavirus Mayhem * 5 Bank Stocks to Buy Now Because This Isn't 2008 Again * 12 Stocks to Buy That Are Already Positive The post Best ETFs for 2020: Communication Services SPDR Fund Is a Rebound Play appeared first on InvestorPlace.

  • GlobeNewswire

    Verizon Retirees: Don’t Prioritize Executive Compensation Over Shareowner Interests

    Retiree shareholders at Verizon (NYSE:VZ) will present two proposals at this year’s annual meeting in an effort to rein in runaway executive compensation. One proposal would require shareholder approval of any Verizon “Golden Parachute” plan (Item #8) that pays out severance or termination payouts that are equal to or greater than 300% of an executive officer’s base salary plus target short-term bonus. For example, Verizon discloses in the proxy statement that if CEO Hans Vestberg is terminated without cause, he could receive an estimated $39 million in termination payments, nearly seven times his 2019 base salary plus short-term bonus.

  • Verizon Stock Falls 3%

    Verizon Stock Falls 3%

    Investing.com - Verizon (NYSE:VZ) Stock fell by 3.01% to trade at $51.83 by 10:19 (14:19 GMT) on Friday on the NYSE exchange.

  • Telecom Stock Roundup: AT&T Cancels Buyback Plan, Verizon Extends Reach, & More

    Telecom Stock Roundup: AT&T Cancels Buyback Plan, Verizon Extends Reach, & More

    While AT&T (T) withdraws plans to repurchase stock worth $4 billion due to coronavirus, Verizon (VZ) is collaborating with first responders to provide seamless network connectivity.

  • Verizon Stock Rises 5%

    Verizon Stock Rises 5%

    Investing.com - Verizon (NYSE:VZ) Stock rose by 4.96% to trade at $52.43 by 13:38 (17:38 GMT) on Thursday on the NYSE exchange.

  • FCC Delays Auction Due to Coronavirus, Gets 500+ Pledges

    FCC Delays Auction Due to Coronavirus, Gets 500+ Pledges

    Some prominent players are going the extra mile to help Americans stay connected during the coronavirus pandemic.

  • Verizon Offers Free Premium Services Amid Coronavirus Crisis

    Verizon Offers Free Premium Services Amid Coronavirus Crisis

    Verizon (VZ) decides to provide a plethora of free learning tools and additional premium TV benefits at no additional costs with seamless network connectivity amid coronavirus pandemic.

