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Verizon Communications Inc

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  • Sprint's stance starkly contrasts with that of other U.S. wireless and cable companies such as Comcast Corp, Time Warner Cable Inc, Verizon Communications Inc and AT&T Inc.. In a call with investors last week, Verizon's Chief Executive Officer Lowell McAdam said that the stronger regulatory regime is "completely the wrong way to go" and would stifle job creation...

  • TOKYO, Feb 10- Japan's SoftBank Corp said on Tuesday its third-quarter operating profit slid 5.9 percent, missing estimates, as the ambitious mobile telecom firm continues to soak up the cost of trying to turn around loss-making U.S. unit Sprint Corp.. Japan's third-biggest mobile carrier by subscriber numbers kept its operating profit forecast for the...

  • SINGAPORE, Feb 9- A barrage of damaging cyberattacks is shaking up the security industry, with some businesses and organisations no longer assuming they can keep hackers at bay, and instead turning to waging a guerrilla war from within their networks. Also, Amy Pascal said she would step down as co-chairman of Sony Pictures Entertainment, two months after...

  • SINGAPORE, Feb 9- A barrage of damaging cyberattacks is shaking up the security industry, with some businesses and organizations no longer assuming they can keep hackers at bay, and instead turning to waging a guerrilla war from within their networks. Also, Amy Pascal said she would step down as co-chairman of Sony Pictures Entertainment, two months after...

  • LONDON, Feb 6- Morgan Stanley co-head of mergers and acquisitions for EMEA Johannes Groeller is to join Paul Taubman's advisory boutique, a source familiar with the move said. Groeller, who previously served as Morgan Stanley's co-head of investment banking in Germany and Austria, is the latest managing director to leave the "bulge bracket" bank and join...

  • Stocks close down, but post strong weekly gains Friday, 6 Feb 2015 | 4:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    U.S. stocks closed down, ending the week higher, amid concerns over Greece and a jobs report that renewed the possibility of an earlier rate hike.

  • Is RadioShack's name even worth saving? Friday, 6 Feb 2015 | 12:57 PM ET
    A customer leaves a RadioShack store in San Francisco and a Sprint store is shown in Fort Lauderdale, Fla.

    Analysts say it would be a risky move to keep the RadioShack name associated with Sprint's newly acquired locations.

  • Early movers: TWTR, MSG, EBAY, GPRO & more Friday, 6 Feb 2015 | 8:00 AM ET

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

  • PARIS, Feb 6- Telecom equipment maker Alcatel-Lucent pledged to lift profitability again this year through cost cuts after six straight quarters of gross margin improvements and also plans to list its undersea cables business in the second half. Chief Executive Michel Combes expressed confidence on Friday that the company would deliver on the central...

  • Cash withdrawals totaled $150 billion from Pimco's U.S. open-end mutual funds in 2014. In January, investors pulled $11.6 billion from the Pimco Total Return Fund. 'said Mendel Melzer, chief investment officer for The Newport Group, a Heathrow, Florida- based consultant to institutional investors, including 400 retirement plans, with $21 billion in assets...

  • SAN FRANCISCO, Feb 5- Verizon Communications said it would sell wireline assets to Frontier Communications for $10.54 billion in cash and sell and lease cell phone towers for around $5 billion to American Tower in a deal that will help it pay off recent wireless spectrum purchases. Frontier will nearly double its size by buying Verizon's local wireline...

  • Verizon will sell $15.54 billion in assets Thursday, 5 Feb 2015 | 5:59 PM ET
    Verizon CEO Lowell C. McAdam speaks during a keynote address at the 2013 Consumer Electronics Show in Las Vegas.

    Verizon announced two multibillion-dollar deals after hours on Thursday.

  • SAN FRANCISCO, Feb 5- Verizon Communications Inc will sell wireline assets to Frontier Communications Corp for $10.54 billion in cash and cell phone towers worth over $5 billion to American Tower Corp, the company said on Thursday. The assets being sold to Frontier and American Tower are the latest in a series of non-core assets that Verizon has sold in recent...

  • Congress slow to agree on Internet regulation Thursday, 5 Feb 2015 | 4:50 PM ET

    That means that communications legislation written in 1934, when Franklin D. Roosevelt was in office, will likely be used to regulate how Internet service providers like AT&T, Verizon and Comcast do business with content providers like Google, Netflix, YouTube and Amazon. On Wednesday, FCC Chairman Tom Wheeler announced a plan that would put Internet service...

  • SAN FRANCISCO, Feb 5- Sprint Corp aims to expand its retail footprint with 500 stores this year and is considering troubled electronics retail chain Radioshack's prime real estate, Chief Executive Marcelo Claure told Reuters on Friday. "We're looking at RadioShack very closely, in terms of what's going to happen. Radioshack is preparing to shut down and sell...

  • Here's what net neutrality could mean to you Thursday, 5 Feb 2015 | 9:48 AM ET
    Federal Communications Commission Chairman Tom Wheeler

    A look at the issue of net neutrality and why you should care.

  • Early movers: HSP, LB, SIRI, YUM, CME & more Thursday, 5 Feb 2015 | 7:49 AM ET

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

  • NEW YORK/ SAN FRANCISCO, Feb 4- Verizon Communications is close to selling wireline assets worth $10 billion to regional telephone operator Frontier Communications Corp, a person familiar with the matter said on Wednesday. The largest U.S. carrier by subscribers, Verizon has been investing heavily in growing its wireless business while reducing spend on its...

  • Federal Communications Commission Chairman Tom Wheeler, in an op-ed on Wired.com, said he sought the "strongest open Internet protections ever proposed by the FCC" that would apply, for the first time, to both wireless and wired Internet services providers. Wheeler on Thursday will share his latest plan with other FCC commissioners. The five-member FCC will...

  • Verizon joins price battle, cuts data plan costs Wednesday, 4 Feb 2015 | 12:48 PM ET
    A customer walks into a Verizon Wireless retail store in Washington, D.C.

    A monthly shared data plan with 1GB of data will now start at $30 a month, rather than $40, with other plans getting a similar cut, Recode reports.