Edition:
United Kingdom

Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

57.09USD
18 Jan 2019
Change (% chg)

$0.26 (+0.46%)
Prev Close
$56.83
Open
$56.92
Day's High
$57.46
Day's Low
$56.84
Volume
5,954,795
Avg. Vol
5,168,585
52-wk High
$61.58
52-wk Low
$46.09

Latest Key Developments (Source: Significant Developments)

TiVo Says Verizon Extends Agreement Over Personalized Content Discovery Platform
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - TiVo Corp ::VERIZON EXTENDS PARTNERSHIP WITH TIVO TO DELIVER PERSONALIZED USER EXPERIENCE FOR 4.6 MILLION SUBSCRIBERS.TIVO CORP - EXTENDED MULTI-YEAR AGREEMENT WITH VERIZON; VERIZON TO GET ACCESS TO LATEST VERSION OF PERSONALIZED CONTENT DISCOVERY PLATFORM.  Full Article

McAfee And Verizon Team Up To Secure Connected Devices In Home
Monday, 7 Jan 2019 

Jan 7 (Reuters) - McAfee::MCAFEE AND VERIZON TEAM UP TO SECURE CONNECTED DEVICES IN HOME.  Full Article

Tegna Statement On Verizon Retransmission Negotiations
Monday, 31 Dec 2018 

Dec 31 (Reuters) - Tegna Inc ::TEGNA STATEMENT ON VERIZON RETRANSMISSION NEGOTIATIONS.TEGNA INC - REMAIN HOPEFUL VERIZON RETRANSMISSION NEGOTIATIONS WILL GET RESOLVED QUICKLY.  Full Article

Verizon Expects To Record Severance Charge Of $1.8 Bln To $2.1 Bln In Q4
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Verizon Communications Inc ::VERIZON - VERIZON EXPECTS TO COMPLETE AN INTERNAL REORGANIZATION OF LEGAL ENTITIES ASSOCIATED WITH ITS WIRELESS BUSINESS IN DECEMBER 2018.VERIZON - EXPECTS TO RECORD SEVERANCE CHARGE OF $1.8 BILLION TO $2.1 BILLION IN Q4 RELATED TO VOLUNTARY SEPARATION PROGRAM.VERIZON - EXPECTS TO RECORD SEVERANCE CHARGE OF $1.3 BILLION TO $1.6 BILLION AFTER-TAX IN Q4 RELATED TO VOLUNTARY SEPARATION PROGRAM.VERIZON - UPON COMPLETION OF REORGANIZATION RELATED TO LEGAL ENTITIES, EXPECTS TO RECOGNIZE NON-RECURRING DEFERRED TAX BENEFIT OF ABOUT $2.1 BILLION IN Q4.VERIZON - SEES NON-CASH GOODWILL IMPAIRMENT CHARGE OF ABOUT $4.6 BILLION IN Q4 RELATED TO UNFAVORABLE ADJUSTMENTS TO CO'S OATH BUSINESS FINANCIAL PROJECTIONS.VERIZON - NEW LEADERSHIP AT BOTH OATH AND VERIZON COMPLETED A COMPREHENSIVE FIVE-YEAR STRATEGIC PLANNING REVIEW OF OATH'S BUSINESS PROSPECTS.VERIZON SAYS GOODWILL BALANCE OF OATH REPORTING UNIT WAS ABOUT $4.8 BILLION PRIOR TO INCURRENCE OF THE ABOUT $4.6 BILLION IMPAIRMENT CHARGE .VERIZON - REVIEW RESULTED IN UNFAVORABLE ADJUSTMENTS TO OATH'S FINANCIAL PROJECTIONS.  Full Article

Agfa Gevaert Chooses Verizon Enterprise Solutions For Global Network Transformation
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - AGFA GEVAERT NV ::AGFA CHOOSES VERIZON ENTERPRISE SOLUTIONS FOR GLOBAL NETWORK TRANSFORMATION.VERIZON WILL TAKE ON THE GLOBAL MANAGEMENT OF AGFA’S NETWORK.DEPLOYS VERIZON’S SOFTWARE-DEFINED NETWORKING AND MANAGED NETWORK SERVICES.  Full Article

