Wireless Buy-in Would Cost Verizon (VZ) $100B and Create Dividend, Tax Questions
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
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Verizon (VZ) Sees 2.1M Postpaid Net Adds in Q4; Expects $1B Impact Related to Superstorm Sandy
January 7, 2013 5:05 PM ESTOn January 7, 2013, Lowell McAdam, Chairman and Chief Executive Officer of Verizon Communications Inc. (NYSE: VZ), provided an update on the Companys financial and operational performance at the Citi Global Internet, Media and Telecommunications Conference.
* Verizon Wireless expects to achieve 2.1 million retail postpaid net additions in the fourth quarter 2012; approximately 87 percent of postpaid phone sales were smartphones. For the full year, smartphone activations increased more than... More
Vodafone (VOD) Pops After Verizon (VZ) CEO Says Wants to End Joint Venture
January 7, 2013 3:38 PM ESTShares of Vodafone (Nasdaq: VOD) climbed on Monday after Verizon's (NYSE: VZ) CEO Lowell McAdam said the company was once again considering a buyout of its joint venture with Vodafone.
In 2000, the two firms teamed to create... More