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Why Verizon Stock Was Wilting on Wednesday
The Motley Fool· 2024-09-04 19:59
It's allegedly in advanced talks to acquire a sizable peer.Is Verizon Communications (VZ -3.60%) about to open its wallet for a massive new acquisition?That was the scuttlebutt on the stock market Wednesday, and on potential news that the incumbent telecom might spend a pretty penny for a deal, investors traded out of its shares. In late-session trading Verizon's price was down by nearly 4%, a more dramatic slide than the 0.4% sag of the S&P 500 index at the point.A potential deal that could easily top $10 ...
Verizon Chairman & CEO to speak at Goldman Sachs conference September 9
GlobeNewswire News Room· 2024-09-04 18:00
NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Hans Vestberg, Chairman and CEO of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Goldman Sachs Communacopia + Technology Conference on Monday, September 9, at 11:50 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors. Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand ...
Verizon Communications Inc. (VZ) Bank of America's 2024 Media, Communications and Entertainment Conference (Transcript)
Seeking Alpha· 2024-09-04 17:40
Verizon Communications Inc. (NYSE:VZ) Bank of America's 2024 Media, Communications and Entertainment Conference September 4, 2024 8:00 AM ET Company Participants Sowmyanarayan Sampath - President & CEO Conference Call Participants David Barden - Bank of America David Barden All right. Good morning, everybody. Thanks for joining us. I'm Dave Barden. I head up US and Canada Telecom and Comm Infrastructure Research, and we're getting started a couple minutes late, but I'm really happy to be able to kick off ou ...
Verizon Communications Inc. (VZ) Bank of America's 2024 Media, Communications and Entertainment Conference (Transcript)
2024-09-04 17:40
Verizon Communications Inc. (NYSE:VZ) Bank of America's 2024 Media, Communications and Entertainment Conference September 4, 2024 8:00 AM ET Company Participants Sowmyanarayan Sampath - President & CEO Conference Call Participants David Barden - Bank of America David Barden All right. Good morning, everybody. Thanks for joining us. I'm Dave Barden. I head up US and Canada Telecom and Comm Infrastructure Research, and we're getting started a couple minutes late, but I'm really happy to be able to kick off ou ...
Why Verizon Stock Topped the Market on Tuesday
The Motley Fool· 2024-09-03 21:11
It's very possible that any day now, the company will declare a dividend raise.On a down Tuesday for U.S. equities, incumbent telecom stock Verizon (VZ 2.75%) managed to land well in positive territory. On speculation that the company is about to raise its already considerable dividend, investors snapped up its shares. This pushed its stock price nearly 3% higher, on a day when the S&P 500 index was in the red with a more than 2% decline.Dividend raise on the way, say analystsThat morning, an analyst team a ...
Verizon to speak at BofA Securities Media, Communications & Entertainment Conference Sept. 4
GlobeNewswire News Room· 2024-08-30 18:00
NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Sowmyanarayan Sampath, Executive Vice President for Verizon (NYSE, Nasdaq: VZ), and CEO for Verizon Consumer, is scheduled to speak at the BofA Securities 2024 Media, Communications & Entertainment Conference on Wednesday, September 4, 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. Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in 2000 and is one ...
Verizon Launches Satellite-Messaging Service: Stock to Benefit?
ZACKS· 2024-08-29 18:06
Verizon Communications Inc. (VZ) recently announced that it had partnered with Skylo Technologies to enhance connectivity for the former’s customers by introducing a new satellite-based direct-to-device messaging service. This deal marks a strategic win for the U.S. telecommunication giant, showcasing its commitment to technological advancement in the nation.VZ’s Focus on Emergency ServicesVerizon has been at the forefront of integrating satellite technology with its services for rapid cell tower deployment ...
Verizon teams up with satellite service provider Skylo to launch direct-to-device messaging for customers
GlobeNewswire News Room· 2024-08-28 13:00
SAN FRANCISCO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Verizon, the nation’s largest wireless network provider, and Skylo, a pioneer in Non-Terrestrial Network (NTN) communications, have teamed up to launch a commercial direct-to-device messaging service for Verizon customers so they can stay connected wherever they are. Starting this fall, customers on certain smartphones have access to emergency messaging and location sharing even when a terrestrial cellular network is not available. Coming next year, Verizon w ...
Verizon remains ready through Hurricane Hone
GlobeNewswire News Room· 2024-08-25 20:00
IRVINE, Calif., Aug. 25, 2024 (GLOBE NEWSWIRE) -- As Hurricane Hone passes Hawaii, Verizon remains committed to keeping communities and first responders connected. Verizon's Response Team has prepared year-round to respond to extreme weather situations, like hurricanes, by taking part in emergency drills, fortifying the network infrastructure, and ensuring resources are mobilized for rapid response. “Our focus is on ensuring that when challenges arise, our network stands strong to support first responders a ...
Verizon Communications Stock Is Lagging the S&P 500, and This Is How Many Years It Has Been Since It Last Beat the Market
The Motley Fool· 2024-08-24 12:10
Could Verizon's stock be due for a big rally in 2025?Verizon Communications (VZ 0.83%) is a big name in telecommunications. It's one of the leading telecom providers, and for investors, it's also a reliable dividend stock to own. But one thing it hasn't typically been is a good growth stock or a market-beating investment to own. This year, its shares are up just 8%, which is mild compared with the S&P 500, which has rallied 17% thus far in 2024.Unfortunately, that has been par for the course for Verizon. Wh ...