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Stock Market & Financial Investment News

News Breaks
April 18, 2012
11:14 EDTVZEarnings Preview: Verizon shares flat ahead of Q1 report
Verizon Communications (VZ) is expected to report Q1 earnings before the market open on Thursday, April 19, with a conference call scheduled for 8:30 am ET. Analysts are looking for EPS of 58c on revenue of $28.17B. The consensus range is 56c-60c for EPS, and revenue of $27.87B-$28.55B, according to First Call. Verizon reported mixed Q4 results, narrowly missing adjusted EPS, but beating revenue estimates. On its Q4 conference call, the company’s CFO, Francis Shammo, said there was "tremendous confidence" in long term growth prospects and wireline margin expansion in 2012. He added that for FY12, $2.20 was a "logical starting point" for EPS estimates. Current consensus is $2.47. The shares have traded in a narrow range since Q4 results were released in late January. They briefly approached their 52-week high of $40.48 in late March, but have fallen approximately 7% since then. Since hitting a 52-week low of $32.28 in August of last year, the shares are up approximately 17%, and currently sit near two-year highs. With so much good news discounted in the shares, investors will need exceptional results to justify further commitments.
News For VZ From The Last 14 Days
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April 17, 2014
07:54 EDTVZVerizon 2014 consensus estimates have upside, says Jefferies
Jefferies sees upside to the 2014 consensus estimates for Verizon given the better than expected equipment installment plans market. The firm sees 17% upside to its year-end price target of $55 and it keeps a Buy rating on Verizon.
April 15, 2014
13:49 EDTVZEarnings Preview: Analysts optimistic on Intel ahead of Q1 report
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April 14, 2014
09:10 EDTVZT-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTVZT-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
07:06 EDTVZU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
April 11, 2014
09:19 EDTVZANADIGICS ships AWC6383 dual-band ProVantage PA to Samsung
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07:26 EDTVZTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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April 9, 2014
11:15 EDTVZT-Mobile unveils $40 monthly price plan called 'Simple Starter'
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April 8, 2014
07:14 EDTVZAT&T wants to force customers in Alabama town to switch to wireless, WSJ reports
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April 7, 2014
16:01 EDTVZOptions Update; April 7, 2014
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09:34 EDTVZActive equity options trading on open
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07:04 EDTVZCincinnati Bell to sell wireless spectrum licenses to Verizon Wireless
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