Check out the companies making headlines before the bell: American Express (AXP) – The financial services company reported a quarterly profit of $2.47 per share, 6 cents above estimates, with revenue ...
Tag: Verizon
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...
Verizon Communications Named ‘Top Dividend Stock Of The Dow’ At Dividend Channel With 6.9% Yield
Verizon Communications has been named as the ”Top Dividend Stock of the Dow”, according to Dividend Channel, which published its most recent ”DividendRank” report. The report n...
Verizon With Stable & Growing Dividend Likely To Hold In Far Better Than Peer TMTs, Analyst Says
Reuters TREASURIES-U.S. yields move higher with payrolls report on deck The yield on the benchmark U.S. 10-year Treasury rose on Thursday after a reading on the labor market showed unemployment benefi...
AT&T, Verizon and Comcast stocks just had their worst quarter in two decades
Some of the biggest telecommunications stocks just posted their steepest quarterly declines in two decades amid pressures both new and old on the cable and wireless industries. Shares of wireless comp...
What Are Dividend Stocks?
Financial planning getty Dividend stocks are securities that include a regular distribution of the issuing company’s earnings. They operate like ordinary stocks and represent a share of ownership in a...
Should I buy Verizon Communications shares after a recent dip?
Verizon Communications Inc. (NYSE: VZ) shares have weakened from $51.77 to $38.63 since the beginning of July 2022, and the current price stands at $39.47. Verizon raised its quarterly dividend by 2% ...
Verizon hasn’t been a very defensive stock lately, but here’s how things could flip
Telecommunications stocks are said to be defensive, but Credit Suisse analyst Douglas Mitchelson wrote that Verizon Communications Inc. hasn’t quite lived up to that billing lately. The stock has narr...
Boosting Domestic Production Of 5G Technology Is Important To Ensure Long Run U.S. Economic Primacy
Russia’s invasion of Ukraine and China’s increasingly bellicose rhetoric across the Asian Hemisphere have caused policymakers to realize that we cannot depend on these countries for materials critical...
Verizon Communications Is Oversold
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important ...
How media and T-Mobile got the better of AT&T and Verizon
With the stock market in a deep funk (and getting funkier by the day) investors are looking for safe places to park their money, like stocks that pay healthy dividends. Which would be telecom stocks, ...
Verizon is ‘not going to throw away money’ to woo consumers with cheaper phones, CEO says
In a competitive market for wireless deals, Verizon Communications Inc.’s chief executive says the company is “not going to throw away money” on promotions. The company recently rolled out its deals f...
T-Mobile Stock Market Value Has Been Rising. It’s Bigger Than Verizon.
Illustration by Elias Stein Text size There’s a new top dog in U.S. telecom. This past Tuesday, T-Mobile US nosed ahead of Verizon Communications , and AT&T in market capitalization—an exclamation...
Verizon says it’s ‘very challenging being the premium brand’ but that new efforts will pay off
The iPhone 14 arrives during a tough climate for the U.S. wireless market, but a Verizon Communications Inc. VZ, +0.58% executive is upbeat about the efforts her company has taken both before and in r...
Verizon Hikes Its Dividend for the 16th Straight Year
Text size Verizon stock’s yield of around 6.2% far exceeds that of the broader market. Scott Olson/Getty Images Verizon Communications already offered a very big yield. The company sweetened the...
Verizon raises dividend, to extend lead as highest-yielding Dow component
Shares of Verizon Communications Inc. VZ, -0.48% rose 0.2% in premarket trading Tuesday, after the telecommunications company raised its quarterly dividend by 2%, to extend its lead has the highest-yi...
Top 100 Public Company Crypto Involvement
August 24, 2022, 9:55AM EDT • 2 min read Quick Take 28 out of the top 100 publicly traded firms ranked by Forbes have at least one crypto/blockchain investment since 2021 SoftBank and Samsung have the...
Verizon Faces Growing Price Pressures: Analyst
Text size Competitive concerns are weighing on Verizon stock, which was trading down 2.8% Thursday. Cindy Ord/Getty Images Shares of Verizon Communications were falling in Thursday trading after an an...
Warren Buffett Ramps Up Occidental And Apple Stakes, Dumps Verizon
Summary The guru did not add any new positions during the quarter. He sold out of Verizon and Royalty Pharma. Warren Buffett (Trades, Portfolio)’s multibillion-dollar conglomerate, Berkshire Hathaway ...
Buffett’s Berkshire Cuts Verizon, Keeps Other Equity Stakes Mostly Unchanged
(Bloomberg) — Berkshire Hathaway Inc. eliminated a Verizon Communications Inc. stake in the second quarter as the conglomerate run by billionaire Warren Buffett made tweaks to its portfolio and ...
Cable Broadband Subscribers Drop For The First Time
In a first, cable broadband subscribers have dropped in second quarter 2022. (Photo by John … [+] Moore/Getty Images) Getty Images For a decade cable companies have been losing millions of video...
A Verizon Communications Bull Gives Up and Downgrades the Stock
Text size Verizon Communications recently reduced its adjusted earnings guidance for fiscal 2022. David Paul Morris/Bloomberg Wall Street rarely like to talk about its bad calls, but BofA is now admit...
3 Companies Buffett Might Favor
Capital One Financial Getty Images Prominent stock pickers are often asked to name a few of their favorites, with most rattling off some of their best performing selections. After all, who doesn’t wan...
Buy Verizon Stock for a Turnaround and Its Big Dividend, Says Analyst
Text size The Verizon logo is seen at a Verizon Wireless store in San Francisco. Justin Sullivan/Getty Images Oppenheimer believes Verizon Communications stock is now too cheap to ignore. On Wednesday...