  • With Everyone Working From Home, Go Easy on Netflix

    With Everyone Working From Home, Go Easy on Netflix

    (Bloomberg Opinion) -- Work-from-home neophytes are providing some much needed moments of levity right now. The Italian priest livestreaming mass with cat’s ears and whiskers accidentally superimposed on his head. The woman who failed to switch her camera off when she took a bathroom break during a conference call. Children and pets generally making a nuisance of themselves. Even if staged, they warrant a chuckle.The laughter, however, doesn’t resolve the difficulties that many are experiencing as millions more people head into self-isolation and log on from home. For all of the telecommunications operators’ assertions that their networks can cope with the peak loads, there are still things you can do to reduce the likelihood of dropped calls or spotty connections. More than that, the small changes you make can lessen the load on telecoms networks more broadly.Britain’s regulator Ofcom on Tuesday proffered advice on how best to stay connected during Covid-19 self-isolation. It’s well worth reading in its entirety, but top of the list was using your landline or Wi-Fi when possible, rather than a mobile connection. Because most of the top video-calling apps are made by U.S. firms, they’re built for users with ready access to high-speed mobile connections, since unlimited data plans are more common there than in Europe or Asia, according to Nick McQuire, head of enterprise research at market intelligence firm CCS Insight.He says the app conferencing companies have neglected the issue of bandwidth optimization in general. As rising numbers of people use video calls — not just for work, but family visits with the grandparents, third-grade art class and virtual happy hours —  those problems risk being highlighted. That’s one reason why Ofcom is encouraging the use of landlines. Spikes in network usage mean operators are having to lean on more and more servers to manage the load than usual, Italian data from network analysis firm Tutela Technologies Ltd. show.In the age of Covid-19, video conferencing is an important channel for maintaining social contact, but some products are easier on the network than others. Stuck at home like many others in London, I carried out a series of tests to see how much data each of the most popular apps required for the same calls, as scientifically as I could given the circumstances. On average, Zoom Video Communications Inc.’s eponymous service and Google Inc.’s Hangouts used more than twice as much data as Apple Inc.’s FaceTime or Cisco Systems Inc.’s Webex.To use FaceTime, though, the participants all need an Apple device — not a given when a top-of-the-range iPhone starts at $1,000. And Webex isn’t exactly easy to use, as my girlfriend grumbled while she helped me test: “The setup for this is definitely the worst.” With Zoom, the data requirements dropped significantly when we tried it around 5 p.m., when usage seems to peak — it appeared to throttle its needs as network capacity became limited.At times it might actually be better to use the mobile network instead of Wi-Fi, according to data from Tutela. Since Italy went into full lockdown on March 12th, the mobile network has on average provided a better quality of service(1) until about 2 p.m., after which Wi-Fi connections have given a more reliable connection. That differs by country, of course, but the trend elsewhere is similar. On March 24th, the first day after British Prime Minister Boris Johnson outlined stricter self-isolation measures, the U.K.’s mobile networks provided better service until about 9 a.m., after which the Wi-Fi was again more reliable.It’s not all about work, of course. There’s been a massive leap in the demands imposed on the network by online gaming. In the week from March 9th, gaming data usage jumped 75% in the U.S., Verizon Communications Inc. said last week. It’s far better to avoid network gaming if you can. And if you plan to park the kids in front of one or more films during the day, think about downloading them overnight rather than streaming them real time.Netflix Inc., Alphabet Inc.’s YouTube, Amazon.com Inc. and Walt Disney Co. are already reducing their streaming services’ bandwidth consumption in Europe to alleviate the load on the region’s networks. Using video conferencing smartly could not only make your calls more reliable, but also preempt any limitations being imposed on that technology.And for goodness sake, if you’re on a conference call and not talking, make sure you mute yourself. You know who you are.(1) Tutela considers the test to pass the Excellent Consistent Quality thresholds if it meets all the following criteria: 5 Mbps or greater download speed 1.5 Mbps or greater upload speed 50ms or less one-way latency 30ms or less jitter 1% or less packet lossThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • GlobeNewswire

    Verizon to give customers learning tools and premium TV at no additional cost to assist with new at-home realities

    Verizon Wireless and Fios subscribers will have free learning and additional TV channels SHOWTIME and Epix offer premium entertainment for Fios TV subscribersStudents get free.

  • Top Communications Stocks for April 2020

    Top Communications Stocks for April 2020

    These are the communications stocks with the best value, fastest growth, and most momentum for April.

  • Verizon Stock Rises 3%

    Verizon Stock Rises 3%

    Investing.com - Verizon (NYSE:VZ) Stock rose by 3.08% to trade at $51.53 by 13:37 (17:37 GMT) on Wednesday on the NYSE exchange.

  • GlobeNewswire

    The biggest names in entertainment are helping the smallest names in business

    Verizon today announced the launch of Pay it Forward Live, a weekly streaming entertainment series that will include music, gaming, comedy and more in support of small businesses affected by COVID-19. The weekly series will debut on Thursday, March 26, at 8:00 p.m. ET with a performance from Dave Matthews. The 30-minute performances, where artists will create intimate concerts from their homes, will give viewers a way to connect during this time of social distancing and a way to support their favorite small businesses now.

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

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

    Verizon Communications (VZ) closed at $49.99 in the latest trading session, marking a -0.64% move from the prior day.

  • AT&T Gets Additional Spectrum Due to Coronavirus Crisis

    AT&T Gets Additional Spectrum Due to Coronavirus Crisis

    Effectiveness of COVID-19 mitigation measures, global economic conditions, consumer spending, and supply chain sustainability are likely to impact the demand for AT&T's (T) products and services.

  • Work-from-home routines speed the shift to cloud-computing services

    Work-from-home routines speed the shift to cloud-computing services

    The beneficiaries are many, from chip companies Intel and AMD, to collaboration-software makers Atlassian and Zendesk.

  • 'A very bad day for our country': TV mogul Byron Allen criticizes Supreme Court ruling on $20 billion bias suit
    Yahoo Finance

    'A very bad day for our country': TV mogul Byron Allen criticizes Supreme Court ruling on $20 billion bias suit

    Television mogul and comedian Byron Allen sharply criticized a U.S. Supreme Court decision on Monday that sided with Comcast.

  • Barrons.com

    AT&T Gets 2 Downgrades After the Company Suspends Its Stock Buyback

    A day after putting its stock repurchases on hold, two Wall Street firms cut their ratings on AT&T shares. Why one analyst prefers Verizon.

