Verizon Stock
Verizon Communications Inc. (NYSE:VZ) stock, the largest wireless carrier in the United States by subscribers, reported its third-quarter financial results on October 20. Investors seem disappointed with the company's quarterly performance, as VZ stock is trading downward. The company’s equity dropped 2.64% to $49.06 per share on Thursday afternoon. Verizon…
Has Yahoo Stock Suffered from the Massive Data Breach? The huge data breach at Yahoo! Inc. (NASDAQ:YHOO) by unknown hackers has raised many questions. Apart from the questions of whom was responsible and just how much CEO Marissa Meyer actually knew about it, this is the main issue…
Yahoo! Inc. (NASDAQ:YHOO) stock is expected to close its transaction to sell its core Internet business to Verizon Communications Inc. (NYSE:VZ) for $4.8 billion in the first quarter of 2017. The tech giant will become a publicly traded investment company (temporarily referred to as RemainCo), which will hold…
This is a Big Deal for VZ Stock It’s been a while since Yahoo! Inc. (NASDAQ:YHOO) decided to put its core Internet assets up for sale. Since last year, Verizon Communications Inc. (NYSE:VZ) has been known as a strong contender in the YHOO stock auction. Now, it looks like a deal…
Verizon Stock a Standout After Brexit Verizon Communications Inc. (NYSE:VZ) has just come out of one of the largest labor strikes in U.S. history. The strike began during the middle of April and formally ended on June 22. But despite the strike action, Verizon stock has gained more…
Friday was a sea of red on Wall Street with stocks getting hammered after Britain voted to leave the European Union (EU). Despite the broad-based global sell-off, investors sought the safety of stocks in the world’s biggest and safest economy. More specifically, investors sought safety in Verizon Communications…
Could a Workers’ Strike Crimp Verizon Stock? Nearly 40,000 Verizon Communications Inc. (NYSE:VZ) workers went on strike on Wednesday in the eastern United States, as negotiations to renew their employment contract hit a roadblock. Workers have been without a contract since August 2015. The talks stalled over health…
Verizon Communications Inc. (NYSE:VZ) is a frontrunner to buy Yahoo! Inc. (NASDAQ:YHOO) and will launch a first offer for the embattled Yahoo’s Internet business. Verizon stock, popular among investors for its dividend, gained a half-percentage point on the rumor. Shortly after Yahoo announced dismal quarterly results in February,…
The No. 1 Reason to Like VZ Stock Since speculation that Verizon Communications Inc. (NYSE:VZ) is the frontrunner to acquire Yahoo! Inc. (NASDAQ:YHOO), Verizon stock has soared 15%. However, VZ stock’s most attractive feature is its dividend. Verizon has a sustainable competitive advantage. It has a dominant position…
I hate Verizon Communications Inc. (NYSE:VZ), but I love VZ stock. Each year, the company hikes its prices. Just last week, I found some new fee on my bill. Verizon jacked up the charges on my cell phone again! “I’m taking my business elsewhere,” I told the customer…
Verizon Communications Inc’s (NYSE/VZ) bid to buy AOL Inc. (NYSE/AOL) wrapped up on Tuesday June 23rd as the company challenges Google Inc. and Facebook Inc. for a piece of the web advertising market. The acquisition cost Verizon $50.00 per share; a necessary expense as the company attempts to…
On May 12, 2015, Verizon Communications Inc. (NYSE/VZ) announced that it would buy AOL Inc. (NYSE/AOL) for $4.4 billion. The acquisition would give Verizon more advertising technology and access to the online video streaming business. Verizon Communications is an American broadband and telecommunications company. AOL is a New…
