Verizon Communications Inc. stock price

Verizon Communications Inc. latest news:


  • 01/31/2018 15:03:35

    BRIEF-Verizon Has Been Awarded $70.7 Mln In Phase 3 Of New NY Broadband Program

    Verizon Communications Inc(VZ): * VERIZON(VZ) - HAS BEEN AWARDED $70.7 MILLION IN PHASE 3 OF NEW NY BROADBAND PROGRAM Source text for Eikon: Further company coverage:

  • 01/29/2018 14:40:14

    Sanofi and Verizon skid while Dr. Pepper Snapple leaps

    Sanofi and Verizon Communications stumble while Dr. Pepper Snapple Group and Lockheed Martin climb

  • 01/24/2018 14:21:19

    Shotspotter partners with Verizon to grow gunshot-detection network

    Shotspotter Inc. said late Wednesday that it will partner with Verizon Communications Inc. to expand its gunshot-detection network by using a Verizon internet-of-things platform set up on street lights. Shotspotter stock is up 8.5% to $17.50 and Verizon stock is flat after hours. Now attached to Verizon's Light Sensory Network, Shotspotter will be able to cover larger areas in cities with its tech, which uses acoustic sensors and software to detect and pinpoint gunshots in "near real time." The acoustic and other data the tech collects is then sent to emergency dispatchers and law enforcement, which can respond more quickly to potential safety concerns, Shotspotter said. Shotspotter went public in 2017 at $11 and the stock is up 28% in the past six months, as the S&P 500 index has gained 15%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/23/2018 09:04:55

    Verizon quarterly revenue, subscribers beat estimates

    NEW YORK (Reuters) - Verizon Communications Inc on Tuesday reported quarterly revenue that exceeded analyst estimates as it added phone subscribers, and the company's chief executive said it was not currently considering a large media acquisition.

  • 01/23/2018 09:03:02

    UPDATE 3-Verizon quarterly revenue, subscribers beat estimates

    NEW YORK, Jan 23 (Reuters) - Verizon Communications Inc on Tuesday reported quarterly revenue that exceeded analyst estimates as it added phone subscribers, and the company's chief executive said it was not currently considering a large media acquisition.

  • 01/23/2018 05:23:55

    Verizon's stock gains as sales beat, tax-reform benefit helped offset profit miss

    Shares of Verizon Communications Inc. rallied 1% in premarket trade Tuesday, as a revenue beat and a big expected benefit from tax-reform legislation helped offset a profit miss. Net earnings rose to $18.78 billion, or $4.56 a share, from $4.60 billion, or $1.10 a share, in the same period a year ago. Adjusted earnings per share, which included losses on special items and mark-to-market adjustments of pension and other benefit liabilities, came to 86 cents, which was below the FactSet consensus of 88 cents. Revenue rose to $34.0 billion from $32.34 billion, above the FactSet consensus of $33.2 billion. The telecommunications giant said its wireless business had a net increase of 1.2 million retail postpaid connections and net phone additions of 431,000. Total wireline revenue increased 0.1%, with total Fios revenue up 2.3%. For 2018, the company expects revenue to grow in the low-single-digit percentage range, while the FactSet consensus of $127.2 billion implies 1% growth over 2017 revenue of $126.03 billion. Verizon said tax-reform legislation will have a positive impact to cash flow from operations of about $3.5 billion to $4.0 billion, which will be used primarily to strengthen the balance sheet, but also for employee initiatives that will be announced later Tuesday. The stock has gained 2.0% over the past 12 months, while the Dow Jones Industrial Average has climbed 32%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/18/2018 11:50:23

    Lions Gate shares gain 10% on report of merger talks with Amazon, CBS-Viacom, others

    Lions Gate Entertainment Corp. shares rose nearly 10% on Thursday after a Deadline report, citing one unnamed source, that the company is in active merger talks with Amazon.com Inc. , Verizon Communications Inc. and a potentially recombined Viacom Inc. and CBS Corp. . Lions Gate declined to comment. The report comes after multiple media reports that Shari Redstone, vice chair of Viacom and CBS, is pushing for the two companies to merge. Shares of Viacom rose roughly 8% on Thursday, while CBS shares rose almost 5%. Walt Disney Co. is also in the midst of trying to acquire TV and film entertainment assets from 21st Century Fox Inc. . Shares of Lions Gate Entertainment have gained more than 24% in the last 12 months, while the S&P 500 index is up more than 23% and the Dow Jones Industrial Average is up almost 32%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/17/2018 16:55:20

    Verizon says new U.S. tax law to increase fourth-quarter earnings

    Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

  • 01/17/2018 15:40:58

    Verizon says new U.S. tax law to increase 4th-qtr earnings

    Verizon Communications Inc(VZ) said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

  • 01/17/2018 15:37:08

    UPDATE 1-Verizon says new U.S. tax law to increase 4th-qtr earnings

    NEW YORK, Jan 17 (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

  • 01/17/2018 15:11:26

    Verizon says new tax law to increase fourth-quarter earnings

    NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

  • 01/05/2018 14:00:40

    Verizon removes Bloomberg TV, refusing to pay carriage fees

    Verizon Communications Inc(VZ) has pulled Bloomberg L.P.'s news network, Bloomberg TV, from 4.6 million of its pay-TV customers after the financial news provider asked the carrier to pay it for its content for the first time ever. Verizon (VZ) said it took down the news network last month because it did not want to pay for it when viewers can access it for free online.

