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Stock Market & Financial Investment News

News Breaks
July 10, 2014
15:11 EDTVZVerizon Q2 postpay net adds beat expectations, says Wells Fargo
After Verizon CEO Lowell McAdam said the company had 1.4M postpay net adds in Q2 and ''record'' postpay tablet sales, Wells Fargo noted that the net adds were higher than the firm's recently increased estimate and above Street consensus. The firm notes that the company's prior postpay tablet add record was 634K and that it expects Verizon to have industry-leading 4G smartphone handset gains in Q2. Wells maintains its Outperform rating on Verizon.
News For VZ From The Last 14 Days
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October 14, 2014
09:37 EDTVZActive equity options trading on open
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08:13 EDTVZCorvex says Crown Castle, Verizon deal would 'diversify' revenues
Corvex said, "A Verizon (VZ) tower deal would diversify Crown Castle's (CCI) revenues and deepen the company's relationship with arguably the U.S.'s strongest wireless company and operator of the country's most robust network. As the largest and most-focused U.S. tower operator and the largest operator of legacy carrier portfolios, Crown Castle could be the best strategic acquirer of Verizon's tower assets. That does not mean the company will be best positioned financially to provide the highest and best bid though. Based on recent press articles, the potential sale price for the Verizon towers could be approximately $6B. However, we strongly believe that the company should not issue any equity at recent prices, and certainly not to acquire more tower assets at premium prices when Crown Castle continues to trade at a material discount to both transaction multiples and publicly traded peers."
October 9, 2014
09:33 EDTVZGE, Verizon announce alliance
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October 8, 2014
09:38 EDTVZActive equity options trading on open
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October 7, 2014
16:00 EDTVZOptions Update; October 7, 2014
iPath S&P 500 VIX Short-Term Futures up 2.16 to 32.24 Option volume leaders: AAPL TSLA TWTR AMZN FB VZ AA HTZ NFLX PBR according to Track Data.

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