Many investment managers have a hard time beating the S&P 500. Not Bill Miller. When he ran Legg Mason Capital Management's Value Trust, Miller delivered higher returns than the S&P 500 for 15 consecutive years, from 1990 to 2005.Miller founded Miller Value Partners and served as its chairman and chief investment officer through May 2023. He passed the baton to his son, Bill Miller IV, who is carrying on the family legacy.Miller Value Partners' investment portfolio includes 34 stocks. The hedge fund added o ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Verizon sees more data usage on race day than any other U.S. event in 2025INDIANAPOLIS, May 29, 2025 (GLOBE NEWSWIRE) -- The 2025 Indianapolis 500 race set a new milestone for data usage and connection at the Indianapolis Motor Speedway on the Verizon network. In just one day, inside the Indianapolis Motor Speedway, a total of 172 terabytes (TB) of data was used on the Verizon network, more than we’ve ever seen on the network at this race and one of the highest data usage events Verizon has ever recorded. “ ...

Verizon Communications Inc. (NYSE:VZ) Bernstein 41st Annual Strategic Decisions Conference May 29, 2025 8:00 AM ET Company Participants Sowmyanarayan Sampath - CEO, Consumer Group Conference Call Participants Laurent Yoon - Bernstein Laurent Yoon We'll give everyone maybe another minute or so. And then since this is the first session of the morning, we'll start, we'll get it going in about a minute. Okay. Let's get this started. I'm Laurent Yoon. I am U.S. Media and Telecom Analyst at Bernstein. It is my gr ...

Financial Data and Key Metrics Changes - The competitive intensity in the market has increased, with gross adds showing double-digit growth on the postpaid phone side [6][10] - The company has seen a slight increase in churn due to price hikes and competitive pressures, but expects to return to a business-as-usual (BAU) posture in the second half of the year [54][74] Business Line Data and Key Metrics Changes - The broadband and mobility businesses are identified as the two engines of growth, with a clear path to becoming the number one converged player in America [10][14] - The company aims to cover 40 million homes with fiber and continues to see strong momentum in its Fixed Wireless Access (FWA) product, targeting 8 to 9 million subscribers [13][24] Market Data and Key Metrics Changes - The switcher pool has increased, with both port-ins and port-outs rising, indicating a competitive environment [6][10] - The company has a strong position in the prepaid market, having gained market share over the last three quarters [37][38] Company Strategy and Development Direction - The company aims to be the number one converged player in America, focusing on both mobility and broadband [10][14] - The strategy includes leveraging AI for operational efficiencies and enhancing customer care, which is seen as a potential differentiator in the market [106][109] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the competitive landscape but believes the company's value proposition resonates well with customers [7][10] - The company expects to see continued growth in gross adds and a reduction in churn as it implements its strategies [54][74] Other Important Information - The company has committed to a million-plus new fiber offerings post-acquisition of Frontier, with a focus on reducing build costs through automation and AI [21][23] - Adjacent products and perks are becoming a significant part of the business, with a projected $2 billion run rate and mid-30% margins [78][81] Q&A Session Summary Question: What are the expectations for gross adds in the second half of the year? - Management expects gross add momentum to continue due to a strong value proposition and improved sales execution [56][61] Question: How does the company view the competitive landscape and its impact on ARPU? - The company does not aggressively pursue pre-to-post migration but focuses on serving customers well in the prepaid space, maintaining a premium mix [63][64] Question: What is the strategy for reducing churn? - A strong value proposition, cross-selling opportunities, and loyalty programs are key strategies for reducing churn [69][72] Question: How does the company leverage AI in its operations? - AI is used to enhance customer care, improve operational efficiencies, and provide personalized experiences [106][109]

Verizon Communications Inc. (NYSE:VZ) TD Cowen's 53rd Annual Technology, Media & Telecom Conference May 28, 2025 10:15 AM ET Company Participants Frank Boulben - CRO Conference Call Participants Gregory Williams - TD Cowen Gregory Williams Good morning. Welcome to day one of TD Cowen's 53rd Annual TMT Conference. My name is Greg Williams. I cover cable, wireless and Telco here at TD Cowen. I'm joined today by Frank Boulben, the CRO of Consumer Group of Verizon. So, Frank, welcome and thank you for coming. F ...

Verizon (VZ) FY 2025 Conference May 28, 2025 10:15 AM ET Speaker0 T. E. E. Cowen. I'm joined, today by Frank Bulbin, the CRO of Consumer Group, Verizon. So, Frank, welcome and thank you for coming. Speaker1 Thank you. Great to be here. Speaker0 So Frank, can you just provide an overview of your roles and responsibilities at Verizon and and what you're currently focused on these days? Speaker1 Sure. But before I do that, I need to refer to our safe harbor statement. Let you enough time to read it on the scre ...

NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Sowmyanarayan Sampath, executive vice president for Verizon (NYSE, Nasdaq: VZ), and CEO for Verizon Consumer, is scheduled to speak at the Bernstein Strategic Decisions Conference on Thursday, May 29, at 8:00 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors. For details on Verizon's most recent financial results, view the company's 1Q25 earnings results here. Verizon Co ...

Company Overview - Verizon Communications Inc. generated revenues of $134.8 billion in 2024, serving millions of customers globally and nearly all of the Fortune 500 [3]. Upcoming Events - Frank Boulben, senior vice president and chief revenue officer for the Consumer Group of Verizon, is scheduled to speak at the Cowen Technology, Media & Telecom Conference on May 28, 2025, at 10:15 a.m. ET, with his remarks available via webcast [1]. Financial Information - For details on Verizon's most recent financial results, the company's 1Q25 earnings results are available [2].

BASKING RIDGE, N.J., May 22, 2025 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) has announced preliminary results of the shareholder vote at its annual meeting, which was held today in a virtual-only format. Verizon’s shareholders elected each of Verizon’s 10 directors to a one-year term. Shareholders also voted in favor of two management proposals: Approved the compensation of the company’s named executive officers as described in the 2025 proxy statement; andRatified the appointment o ...