UBS Maintains a 'Buy' on Verizon Communications (VZ); Dividend Increase is First Catalyst
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Oppenheimer on Communication and Cloud Services: Updating 2H12 Wireless Estimates
September 7, 2012 9:50 AM EDTOppenheimer on Communication and Cloud Services: Updating 2H12 Wireless Estimates
Analyst, Timothy Horan, said, "Apple (Nasdaq: AAPL) looks set to launch the iPhone 5 on September 21st, about two weeks earlier than we had previously modeled. As a result, we are shifting... More
Nokia (NOK) Ticks Higher; Investors Eye China as Key Growth Market for WP Devices
September 7, 2012 7:45 AM EDTNokia (NYSE: NOK) shares are indicated higher Friday amid reports it might experience resounding success in one of the world's rapidly growing smartphone markets.
According to ChinaDaily.com, Nokia's debut of Microsoft (Nasdaq: MSFT) Windows Phone-based devices in March was significantly later than releases in... More
Market Wrap: 'Super' Mario Draghi Powers-Up; Amazon's Amazin' Tablets; AIG Buys Back; Verizon/Nokia Team-Up
September 6, 2012 5:18 PM EDTMarket wrap-up for September 6th
End of the Day: Dow Jones up 244.5 to 13,292.00; S&P 500 up 28.7 to 1,432.12; Nasdaq up 66.5 to 3,135.81
The following is a brief summary of events moving markets today:Warping to level 'awesome': Mario "Super Mario" Draghi, part-time planet-hopping, mustachioed plumber/full-time ECB president, announced an unlimited bond-buying plan that will target distressed debt in the euro zone. He also called on other euro-area leaders to take a stand and be prepared "to activate the EFSF/ESM in the bond market... More
Verizon (VZ) Raises Quarterly Dividend 3% to $0.515; Yields 4.7%
September 6, 2012 1:31 PM EDTVerizon Communications, Inc. (NYSE: VZ) declared a quarterly dividend of $0.515 per share, or $2.06 annualized. This is a 3% increase from the prior dividend of $0.50.
The dividend will be payable on November 1, 2012, to stockholders of record on October 10, 2012, with an ex-dividend date of October 5, 2012.... More
