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Verizon Communications (VZ)

- NYSE
  • Feb. 10, 2011, 4:54 PM
    A teardown of the iPhone (AAPL) that Verizon Wireless (VZ, VOD) is offering (officially launching today) shows it's 9% cheaper to make than the AT&T (T) version, iSuppli reports. Looking inside the phone may hint at what's happening in iPhone 5. (previously)
    | Feb. 10, 2011, 4:54 PM | Comment!
  • Feb. 10, 2011, 3:42 PM
    Verizon Wireless (VZ -1%) began selling the iPhone in stores this morning, drawing surprisingly sparse crowds at Apple's (AAPL -1.2%) flagship Manhattan store. It's not as bad as it looks, Dan Frommer writes - sold-out pre-orders suggest plenty of interest in the Verizon iPhone - but the thin crowds likely are behind weakness in Apple shares today.
    | Feb. 10, 2011, 3:42 PM | Comment!
  • Feb. 9, 2011, 8:06 AM
    Apple's (AAPL) reportedly working on a new version of its iPad, with a front-facing camera and faster processor. The lighter, thinner device will initially be available through Verizon (VZ) and AT&T (T), but not through Sprint (S) or T-Mobile (DTEGY.PK).
    | Feb. 9, 2011, 8:06 AM | Comment!
  • Feb. 8, 2011, 3:12 PM
    Qualcomm (QCOM +1.8%) scores a "major design win" in iSuppli's preliminary tear-down of the new Verizon (VZ) iPhone (AAPL), sparking shares to new two-year highs. New smartphones and tablet devices also are expected to drive strong growth for Qualcomm, and growing demand for CDMA devices also boosts royalties for the company beyond chipset sales, given its broad reach of patents.
    | Feb. 8, 2011, 3:12 PM | Comment!
  • Feb. 4, 2011, 10:11 AM
    Verizon Wireless (VZ -0.7%) halts online iPhone (AAPL +0.6%) sales after what CEO Dan Mead calls "the most successful first day sales in the history of the company... And when you consider these initial orders were placed between the hours of 3 a.m. and 5 a.m., it is an incredible success story." (PR)
    | Feb. 4, 2011, 10:11 AM | 2 Comments
  • Feb. 3, 2011, 4:44 PM
    Verizon (VZ), facing a jump in data consumption as it begins selling iPhones (AAPL), says it will prevent users from downloading entire videos at once and may start slowing down the data connection of its heaviest users when its network is stressed. The limitations would apply only to customers now signing up for new or renewal contracts.
    | Feb. 3, 2011, 4:44 PM | Comment!
  • Feb. 3, 2011, 2:10 PM
    A few glitches are reported on the first day Verizon (VZ) customers can pre-order the iPhone (AAPL) via Verizon’s website. WSJ's Walt Mossberg and NYT's David Pogue each give a thumbs-up to Verizon's version of the iPhone in their respective reviews, citing better voice reception and fewer dropped calls than the AT&T (T) model. Mossberg warns that AT&T seems to offer faster downloads.
    | Feb. 3, 2011, 2:10 PM | Comment!
  • Feb. 3, 2011, 1:08 PM
    The new normal for AT&T (T): Now that the iPhone (AAPL) is seeing other people (VZ, VOD), AT&T hails the upcoming Atrix from Motorola (MMI) - an Android (GOOG) phone - as "the world's most powerful smartphone." Would that have happened last year? (previously)
    | Feb. 3, 2011, 1:08 PM | 2 Comments
  • Feb. 3, 2011, 11:11 AM
    Verizon (VZ +0.8%) will buy back up to 100M shares ($3.6B worth) in a refresher of its repurchase authorization program. The company has about 2.8B shares outstanding.
    | Feb. 3, 2011, 11:11 AM | Comment!
  • Feb. 2, 2011, 5:35 PM
    Verizon (VZ) will start taking preorders for the iPhone on Thursday, and Apple (AAPL) will kick off online sales Feb. 9 and hit store shelves the next day. A basic voice plan including 450 minutes will cost $40/month, a voice and text plan including unlimited text messages will start at $60/month, and a separate data plan for getting e-mail and the Web will cost $30/month.
    | Feb. 2, 2011, 5:35 PM | Comment!
  • Feb. 1, 2011, 5:55 PM
    UBS lists 15 stocks their clients are shorting heavily right now: FSLR, GMCR, CIEN, JNJ, CRM, BBBB, GCI, NFLX, ROVI, SLG, VZ, X, BAC, HOT, CREE.
    | Feb. 1, 2011, 5:55 PM | 3 Comments
  • Feb. 1, 2011, 10:30 AM
    Samsung's (SSNLF.PK) Galaxy Tab isn't having the kind of debut company execs had hoped for. Samsung may have shipped 2M Galaxy Tabs to retailers last quarter, but Samsung admits sales have been 'quite small.' Worse than that, the consumer return rate is hovering around 16% vs. a 2% return rate for the iPad at Verizon.
    | Feb. 1, 2011, 10:30 AM | Comment!
  • Jan. 31, 2011, 3:59 PM
    With Verizon's (VZ -0.1%) buyout of Terremark (TMRK +0.1%) potentially changing the cloud game, the CEO of rival Savvis (SVVS +1.6%) admits he doesn't know if his firm will be in standalone mode in 12 months. "It’s very difficult to say," he says. "But right now, we’re running business just like we did last week."
    | Jan. 31, 2011, 3:59 PM | Comment!
  • Jan. 31, 2011, 3:29 PM
    UBS launches Motorola Mobility (MMI -6.2%) coverage with a Hold, given the firm's long-term success is iffy in this Darwinian wireless market. Motorola's new products will only "somewhat offset" the challenges posed by the upcoming iPhone 5 (AAPL +0.7%) and iPad 2, and Verizon's (VZ -0.5%) new status as an Apple supplier.
    | Jan. 31, 2011, 3:29 PM | Comment!
  • Jan. 31, 2011, 9:28 AM
    Nokia's (NOK +0.6%) Symbian OS is no longer the leading worldwide smartphone platform. In Q4 2010, Google (GOOG) became number 1, with Android-based smartphone shipments hitting 33M - compared to 31M Symbian-based devices. But it's a big pie: 101M smartphones shipped in Q4, a growth rate of 90% from Q4 2009.
    | Jan. 31, 2011, 9:28 AM | Comment!
  • Jan. 28, 2011, 4:18 PM
    The FCC files motions to dismiss challenges to its net neutrality rules, calling the claims premature. Last week Verizon (VZ) sued the FCC, claiming it had no right to oversee the web. But Verizon "filed too early," says an FCC official.
    | Jan. 28, 2011, 4:18 PM | Comment!
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Company Description
Verizon Communications Incis a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its two segments are Wireless and Wireline.