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Fly News Breaks for February 4, 2020
ALSN, AME, AZZ, BASFY, BGG, COF, CAT, GM, CIT, DELL, DD, DE, FARO, F, GGG, HON, KUBTY, INTC, MMM, OC, SGPYY, SON, TEX, TRMB, VLVLY, VZ, WY
Feb 4, 2020 | 09:38 EDT
The World of Concrete will be held in Las Vegas on February 4-7.
News For WY;VZ;VLVLY;TRMB;TEX;SON;SGPYY;OC;MMM;INTC;KUBTY;HON;GGG;F;FARO;DE;DD;DELL;CIT;GM;CAT;COF;BGG;BASFY;AZZ;AME;ALSN From the Last 2 Days
VZ
Jul 21, 2021 | 09:02 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here
VZ
Jul 21, 2021 | 12:15 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.  1... To see the rest of the story go to thefly.com. See Story Here
VZ
Jul 21, 2021 | 08:54 EDT
Says expanding 5G and driving adoption is a priority in the second half. Says TracFone acquisition and Verizon Media Group sale expected to close in the second half, each subject to regulatory approval. Says generated strongest earnings on record in Q2. Says 5G available in portion of all 50 states. Says experienced one of the strongest net new wireless accounts quarters. Says year-over-year growth is no longer comparable for FY21 guidance as the planning assumption includes the Verizon Media Group sale closing at the end of Q3. Comments taken from Q2 earnings conference call.
VZ
Jul 21, 2021 | 07:09 EDT
Total revenue of $7.8 billion, an increase of 3.7 percent year over year, and relatively flat from second-quarter 2019. Total retail postpaid churn of 1.30 percent, and retail postpaid phone churn of 1.07 percent. 178,000 retail postpaid net additions, including 78,000 phone net additions.
VZ
Jul 21, 2021 | 07:03 EDT
Reports Q2 revenue $33.8B, consensus $32.68B. "We are executing on our multipurpose network strategy and producing positive results in each of our five growth vectors, recording strong second quarter results. With more connections on our network than anyone else, our already excellent network performance improved in the quarter and was recognized by RootMetrics as the best overall network performance for the 16th time in a row. We are also expanding our 5G Ultra Wideband and 5G Home markets," said Verizon Chairman and CEO Hans Vestberg. "We are excited about our momentum leading into the second half of the year. We are on track to close both the Tracfone and Verizon Media transactions, and will continue to bring value and choice to our customers."