You’d think that after months of speculation, the introduction of the iPhone on the Verizon network would send the Street jumping for joy. But VZ is selling off...
By adding Apple's iPhone 4 to Verizon's smartphone base, which currently generates about $100 roughly per customer, this will "jump dramatically and deliver significant value to our shareholders," Lowell McAdam, president of Verizon Communications, told CNBC on Tuesday.
Stocks advanced amid several positive earnings reports and as debt concerns among peripheral euro zone countries faded for the moment. HP and BofA rose, while Verizon fell.
This was a live blog from New York City's Rose Theatre where Verizon announced it will begin selling the Apple iPhone in its stores February, 2011. You can read how the announcement unfolded by reading from the bottom to the top.
The deal to bring the iPhone to Verizon is a big one. Verizon customers have been waiting for years, and the company should see a boost in the number of subscribers that it adds.
Verizon is set to offer an iPhone, cranking up the fight over smartphones, which can mean millions of dollars in revenue for wireless companies, the New York Times reports.
Not only could these companies be taken out, Cramer said the fundamentals are good too.
Cramer details bull market behavior not seen in 10 years.
Considering Apple tends to run ahead of a product launch and then sell-off, how should you position, especially with the stock at such lofty levels?
There were big buyers of the Verizon Jan '11 37-strike calls, with investors wagering that Verizon stock will close above $37.25 by the third week in January.
Stocks ended mixed, but off the lows of the session, amid rekindled European debt worries and as investors awaited the start of the earnings season.
Stocks pared some of their earlier losses as tech stocks gained, but remained under pressure for a third straight session Monday amid rekindled European worries and as investors awaited the start of the earnings season. AT&T and DuPont fell, while BofA rose.
Apple hit fresh all time highs in anticipation of Verizon’s iPhone announcement on Tuesday, but we're hearing there may be a better place to put money to work.
Stocks fell as investors awaited the start of the earnings season and shrugged off a spate of mergers and acquisitions activity. DuPont and Microsoft fell fell, while GE rose.
The Consumer Electronics Show proved to be a lot more vibrant than I expected. The buzz going in was that everything was “me, too,” and nothing innovative would be being shown. Instead, the press conferences jumped the gun and were early by a day, and the show itself was mobbed. It turned out to be a banner year for product introductions and excitement.
The worst-kept secret in technology is about to become official. Verizon has scheduled an announcement on Tuesday, and just about everyone says it’s to tell the world exactly when it will begin servicing the iPhone.
Tremendous excitement over the weekend about the likely Verizon announcement of a CDMA-based iPhone on Tuesday. Stifel Nicolaus thinks five to six million AT&T subscribers may switch to VZ, despite two-year contracts and Family Plans from AT&T.
Concerned by the wave of requests for customer data from law enforcement agencies, Google last year set up an online tool showing the frequency of these requests in various countries. In the first half of 2010, it counted more than 4,200 in the United States. The New York Times reports.
Considering gold broke below its December low of $1360, did the bubble just pop? Find out why Dennis Gartman says no way!
The "Fast Money" traders debate whether strong sales of the popular Xbox gaming system is enough to move the needle for MSFT.