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Verizon Communications Inc (VZ)

VZ on New York Consolidated

50.60USD
24 Feb 2017
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$0.29 (+0.58%)
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Latest Key Developments (Source: Significant Developments)

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

Verizon announces content offering for NBCuniversal's coverage of Games of XXXI Olympiad
Thursday, 4 Aug 2016 10:00am EDT 

Verizon Communications Inc :Announced multi-platform content offering for nbcuniversal's coverage of games of xxxi olympiad to commence on aug 5.  Full Article

Verizon Digital Media Services partners with Airtel to launch new points of presence
Tuesday, 2 Aug 2016 06:00am EDT 

Verizon Digital Media Services : Verizon Digital Media Services partners with Airtel to further expand into India with four new points of presence .  Full Article

Verizon to acquire Fleetmatics
Monday, 1 Aug 2016 08:00am EDT 

Verizon Communications Inc : Verizon to acquire Fleetmatics . Deal for $2.4 billion . Deal is expected to close in Q4 of 2016 . Deal for $60.00 per share in cash .Fleetmatics cancels previously scheduled quarterly conference call.  Full Article

Verizon Communications files for floating rate notes offering
Wednesday, 27 Jul 2016 08:55am EDT 

Verizon Communications Inc :Files for floating rate notes offering; size not disclosed - Sec filing.  Full Article

Fitch affirms Verizon's IDR at 'A-' Outlook stable
Tuesday, 26 Jul 2016 05:34pm EDT 

Verizon Communications Inc :Fitch affirms Verizon's IDR at 'A-'; Outlook stable.  Full Article

Verizon Communications reports Q2 earnings per share $0.17
Tuesday, 26 Jul 2016 06:45am EDT 

Verizon Communications Inc : Verizon reports 2Q results, reflecting continued strong operations while advancing key strategic and financial initiatives . Q2 revenue $30.5 billion versus I/B/E/S view $30.94 billion . Q2 adjusted non-GAAP earnings per share $0.94 excluding items . Q2 earnings per share $0.17 . Q2 earnings per share view $0.92 -- Thomson Reuters I/B/E/S . 2016 adjusted earnings to be at a level comparable to 2015, excluding 7-cent-per-share impact of 2016 work stoppage . Verizon Communications Inc sees 2016 consolidated capital spending between $17.2 billion and $17.7 billion . Sees minimum pension funding requirement of approximately $550 million in 2016 . Year 2017 consistent with GDP growth for that year . Second-quarter 2016 EPS also includes non-operational expenses of $1.1 billion after taxes, or 27 cents per share . Fy2016 earnings per share view $3.88 -- Thomson Reuters I/B/E/S . Fy2017 revenue view $127.81 billion -- Thomson Reuters I/B/E/S . Non-operational expenses of $1.1 billion after taxes in connection with early debt redemption and tender offers for quarter . Qtrly retail postpaid churn at a low 0.94 percent in second-quarter 2016, a year-over-year increase of 4 basis points.  Full Article

More From Around the Web

Fitch Downgrades Frontier Communications' to 'BB-'; Maintains Negative Outlook

(The following statement was released by the rating agency) CHICAGO, February 22 (Fitch) Fitch Ratings has downgraded the Issuer Default Rating (IDR) of Frontier Communications Corp. (Frontier, NYSE: FTR) and its subsidiaries to 'BB-' from 'BB'. The Rating Outlook remains Negative. Additionally, Fitch has affirmed the first mortgage bonds at Frontier Southwest Inc. and has revised the long-term issue ratings of Frontier and other subsidiaries as listed at the end of this release. KEY RATING