Noah Berger | Bloomberg | Getty Images Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions by the end of this week alone, the company said in a statement ...
Tag: Verizon Communications Inc
What will TV be like in three years? Insiders predict future
Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes ov...
AT&T subscriber growth tops analyst expectations, stock jumps
A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC AT&T shares jumped on Wednesday after the carrier reported fourth-quarter subscriber growth that exceeded Wall St...
Verizon’s stock falls after earnings outlook comes up short
Verizon Communications Inc. returned to positive subscriber growth in its consumer postpaid phone business for the fourth quarter, but shares of the wireless giant dipped in morning trading Tuesday af...
Bed Bath & Beyond, Verizon, Lululemon and more
A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines before the bell. Verizon — Verizon shares slippe...
Verizon earnings preview: After stemming losses, can real momentum now build?
Verizon Communications Inc. already disclosed that it reversed its negative subscriber trends in the fourth quarter, but there’s more to be shared about the company’s story. The wireless giant is set ...
What’s ahead for Verizon? After a dismal 2022, it’s time to hear the turnaround plan.
Verizon Communications Inc.’s fourth-quarter results aren’t a big mystery, but the company’s path forward comes with plenty of question marks. Chief Executive Hans Vestberg already disclosed that Veri...
Looking for clues about iPhone supply? Ask AT&T, Verizon and T-Mobile
How have iPhone sales have fared in the wake of production constraints on high-end models? Wall Street likely won’t get a clear answer until Apple Inc. reports earnings later this month, but some publ...
Cox launches mobile business, joining Comcast, Charter, Altice
In this photo illustration, the Cox Communications logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Cox Communications is ringing in the new year wi...
Verizon, Intel and Dow stocks are the biggest ‘dogs’ of the Dow as 2022 ends
The stocks of Verizon Communications Inc. VZ, +0.36%, Intel Corp. INTC, +0.84% and Dow Inc. DOW, -0.52% are the biggest “dogs” of the Dow Jones Industrial Average DJIA, -0.22% as 2022 comes to an end....
Netflix, Snap, Warner Bros. Discovery, AT&T, Novavax and more
The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Netflix— Netflix tumbl...
Verizon stock has had a tough year. Is a ‘drastic’ shakeup in order?
At a time when AT&T Inc. is winning praise for disentangling itself from recent deals, is it time for rival Verizon Communications Inc. to actually think about a merger of its own? LightShed Partn...
AT&T exec says this trend should give investors ‘confidence’
AT&T Inc. shares only registered one annual gain in the past five full calendar years. Main rivals Verizon Communications Inc. and T-Mobile US Inc. achieved the reverse, with their shares each gai...
Verizon looking to ‘increase the pace of execution’ amid leadership change
Change is coming to Verizon Communications Inc. after a tough year for the company’s consumer wireless business. Verizon VZ, -2.91% announced Monday morning that Manon Brouillette, the chief executive...
You ought to pass on Medical Properties Trust
Howmet Aerospace Inc: “I think aerospace exposure is incredibly important, and Howmet will give it to you.” UiPath Inc: “I actually believe in the company, but that company is losing...
GM EV unit BrightDrop forecasts $1 billion in 2023 revenue
BrightDrop CEO Travis Katz says he’s “charged up” about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. The announcement, tied to General M...
Comcast (CMCSA) earnings Q3 2022
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. The company’s shares...
Cramer’s lightning round includes a fintech ‘on the road to redemption’
PayPal (PYPL): “PayPal did very well today. They are already on the road to redemption.” MicroVision (MVIS): “It’s a $3 stock. It’s a dice roll. It could go down $3. Stoc...
AT&T’s ‘far simpler story’ and ‘solid’ dividend earn stock an upgrade
Not long ago, Verizon Communications Inc. was winning praise for its simple story, while AT&T Inc. sparked concerns with its hodgepodge of wireless, satellite and media businesses. Nowadays, thing...
Semafor debuts in tough media environment
Ben Smith, left, and Justin Smith Source: Semafor Semafor, a new digital media company with a focus on global news for college-educated readers, debuted Tuesday with intentions to bring transparency a...
Verizon has hit a speed bump, but earnings could show a better road ahead
For Verizon Communications Inc., the pain likely isn’t over yet. After posting net losses of wireless retail postpaid phone subscribers in its consumer business during each of the past two quarters, V...
Take any chance to sell stocks in busy earnings week
CNBC’s Jim Cramer on Friday advised investors to take any chance to sell stocks next week as the busy earnings season continues. “The market’s dominated by the tick, tick, tick of bo...
15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis
Corrected dividend stock screen table, because Hanesbrands had eliminated its dividend on Feb. 2. See note above table. If you are investing in dividend stocks, the last thing you want to see is a com...