Verizon Communications Inc
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Stocks are slightly lower in afternoon trading as technology stocks fell into the red. The market had moved higher after Federal Reserve Chairman Ben Bernanke reiterated that reducing policy stimulus will depend on an improvement in the economic data.
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AT&T Inc. fell$. 06 or. 2 percent, to $36.94. Sprint Nextel rose$. 03 or. 3 percent, to $7.21. Verizon Communications Inc. rose$. 11 or. 2 percent, to $52.66.
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Verizon Wireless said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June.
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Verizon Wireless said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June.
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AT&T Inc. fell$. 36 or 1.0 percent, to $37.00. Sprint Nextel fell$. 18 or 2.4 percent, to $7.18. Verizon Communications Inc. fell$. 34 or. 6 percent, to $52.55.
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BASKING RIDGE, N.J.-- Verizon Wireless said Monday that it will make a $7 billion distribution to its owners. The company, based in Basking Ridge, N.J., is a joint venture between Verizon Communications Inc. and Vodafone Group PLC. Verizon owns 55 percent of the partnership and Vodafone owns 45 percent.
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May 13- Verizon Wireless, the biggest U.S. mobile service provider, said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June. The dividend comes amid mounting speculation Verizon could buy Vodafone's stake in the venture if they can agree on a price.
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Check out which companies are making headlines after the bell Monday:
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May 13- Verizon Wireless said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June.
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AT&T Inc. fell$. 30 or. 8 percent, to $37.06. Sprint Nextel fell$. 12 or 1.6 percent, to $7.25. Verizon Communications Inc. fell$. 25 or. 5 percent, to $52.64.
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PUNE, India, May 13- An Indian payment card processing company acknowledged on Monday that hackers breached its security to increase the limits on some pre-paid card accounts in a global ATM heist in December.
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AT&T Inc. fell$. 19 or. 5 percent, to $37.17. Sprint Nextel fell$. 08 or 1.0 percent, to $7.28. Verizon Communications Inc. fell$. 38 or. 7 percent, to $52.51.
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AT&T Inc. rose$. 03 or. 1 percent, to $37.36. Sprint Nextel rose$. 01 or. 1 percent, to $7.36. Verizon Communications Inc. rose$. 18 or. 3 percent, to $52.89.
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AT&T Inc. fell$. 07 or. 2 percent, to $37.26. Sprint Nextel fell$. 02 or. 3 percent, to $7.33. Verizon Communications Inc. rose$. 01 or percent, to $52.72.
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*ISS says Sprint offer is Clearwire's best option. May 10- The biggest U.S. proxy advisory firms were divided on Sprint Nextel Corp's proposed acquisition of Clearwire Corp, with ISS advising Clearwire shareholders to vote for the deal and Glass Lewis urging them to vote against it.
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AT&T Inc. rose$. 15 or. 4 percent, to $37.48. Sprint Nextel unchanged at $7.35. Verizon Communications Inc. rose$. 12 or. 2 percent, to $52.83.
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AT&T Inc. fell$. 50 or 1.3 percent, to $37.33. Sprint Nextel rose$. 03 or. 4 percent, to $7.35. Verizon Communications Inc. fell$. 40 or. 8 percent, to $52.71.
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AT&T Inc. fell$. 40 or 1.1 percent, to $37.43. Sprint Nextel rose$. 05 or. 7 percent, to $7.37. Verizon Communications Inc. fell$. 19 or. 4 percent, to $52.92.
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May 9- Cablevision Systems Corp reported a quarterly loss on Thursday as fewer people subscribed to its cable television services and its programming costs rose. Cablevision executives said programming costs jumped 12 percent and that double-digit increases are expected going forward.
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AT&T Inc. fell$. 38 or 1.0 percent, to $37.45. Sprint Nextel rose$. 04 or. 5 percent, to $7.36. Verizon Communications Inc. fell$. 18 or. 3 percent, to $52.93.
