Stocks fell Tuesday as geopolitical issues came back into play, offsetting upbeat earnings.» Read More
July 22- Verizon Communications Inc, the largest U.S. wireless telecoms company, reported better-than-expected quarterly revenue and profit due to a jump in postpaid wireless subscriber additions. Verizon's shares fell about 1 percent to $50.08 before the bell.
July 22- Verizon Communications Inc, the largest U.S. wireless telecoms company, reported a 6 percent rise in quarterly revenue as its postpaid wireless subscriber additions rose 53 percent.
Despite the shadow of geopolitics, major earnings reports and key reports on inflation and home sales could produce a back to business Tuesday.
NEW YORK— Verizon Wireless is launching a nationwide loyalty program this week for its 100- million-plus subscribers. Verizon is the first wireless carrier to roll out a comprehensive rewards program, and it's expecting big benefits from it. On July 10, Verizon said customer retention was "very good" in the second quarter.
Verizon will offer residential customers enhanced upload speeds, the giant said on Monday, underscoring the importance of digital media.
U.S. stock index futures pointed to a lower open on Monday, with investor sentiment subdued due to the ongoing turmoil in Gaza and Ukraine.
NEW YORK— Verizon is boosting the upload speeds of nearly all its FiOS connections to match the download speeds, vastly shortening the time it takes for subscribers to send videos and back up their files online. He expects that 95 percent of Verizon customers will see higher speeds.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
NEW YORK, July 18- A federal judge in New York has granted prosecutors access to a Gmail user's emails as part of a criminal probe, a decision that could fan the debate over how aggressively the government may pursue data if doing so may invade people's privacy.
NEW YORK, July 18- A federal judge in New York has granted prosecutors access to a Gmail user's emails as part of a criminal probe, in a decision that could fan the debate over how aggressively the government may pursue data if doing so may invade people's privacy.
Rupert Murdoch may have been canny in his $80 billion bid for Time Warner as potential bidders are busy absorbing their own large deals.
After 21st Century Fox's failed bid to acquire Time Warner, the question arises as to what other media giants are now in play for purchase?
Time Warner has rejected an approach from Rupert Murdoch's 21st Century Fox. Here's why it will be hard to escape.
Accounting giant Ernst & Young will pay $4 million to settle civil charges that it violated auditor independence rules, U.S. regulators said.
In 2012, Ernst& Young voluntarily decided to cease performing lobbying work for SEC registrant audit clients. " "Auditor independence is critical to the integrity of the financial reporting process," said Scott Friestad, an associate director in the SEC's enforcement division.
U.S. stocks climbed on Friday, but closed lower for the week, as investors weighed Wells Fargo results and readied for a slew earnings ahead.
Check out which companies are making headlines after the bell Thursday: Chevron, PriceSmart, Gap & more.
Verizon shares rose after CEO Lowell McAdam divulged parts of the company's second-quarter results in an interview with CNBC.
WASHINGTON, July 10- Verizon Communications Inc had a net addition of over 1.4 million postpaid subscribers in the second quarter, its chief executive said on Thursday, a dramatic increase from the first quarter, when customer growth fell short of expectations.
Dish Network said it plans to participate in the upcoming wireless spectrum auction which could position it to offer mobile services, Re/code reports.