Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. It operates through the Verizon Consumer Group (Consumer) and Verizon Business Group (Business) segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wire line communications services and products, video and data services, corporate networking solutions, security and managed network services, local and long distance voice services, and network access to deliver various Internet of Things (IoT) services and products. The company was founded in 1983 and is headquartered in New York, NY.

Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services. It operates through the Consumer and Business segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wireline communications services and products, including FWA broadband, data, video and conferencing services, corporate networking solutions, security and managed network services, local and long-distance voice services, and network access to deliver various IoT services and products. The company was founded in 1983 and is headquartered in New York, NY.

Verizon

Verizon Communications, Inc (NYSE: VZ) slid more than 4% lower on Monday after Goldman Sachs downgraded the stock from Buy to Neutral. The fall was in addition to a 5.64% decline on Friday following the release of the company's first-quarter earnings print.

Verizon Plunges: Here's Why There May Be More Downside Before The Bounce

AT&T

Analysts listed their reasons for preferring AT&T Inc (NYSE: T) over Verizon Communications Inc (NYSE: VZ) post Q1. Barclays saw industry headwinds common across the major operators like Verizon and AT&T.

AT&T Gets More Love From Analysts Versus Verizon Post Q1 Performance

Buy online pickup in store — or BOPIS, as it's known in retail — has become second nature to the U.S. consumer. The idea is simple: Shoppers place orders on a retailer's e-commerce site, travel to a brick-and-mortar location and pick up the items on their time.

Verizon introduces parcel lockers at 250 stores

Verizon Communications Inc. (NYSE: VZ) shares are trading lower by 4.23% at $49.72 after Goldman Sachs downgraded the stock from Buy to Neutral. Verizon last week reported first-quarter adjusted EPS of $1.35 which was in line with the analyst consensus estimate.

Why Verizon Shares Are Falling

The carrier is focused on using its C-Band spectrum for improved 5G, but it's feeling the pressure from rivals, its earnings report shows.

Verizon Wireless Customers Flee Despite 5G Network Upgrades

Disappointing guidance for 2022 resulted in Verizon's worst day since the pandemic market crash of 2020. Competitive pressures resulting in lower EPS and revenue growth and fear of rising interest rates and inflation were in the spotlight during the day.

Verizon: Don't Let Quarterly Noise Distract You

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Verizon Communications on Friday tempered its full-year forecasts for profit and wireless service revenue as its spends heavily on upgrading its network.

Verizon shares tumble as rising inflation dents wireless forecast

Verizon Communications Inc said it had its best quarter of broadband net additions in more than a decade and lost fewer-than-expected monthly phone subscribers in the first quarter benefiting from hefty investments in expanding 5G services and new broadband networks. The American wireless network operator reported a loss of 36,000 monthly phone subscribers in the quarter, compared with estimates for a loss of 49,300.

Verizon shows broadband gains and loses fewer phone subscribers in 1Q

Verizon Communications Inc (NYSE: VZ) reported a first-quarter FY22 sales growth of 2.1% year-on-year, to $33.6 billion, beating the consensus of $33.5 billion. Adjusted EPS of $1.35 was in-line with the consensus.

Verizon Shares Drop After Q1 Earnings, Weaker Than Expected Outlook

Verizon Communications Inc. showed a net loss of postpaid phone subscribers in its latest quarter, calling out “competitive dynamics within the industry,” though it said it had its best quarter of broadband net additions in more than a decade.

Earnings Results: Verizon earnings show loss of phone subscribers but strong broadband gains

Verizon Communications Inc lost fewer-than-expected monthly phone subscribers in the first quarter, a sign the wireless carrier is benefiting from its hefty investments in expanding 5G services and new broadband networks.

Verizon loses fewer-than-expected phone subscribers in first quarter

Company reports record demand for fixed wireless broadband, wireless service revenue growth and continued 5G Ultra Wideband network expansion Company reports record demand for fixed wireless broadband, wireless service revenue growth and continued 5G Ultra Wideband network expansion

Verizon reports 1Q earnings for 2022

We estimate that Verizon's revenue will come in at about $33.8 billion for the quarter, rising by about 2.5% versus last year and slightly ahead of consensus estimates.

Will Verizon's Q1 Results Boost Its Undervalued Stock?

Casa Systems

Casa Systems Inc. (NASDAQ: CASA) stock is up 70% after announcing a multi-year purchase from Verizon (NYSE: VZ). Additionally, Verizon is expected to invest around $40 million in Casa Systems' common shares, which will result in a 9.9% ownership interest.

Casa receives multi-year purchase contract from Verizon; stock jumps 70%

Verizon is raising its minimum wage to $20 an hour for new and current employees amid a tight labor market.

Verizon increases minimum wage to $20 per hour, offers signing bonuses

The increase will automatically apply to both new and existing retail, sales and customer service employees.

Verizon Raises Minimum Wage for Retail, Customer Service Staff to $20 Per Hour

CASA stock is in the spotlight after it was announced that Verizon had acquired a 9.9% stake in the 5G services company. The post Verizon Just Made a Big Bet on Casa Systems (CASA) Stock.

Verizon Just Made a Big Bet on Casa Systems (CASA) Stock. Here's Why.

Verizon Communications Inc. VZ, +0.09% plans to raise the minimum wage for new employees to $20 an hour, the telecommunications company said Monday. The new minimum wage will apply to customer service employees, as well as to retail and inside sales employees "when base salary plus target commission are combined.

Verizon says it's boosting its minimum wage to $20 an hour

U.S. wireless carrier Verizon Communications Inc said on Monday it would raise the minimum wage of its new and existing customer service, retail and inside sales employees to $20 an hour amid a tight labor market and rising inflation.

Verizon raises minimum wage to $20 an hour for U.S employees

Shares of Casa Systems Inc. CASA, -1.02% rocketed 49.1% to pace all premarket gainers Monday, after the communications infrastructure company announced that Verizon Communications Inc. VZ, -0.57% will take a 9.9% stake in the company as part of a multi-year purchase contract. Under terms of the contract, Verizon will buy $40 million worth of Casa stock, and Casa will provide its 5G Core Network Functions to Verizon.

Casa Systems stock rockets after Verizon to take near 10% stake

Casa Systems to provide its 5G Core Network Functions to help enable Verizon's public Mobile Edge Computing service offering

Casa Systems Awarded Multi-Year Contract From Verizon

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Employees at Verizon stores north of Seattle in Everett and Lynnwood won their union election on Friday, making them the first unionized Verizon stores in the country outside of New York.

News for Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr Stock (VZA)