New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 10, 2012
09:22 EDTVZVerizon says expects to record 'significant' charge in Q4
On December 10, the Verizon Management Pension Plan (VZ) purchased a single premium group annuity contract from The Prudential Insurance Company of America (PRU) to settle approximately $7.5B of pension liabilities of the Plan. The purchase was made pursuant to the definitive purchase agreement, dated October 17, entered into by Verizon Communications, Verizon Investment Management Corp., Fiduciary Counselors Inc., as independent fiduciary of the Plan, Prudential and Prudential Financial, Inc. Verizon contributed an aggregate of approximately $2.6B to the Plan since September 1 in connection with the transaction. Verizon says it will remeasure our pension and other postemployment benefit assets and liabilities based on updated actuarial assumptions including the actual return on plan assets during the year and the then current discount rate. As a result of this remeasurement and the purchase, Verizon expects to record a significant charge in Q4.
News For VZ From The Last 14 Days
Check below for free stories on VZ the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 22, 2014
10:02 EDTVZBofA/Merrill's telecom analysts hold an analyst/industry conference call
Subscribe for More Information
08:01 EDTVZJacobs Engineering to acquire Verizon's FNS subsidiary
Subscribe for More Information
07:16 EDTVZiPhone sales could be hurt by fading phone subsidies, WSJ reports
Sales of Apple's (AAPL) iPhones may be further pressured as carriers make faster progress in transitioning customers away from subsidies, the Wall Street Journal reports. U.S. wireless carriers like T-Mobile US (TMUS) and AT&T (T) have been having more success than expected in moving customers to non-subsidy plans, a transition that could harm sales of expensive handsets such as the iPhone. Reference Link
April 20, 2014
17:11 EDTVZVerizon, AT&T may be limited in upcoming spectrum auction, WSJ says
Subscribe for More Information
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
Subscribe for More Information
April 14, 2014
09:10 EDTVZT-Mobile CEO starts petition for consumers to call on peers to end overages
Subscribe for More Information
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
Subscribe for More Information
07:26 EDTVZTime Warner struggling to force Dodgers network on pay-TV players, LAT say
Subscribe for More Information
April 9, 2014
11:15 EDTVZT-Mobile unveils $40 monthly price plan called 'Simple Starter'
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use