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Verizon Communications Inc. stock price

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  • 08/14/2017 15:02:36

    David Einhorn's Greenlight Capital bulks up tech holdings

    David Einhorn's Greenlight Capital bulked up its stakes in technology companies in the second quarter, boosting its holding in Micron Technology Inc. and adding Hewlett Packard Enterprise Co. to its portfolio, according to a 13F regulatory filing submitted Monday. The hedge fund raised its stake in Micron to 2.6 million shares at the end of June from 1.6 million shares in March and bought 4.5 million shares of Hewlett Packard Enterprise. It also purchased 4.3 million shares in Altaba Inc. , a company that was formed after Yahoo's internet business was bought by Verizon Communications Inc. , but trimmed its stake in Apple Inc. to 3.93 million shares in the second quarter from 3.98 million shares in the first quarter. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/28/2017 09:04:38

    Zacks Industry Outlook Highlights: Comcast, AT&T, Verizon Communications, Charter Communications and Sprint

    For Immediate Release Chicago IL July 28 2017 Today Zacks Equity Research discusses the Industry Telecom Part 1 including Comcast Corp NASDAQ CMCSA Free Report AT amp T Inc NYSE T Free Report Verizon Communications Inc NYSE VZ Free Report

  • 07/27/2017 15:16:30

    Verizon in talks to buy WideOpenWest's Chicago network -sources

    July 27 (Reuters) - U.S. wireless carrier Verizon Communications Inc is in talks to acquire cable operator WideOpenWest Inc's fiber network in the Chicago area for more than $200 million, according to people familiar with the matter.

  • 07/27/2017 15:15:31

    Facebook and Verizon advance while AstraZeneca dives

    Facebook and Verizon Communications trade higher while AstraZeneca and Southwest Airlines drop

  • 07/27/2017 12:19:00

    Popular biotech ETF on pace for steepest daily drop in a month

    A popular way to bet on the the biotech sector was trading sharply lower on Thursday and on track to register its worst one-day in a month. The iShares Nasdaq Biotechnology ETF was down 1.8%, led by an about 11% decline in Arrowhead Pharmaceuticals Corp. and Novavax Inc. , with its shares off 6.4% on the session. The drop for the biotech group came amid a broad and sudden selloff in the overall technology sector that put the Nasdaq Composite Index on pace to log it sharpest daily fall since June 9, when the tech sector underwent a similar retreat, fueled on concerns about valuations among some of the group's biggest companies, including Apple Inc. , Amazon.com Inc., and Facebook Inc., which reported better-than-expected earnings late Wednesday. More broadly, the overall market was under pressure but off its worst levels of the day. The S&P 500 index was down 0.3% at 2,469, the Nasdaq Composite was down 0.8%, while the Dow Jones Industrial Average was trading modestly higher, fueled by gains in Verizon Communications Inc. , which saw its shares up nearly 8%, more than offsetting a 2.3% decline in Apple's stock. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/27/2017 11:24:43

    Telecom sector on track for biggest one-day gain since 2009

    The S&P telecom sector soared on Thursday and was on track for its biggest one-day percentage increase in more than eight years, boosted by strong results from some of its biggest components. The sector jumped 4.8%, its best day since March 2009, according to FactSet data. Thursday marks the third straight daily increase for the industry, a period over which it has gained about 8%. Despite that, telecom remains one of the laggards of the year, down 8.7% for 2017. The rally came after Verizon Communications Inc. popped 6.9% on the back of second-quarter revenue that beat expectations, as well as an expansion of its unlimited wireless data plan, which helped it recover from a net subscriber loss in the first quarter. AT&T Inc. gained 3.3% on Thursday, building on a rally the shares had on Wednesday, which came in the wake of the company's own results, when it posted a profit that topped analyst forecasts. The S&P 500 dipped 0.4% on Thursday.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/27/2017 09:53:13

    US stocks rise, led by media and phone companies

    Big gains for Facebook, Verizon Communications and cable companies reporting healthier-than-expected results nudged US stock indexes a bit further into record territory on Thursday

  • 07/25/2017 09:58:54

    House panel wants Google, Facebook, AT&T CEOs to testify on internet rules

    WASHINGTON (Reuters) - The chairman of the U.S. House Energy and Commerce Committee on Tuesday asked the chief executives of Alphabet Inc, Facebook Inc, Amazon.com Inc, AT&T Inc, Verizon Communications Inc and other companies to testify at a Sept. 7 hearing on the future of net neutrality rules.

  • 07/25/2017 09:12:09

    U.S. House panel wants Google, Facebook, AT&T CEOs to testify on internet rules

    The chairman of the U.S. House Energy and Commerce Committee on Tuesday asked the chief executives of Alphabet Inc (GOOG), Facebook Inc (FB), Amazon.com Inc (AMZN), AT&T Inc (T), Verizon Communications Inc (VZ) and other companies to testify at a Sept. 7 hearing on the future of net neutrality rules.

