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Stock Market & Financial Investment News

News Breaks
January 7, 2013
15:19 EDTVZVerizon CEO expects company to take $9B-$10B one-time charge in Q4, Reuters says
Verizon's CEO said $7B of the special items are related to pension liability, $1.5B of the special items are related to restructuring of debt, and $1B of the special items are related to Superstorm Sandy, according to Reuters.
News For VZ From The Last 14 Days
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May 17, 2013
16:47 EDTVZFitch affirms Verizon's IDR at 'A', outlook stable
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15:12 EDTVZFocus on Verizon Wireless stake ahead of Vodafone earnings, Reuters says
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06:50 EDTVZVerizon initiated with an Overweight at Barclays
Target $59.
May 14, 2013
11:54 EDTVZVerizon CFO says 'very comfortable' with cash position, ability to pay dividend
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11:49 EDTVZVerizon CFO declines to comment on potential to purchase Vodafone JV stake
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May 13, 2013
16:48 EDTVZVerizon Wireless to make $7B payment to Verizon, Vodafone
Verizon (VZ) disclosed in a regulatory filing that on May 9, the board of representatives of Verizon Wireless declared distributions to its owners in the aggregate amount of $7B, payable on June 25 in proportion to their respective partnership interests on the date of such distribution. Based on current ownership interests in Verizon Wireless, Verizon will receive cash payments aggregating $3.85B and Vodafone (VOD) will receive cash payments aggregating $3.15B.
07:29 EDTVZSkillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16.
May 10, 2013
07:08 EDTVZESPN considers subsidizing wireless data plans, WSJ reports
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May 6, 2013
07:17 EDTVZSummit Business Media holds a conference
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07:10 EDTVZSome Verizon shareholders ok to pay premium for wireless venture, Reuters says
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06:06 EDTVZOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Toyota (TM) and Honda (HMC) were top sellers a few years ago and by a wide margin. No more. Now, it is a wide-open market. Ford (F) and GM (GM) have turned their midsize sedans into real challengers and closed the quality gap with Japan, the Wall Street Journal reports...There was no big news at Berkshire Hathaway’s (BRK.A) annual meeting this past weekend, but there was one great lesson for investors: Perhaps the most important thing you can do when everything seems to be going right in your portfolio is to listen to somebody who insists you are wrong, the Wall Street Journal reports...REUTERS: Some Verizon Communications (VZ) shareholders say they could be happy for the company to pay up to $130B for Vodafone Group’s (VOD) stake in their U.S. wireless venture. Two large shareholders in Verizon say they could be comfortable with paying 20% to 30% more to secure Verizon Wireless, Reuters reports...A unit of Sinopec Group (SHI) and brokerage China Galaxy Securities are launching Hong Kong IPOs today seeking to raise up to $3.5B in total, injecting life into Asia's moribund IPO markets where deal values more than halved in Q1, Reuters reports...BLOOMBERG: Bond investors are gaining confidence that Fed Chairman Bernanke will unwind the central bank’s unprecedented $3.3T balance sheet without sparking a crash similar to 1994, Bloomberg reports...Apple (AAPL) is missing out on an opportunity to court up to 2.8B new smartphone customers, many of them in Asia, as wireless-service providers balk at conditions imposed by the iPhone maker and drag their heels in signing on as partners, Bloomberg reports.

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