  • GlobeNewswire

    Verizon helps eliminate worry for customers during time of great need

    Reinforces pledge to Keep Americans Connected and goes further to protect most vulnerable Will waive overage charges and late fees to support customers who may be financially.

  • Verizon Partners First Responders to Fight Coronavirus Crisis

    Verizon Partners First Responders to Fight Coronavirus Crisis

    Verizon (VZ) teams up with first responders and health-care agencies to provide seamless network connectivity and dedicated emergency services to tackle coronavirus-related challenges.

  • 5G Won't Help Rural Americans Shelter in Place

    5G Won't Help Rural Americans Shelter in Place

    (Bloomberg Opinion) -- While the U.S. government and telecommunications industry have been engrossed in the race to 5G, much of the country is still in a slow crawl to regular home internet service. It’s a mistake with economic consequences, and unfortunately the coronavirus pandemic could provide the harshest evidence of that. Americans all around the country are being advised to stay home to slow the spread of the disease. That means adults and children are powering up their computers, laptops and tablets to work and study remotely for the time being, if they can. It’s part of a nationwide social-distancing effort that could go on for weeks or even months, as experts aren’t sure how the health crisis will progress from here. What may be more certain is that the near shutdown of the country’s economy will expose and perhaps exacerbate the digital divide that exists between wealthier cities that have reliable internet access and the many rural towns that don’t. Only 63% of rural Americans have a broadband internet connection at home, compared with 75% of Americans overall, according to a survey conducted by the Pew Research Center early last year. That gap is only a slight improvement on the 16-percentage-point difference that existed 13 years ago. In a separate Pew study in 2018, about a quarter of rural respondents cited access to high-speed internet as a major problem, a far higher proportion than people living in urban areas or suburbs.The digital divide tends to be talked about in terms of being a wealth divide, which it absolutely is. But in rural communities, frustration over internet access is also notably shared across different income and education levels, Pew has found. So even as parts of the country are given no choice but to work from home, many that should have the ability don’t. In a similar vein, suburban kids using iPads to attend digital classes or learn from online tutors won’t have the same interruption to their education as children in rural or less well-off areas, where a greater burden may in turn be placed on parents.There’s also a problem within the problem: Nobody really knows exactly how many rural Americans are without high-speed internet, leaving it to guesswork through surveys. That’s due to a lack of useful coverage maps showing what areas have broadband access. During a panel last July about rural broadband challenges, Eric Koch, a Republican state senator from Indiana, said that when a broadband provider “serves” an area, that might mean one customer or a thousand. There’s also a disagreement over what “access” even means. The Federal Communications Commission measures it in terms of those with minimum internet download speeds of 25 megabits per second and at least 3 megabits per second for uploads. About 21 million Americans couldn’t access such connections as of 2017, the latest data available from the FCC. Faster speeds of 100 Mbps — which is what households using multiple devices really need — were deployed to only 58.6% of the rural population, compared with 88.5% of the U.S. overall.What makes this all the more maddening is that the country’s broadband problem has been willfully overshadowed by the fascination of late with 5G, the faster next generation of wireless networks that is being rolled out by carriers such as Verizon Communications Inc., AT&T Inc. and T-Mobile US Inc. FCC Chairman Aji Pai was giddy in throwing his support behind T-Mobile’s takeover of Sprint Corp. last year, citing the 5G possibilities and asking for weak concessions in return. The deal brings together the two low-cost carriers in an already highly concentrated market that’s trying to regain pricing power over consumers. “Carriers and the FCC are so obsessed with the next thing (5G), they’ve not ensured that everyone who needs access to the network can get it or afford it,” Gigi Sohn, a distinguished fellow with the Georgetown Institute for Technology Law & Policy and a former FCC official, said in an email Thursday.Even with 5G, more densely populated areas are being prioritized, where there are more structures upon which to affix the boxes that serve as mini cellular towers. Delivering 5G to smaller towns is more costly and cumbersome relative to the amount of customers that would be served, which means there’s little incentive to build there.The FCC will say there has been much progress made in closing the digital divide and that lots more work is being done. But it hasn’t been happening nearly quickly enough, and now a pandemic has paralyzed the country. Where you live could determine how you come out on the other side of it. This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • The 5 Highest Paid Execs in Telecom

    The 5 Highest Paid Execs in Telecom

    The five highest paid executives in the telecom industry are well compensated for staying competitive and generating billions of dollars every year.