|Bid||0.00 x 1000|
|Ask||0.00 x 1400|
|Day's Range||57.34 - 58.43|
|52 Week Range||46.09 - 61.58|
|Beta (3Y Monthly)||0.26|
|PE Ratio (TTM)||7.37|
|Earnings Date||Jan 22, 2019|
|Forward Dividend & Yield||2.41 (4.18%)|
|1y Target Est||58.44|
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls the leading EV maker and a couple of social media giants. Bearish calls included a top automaker and a telecom ...
Sidelined by illness, the economy or job loss, people in their 50s, 60s and even 70s often find themselves struggling to plan for retirement. Some declare they will just keep working forever, while others are taking steps to plan a retirement that may look different from the traditional one they’d envisioned decades earlier. A serious illness, not being prepared for a big stock market downturn or a sudden job loss can quickly jettison dreams of a sunny retirement.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September. At Insider Monkey, we follow over 700 of the best-performing investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish […]
The Federal Communications Commission said on Friday it was investigating whether major wireless service providers submitted false information about their coverage areas. Under https://www.fcc.gov/mobility-fund-phase-ii-mf-ii the FCC's Mobility Fund Phase II mapping program, the agency would allocate up to $4.53 billion over the next decade to advance high-speed mobile broadband service in rural areas that would not be served without government support. "A preliminary review of speed test data submitted through the challenge process suggested significant violations of the Commission's rules.
Moody's Investors Service ("Moody's") today downgraded the Corporate Family Rating of LSF9 Atlantis Holdings, LLC ("A2Z Wireless" or "Victra") to B2 from B1. Moody's additionally downgraded the company's Probability of Default Rating to B2-PD from B1-PD, as well as the rating on the company's first lien senior secured term loan to B2 from B1. The downgrade of the Corporate Family Rating to B2 reflects the company's weaker than anticipated operating performance and credit metrics.
Although Sprint (S) has remained the fourth-largest US wireless service provider based on customer count, its cost-cutting initiatives and shift from a traditional subsidy model have paid off. In the first six months of fiscal 2018 (ending March 2019), the company realized ~$200 million in net reductions YoY (year-over-year) in costs of services and selling, general, and administrative expenses.
AT&T (T) is on track to launch a new video streaming service in about a year. The service will be based mostly on the WarnerMedia assets AT&T purchased for $85.4 billion in a transaction that closed in June. At a recent analyst briefing, AT&T provided more details about its upcoming streaming service.
Sprint (S) has the highest postpaid phone churn rate in the US wireless space. In the second quarter of fiscal 2018 (ended in September), Sprint’s postpaid phone churn rate rose year-over-year to 1.73% from 1.59%.
Verizon (VZ) recently introduced a service called MyNumbers, which allows its wireless customers to work with up to five phone numbers on a single handset, making it easy for people to have separate numbers for personal, business, and other uses without having to carry around multiple phones. Although MyNumbers mostly sees Verizon catching up to the competition because T-Mobile (TMUS) and AT&T (T) have already launched their variants of the service, it could help Verizon boost its customer retention. Under Verizon’s MyNumbers service, each added line is charged at $15 per month, which looks cheaper than buying a separate device for each use even for those customers who upgrade their handsets regularly.
General Motors and its recent 15,000 layoffs are an example that even in a good economy, good jobs are at risk. General Electric's recent woes also show that even the most iconic of companies can be upended. Layoffs at the larger companies are nearing 500,000 this year through November, with big names like Verizon Communications and the bankrupt toy chain Toys-R-Us making cuts.
Qualcomm President Cristiano Amon discusses the company's 5G plans and relationship with Apple.
Donald Trump will nominate William Barr to become his second attorney-general, picking a mainstream establishment Republican to head the justice department as it braces for Robert Mueller’s report into Russia’s ties to the Trump campaign. The selection of Mr Barr, who held the post under then-President George HW Bush, appeared aimed at blunting critics who have accused Mr Trump of attempting to smother Mr Mueller’s investigation by putting loyalists in positions to oversee his efforts.
This could mean big things for Qualcomm stock. Current and prospective owner of Qualcomm stock, however, have just as much of a reason to start licking their chops. Qualcomm’s processors and chipsets are already found in the majority of smartphones, making it unsurprising it was the first to come up with a commercially viable 5G platform.
Verizon launched its first commercial 5G service in four cities in October. The company has promised typical 5G download speeds of 300 Mbps and peak speeds of 1 Gbps. Similarly, AT&T announced in October that it’s set to launch its 5G service this year across at least 12 cities.
NEW YORK, Dec. 06, 2018 -- The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 60.25 cents per outstanding share,.
Verizon (VZ) launched its residential 5G service, known as Verizon 5G Home, in four cities in the United States on October 1. The Verizon 5G Home service has entered its third month in December. Verizon still isn’t disclosing its 5G Home subscription metrics, but the company recently shared details suggesting that the service is off to a great start.
Comcast (CMCSA) and Charter Communications (CHTR) have diversified into the wireless market, selling mobile services using Verizon’s (VZ) 4G LTE (long-term evolution) network. The arrangement with Verizon restricts Comcast and Charter to selling mobile services in their footprints.