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Zacks News
Verizon Communications Inc. was formed through the merger of Bell Atlantic and GTE Corp. The company offers communication services in the form of local phone service, long distance, wireless and data services. In Jan 2006, Verizon completed its merger with MCI Corporation, a leader in long distance and data networking. With the acquisition of Alltel Wireless Corp. in early 2009, Verizon has surpassed AT&T Inc. as the largest wireless carrier in the North America, serving millions of customers nationwide. With the ramp-up of 5G service across the country, Verizon is likely to retain its lead in promulgating 5G mobile networks nationwide by using virtualized machines, advanced levels of operational automation and adaptability. Effective second-quarter 2019, the company has reorganized its operating segments under its new operating structure dubbed Verizon 2.0.
Will Cornavirus-Induced Woes Hurt Verizon's (VZ) Q2 Earnings?
by Zacks Equity Research
Despite a healthy momentum in its wireless business, disruptions caused by the COVID-19 pandemic are likely to have affected Verizon's (VZ) second-quarter revenues.
Buy Verizon Stock Ahead of Q2 Earnings, Stay for the Dividend?
by Benjamin Rains
Verizon is in the midst of its 5G rollout, it completed its acquisition of a Zoom challenger back in May, and some of its other fundamentals might make it an attractive pick during the pandemic and beyond...
Verizon Communications (VZ) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Verizon Communications (VZ) closed at $55.87, marking a -0.76% move from the previous day.
Quiet Week Could be the Calm Before the Storm
by David Borun
A busy week of earnings reports and Congressional stimulus talks has t
Verizon Communications (VZ) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
by Zacks Equity Research
Verizon (VZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will Top-Line Contraction Undermine AT&T's (T) Q2 Earnings?
by Zacks Equity Research
AT&T (T) is likely to have recorded lower revenues year over year in the second quarter due to coronavirus-induced turmoil, foreign currency headwinds and continued infrastructure investments for 5G deployment.
What To Expect From The Crazy Earnings Season Ahead
by Daniel Laboe
Are Netflix's disappointing results a foreshadowing of what is to come from the most parabolic tech stocks this earnings season?
ETFs to Buy as Netflix Tops Disney Ahead of Q2 Earnings
by Sweta Killa
The outperformance for Netflix is expected to continue given that the company has strong chances of beating estimates for the second quarter and witnessed positive earnings estimate revisions.
US Firms Step Up Investments for Reboot: Destination India
by Supriyo Bose
With a burgeoning online population, India offers a lucrative market for blue-chip U.S. firms for a mutually beneficial relationship.
Four Corners Continues Expansion, Adds Carrabba's Property
by Zacks Equity Research
Four Corners' (FCPT) recent acquisitions come as part of its efforts to capitalize on solid expansion opportunities, backed by balance-sheet strength.
Verizon Communications (VZ) Stock Moves -0.07%: What You Should Know
by Zacks Equity Research
Verizon Communications (VZ) closed the most recent trading day at $54.45, moving -0.07% from the previous trading session.
Telecom Stock Roundup: AT&T Boosts Private Network, Verizon Focuses on Ads & More
by Supriyo Bose
While AT&T (T) powers the private cellular network of Phillips 66, Verizon (VZ) initiates more customer engagements in the Shark Experience platform.
3 Cell Tower REITs in Focus as Demand for 5G Accelerates
by Devyani Chamria
Cell tower fundamentals are solid and coronavirus-induced stay-at-home environment is accelerating the need for development of faster 5G networks, making tower REITs the hottest play in real estate.
Facebook's Ad-Related Problems Continue
by Zacks Equity Research
Facebook's Ad-Related Problems Continue.
Facebook Faces Boycott Standoff
by Mark Vickery
Mark Zuckerberg and Sheryl Sandberg yesterday held a virtual roundtable meeting via Zoom with heads of organizations compiled to form the "Stop Hate for Profit" campaign.
Four Corners on Buyout Spree, Adds LongHorn Steakhouse Asset
by Zacks Equity Research
Four Corners' (FCPT) buyouts are part of its efforts to leverage on solid acquisition opportunities, backed by balance-sheet strength, and fuel portfolio growth.
Verizon Communications (VZ) Stock Moves -0.36%: What You Should Know
by Zacks Equity Research
In the latest trading session, Verizon Communications (VZ) closed at $55.04, marking a -0.36% move from the previous day.
Verizon Boosts Shark Experience With Customer Engagements
by Zacks Equity Research
Verizon (VZ) is enabling more customer engagements in Shark Experience to help advertisers reach to a greater pie of consumers.
Four Corners Continues Acquisition Spree With $1.8M Purchase
by Zacks Equity Research
Four Corners' (FCPT) buyouts come as part of its efforts to capitalize on acquisition opportunities on balance-sheet strength, and boost its portfolio growth.
Facebook's Ad Controversy Continues
by Sejuti Banerjea
Zuckerberg is taking a tough stand on the obvious, he could have been more agreeable.
T-Mobile (TMUS) Divests Sprint's Prepaid Business to DISH
by Zacks Equity Research
T-Mobile (TMUS) fulfills a major commitment made to the Department of Justice and the Federal Communications Commission as part of the merger.
Telecom Stock Roundup: Verizon Boycotts Facebook Ads, Nokia Inks New 5G Deal & More
by Supriyo Bose
While Verizon (VZ) boycotts advertising campaigns in the social media platform of Facebook, Nokia (NOK) secures 5G deal with Taiwan Mobile.
Verizon Communications (VZ) Gains But Lags Market: What You Should Know
by Zacks Equity Research
In the latest trading session, Verizon Communications (VZ) closed at $55.13, marking a +0.8% move from the previous day.
Verizon Partners Cooler Screens to Power Digital Ad in Retail
by Zacks Equity Research
Verizon (VZ) will power Cooler Screens' digital media and advertising platform through LTE connectivity, IoT condition-based monitoring, integrated service desk and field services support.
Stock Market News for Jun 29, 2020
by Zacks Equity Research
Benchmarks tumbled on Friday after several U.S. states rolled back some reopening measures due to the spike in new coronavirus cases, raising investors??? concern regarding economic recovery.