  • 07/12/2017 14:22:24

    BRIEF-Verizon says records contained in the data set pertained to 6 mln unique customers

    Verizon Communications Inc(VZ). * Verizon(VZ) - Able to confirm that only access to cloud storage area by a person other than Verizon (VZ) or its vendor was a researcher who brought this issue to co's attention. * Verizon (VZ) - Records contained in the data set pertained to 6 million unique customers Further company coverage:

  • 07/12/2017 11:42:12

    BRIEF-Verizon says employee of vendor incorrectly set storage to allow external access‍​

    Verizon Communications Inc(VZ) : * Verizon (VZ) says an employee of one of co's vendors put information into cloud storage area and incorrectly set storage to allow external access‍​. * Verizon (VZ) says there has been no loss or theft of Verizon (VZ) or Verizon (VZ) customer information. * Verizon (VZ) says the number of subscriber accounts included in the media report is "overstated" ‍​ Further company coverage:

  • 07/12/2017 09:13:32

    Verizon CEO says company is not eyeing deal to buy Disney

    Verizon Communications Inc. Chief Executive Lowell McAdam told journalists during the annual media and technology summit in Sun Valley, Idaho that "No," the telecommunication and media company will not buy Walt Disney Co. , according to media reports. Last week the New York Post reported that rumors had been circling that Verizon was eyeing a purchase of the Mouse House empire. Analysts were quick to the denounce the report and now Verizon's chief executive has said the company isn't looking at a potential deal. Verizon recently completed its acquisition of Yahoo Inc.. And the narrative looming in the media industry has been that media companies would be attractive targets for tech and telecom companies. The industry has been waiting to see if Facebook Inc. , or Apple Inc. would look to acquire a media company to help their push into TV, and Verizon rival AT&T Inc. is currently in midst of a deal for Time Warner Inc. . Verizon shares have declined more than 19% in the year to date, while Disney shares are down less than 1% and the S&P 500 index is up 9% during the same period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/19/2017 06:21:09

    Yahoo shares to start trading under Altaba Monday

    Yahoo Inc. has completed its transition into Altaba Inc. , a new company formed after the acquisition of its operating assets by Verizon Communications Inc . Starting Monday shares will trade under the ticker symbol "AABA." Former Yahoo shareholders do not need to take any action for their shares to trade under Altaba. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/13/2017 15:01:15

    UPDATE 2-Verizon closes Yahoo deal, Mayer steps down

    June 13 (Reuters) - Verizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa Mayer, chief executive of the internet company, had resigned.

  • 06/13/2017 10:41:25

    Verizon closes Yahoo deal, Mayer steps down

    (Reuters) - Verizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa Mayer, chief executive of the internet company, had resigned.

  • 06/13/2017 09:17:01

    Verizon closes Yahoo deal; Mayer steps down

    (Reuters) - Verizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa Mayer, chief executive of the internet company, had resigned.

  • 06/13/2017 08:30:09

    Marissa Mayer steps down as Verizon acquisition of Yahoo is complete

    Verizon Communications Inc.'s acquisition of Yahoo Inc. is complete, meaning the new company Altaba Inc. will emerge Friday and register with the SEC as a publicly traded investment company. Verizon bought Yahoo for $4.48 billion and the acquisition is still subject to certain adjustments. Marissa Mayer, chief executive of Yahoo, has resigned from its board, as have other directors including Richard Hill, Jane Shaw and Maynard Webb. Thomas McInerney, a current board member, will become chief executive of Altaba, with Alexi Wellman as chief financial officer. After the sale, Yahoo's assets will include a 15% equity stake in in Alibaba Group Holding Ltd and about a 36% equity stake in Yahoo Japan. Yahoo's stock will continue trading on the Nasdaq under the symbol "YHOO" until Friday. Altaba's stock will begin trading June 19 under the symbol "AABA." Shareholders do not need to take any action. Shares of Verizon were down 1% Tuesday and shares of Yahoo were down 0.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/08/2017 12:10:02

    Verizon plans to cut 2,000 jobs at Yahoo, AOL: source

    (Reuters) - Verizon Communications Inc is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo Inc's core assets next week, a person briefed on the matter said.

  • 06/08/2017 12:09:09

    UPDATE 2-Verizon plans to cut 2,000 jobs at Yahoo, AOL -source

    June 8 (Reuters) - Verizon Communications Inc is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo Inc's core assets next week, a person briefed on the matter said.

  • 06/08/2017 11:33:38

    Verizon plans to cut about 2,000 jobs at Yahoo, AOL: source

    (Reuters) - Verizon Communications Inc is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo Inc's core assets next week, a person briefed on the matter said.

  • 06/08/2017 10:35:27

    Yahoo shareholders approve sale of core business to Verizon

    (Reuters) - Yahoo Inc shareholders on Thursday approved the company's pending sale of its core internet business to Verizon Communications Inc for $4.48 billion, according to preliminary results from a shareholder meeting.

  • 06/07/2017 15:28:13

    Verizon expected to cut up to 1,000 Yahoo, AOL jobs after acquisition

    Up to 1,000 layoffs are expected at the combined Yahoo Inc. and AOL companies that Verizon Communications Inc. is in a deal to acquire, according to a report late Wednesday. Those job cuts would account for close to 20% of staff at the combined companies rebranded as Oath, according to Recode, citing unnamed sources. Yahoo has said it expects the acquisition by Verizon to close in June. Yahoo shares were up less than 0.1% at $50.57 after hours, while Verizon shares were unchanged at $46.50.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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