4:05pm ET
Investing
24/7 Wall St. Closing Bell
The major US stock indexes opened significantly lower this morning as investors reacted to the surprise loss of $2 billion by JPMorgan Chase & Co. (NYSE: JPM) disclosed by the bank’s CEO…
Companies
/Communication Services
Verizon Communications Inc
$48.09
▼ $0.24 (−0.50%) today
Markets closed · 4:47pm ET
VZ Coverage
Page 114
9:09am ET
Consumer Electronics
One Analyst Signals Caution and Cuts Estimates On Apple (AAPL, T, VZ, S)
Apple Inc. (NASDAQ: AAPL) may have pulled back but this is still the darling of America. Most analysts have stepped all over themselves to raise their estimates and their price targets all…
8:46am ET
Investing
Top Analyst Upgrades & Downgrades (ADTN, AAPL, ARNA, T, BEAM, BBBY, BBY, BWLD, CVX, HEK, JPM, MYGN, PRA, RSH, RXN, RIMM, SLF, TXRH, VZ)
These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Adtran Inc. (NASDAQ: ADTN) Reiterated Buy and $39 target at Argus. Apple Inc. (NASDAQ:…
6:48am ET
Investing
Short Sellers Hit Sprint, Chesapeake Energy and Others
Short sellers moved aggressively into the shares of companies with weak financial prospects and stock prices. According to data from the NYSE and Nasdaq, for the period that ended April 30, shares…
2:04pm ET
Telecom & Wireless
Another Wrinkle in the Wireless Business (PCS, LEAP, DTEGY, S, VZ, VOD, T)
Shares of MetroPCS Communications Inc. (NYSE: PCS) and Leap Wireless International Inc. (NASDAQ: LEAP) are shooting up today following a report at Bloomberg News that German phone company Deutsche Telekom AG (OTC:…
11:46am ET
Media
FCC Still Concerned with Verizon’s Spectrum Acquisition (VZ, VOD, CMCSA, TWX, PCS, S, DTEGY, LEAP, T)
When Verizon Wireless made its initial $3.6 billion offer to acquire wireless spectrum from SpectrumCo LLC, most observers didn’t think the deal would run into any opposition. Which only goes to show…
1:08pm ET
Media
Cable Companies’ Future is Online (CHTR, CMCSA, TWC, DIS, VZ, T, PCS, LEAP, FTR, NFLX, AAPL)
The line between mobile wireless carriers and cable and satellite TV providers has been blurring for a couple of years and may be on the way to disappearing entirely before too long.…
12:07pm ET
Investing
The Market Where Defensive Shares Are Working Again (PEP, KO, BUD, TAP, AWK, MCD, KFT, CAG, CPB, HRL, MO, VGR, RAI, PG, KMB, CL, MRK, PFE, JNJ, T, VZ)
Blame whatever you want. A weaker U.S. economy, a weakening and flailing Europe, a move to socialism in France and Greece, a weaker BRIC and emerging market story, commodity prices and on…
12:33pm ET
Telecom & Wireless
Frontier Communications Hits New Low (FTR, PCS, LEAP, VZ, VOD, T, S, DTEGY, AAPL, CTL)
Frontier Communications Corp. (NASDAQ: FTR) missed its consensus first quarter EPS estimate this morning and the company’s shares are getting pummeled. The miss was close: EPS of $0.05, a penny below the…
12:23pm ET
Telecom & Wireless
Taking Wi-Fi To The NYC Subway System, Almost (WIFI, VZ, T, S)
Finally, Wi-Fi while you are on the subway!!! Sort of. News is out this Thursday that sounds like a home run for Boingo Wireless, Inc. (NASDAQ: WIFI). The Wi-Fi provider of hotspots…
11:27am ET
Media
Comcast: The Broadband Battle is Starting to Heat Up
Comcast Corp. (NASDAQ: CMCSA) reported first quarter earnings this morning that were better than analysts expectations, but a drop in video subscribers and a smaller-than-expected gain in voice subscribers are weighing on…
6:49am ET
Special Report
The Most Powerful CEOs in America
Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
6:37am ET
Special Report
American Companies with the Most Customers
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics companies sell…
9:56am ET
Telecom & Wireless
The Cracks Form In Prepaid & No-Contract Cellular (LEAP, PCS, S, T, VZ)
MetroPCS Communications, Inc. (NYSE: PCS) is being treated rather poorly after its earnings report missed expectations. Leap Wireless International Inc. (NASDAQ: LEAP) is being treated even worse. Competition from Sprint Nextel Corporation (NYSE:…
6:39am ET
Media
Media Digest (4/24/2012) Reuters, WSJ, NYT, Bloomberg
Facebook reports that its revenue grew to more than $1 billion and its membership to 900 million. (Reuters) Microsoft (NASDAQ: MSFT) sells some of the patents it bought from AOL (NYSE: AOL)…