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Fly News Breaks for June 4, 2015
VZ, DTV, T
Jun 4, 2015 | 06:08 EDT
JPMorgan analyst Philip Cusick upgraded AT&T (T) to Overweight saying synergies from the DirecTV (DTV) acquisition should drive higher free cash flow. Cusick expects the deal to close on June 30. Further, he believes AT&T's projects that were dilutive in 2014, such as VIP and Agile, should be accretive over time. The analyst raised his price target for AT&T shares to $40 from $35. He coupled the upgrade with a downgrade of Verizon (VZ) to Neutral. Shares of AT&T closed yesterday up 68c to $35.04.
News For T;DTV;VZ From the Last 2 Days
VZ
Apr 22, 2024 | 16:28 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
VZ
Apr 22, 2024 | 12:15 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
VZ
Apr 22, 2024 | 09:41 EDT
VZ
Apr 22, 2024 | 08:57 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - Vista... To see the rest of the story go to thefly.com. See Story Here
VZ
Apr 22, 2024 | 07:08 EDT
VZ
Apr 22, 2024 | 07:07 EDT
Total wireless service revenue of $19.5 billion, a 3.3 percent increase year over year. Retail postpaid phone net losses of 68,000, and retail postpaid net additions of 253,000. Retail postpaid phone churn of 0.89 percent, and retail postpaid churn of 1.15 percent.
VZ
Apr 22, 2024 | 07:06 EDT
VZ
Apr 22, 2024 | 07:05 EDT
Total wireless service revenue growth of 2.0 percent to 3.5 percent. Adjusted EBITDA growth of 1.0 percent to 3.0 percent. Capital expenditures between $17.0 billion and $17.5 billion. Adjusted effective income tax rate1 in the range of 22.5 percent to 24.0 percent.
VZ
Apr 22, 2024 | 07:03 EDT
Reports Q1 revenue $33B, consensus $33.24B.