  • 01/03/2018 09:36:16

    Verizon announces new streaming partnership with A&E Networks

    Verizon Communications Inc. said on Wednesday that it has signed a new partnership with A&E Networks to give Verizon customers free access to stream content from A&E, including from Lifetime, the History channel and Viceland. A&E is co-owned by Walt Disney Co. , Comcast Corp.'s NBCUniversal and Hearst Communications. This deal follows a similar Verizon announcement last month that the company had entered a deal with the National Football League to stream games beginning in January. Verizon will provide its customers with A&E content across its media brands, including Yahoo and AOL. The deal also gives Verizon first rights to content from A&E's in-house branded content agency 45th & Dean. "This partnership expansion is yet another example of how we're fueling our new Oath media brands," said Brian Angiolet, Verizon's chief media and content officer, in a statement. Shares of Verizon were down nearly 2% during intraday trade on Wednesday and have declined close to 4% in the trailing 12-month period. By comparison, the S&P 500 index is up 20% and the Dow Jones Industrial Average is up almost 25%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/01/2018 22:46:17

    PRESS DIGEST- New York Times business news - Jan 2

    The following are the top stories on the New York Times business pages. - In late summer, Verizon Communications (VZ) came to Rupert Murdoch with a surprise acquisition offer.

  • 12/12/2017 08:44:13

    Verizon stock jumps toward 11-month high after Instinet upgrade

    Verizon Communications Inc. shares surged 1.9% in Tuesday morning trading, putting them on course to close at the highest level since January, after analysts at Instinet upgraded the stock to buy from neutral. "Better visibility into subscriber growth, rising average revenue per user, and cost control fuels our confidence earnings per share growth will resume in 2018," wrote the analysts, led by Jeffrey Kvaal. He believes the company, which announced a new streaming arrangement with the NFL on Monday, could launch an over-the-top streaming service by the end of the year and has some advantages over its peers in doing so. "Unlike AT&T it need not bundle to reduce churn or be overly mindful of its existing video base as its pay-TV base is minimal relative to rivals," he wrote. The firm raised its price target on Verizon shares to $61, from $47. Verizon's stock has fallen 1.3% so far in 2017, compared with a 19% gain for the S&P 500 .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/11/2017 15:36:51

    Verizon CEO steps down from General Electric board

    Verizon Communications Inc. Chief Executive Lowell McAdam resigned from the General Electric Co. board of directors, according to a Securities and Exchange Commission filing Monday. McAdam told GE that he no longer had enough time to continue to serve on the board, the SEC filing said. "Lowell is very supportive of [GE] Chairman Flannery," a Verizon spokesman said in an email message. "It has become clear, however, that the work on GE's board was going to distract Lowell from his day job, and the Verizon shareowner, which is his first priority." GE referred MarketWatch to the SEC filing. Verizon stock is up less than 1% to $51.99 after hours. GE stock is flat after hours and has fallen 44% this year. The Dow Jones Industrial Average , of which both Verizon and GE are components, has gained 23%. Verizon stock has lost 2.9% as the S&P 500 index has gained 18%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/11/2017 15:22:25

    Comcast drops out of Fox bidding, Disney reportedly still in talks

    Comcast Corp. is no longer bidding for entertainment assets from 21st Century Fox Inc. , according to a Monday afternoon report, which could leave Walt Disney Co. as the sole bidder remaining. "We are no longer engaged in the review of those assets," Comcast said in a statement to some news organizations. "We never got the level of engagement needed to make a definitive offer." Disney and Comcast were "in active talks" in negotiations for parts of the Fox empire that includes the movie and television studios and some cable networks, [l: The Wall Street Journal reported last week, adding that the Murdoch family hoped to make a decision on a transaction by year's end. Sony Corp. and Verizon Communications Inc. have also reportedly shown interest in the assets, the Journal reported. Reuters, which first reported the Comcast statement, said Monday that Disney and Fox were still in negotiations and could reach a deal this month. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/11/2017 09:28:34

    UPDATE 2-Verizon to pay $2.25 bln to NFL for 5-year streaming deal- source

    NEW YORK, Dec 11 (Reuters) - Verizon Communications Inc will pay around $2.25 billion for a five-year partnership with the National Football League that allows users to stream games on its Yahoo and go90 platforms as well as on mobile devices, a source told Reuters on Monday.

  • 11/30/2017 14:48:18

    BRIEF-Verizon Announces Pricing Terms Of Its Tender Offers

    Verizon Communications Inc(VZ): * VERIZON ANNOUNCES PRICING TERMS OF ITS TENDER OFFERS / CONSENT SOLICITATIONS FOR 31 SERIES OF VERIZON AND CERTAIN OF ITS SUBSIDIARIES' NOTES Source text for Eikon: Further company coverage:

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