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Verizon Communications Inc (VZ.N)

VZ.N on New York Stock Exchange

56.59USD
19 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Huawei Presses Verizon To Pay For Patents - WSJ
Wednesday, 12 Jun 2019 

June 12 (Reuters) - :HUAWEI PRESSES VERIZON TO PAY FOR PATENTS - WSJ.PATENTS AT ISSUE SPAN CORE NETWORK EQUIPMENT, WIRELINE INFRASTRUCTURE, IOT TECHNOLOGY AND COULD IMPACT SEVERAL OF VERIZON' VENDORS - WSJ.  Full Article

Verizon CEO Says Huawei Executive Order Does Not Impact Co- CNBC
Friday, 17 May 2019 

May 16 (Reuters) - :VERIZON CEO HANS VESTBERG SAYS CO'S EQUIPMENT VENDORS ARE NOT CHINESE; HUAWEI EXECUTIVE ORDER DOES NOT IMPACT CO - CNBC INTERVIEW.  Full Article

Verizon Partners With Google To Make Youtube TV Available To Customers
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Verizon Communications Inc ::VERIZON PARTNERS WITH GOOGLE TO MAKE YOUTUBE TV AVAILABLE TO CUSTOMERS WHERE AND WHEN THEY WANT IT.VERIZON - PARTNERSHIP TO BRING YOUTUBE TV TO VERIZON CUSTOMERS NATIONWIDE ON WHATEVER PLATFORM THEY CHOOSE.  Full Article

Verizon Reports First Quarter Earnings Per Share Of $1.22
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Verizon Communications Inc ::VERIZON REPORTS STRONG 1Q OPERATIONAL PERFORMANCE, WHILE RAISING EARNINGS GUIDANCE FOR FULL-YEAR 2019.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.20 EXCLUDING ITEMS.Q1 EARNINGS PER SHARE $1.22.Q1 REVENUE $32.1 BILLION VERSUS REFINITIV IBES ESTIMATE OF $32.16 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $1.17 -- REFINITIV IBES DATA.VERIZON - ALSO EXPECTS LOW SINGLE-DIGIT PERCENTAGE GROWTH IN FULL-YEAR CONSOLIDATED REVENUES ON A GAAP REPORTED BASIS.VERIZON - SEES FY LOW SINGLE-DIGIT PERCENTAGE GROWTH IN ADJUSTED EPS, EXCLUDING IMPACT OF NEW LEASE ACCOUNTING STANDARD.VERIZON - QTRLY WIRELESS 61,000 RETAIL POSTPAID NET ADDITIONS, INCLUDING 174,000 POSTPAID SMARTPHONE NET ADDITIONS..VERIZON - EXPECTS LOW SINGLE-DIGIT PERCENTAGE GROWTH IN FULL-YEAR CONSOLIDATED REVENUES ON A GAAP REPORTED BASIS..VERIZON - QTRLY WIRELEESS RETAIL POSTPAID CHURN OF 1.12 PERCENT, AND RETAIL POSTPAID PHONE CHURN OF 0.84 PERCENT..VERIZON - CAPITAL SPENDING FOR 2019 TO BE IN RANGE OF $17 BILLION TO $18 BILLION.VERIZON SEES CAPITAL SPENDING FOR 2019 TO BE IN RANGE OF $17 BILLION TO $18 BILLION, INCLUDING EXPANDED COMMERCIAL LAUNCH OF 5G.VERIZON - CAPITAL SPENDING ESTIMATE FOR 2019 INCLUDES EXPANDED COMMERCIAL LAUNCH OF 5G.VERIZON - IN QUARTER, COMBINED IMPACT FROM THE ADOPTION OF A REVENUE RECOGNITION STANDARD WAS A 4 CENT Y-O-Y HEADWIND TO EPS..  Full Article

Verizon Asks Its Shareholders To Support Executive Compensation Program By Voting In Favor Of The "Say-On-Pay" Resolution
Thursday, 11 Apr 2019 

April 10 (Reuters) - Verizon Communications Inc ::VERIZON ASKS ITS SHAREHOLDERS TO SUPPORT CO’S EXECUTIVE COMPENSATION PROGRAM BY VOTING IN FAVOR OF THE “SAY-ON-PAY” RESOLUTION - SEC FILING.  Full Article

Verizon Says Offering €1.25 Bln Notes Due 2027, €1.25 Bln Notes Due 2030 And £500 Mln Notes Due 2031
Thursday, 4 Apr 2019 

April 4 (Reuters) - Verizon Communications Inc ::VERIZON SAYS OFFERING €1.25 BILLION NOTES DUE 2027, €1.25 BILLION NOTES DUE 2030 AND £500 MILLION NOTES DUE 2031 - SEC FILING.  Full Article

Verizon Officially Turns On Its 5G Ultra Wideband Network In Select Areas Of Minneapolis, Chicago A Week Ahead Of Schedule
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Minneapolis, City of [RIC:RIC:MINNE.UL]::VERIZON - GENERAL AVAILABILITY OF 5G MOTO MOD STARTS TODAY.VERIZON - OFFICIALLY TURNED ON ITS 5G ULTRA WIDEBAND NETWORK IN SELECT AREAS OF MINNEAPOLIS AND CHICAGO A WEEK AHEAD OF SCHEDULE.  Full Article

Verizon To Launch Its 5G Ultra Wideband Network In Chicago And Minneapolis On April 11
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Verizon Communications Inc ::VERIZON - TO LAUNCH ITS 5G ULTRA WIDEBAND NETWORK IN CHICAGO AND MINNEAPOLIS ON APRIL 11.  Full Article

Verizon Sets Quarterly Dividend Of $0.6025 Per Share
Saturday, 9 Mar 2019 

March 8 (Reuters) - Verizon Communications Inc ::SETS QUARTERLY DIVIDEND OF $0.6025 PER SHARE.  Full Article

Verizon Acquires Protectwise Inc Expanding Network Detection And Response Services For Business Customers
Saturday, 2 Mar 2019 

March 1 (Reuters) - Verizon Communications Inc ::VERIZON ACQUIRES PROTECTWISE, INC., EXPANDING NETWORK DETECTION AND RESPONSE SERVICES FOR BUSINESS CUSTOMERS.VERIZON - TERMS OF TRANSACTION WERE NOT DISCLOSED.VERIZON - TECHNOLOGY FROM PROTECTWISE WILL BE INTEGRATED INTO VERIZON'S EXISTING OFFERINGS.VERIZON - DBO PARTNERS ACTED AS FINANCIAL ADVISOR TO PROTECTWISE.  Full Article

Deals of the day-Mergers and acquisitions

July 11 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: