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Verizon

News

Reuters - 1 week ago

Verizon Says To Help Residents In Florida And Georgia Impacted By Hurricane Debby

BRIEF-Verizon Says To Help Residents In Florida And Georgia Impacted By Hurricane Debby Aug 6 (Reuters) - Verizon Communications Inc VZ.N : VERIZON: TO HELP RESIDENTS IN FLORIDA AND GEORGIA IMPACTED BY HURRICANE DEBBY, IS WAIVING POSTPAID DOMESTIC CALL/TEXT/DATA USAGE FROM AUGUST 6-12 Source text for Eikon: ID:nGNXtDWPw Further company coverage: VZ
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Reuters - 1 week ago

Verizon Announces Accepted Amounts & Pricing Terms For Exchange Offers

BRIEF-Verizon Announces Accepted Amounts & Pricing Terms For Exchange Offers Aug 5 (Reuters) - Verizon Communications Inc VZ.N : ACCEPTED AMOUNTS AND PRICING TERMS FOR EXCHANGE OFFERS EXTENDED EARLY PARTICIPATION DATE IS AUGUST 19, 2024
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Reuters - 1 week ago

Google has an illegal monopoly on search, US judge finds

UPDATE 8-Google has an illegal monopoly on search, US judge finds Ruling paves way for trial on remedies including potential breakup of Alphabet Google paid $26.3 billion in 2021 to maintain search engine dominance, judge noted Senator Klobuchar highlights bipartisan support for antitrust enforcement against Big Tech Adds White House statement in paragraph 9 By David Shepardson and Mike Scarcella WASHINGTON, Aug 5 (Reuters) - A U.S.
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Reuters - 2 weeks ago

T-Mobile lifts subscriber addition target on demand for premium bundled plans

UPDATE 3-T-Mobile lifts subscriber addition target on demand for premium bundled plans Adds executive comment in paragraph 6, details from release in paragraph 13 By Harshita Mary Varghese July 31 (Reuters) - T-Mobile US TMUS.O raised its full-year forecast for monthly bill-paying phone subscriber additions, after s eeing more customers than expected in the second quarter on strong demand for its discounted unlimited plans that include streaming perks.
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Reuters - 2 weeks ago

T-Mobile raises annual forecast for subscriber additions on bundled data plans demand

T-Mobile raises annual forecast for subscriber additions on bundled data plans demand July 31 (Reuters) - T-Mobile US TMUS.O raised its full-year forecast for monthly bill-paying phone subscriber additions on Wednesday as more customers opted for its discounted unlimited plans that include streaming perks. As competition builds in the telecom sector, carriers in the United States have turned to bundling streaming services with high-speed internet plans to bring in more customers who are looking
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Reuters - 2 weeks ago

American Tower raises annual forecast for key profit metric on strong leasing demand

American Tower raises annual forecast for key profit metric on strong leasing demand July 30 (Reuters) - Real estate investment trust American Tower AMT.N raised its forecast for annual adjusted funds from operations (AFFO) and beat second-quarter revenue estimates on Tuesday, helped by strong demand for its leasing business. Demand for land leases has surged as telecom carriers contin ue to expand their 5G and mobile network infrastructure to meet mounting customer needs.
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Reuters - 2 weeks ago

Charter to pay $15 million to resolve US probe into network outage rules

UPDATE 1-Charter to pay $15 million to resolve US probe into network outage rules Adds other wireless outages, Charter comment in paragraphs 4-9 By David Shepardson WASHINGTON, July 29 (Reuters) - Charter Communications CHTR.O will pay a $15 million civil penalty to resolve an investigation into compliance with network and 911 outage notification rules, the Federal Communications Commission said on Monday.
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Reuters - 2 weeks ago

SBA Communications cuts annual revenue forecast, signals slower 5G leasing activity

SBA Communications cuts annual revenue forecast, signals slower 5G leasing activity July 29 (Reuters) - Wireless tower operator SBA Communications SBAC.O trimmed its annual revenue forecast again on Monday, after missing Wall Street estimates for second-quarter revenue, indicating a slower 5G leasing activity. Shares of Florida-based SBA Communications fell more than 4% in extended trading.
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Reuters - 3 weeks ago

AT&T beats estimates for subscriber additions on demand for higher-priced plans

UPDATE 3-AT&T beats estimates for subscriber additions on demand for higher-priced plans Adds analyst comment in paragraph 11 and 12 By Harshita Mary Varghese July 24 (Reuters) - AT&T T.N exceeded market expectations for wireless subscriber additions in the second quarter as the telecom operator's higher-tier unlimited plans attracted customers, sending its shares up 4.8% on Wednesday.
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Reuters - 3 weeks ago

AT&T beats estimates for subscriber additions on demand for higher-priced plans

AT&T beats estimates for subscriber additions on demand for higher-priced plans July 24 (Reuters) - AT&T T.N exceeded market expectations for wireless subscriber additions in the second quarter on Wednesday, as the telecom operator's higher-tier unlimited plans attracted customers. The company added 419,000 monthly bill-paying wireless phone subscribers, compared with expectations of 284,800 additions, according to five analysts polled by FactSet.
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Reuters - 3 weeks ago

