Verizon Q3 Results Top Estimates; Backs FY23 Outlook

Verizon Q2 Profit Weak, Revenues Miss View, Backs Outlook; Stock Down

Shares of Verizon Communications were losing nearly 6 percent in the early morning trading on the NYSE on Monday after the telecom major maintained its fiscal 2024 outlook after reporting weak profit in its second quarter, in line with Street estimates. Revenues edged up on strong wireless service revenue and broadband subscriber growth, but missed market estimates.

RTTNews | 402天前

Verizon Records Non-cash Goodwill Impairment Charge In Q4 Of About $5.8 Bln

Verizon Communications Inc. (VZ) revealed Wednesday in a filing Form 8-K with the U.S. Securities and Exchange Commission that it recorded a non-cash goodwill impairment charge in the fourth quarter of approximately $5.8 billion (before and after-tax), resulting in the goodwill balance of the Business reporting unit of $1.7 billion as of December 31, 2023.

RTTNews | 589天前

Verizon To Offer All New Apple IPhone 15, Watch Lineup

Telecom major Verizon Communications Inc. said it will offer Apple Inc.'s all new lineup of iPhone 15 and iPhone 15 Plus, as well as Apple Watch Series 9 and Apple Watch Ultra 2. Verizon will also offer iPhone 15 Pro and iPhone 15 Pro Max, Apple's lightest Pro models ever. The new Apple Watch lineup also includes the second generation of Apple Watch SE, and AirPods Pro.

RTTNews | 716天前

Verizon Says Manon Brouillette Steps Down As CEO Of Verizon Consumer Group

Verizon Communications Inc. (VZ) announced Monday that Manon Brouillette, CEO of Verizon Consumer Group, has stepped down from the role she has held since January 2022.

RTTNews | 997天前

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.

RTTNews | 36分鐘前

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.

RTTNews | 1小時5分鐘前

Sensex, Nifty Seen Tad Higher At Open As IIP Growth Recovers

Indian shares may open on a positive note on Friday after official data showed India's industrial output production expanded at the fastest pace in four months in July.

RTTNews | 1小時39分鐘前

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.

RTTNews | 2小時11分鐘前

EURUSD	1.16617	GBPUSD	1.34971	AUDUSD	0.65374
USDJPY	146.989	USDCAD	1.37538	USDCHF	0.80261