Verizon Introduces Palm
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Verizon Communications Inc ::VERIZON - INTRODUCING PALM.VERIZON - GET PALM BEGINNING NOV 2; IT IS APPROXIMATELY SIZE OF A CREDIT CARD.  Full Article

Verizon Communications Q3 Adjusted Non-GAAP Earnings Per Share $1.22
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Verizon Communications Inc ::Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.22.Q3 EARNINGS PER SHARE $1.19.Q3 REVENUE $32.6 BILLION VERSUS I/B/E/S VIEW $32.51 BILLION.Q3 EARNINGS PER SHARE VIEW $1.19 -- THOMSON REUTERS I/B/E/S.VERIZON - ON TRACK TO DELIVER AGAINST A GOAL TO ACHIEVE $10 BILLION IN CUMULATIVE CASH SAVINGS BY 2021.VERIZON - VERIZON REPORTED 515,000 RETAIL POSTPAID NET ADDITIONS IN THIRD-QUARTER 2018, CONSISTING OF NET PHONE ADDITIONS OF 295,000.VERIZON - TOTAL RETAIL POSTPAID CHURN WAS 1.04 PERCENT IN THIRD-QUARTER 2018, COMPARED WITH 0.97 PERCENT YEAR OVER YEAR.VERIZON - FULL-YEAR CONSOLIDATED REVENUE GROWTH AT LOW-TO-MID SINGLE-DIGIT PERCENTAGE RATES ON A GAAP REPORTED BASIS..VERIZON - COMPANY EXPECTS RETAIL POSTPAID PHONE CHURN TO INCREASE SEASONALLY DURING FOURTH-QUARTER 2018.VERIZON - IMPACT OF REVENUE RECOGNITION ON EPS FOR FULL-YEAR 2018 TO BE BETWEEN 27 AND 31 CENTS.VERIZON - EXPECTS LOW SINGLE-DIGIT PERCENTAGE GROWTH IN ADJUSTED EPS IN 2018.VERIZON - EXPECTS CAPITAL SPENDING FOR 2018 TO BE IN RANGE OF $16.6 BILLION TO $17.0 BILLION.VERIZON - EXPECTS OATH REVENUES TO BE RELATIVELY FLAT IN NEAR TERM.VERIZON - DOES NOT EXPECT TO MEET PREVIOUS TARGET OF $10 BILLION IN OATH REVENUES BY 2020.VERIZON - HAS ALSO MADE DISCRETIONARY CONTRIBUTIONS OF $1.7 BILLION TO EMPLOYEE BENEFIT PROGRAMS YTD.  Full Article

Verizon Names Chris Bartlett To Lead Corporate Development, Verizon Ventures
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Verizon Communications Inc ::VERIZON NAMES CHRIS BARTLETT TO LEAD CORPORATE DEVELOPMENT, VERIZON VENTURES.BARTLETT REPLACES JOHN DOHERTY, WHO LEFT VERIZON AT END OF JUNE TO PURSUE OTHER OPPORTUNITIES.BARTLETT WAS MOST RECENTLY MANAGING DIRECTOR AT MORGAN STANLEY.  Full Article

iPhone XS, iPhone XS Max, Apple Watch Series 4 Arrive At Verizon On Sept 21
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Verizon Communications Inc ::IPHONE XS, IPHONE XS MAX, APPLE WATCH SERIES 4 ARRIVE AT VERIZON ON SEPTEMBER 21.VERIZON - PREORDER IPHONE XS, IPHONE XS MAX AND APPLE WATCH SERIES 4 BEGINNING SEPT 14.  Full Article

Verizon's Tim Armstrong In Talks To Exit - WSJ
Friday, 7 Sep 2018 

Sept 7 (Reuters) - :TIM ARMSTRONG, THE LEADER OF VERIZON COMMUNICATIONS INC'S MEDIA AND ADVERTISING BUSINESS, IS IN TALKS TO EXIT - WSJ, CITING SOURCES.  Full Article

AT&T ads returning to YouTube, 2 yrs after pulling back over content

Jan 18 AT&T Inc said Friday it will again buy advertising on Alphabet Inc's YouTube, nearly two years after the U.S. wireless carrier left the video platform when it discovered its ads may have appeared next to inappropriate content.