Verizon Communications (VZ) - NYSE
  • Nov. 16, 2011, 10:35 AM

    Verizon Wireless (VZ, VOD) has a big lead on AT&T (T) when it comes to 4G LTE coverage, and it looks like it  won't be going away anytime soon. Verizon says its LTE coverage will soon reach 179 markets. By contrast, AT&T's LTE coverage will only reach 15 markets by the end of the month. In addition, Verizon will be able to offer the LTE-enabled Galaxy Nexus and Droid Razr to customers.

    | Nov. 16, 2011, 10:35 AM | 4 Comments
  • Nov. 13, 2011, 8:35 PM
    Barron's gives a plug for Corning (GLW) over the weekend, noting the LCD glassmaker trades for little more than book value, and insiders are buying shares. It's also declaring Vodafone (VOD) a buy on account of its emerging-markets exposure, high dividend yield (6.7%), and 45% stake in Verizon Wireless (VZ), among other factors.
    | Nov. 13, 2011, 8:35 PM | 1 Comment
  • Nov. 10, 2011, 11:11 AM

    China Telecom (CHA) says it will begin selling wireless service in the U.S. early next year, with the goal of targeting Chinese-Americans, students, and those who travel often between the U.S. and China. Given that China Telecom runs an EV-DO 3G network, it might strike a partnership with Sprint (S) or Verizon Wireless (VZ, VOD), both of whom also rely on EV-DO.

    | Nov. 10, 2011, 11:11 AM | 2 Comments
  • Nov. 9, 2011, 5:28 PM

    UBS refreshes its list of 15 most shorted stocks based on the highest concentration of its clients. Blue chips Johnson & Johnson (JNJ) and Citigroup (C) are newcomers to the list. Others: AET, LEN, PANL, NFLX, GMCR, ESRX, CMG, CRM, KMX, LLTC, AMZN, VZ.

    | Nov. 9, 2011, 5:28 PM | 1 Comment
  • Nov. 8, 2011, 1:21 PM

    A recap of the earnings reports of pay-TV providers finds U.S. cable providers CMCSA, TWC, CHTR, and CVC lost a combined 379K video subscribers in Q3. However, telcos T and VZ added 307K video subs between them. Satellite was a mixed bag, with DTV's 327K U.S. subscriber gain offsetting DISH's 111K loss.

    | Nov. 8, 2011, 1:21 PM
  • Nov. 1, 2011, 2:47 PM

    Alcatel-Lucent (ALU -7.7%) is among the hardest-hit Euro tech names, thanks to downgrades from JPMorgan and MKM Partners. JPMorgan is worried about the profits lost by the recent sale of Alcatel's call-center software business, and echoes Jefferies' concerns about declining EV-DO equipment sales. MKM, meanwhile, thinks T and VZ's weak capex is a problem.

    | Nov. 1, 2011, 2:47 PM
  • Oct. 31, 2011, 11:21 AM

    AT&T (T) plans to begin selling its first 4G LTE phones on Sunday, with one of the two devices a 4G variant of Samsung's Galaxy S II. The phones will allow AT&T to catch up a bit to Verizon (VZ, VOD), which began offering LTE phones earlier this year. But Verizon still has a big lead in LTE network coverage.

    | Oct. 31, 2011, 11:21 AM
  • Oct. 31, 2011, 8:26 AM

    Quick take on HTC's Q3: While Samsung's growth may be affecting HTC, the company's soft guidance is likely to boost fears of slowing Western smartphone demand - fears recently stoked by AAPL's iPhone shortfall, and T and VZ's soft smartphone sales. Qualcomm's (QCOM) FQ4 report, due tomorrow, could provide confirmation of a slowdown.

    | Oct. 31, 2011, 8:26 AM
  • Oct. 26, 2011, 11:49 AM

    Anadigics (ANAD +15.5%), a maker of mobile phone power amplifiers, rallies strongly after posting Q3 revenue of $37.3M (-39% Y/Y) and EPS of -$0.12, beating consensus by $1.4M and $0.03. Anadigics has been bleeding share, as Sprint (S) and Verizon's (VZ) rollout of 4G networks leads to declining shipments of the company's 3G EV-DO amplifiers.

    | Oct. 26, 2011, 11:49 AM
  • Oct. 26, 2011, 9:46 AM

    Shares of RadioShack (RSH), down 11.3%, freefall after the company misses EPS and revenue estimates with its Q3 report. The company took a hit to earnings after costs tied to its transition to Verizon (VZ) Wireless prepaid and postpaid products dented gains in revenue. CEO Jim Gooch said in a CC that the shift to a wireless portfolio is "still a work in progress."

    | Oct. 26, 2011, 9:46 AM
  • Oct. 25, 2011, 10:24 AM
    Bernstein's Craig Moffett is slashing AT&T (T -1.8%) to Market Perform, while reiterating an Underperform on Verizon (VZ -0.9%). Moffett believes each telco is facing massive pension liabilities, with poor returns on cash making a bad situation worse. Growing pension expenses were a major factor behind 3M's (MMM -4.8%) guidance cut today.
    | Oct. 25, 2011, 10:24 AM
  • Oct. 24, 2011, 11:30 AM

    Nomura finds the valuation argument for Verizon (VZ -1.2%) "uncompelling," noting the company's above-peer growth and network superiority are already baked into its current stock price. Analysts with the firm maintain a Buy rating and $34 price target on shares.

    | Oct. 24, 2011, 11:30 AM | 1 Comment
  • Oct. 21, 2011, 1:54 PM
    Is U.S. smartphone demand slowing down? Morgan Keegan's Tavis McCourt notes AT&T (T) and Verizon's (VZ) smartphone sales declined Q/Q in Q3, with both iPhone (AAPL) and non-iPhone shipments falling. Smartphones now make up over half of all U.S. phone sales, and 45% of AT&T and Verizon postpaid subscribers have taken up smartphone plans.
    | Oct. 21, 2011, 1:54 PM | 1 Comment
  • Oct. 21, 2011, 9:03 AM

    More on Verizon's (VZ) Q3: Wireless service revenue +6% Y/Y. 1.3M wireless subscribers added, including 882K retail postpaid (down from 2.2M and 1.3M in Q2). Retail ARPU +2.4% Y/Y to $54.89. Wireline revenue -1.3%, worse than Q2's 0.3% decline. 131K FiOS TV subscribers added, down from 184K in Q2. VZ -0.6% premarket. (PR)

    | Oct. 21, 2011, 9:03 AM
  • Oct. 21, 2011, 7:44 AM
    Verizon (VZ): Q3 EPS of $0.56 in-line. Revenue of $27.9B (+5.4% Y/Y) beats by $20M. Shares -1.2% premarket. (PR)
    | Oct. 21, 2011, 7:44 AM
  • Oct. 21, 2011, 12:05 AM

    Notable earnings before Friday's open: APD, DOV, GE, HAR, HON, KCI, KSU, MAN, MCD, SLB, STI, VZ

    | Oct. 21, 2011, 12:05 AM
Company Description
Verizon Communications Inc. operates as a holding company, which provides broadband, wireless and wireline communications services to consumer, business, government and wholesale customers. It operates through Wireless and Wireline segments. The Wireless segment provides communications products... More
Sector: Technology
Industry: Telecom Services - Domestic
Country: United States