Street View: Verizon's wireless business has prospects for growth

BUZZ-Street View: Verizon's wireless business has prospects for growth ** Verizon Communications VZ.N missed Q2 revenue estimates on Monday as fewer people upgraded their phones, while its prepaid wireless subscribers fell sharply after a federal internet subsidy ended ** Average recommendation of 28 brokerages is "buy," median PT is $46 - LSEG dat
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Reuters - 3 weeks ago

Comcast misses quarterly revenue estimates on weak studio, theme park business

UPDATE 3-Comcast misses quarterly revenue estimates on weak studio, theme park business By Harshita Mary Varghese July 23 (Reuters) - Comcast CMCSA.O missed estimates for second-quarter revenue on Tuesday as the U.S. telecom and media firm had fewer movie releases during the period, while attendance at its theme parks stayed low, sending its shares down 5%.
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Reuters - 3 weeks ago

Comcast misses quarterly revenue estimates on weak studio, theme park business

Comcast misses quarterly revenue estimates on weak studio, theme park business July 23 (Reuters) - Comcast CMCSA.O missed estimates for quarterly revenue on Tuesday as the U.S. telecom and media firm had fewer movie releases during the period, while attendance at its theme parks stayed low. With most of its big movies such as the fourth installment in the hit animated franchise "Despicable Me" and the disaster movie "Twisters" released in July, Comcast had little to offer in the April-June quart
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Reuters - 3 weeks ago

U.S. Colgate-Palmolive, McKesson, Microsoft

U.S. RESEARCH ROUNDUP-Colgate-Palmolive, McKesson, Microsoft July 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Colgate-Palmolive, McKesson and Microsoft, on Tuesday. HIGHLIGHTS * Colgate-Palmolive Co CL.N : TD Cowen initiates coverage with buy rating; PT $110 * DR Horton Inc DHI.N : JP Morgan raises target price to $180 from $163 * IQVIA Holdings Inc IQV.N : Baird raises target price to $251 from $235 * McKesso
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Reuters - 3 weeks ago

Wall St closes higher as investors return to megacap stocks

US STOCKS-Wall St closes higher as investors return to megacap stocks Nvidia jumps on report of new AI chip for China market Mattel soars after Reuters reports buyer interest CrowdStrike slips after Friday's global cyber outage Verizon falls on Q2 revenue miss Indexes rise: Dow 0.32%, S&P 1.08%, Nasdaq 1.58% Updates with closing prices By David French July 22 (Reuters) - Wall Street's three benchmarks ended higher on Monday as investors returned to megacap growth stocks, helping both the S&P 500
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Reuters - 3 weeks ago

Wall St ends higher as investors return to megacaps

US STOCKS-Wall St ends higher as investors return to megacaps Nvidia jumps on report of new AI chip for China market Mattel soars after Reuters reports buyer interest CrowdStrike slips after Friday's global cyber outage Verizon falls on Q2 revenue miss Updates to close By David French July 22 (Reuters) - Wall Street's three benchmarks closed higher on Monday as investors returned to megacap growth stocks , h elping both the S&P 500 .SPX and Nasdaq Composite .IXIC recover from their worst weekly
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Reuters - 3 weeks ago

S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change IQVIA Holdings Inc IQV.N +7.7% Lam Research Corp LRCX.OQ +6% ON Semiconductor Corp ON.OQ +5.9% Applied Materials Inc AMAT.OQ +5.8% KLA Corp KLAC.OQ +5.5% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -13.2% Verizon
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Reuters - 3 weeks ago

Wall St gains as investors reassess presidential race after Biden exit

US STOCKS-Wall St gains as investors reassess presidential race after Biden exit Nvidia jumps on report of new AI chip for China market Mattel soars after Reuters reports buyer interest CrowdStrike slips after Friday's global cyber outage Verizon falls on Q2 revenue miss Indexes up: Dow 0.25%, S&P 1.03%, Nasdaq 1.53% Updated to 1:57 p.m. ET/1757 GMT By Ankika Biswas and David French July 22 (Reuters) - Wall Street's three benchmarks advanced on Monday, as investors reexamined the state of the pr
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Reuters - 3 weeks ago

U.S. STOCKS Walt Disney, Mattel, Tellurian

BUZZ-U.S. STOCKS ON THE MOVE-Walt Disney, Mattel, Tellurian Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq recouped some of the previous week's losses on Monday, as investors reexamined the chances of a second presidential term for Republican nominee Donald Trump after U.S.
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Reuters - 3 weeks ago

Verizon falls after telecom firm hit by prepaid subscriber exodus

BUZZ-Verizon falls after telecom firm hit by prepaid subscriber exodus Updates ** Shares of telecom firm Verizon Communications VZ.N fall 6.3% to $39.01 ** Shares of rivals AT&T T.N , T-Mobile US TMUS.O , Charter Communications CHTR.O and Comcast CMCSA.O down between 1.5% and 2.7% * * Verizon's consumer business lost 624,000 wireless retail prepaid
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