HONOLULU, HI, Aug. 06, 2024 (GLOBE NEWSWIRE) -- To support ongoing wildfire relief efforts following last year’s tragic wildfires in Maui, Verizon is donating $10,000 to the Maui Food Bank. This funding will supply essential resources to Maui Food Bank’s program, Da Market, by enhancing the inventory of fresh produce, nutritious nonperishable items, and vital household goods. This ensures that families in West Maui affected by the wildfires have ongoing access to healthy and culturally appropriate food opti ...

IRVINE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- In response to recent wildfires in California and Oregon, Verizon is supporting relief and recovery efforts in communities that have been hardest hit by the fires. To support local firefighter needs during the current Lake Fire crisis near Santa Barbara, Verizon has donated $5,000 to the Santa Barbara Firefighters Alliance. Verizon has contributed $5,000 to the American Red Cross Gold Country Region to support relief and recovery efforts for Northern Califor ...

IRVINE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- In response to recent wildfires in California and Oregon, Verizon is supporting relief and recovery efforts in communities that have been hardest hit by the fires. To support local firefighter needs during the current Lake Fire crisis near Santa Barbara, Verizon has donated $5,000 to the Santa Barbara Firefighters Alliance. Verizon has contributed $5,000 to the American Red Cross Gold Country Region to support relief and recovery efforts for Northern Califor ...

Falling interest rates will have a big impact on Verizon.Verizon (VZ -2.86%) has been under pressure recently from rising interest payments on its debt load. But that could ease as interest rates fall. In this video, Travis Hoium quantifies just how important interest rates could be for Verizon's free cash flow.*Stock prices used were end-of-day prices of Aug. 3, 2024. The video was published on Aug. 5, 2024. ...

WASHINGTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- The Emergency Communications Division (ECD) of the Department of Homeland Security (DHS), Cybersecurity and Infrastructure Security Agency (CISA) has awarded Verizon Business a 10-year contract to provide Government Emergency Telecommunications Service (GETS) and Wireless Priority Service (WPS) valued at $176M. This contract, first awarded in 1993, positions Verizon as a key strategic partner in helping DHS improve mission-critical communication systems for nati ...

WASHINGTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- The Emergency Communications Division (ECD) of the Department of Homeland Security (DHS), Cybersecurity and Infrastructure Security Agency (CISA) has awarded Verizon Business a 10-year contract to provide Government Emergency Telecommunications Service (GETS) and Wireless Priority Service (WPS) valued at $176M. This contract, first awarded in 1993, positions Verizon as a key strategic partner in helping DHS improve mission-critical communication systems for nati ...

The telecom giant's recent earnings report didn't offer many surprises.Verizon Communications (VZ 0.29%) pays an incredibly high yield of 6.6% right now. This is not your typical yield from Verizon. But because investors turned bearish on the stock amid rising interest rates, the stock has fallen, and the yield has risen.When a yield gets this high, question marks often arise as to whether it is too good to be true, and whether it can really be safe. Let's take a closer look to see just how manageable the p ...

Verizon is a dividend-paying machine.Verizon (VZ 0.81%) has one of the highest dividend yields in the S&P 500 at over 6.5%. That puts it several times above the index's level of 1.3%. The concern is that a high dividend yield often signals that the payout is at a higher risk of reduction. However, that's not the case for the telecom stock's dividend. It's on an increasingly sustainable foundation, which has been on full display this year. Here's a look at the factors driving this view.Improving where it mat ...

NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Verizon Communications Inc. ("Verizon") ((NYSE, NASDAQ:VZ) today announced that it has amended the terms of its previously announced offers to exchange 10 outstanding series of notes (the "Old Notes") described in the Offering Memorandum dated July 22, 2024 (the "Offering Memorandum" and, together with the accompanying eligibility letter, the "Exchange Offer Documents") for newly issued notes of Verizon (the "New Notes") (the "Exchange Offers") to increase the spr ...

What you need to know: The Verizon Frontline Crisis Response Team deployed SPOT trailers and nearly 200 solutions at 15 different locations to provide first responders with mission-critical voice and data connectivity This effort is one of the Verizon Frontline Crisis Response Team's nearly 800 responses to requests for support from federal, state and local public safety agencies in 2024 HARDMAN, Ore., July 30, 2024 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Team recently deployed in support ...