Edition:
United States

Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

49.75USD
5 Dec 2016
Change (% chg)

$-0.06 (-0.12%)
Prev Close
$49.81
Open
$49.75
Day's High
$50.08
Day's Low
$49.74
Volume
3,877,551
Avg. Vol
3,565,358
52-wk High
$56.94
52-wk Low
$43.79

Latest Key Developments (Source: Significant Developments)

Verizon is closing call centers in five states, including home state of New York - NYT
Thursday, 13 Oct 2016 08:20am EDT 

Verizon Communications Inc : Verizon is closing call centers in five states, including its home state of new york - NYT .Verizon consolidation of call centers will impact about 3,200 workers near Rochester and New York City; Bangor, Maine; Lincoln, Nebraska; Wallingford and Meridan, Connecticut, and Rancho Cordoba, California- NYT.  Full Article

Verizon is pushing for a $1 bln discount off its pending $4.8 bln agreement to buy Yahoo - NY Post, citing several sources
Thursday, 6 Oct 2016 06:00pm EDT 

:Verizon is pushing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo - NY Post, citing several sources.  Full Article

AOL and American Family Insurance sign 360° and virtual reality video partnership
Monday, 26 Sep 2016 05:52am EDT 

Verizon Communications Inc :AOL and American Family Insurance sign 360° and virtual reality video partnership.  Full Article

Yahoo says information associated with at least 500 mln user accounts stolen
Thursday, 22 Sep 2016 02:43pm EDT 

Yahoo Inc : An important message to yahoo users on security . Yahoo is notifying potentially affected users and has taken steps to secure their accounts . Yahoo Inc Says Investigation Has Found No Evidence That State Sponsored actor is currently in Yahoo's network . Yahoo is working closely with law enforcement on the matter . Yahoo Inc says "is also recommending that users who haven't changed their passwords since 2014 do so" . Steps to secure accounts include invalidating unencrypted security questions and answers so that they cannot be used to access an account . Steps to secure accounts also include asking potentially affected users to change their passwords . Account information stolen may have included names, email addresses, telephone numbers, dates of birth, hashed passwords . Yahoo Inc says Yahoo believes that information associated with at least 500 million user accounts was stolen . Recent investigation by yahoo has confirmed that a copy of certain user account information was stolen from network in late 2014 . Encourages users to review their online accounts for suspicious activity . Ongoing investigation suggests stolen information did not include unprotected passwords, payment card data, or bank account information . Encourages users to change their password and security questions and answers for any other accounts.  Full Article

Verizon Communications files for offering of $2.06 mln of notes
Friday, 2 Sep 2016 05:06pm EDT 

Verizon Communications Inc : Files for offering of $2.06 million of notes due 2046 - SEC filing Source: (http://bit.ly/2c1avA2) Further company coverage: [VZ.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Verizon- new CFO's base salary to increase to $700,000
Thursday, 1 Sep 2016 04:46pm EDT 

Verizon Communications Inc :New CFO Matthew Ellis base salary will increase to $700,000, target short-term incentive opportunity will increase from 90% to 150% of base salary.  Full Article

Verizon Communications files for potential mixed shelf
Thursday, 1 Sep 2016 04:30pm EDT 

Verizon Communications Inc : Files for potential mixed shelf; size not disclosed - SEC filing Source: (http://bit.ly/2bYIHMu) Further company coverage: [VZ.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Verizon declares qtrly dividend of 57.75 cents/share
Thursday, 1 Sep 2016 01:36pm EDT 

Verizon Communications Inc :Declared a qtrly dividend of 57.75 cents per outstanding share, an increase of 1.25 cents per share, or 2.2 percent, from previous quarter.  Full Article

Verizon says launched LTE advanced technology to bring faster data speeds
Monday, 29 Aug 2016 11:50am EDT 

Verizon Communications Inc : Launched LTE Advanced Technology To Bring 50 Percent Faster Peak Wireless Data Speeds To More Than 288 Million People In 461 Cities Source (http://vz.to/2byeWQ6) Further company coverage: [VZ.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Arianna Huffington, co-founder, editor-in-chief of Huffington Post, to leave AOL-owned site in coming weeks - WSJ
Thursday, 11 Aug 2016 07:30am EDT 

: Arianna Huffington, Founder, editor-in-chief of Huffington Post, to leave AOL-owned site in coming weeks - WSJ Source (http://on.wsj.com/2b8m7lv) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Photo

FCC approves Verizon acquisition of Icahn's XO Communications

WASHINGTON The U.S. Federal Communications Commission has approved Verizon Communications Inc's $1.8 billion acquisition of Carl Icahn's XO Communications fiber-optic business, an agency order published on Thursday said.