|Bid||59.25 x 3200|
|Ask||59.42 x 1800|
|Day's Range||58.67 - 59.35|
|52 Week Range||47.13 - 61.58|
|Beta (3Y Monthly)||0.42|
|PE Ratio (TTM)||15.32|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||2.41 (4.21%)|
|1y Target Est||59.64|
JEFFERSON CITY, Mo., May 23, 2019 -- For our customers impacted by violent tornadoes in the Midwest, Verizon is saying “We’ve Got Your Back.” Beginning Friday, May 24 through.
Our military and first responders need reliable, secure connectivity. This mission-critical communications partnership expands capabilities for tactical and public safety operations, and improves connectivity for on-base tenant commands and residents.
The $26 billion deal to unite Sprint and T-Mobile secured the backing of the head of the FCC, but high hurdles remain to the deal securing final regulatory approval.
Verizon (VZ) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
5G is a faster wireless network, but it's much more than just that -- it will change the way devices connect and talk to one another. Wireless carriers and major tech companies are going all out to plan for it. It's also a factor in the U.S. trade war with China, and a new ban prevents U.S. companies from working with Huawei, even outside of the U.S. where its tech is already banned.
Rather than buying the entire BBB-rated debt segment, investors should pick and choose their spots with care, the bank says.
The Zacks Analyst Blog Highlights: Verizon Communications, AT&T, American Tower, Crown Castle International and SBA Communications
The U.S. Justice Department's antitrust division staff has recommended the agency block T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with the matter. While Justice Department staff balked at the merger, the Federal Communications Commission indicated on Monday it had reached an agreement in principle with the companies to allow the deal after the companies agreed to sell Sprint's prepaid brand Boost Mobile. The final decision on whether to allow two of the four nationwide wireless carriers to merge now lies with political appointees at the department, headed by antitrust division chief Makan Delrahim.
The restructured FCC under Trump's presidency has given enough indications of its leniency compared with the Obama administration.
As diehard fans around the world indulged in the final episode of Game of Thrones, here are some of the crucial numbers that brought together the award-winning series.
U.S. stocks dropped on Monday, as Washington's restrictions on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies. Apple Inc slumped 3.4%, weighing the most on the three main indexes and driving down the S&P 500 technology sector 1.51%, the biggest decliner among the six S&P sectors trading lower.
U.S. stocks fell on Monday, as Washington's crackdown on China's Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world's two largest economies. Apple Inc slumped 3.3%, weighing the most on the three main indexes and driving down the S&P 500 technology sector 1.27%, the biggest drop among the six S&P sectors trading lower.
Many investors assumed that federal antitrust regulators wouldn’t let the wireless market shrink to three major players from four. But the latest news from the FCC indicates otherwise.
T-Mobile (TMUS) and Sprint (S) plan to announce commitments to the federal government, including asset sales and rural-service guarantees, to secure regulatory approval for their $26.5 billion merger.
U.S. stocks fell on Monday, as a crackdown on China's Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an escalation in trade war between the two nations. Apple Inc slumped 3.84%, weighing the most on the three main indexes. U.S. suppliers of Huawei, including Qualcomm , Micron Technology and Broadcom Inc, fell about 5%, while the Philadelphia Semiconductor Index slid 2.88%, its lowest level in over two months.
Sprint Corp and T-Mobile US Inc has won the support of the chairman of the U.S. telecommunications regulator but will require a series of changes to their proposed $26 billion merger, including selling Sprint's Boost Mobile cell service. Federal Communications Commission (FCC) Chairman Ajit Pai said on Monday he will recommend that the other four commissioners vote to approve the merger. A second member of the five-person FCC, Commissioner Brendan Carr, a Republican, also said he will vote to approve the deal.
T-Mobile US Inc's $26 billion acquisition of rival Sprint Corp appeared to win the support of a majority of the Federal Communications Commission on Monday, in a significant step toward the deal's approval. FCC Chairman Ajit Pai, a Republican, came out in favor of the combination after the companies offered concessions, including selling Sprint's Boost Mobile prepaid cell service, as did FCC Commissioner Brendan Carr, a Republican. The five-member panel's third Republican, Mike O'Rielly, said he was "inclined to support" the proposed merger, even if he was not convinced of the need for all of the conditions announced by Pai.
Verizon is betting that customers will pay up for Samsung's new 5G smartphone. "We are seeing tens of thousands of customers taking it already," says CEO Hans Vestberg. Verizon is betting that customers will pay up for Samsung's new 5G smartphone, even though the price point is high and the technology's infrastructure is still being built up.