The telecom giant reported mixed quarterly earnings results early Tuesday. » Read More
The company, which suffered a six-week long strike by 40,000 wireline workers during the second quarter, said net income attributable to Verizon fell to $702 million, or 17 cents per share, from $4.23 billion, or $1.04 per share, a year earlier. Total operating revenue fell to $30.53 billion from $32.22 billion. Verizon said on Monday it would buy Yahoo Inc's core...
Yahoo started out as a search company but got involved in several other things, and then Google came along, says Creative Strategies' Tim Bajarin.
It might not be Marissa Mayer's choice to remain or leave Yahoo, says S&P Global Market Intelligence's Scott Kessler.
Sprint Corp., up $1.28 to $5.90. Yahoo Inc., down $1.06 to $38.32. Verizon agreed to buy Yahoo's internet business for $4.83 billion as it seeks a wider digital audience.
Verizon Yahoo deal shows just how important content has become in the mobile advertising wars, says Bruce Abramson.
Some analysts and investors had raised questions about Sprint's financial position after majority owner SoftBank Corp agreed earlier this month to buy UK chipmaker ARM Holdings Plc for $32 billion. Sprint had negative cash flow of $3.17 billion in the financial year ended March 31. The carrier, based in Overland Park, Kansas, also experienced its lowest...
Heavy discounts helped Sprint attract the most postpaid subscribers on a net basis for any first quarter in nine years.
Analysts and investors had raised questions about Sprint's financial position after majority owner SoftBank Corp agreed earlier this month to buy UK chipmaker ARM Holdings Plc for $32 billion. "We expect that we will have adequate sources to provide all the capital necessary to fund the business and repay the debt maturities due in FY 16," Chief Financial...
When the year’s most hotly anticipated tech deal went down, Wall Street’s biggest banks got elbowed aside by upstart competitors.
The quarter also had the lowest postpaid phone churn in the company's history, Chief Executive Marcelo Claure said in a statement on Monday. However, the company's net loss widened to $302 million, or 8 cents per share, from $20 million, or 1 cent per share, a year earlier. Sprint, majority owned by Japan's SoftBank Corp, said its net operating revenue fell marginally...
Recode's Kara Swisher, shares her thoughts on Verizon's $4.8 billion bid for Yahoo and Marissa Mayer's future.
July 25- Sprint Corp, the No.4 U.S. wireless carrier, reported a bigger quarterly loss as the company provided heavy discounts to attract customers. The company's net loss widened to $302 million, or 8 cents per share, in the first quarter ended June 30, from $20 million, or 1 cent per share, a year earlier. Net operating revenue of Sprint, majority owned by Japan's...
Marni Walden, Verizon executive vp, and Tim Armstrong, AOL CEO, discusses whether Marissa Mayer will have a leadership role in the new company.
SAN FRANCISCO— Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet. "We have enormous respect for what Yahoo has accomplished: this transaction is about unleashing Yahoo's full potential," Armstrong said in a printed statement. Most analysts expect the deal to end the four-year reign of Yahoo's Mayer, who...
This deal gives us "scale," says Marni Walden, Verizon executive vp, discussing Verizon's $4.8 billion acquision of Yahoo's core internet assets, with Tim Armstrong, AOL CEO.
The Swedish mobile telecoms gear maker announces Hans Vestberg has stepped down with immediate effect.
Roger Entner, Recon Analytics, discusses the benefits of Verizon's acquisition of Yahoo.
Yahoo and AOL are declining assets which won't help Verizon build up its core strength in connectivity, says Global Equities Research's Trip Chowdhry.
Yahoo has been stuck in limbo and new leadership will boost morale, says King Lip, CIO at Baker Avenue Asset Management.
Clement Stenac, co-founder & CTO of Dataiku, discusses the data economy and the opportunities in the U.K. following Brexit.
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