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Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

50.62USD
20 Jul 2018
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$-0.13 (-0.26%)
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Latest Key Developments (Source: Significant Developments)

New Verizon CEO Vestberg To Resign As Hexagon Vice Chairman
Monday, 9 Jul 2018 

July 9 (Reuters) - Hexagon AB ::HANS VESTBERG WILL RESIGN AS VICE CHAIRMAN OF HEXAGON'S BOARD.SAYS VESTBERG HAS BEEN VICE CHAIRMAN OF BOARD SINCE 2017.  Full Article

Verizon Will End Sales Of Phone-Location Data Through Intermediaries - AP
Tuesday, 19 Jun 2018 

June 19 (Reuters) - :VERIZON WILL END SALES OF PHONE-LOCATION DATA THROUGH INTERMEDIARIES - AP.  Full Article

Verizon Communications Appointed Hans Vestberg CEO
Friday, 8 Jun 2018 

June 8 (Reuters) - Verizon Communications Inc ::VERIZON ANNOUNCES CEO SUCCESSION PLAN.SAYS HANS VESTBERG APPOINTED CEO.VERIZON - HANS VESTBERG, EXECUTIVE VICE PRESIDENT AND PRESIDENT OF GLOBAL NETWORKS AND CHIEF TECHNOLOGY OFFICER, NAMED CEO, EFFECTIVE AUGUST 1, 2018.VERIZON - LOWELL MCADAM TO SERVE AS EXECUTIVE CHAIRMAN OF BOARD THROUGH END OF 2018 AND AS NON-EXECUTIVE CHAIRMAN THEREAFTER.VERIZON - MCADAM TO SERVE AS EXECUTIVE CHAIRMAN OF BOARD THROUGH RETIREMENT AT YEAR-END .  Full Article

Verizon To Repurchase Debt Securities
Saturday, 12 May 2018 

Verizon Communications Inc ::VERIZON TO REPURCHASE DEBT SECURITIES.VERIZON - HAS DELIVERED A NOTICE OF REPURCHASE WITH RESPECT TO ITS FLOATING RATE NOTES DUE FEBRUARY 21, 2025.VERIZON - DELIVERED REPURCHASE NOTICE FOR FLOATING RATE NOTES DUE FEB 21, 2025; $2.5 BILLION OF NOTES EXPECTED TO BE REPURCHASED ON OR BEFORE JUNE 11.  Full Article

Verizon Communications Reports Q1 Earnings Per Share $1.11
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Verizon Communications Inc ::Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.17.Q1 EARNINGS PER SHARE $1.11.VERIZON BEGINS 2018 WITH STRONG MOMENTUM.Q1 REVENUE $31.8 BILLION VERSUS I/B/E/S VIEW $31.25 BILLION.Q1 EARNINGS PER SHARE VIEW $1.10 -- THOMSON REUTERS I/B/E/S.VERIZON - QTRLY WIRELINE FIOS INTERNET NET ADDITIONS 66,000 VERSUS NET ADDITIONS OF 35,000 REPORTED LAST YEAR.VERIZON - SEES FULL-YEAR CONSOLIDATED REVENUE GROWTH AT LOW SINGLE-DIGIT PERCENTAGE RATES ON A GAAP REPORTED BASIS.VERIZON QTRLY WIRELESS RETAIL POSTPAID CHURN WAS 1.04 PERCENT, A YEAR-OVER-YEAR IMPROVEMENT.VERIZON - EXPECTS SERVICE REVENUE GROWTH ON A GAAP REPORTED BASIS TO TURN POSITIVE BY END OF 2018.VERIZON - REPORTED A NET INCREASE OF 260,000 WIRELESS RETAIL POSTPAID CONNECTIONS IN FIRST-QUARTER 2018.VERIZON - EXPECTS LOW SINGLE-DIGIT PERCENTAGE GROWTH IN ADJUSTED EPS IN 2018 BEFORE IMPACT OF TAX REFORM AND REVENUE RECOGNITION STANDARD.VERIZON - CAPITAL SPENDING FOR 2018 WILL BE IN RANGE OF $17.0 BILLION TO $17.8 BILLION, INCLUDING COMMERCIAL LAUNCH OF 5G.VERIZON - EXPECTED SAVINGS FROM TAX REFORM WILL GENERATE A NET $3.5 BILLION TO $4 BILLION UPLIFT TO CASH FLOW FROM OPERATIONS IN 2018.VERIZON - QTRLY WIRELINE FIOS VIDEO LOSS OF 22,000 VERSUS LOSS OF NET OF 13,000 FIOS VIDEO CONNECTIONS.VERIZON - FIRST-QUARTER 2018 EARNINGS INCLUDED A PRE-TAX CHARGE OF ABOUT $249 MILLION RELATED TO EARLY DEBT EXTINGUISHMENT.  Full Article

U.S. Said To Investigate AT&T And Verizon Over Wireless Collusion Claim - NYT
Saturday, 21 Apr 2018 

April 20 (Reuters) - :U.S. SAID TO INVESTIGATE AT&T AND VERIZON OVER WIRELESS COLLUSION CLAIM - NYT, CITING SOURCES.  Full Article

Verizon Bolsters In-House Customer Experience Design Team With Acquisition Of Moment
Thursday, 19 Apr 2018 

April 19 (Reuters) - Verizon Communications Inc ::VERIZON BOLSTERS IN-HOUSE CUSTOMER EXPERIENCE DESIGN TEAM WITH ACQUISITION OF MOMENT.VERIZON - CLOSED ITS ACQUISITION OF MOMENT, A NEW YORK-BASED DESIGN AND STRATEGY FIRM.  Full Article

Oath Hires Former Alibaba Group Executive As President & COO
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Verizon Communications Inc ::OATH HIRES FORMER ALIBABA GROUP EXECUTIVE AS PRESIDENT & COO.OATH SAYS K. GURU GOWRAPPAN WILL JOIN COMPANY AS PRESIDENT AND COO.  Full Article

Verizon Telematics Says It Acquired Movildata Internacional
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Verizon ::TELEMATICS CONTINUES EUROPEAN EXPANSION WITH ITS ACQUISITION OF MOVILDATA INTERNACIONAL.‍TERMS OF TRANSACTION, WHICH CLOSED ON JAN. 19, 2018, HAVE NOT BEEN DISCLOSED​.  Full Article

Verizon, NBA Expand Multi-Platform Content & Technology Partnership With New Innovation Component
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Verizon::VERIZON AND NBA EXPAND MULTI-PLATFORM CONTENT AND TECHNOLOGY PARTNERSHIP WITH NEW INNOVATION COMPONENT.VERIZON - BEGINNING WITH NBA ALL-STAR 2018 IN LOS ANGELES, NBA & CO TO UNVEIL SERIES OF COLLABORATIONS.VERIZON - NBA, VERIZON WILL WORK TOGETHER ON GLOBAL YAHOO FANTASY EXPERIENCES, INCLUDING NEW, SIMPLIFIED OFFICIAL NBA FANTASY FORMAT.  Full Article

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AT&T to buy cybersecurity firm AlienVault

NEW YORK AT&T Inc said on Tuesday that it has agreed to buy privately held Silicon Valley-based startup AlienVault, allowing the telecommunications giant to expand its line of cybersecurity products targeted at small and medium businesses.