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The Latest Breaking News from Verizon Communications Inc

Here's How Verizon Plans To Beat Inflation

Verizon Communications Inc (NYSE:VZ) is considering raising prices for wireless services to pass along inflation-related costs to consumers, Bloomberg reports. Hans Vestberg, Verizon's chief, raised the prospect of boosting prices on an April call with investors. Recently AT&T Inc's (NYSE:T) hiked older calling plans by $6 or more. However, Verizon might introduce a higher-priced unlimited plan…

FAA Requires US Airlines To Upgrade And Replace Radio Altimeters: Reuters

FAA Requires US Airlines To Upgrade And Replace Radio Altimeters: Reuters

The Federal Aviation Administration (FAA) plans to meet with telecom and airline industry officials to discuss a campaign to modify and eventually replace some airplane radio altimeters that could face interference from C-Band 5G wireless service, Reuters reported. The altimeters provide data on a plane's height above the ground and are…

AT&T Gets More Love From Analysts Versus Verizon Post Q1 Performance

AT&T Gets More Love From Analysts Versus Verizon Post Q1 Performance

Analysts listed their reasons for preferring AT&T Inc (NYSE: T) over Verizon Communications Inc (NYSE: VZ) post Q1.

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Why Verizon Shares Are Falling

Verizon Communications Inc. (NYSE: VZ) shares are trading lower by 4.23% at $49.72 after Goldman Sachs downgraded the stock from Buy to Neutral.

5 Stocks To Watch For April 22, 2022

Some of the stocks that may grab investor focus today are: Wall Street expects Verizon Communications Inc. (NYSE: VZ) to report quarterly earnings at $1.35 per share on revenue of $33.54 billion before the opening bell. Verizon shares rose 0.5% to $55.26 in after-hours trading.

Verizon Boosts Minimum Wage For New Employees

Verizon Communications Inc (NYSE:VZ) boosted the minimum wage for new employees to $20 an hour for Customer Service and $20 an hour for its Retail and Inside Sales employees. Verizon raised the minimum wage of existing employees on any of these teams who currently receive less than $20 an hour. The hike reflected…

AT&T vs. Verizon: Which Telecom Stock is a Better Buy?

In this article I will analyze and compare AT&T (T) and Verizon Communications (VZ) to determine which telecom stock is currently a better investment.

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Why You Should Continue to Avoid the 3 Underperforming Dow Jones Stocks: Disney, Home Depot, and Verizon

Why You Should Continue to Avoid the 3 Underperforming Dow Jones Stocks: Disney, Home Depot, and Verizon

Although the Dow Jones index has recovered from its mid-March lows, certain constituent stocks have been underperforming of late due to their companies’ weak financials and bleak growth prospects. Thus, we think it advisable to avoid adding underperforming Dow Jones stocks Walt Disney (DIS), Home Depot (HD), and Version (VZ)…

Read Apple's Latest Push To Activate Cellular Plans From Device

Read Apple's Latest Push To Activate Cellular Plans From Device

Now the new Apple Inc (NASDAQ:AAPL) iPhone SE buyers choosing AT&T Inc (NYSE:T) or T-Mobile US Inc (NASDAQ:TMUS) can enter the data and connect to their carrier when they power on the device, Bloomberg reports. The “on-device authentication” process will begin in stores on March 29 and will likely take the edge off the customer service by…

Apollo Looks To Merge Yahoo Sports With Betting Companies

Apollo Looks To Merge Yahoo Sports With Betting Companies

Apollo Global Management Inc (NYSE:APO) is discussing with sports betting companies to merge their assets with Yahoo Sports, CNBC reports. Apollo acquired Yahoo from Verizon Communications Inc (NYSE:VZ) for $5 billion in 2021. Yahoo has spoken with is Australia-based Pointsbet Holdings Ltd (OTC:PBTHF), which has a market valuation of about $760 million. Apollo and Yahoo are considering merging…

Here's Why Verizon, BlackRock Collaborated

Here's Why Verizon, BlackRock Collaborated

Verizon Communications Inc (NYSE:VZ) looks to build a private 5G network for BlackRock Inc at its new Hudson Yards headquarters, juicing up rivalry with AT&T Inc (NYSE:T) and T-Mobile US Inc (NASDAQ:TMUS). Verizon said that the new 5G wireless technology could replace Wi-Fi and give BlackRock the ability to use applications like virtual reality and edge computing that require…

Analysts Remain Divided On Verizon Post Q4 Results

Analysts Remain Divided On Verizon Post Q4 Results

Analysts had mixed views on Verizon Communications Inc (NYSE:VZ) post Q4 earnings. Deutsche Bank analyst Bryan Kraft raised the price target on Verizon to $59 from $57 (15% upside) and reiterated a Hold rating on the shares. The analyst sees about 8% upside in the stock over the next 12 months, with the target increasing…

Verizon Q4 Earnings Beat Consensus; Sees FY22 EPS Above Expectations

Verizon Q4 Earnings Beat Consensus; Sees FY22 EPS Above Expectations

Verizon Communications Inc (NYSE:VZ) reported a fourth-quarter FY21 sales decline of 1.8% year-on-year, to $34.1 billion, beating the consensus of $33.9 billion. Adjusted EPS of $1.31 beat the consensus of $1.29. Total Verizon Consumer revenue grew 7.4% Y/Y to $25.7 billion, driven by strong demand for its higher-tier premium mobility and broadband offerings.…

Here's Why Tigress Financial Remains Bullish On Verizon

Here's Why Tigress Financial Remains Bullish On Verizon

Tigress Financial analyst Ivan Feinseth raised the price target on Verizon Communications Inc (NYSE:VZ) to $68 from $67 and reiterated a Buy rating on the shares. The price target implies an upside of 27%. The analyst believes accelerating momentum in wireless and broadband will drive further share price gains for the company. Verizon continues to…

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