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Verizon Communications Inc

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  • Verizon workers vote to authorize strike, if necessary Saturday, 25 Jul 2015 | 5:22 PM ET

    NEW YORK— Verizon workers in nine states have voted to go on strike if necessary over a dispute about a new contract, a union official said at a rally Saturday. At the rally in New York, the CWA announced that 86 percent of Verizon workers who voted in a recent poll backed strike action if required. The contract covers employees the nine states from Massachusetts to...

  • July 23- AT&T Inc reported a better-than-expected quarterly profit as it managed costs and added wireless customers, sending its shares up 2.1 percent in extended trading on Thursday. As the U.S. wireless market reaches saturation, AT&T and its bigger rival Verizon Communications have been fighting off smaller rivals such as T-Mobile US Inc, which has...

  • NEW YORK— Despite a slowdown in subscriber growth, the Internet is still propelling Comcast. Comcast's Internet customers surpassed its cable customers in the second quarter for the first time ever, underscoring that the future of the industry is broadband. Fears about a larger Comcast's dominance of the high-speed Internet market led to the downfall in...

  • UPDATE 1-U.S. states tell phone companies: Stop robocalls Wednesday, 22 Jul 2015 | 4:27 PM ET

    In a letter to the chief executives of AT&T Inc, CenturyLink Inc, Sprint Corp, T-Mobile USA Inc and Verizon Communications Inc, the attorneys general said a June 18 ruling by the Federal Communications Commission made clear there are no legal barriers to offering the technology. The FCC gave what it called a "green light" for phone companies to offer "do not disturb"...

  • U.S. states tell phone companies: Stop robocalls Wednesday, 22 Jul 2015 | 2:21 PM ET

    In a letter to the chief executives of AT&T Inc, CenturyLink Inc, Sprint Corp, T-Mobile USA Inc and Verizon Communications Inc, the attorneys general said a June 18 ruling by the Federal Communications Commission made clear there are no legal barriers to offering the technology. The FCC gave what it called a "green light" for phone companies to offer "do not disturb"...

  • NY attorney general, others urges call blocking on phones Wednesday, 22 Jul 2015 | 12:45 PM ET

    ALBANY, N.Y.— New York's attorney general has joined counterparts from 44 other states in calling on five major phone companies to offer call-blocking technology to customers to help stop robocalls. The letters have been sent to AT&T, Sprint, Verizon, T-Mobile and CenturyLink. New York Attorney General Eric Schneiderman says his office gets "numerous...

  • Chesapeake Energy and IBM are big market movers Tuesday, 21 Jul 2015 | 4:24 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Chesapeake Energy Corp., down 98 cents to $9.29. IBM Corp., down $10.15 to $163.07.

  • Dow closes off triple digits as IBM, UTX slide Tuesday, 21 Jul 2015 | 4:00 PM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stocks closed lower, with the Dow Jones industrial average pressured by lackluster earnings from a few blue chips.

  • July 21- Verizon Communications Inc on Tuesday lowered its full-year revenue target as it fends promotions from its competitors. Customers shifted to the installment plans at a higher rate than Verizon had anticipated earlier in the year, resulting in a decline in service revenue, Chief Financial Officer Fran Shammo said in an interview.

  • Will Trump's remarks on veterans cost him again? Tuesday, 21 Jul 2015 | 1:22 PM ET
    Donald Trump gestures while speaking surrounded by people whose families were victims of crimes by illegal immigrants on July 10, 2015, while meeting with the press at the Beverly Wilshire Hotel in Beverly Hills, California.

    After companies dumped Trump due to offensive remarks toward Mexican immigrants, could more follow suit after his comments on veterans?

  • *IBM down after revenue falls for 13th straight quarter. *Apple, Microsoft, Yahoo to report results after market. July 21- U.S. stocks fell in early afternoon trading on Tuesday as weak revenue at IBM and United Technologies weighed on the Dow and investors awaited results from tech giants including Apple and Microsoft.

  • July 21- Verizon Communications Inc on Tuesday lowered its full-year revenue target after users on average paid less for its services during the second quarter amid continuing industry competition and promotional activity. Verizon said it expected full-year revenue growth of at least 3 percent, below its previous forecast of 4 percent.

  • *IBM down after revenue falls for 13th straight quarter. *Apple, Microsoft, Yahoo to report results after market. July 21- Wall Street was lower in late morning trading on Tuesday as weak revenue at IBM and United Technologies weighed on the Dow and the S&P 500 and investors awaited results from tech giants including Apple and Microsoft.

  • Verizon earnings beat on rise in subscribers Tuesday, 21 Jul 2015 | 10:24 AM ET
    Customers enter a Verizon Wireless store in New York.

    Verizon delivered quarterly earnings that beat analysts' expectations on Tuesday, boosted by an increase in wireless subscribers.

  • *IBM down after revenue falls for 13th straight quarter. *Apple, Microsoft, Yahoo to report results after market. July 21- Weak results from IBM and United Technologies weighed on the Dow and the S&P 500 while the Nasdaq Composite hovered near record levels ahead of a raft of earnings from tech giants including Apple and Microsoft.

  • Apple earnings in focus for Wall Street Tuesday, 21 Jul 2015 | 9:26 AM ET
    Customers outside an Apple store in Madrid, Spain.

    U.S. stocks were expected to open a touch weaker on Tuesday, as earnings season gets into full swing with the likes of Apple reporting this session.

  • July 21- Verizon Communications Inc, the biggest U.S. wireless service provider, reported a 2.4 percent rise in quarterly revenue as it added 1.1 million postpaid wireless subscribers ahead of the launch its online video service. Net income attributable to Verizon was $4.23 billion, or $1.04 per share, in the second quarter ended June 30, compared with $4.21...

  • July 21- Verizon Communications Inc reported a better-than-expected rise in quarterly profit as more users signed up for its postpaid wireless services and subscriber defections fell to a three-year low. Revenue from Verizon's FiOS high-speed Internet, TV and phone service rose 10 percent to $3.4 billion, while tablet sign-ups totaled 852,000 in the...

  • Early movers: TRV, UTX, VZ, RF, DEPO, NKE & more Tuesday, 21 Jul 2015 | 8:04 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Verizon tops 2Q profit forecasts Tuesday, 21 Jul 2015 | 7:39 AM ET

    NEW YORK— Verizon Communications Inc. on Tuesday reported second-quarter earnings that topped analyst expectations as it signed up more wireless customers. But Verizon said its "churn" rate, which measures customers canceling service, was the lowest in three years. Sprint and T-Mobile have been aggressive with promotions and deals to grab customers from...