Sprint Nextel's (S) stock jumped 18% in morning trading ... Sprint Nextel is the third-largest wireless carrier in the United States, trailing AT&T (T) and Verizon (VZ) in market share. But the company has continued to lose money, despite …
Oppenheimer is out with a research report this morning, where it reiterated its Outperform rating on shares of AT&T Inc. (NYSE: T); it has a $32.00 price target on the stock. The Oppenheimer analysts said, “We hosted upbeat investor …
SEOUL (Reuters) - South Korea’s stock exchange said on Monday that trading in Samsung Electronics Co Ltd’s shares will be halted for three days before the stock is split. Samsung Electronics, Asia’s fourth most valuable stock as of …
US economic data is light. PPI will be released at 8:30 a.m. ET. Stock markets around the world are mixed. Japan's Nikkei (+0.1%) eked out a gain in Asia, and France's CAC (-0.2%) lags in Europe. The S&P 500 is set to open little changed …
Many of the almost 40,000 workers at Verizon Communications Inc.'s wireline unit voted to strike amid negotiations over a new labor agreement. The Communications Workers of America (CWA) union announced the results of the vote -- 86 …
Verizon Communications, Inc. (NYSE: VZ) announced Verizon Cloud – its new cloud Infrastructure as a Service (IaaS) platform and cloud-based object storage service. With this service, Verizon is fundamentally changing how public …
Analysts are predicting Verizon Communications Inc. (NYSE: VZ) will announce a rollout of metro 100G service in 1Q15. Analysts estimate that total WDM revenues grew by 5 percent in 2014. That overall growth number is based on a …
Vodafone plans to announce more details of the transaction in its quarterly results next week. The deal will consist of $58.9 billion in cash and $60.2 billion in Verizon stock. The deal comes as the European telecommunications industry …
“The stock market is feeling the bond market’s pain. Absolutely, no doubt - we have stock vigilantes too,” Ed Yardeni, the longtime Wall Street strategist now president at his namesake research firm, told Reuters. The term “bond vigilante” …
In the "risk factors" portion of its quarterly filing disclosed on Wednesday, Yahoo said: "Verizon may assert, or threaten to assert, rights or claims with respect to the Stock Purchase Agreement as a result of facts relating to the Security …