U.S. markets close in 4 hours 44 minutes

  • S&P 500

    3,865.97
    -23.17 (-0.60%)
     

  • Dow 30

    32,193.95
    -226.11 (-0.70%)
     

  • Nasdaq

    12,826.23
    -135.66 (-1.05%)
     

  • Russell 2000

    2,105.75
    -28.51 (-1.34%)
     

  • Crude Oil

    57.55
    -3.63 (-5.93%)
     

  • Gold

    1,734.40
    +1.20 (+0.07%)
     

  • Silver

    25.01
    -0.22 (-0.88%)
     

  • EUR/USD

    1.1797
    -0.0022 (-0.19%)
     

  • 10-Yr Bond

    1.6000
    -0.0140 (-0.87%)
     

  • GBP/USD

    1.3717
    +0.0027 (+0.20%)
     

  • USD/JPY

    109.0820
    +0.3480 (+0.32%)
     

  • BTC-USD

    50,949.92
    -6,071.51 (-10.65%)
     

  • CMC Crypto 200

    1,020.84
    -23.08 (-2.21%)
     

  • FTSE 100

    6,636.90
    -75.99 (-1.13%)
     

  • Nikkei 225

    28,729.88
    +324.36 (+1.14%)
     

Verizon Communications to report earnings April 21, 2021

  • Oops!
    Something went wrong.
    Please try again later.
Verizon Communications
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

BASKING RIDGE, N.J., March 25, 2021 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report first quarter 2021 earnings on Wednesday, April 21.

The company will present results on a webcast beginning at 8:30 a.m. Eastern Time. Access instructions and presentation materials, including Verizon’s earnings news release and financial tables, will be available at 7:30 a.m. on Verizon’s Investor Relations website, https://www.verizon.com/about/investors.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Eric Wilkens
eric.wilkens@verizon.com
201.572.9317
@ericwilkens


Recommended Stories

  • Why There Could Be at Least 1 More Big Acquisition in the Cannabis Industry This Year

    There has been a surge of mergers and acquisitions activity in the cannabis industry of late. Aphria (NASDAQ: APHA) and Tilray (NASDAQ: TLRY) are linking up in one of the sector's highest-profile mergers, and other industries are getting in on the action. Jazz Pharmaceuticals (NASDAQ: JAZZ) is acquiring GW Pharmaceuticals (NASDAQ: GWPH), maker of Epidiolex, a cannabis-based seizure medication, for $7.2 billion, and a subsidiary of British American Tobacco is taking a 19.9% stake in OrganiGram.

  • Cisco Stock Is Rallying Because It’s a Reopening Play

    Cisco stock is surging after Goldman analyst Rod Hall upgraded the networking giant to Buy from Neutral.

  • How individual investors poured money into stocks as a pandemic crash turned into a bull market

    The U.S. bull market in stocks just celebrated its first birthday this week. Will individual investors remain the life of the party?

  • U.S. Stocks Decline, Oil Drops Amid Suez Block: Markets Wrap

    (Bloomberg) -- U.S. equities slumped for a third day while oil turned lower after a rally spurred by the blockage of the Suez Canal.Energy and industrial companies were among the worst performers. The Russell 2000 gauge of small-cap shares flirted with a 10% correction from a bull-market peak reached just 10 days ago. Investors largely ignored data that showed weekly jobless claims falling more than forecast. Nike Inc. fell on concern the company risked a boycott in China over its practice of not sourcing cotton from the contentious Xinjiang region. U.S. benchmark 10-year yields were steady around 1.6%.West Texas Intermediate crude fell below $60 a barrel, after adding almost 6% Wednesday. Tugs and diggers are trying to dislodge the ship stuck for a third day in the Suez Canal, a critical waterway for trade.U.S. stocks have come off record highs as investors assess the latest progress and setbacks in the fight against Covid-19, as well as the outlook for economic growth and inflation. Focus is also on Thursday’s seven-year Treasury auction, as poor demand for this maturity at last month’s sale helped trigger a global selloff in government debt and interest-rate sensitive stocks.“The markets are stuck in a lull where they are still taking some direction from the move in interest rates,” said Megan Horneman, director of portfolio strategy at Verdence Capital Advisors. “At this point we’re trying to get some more news globally that will be the next catalyst.”In Europe, stocks slumped, with concern over lockdown extensions and vaccine hiccups keeping cyclical shares on the back foot.Elsewhere, Bitcoin fell as much as 6.7%, reaching the lowest intraday price since March 15.These are some key events to watch this week:The U.S. Treasury auctions seven-year debt.U.S. personal income and spending data on Friday.These are some of the main moves in financial markets:StocksThe S&P 500 Index dipped 0.3% as of 10:26 a.m. New York time.The Stoxx Europe 600 Index fell 0.6%.The MSCI Asia Pacific Index climbed 0.2%.The MSCI Emerging Market Index declined 0.5%.CurrenciesThe Bloomberg Dollar Spot Index was little changed.The euro slipped 0.1% to $1.1803.The British pound gained 0.4% to $1.3736.The Japanese yen weakened 0.3% to 109.10 per dollar.BondsThe yield on 10-year Treasuries decreased one basis point to 1.60%.Germany’s 10-year yield fell three basis points to -0.38%.Britain’s 10-year yield sank four basis points to 0.72%.CommoditiesWest Texas Intermediate crude fell 3.2% to $59.24 a barrel.Gold rose 0.2% to $1,738.74 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • 3 Dividend Stocks That Are Perfect for Retirement

    No stock is actually perfect, but if you are looking for retirement income, this trio of dividend payers has a lot to offer.

  • Keurig Dr Pepper CEO: we expect 'very strong' growth in 2021

    Keurig Dr Pepper CEO Bob Gamgort joins Yahoo Finance Live to discuss how the company is faring amid the pandemic and outlook for the carbonated soft drink market.

  • Exclusive: Goldman sends Indian employees back home as local COVID-19 cases rise

    Goldman Sachs told all but critical staff at its operation in Indian IT capital Bengaluru to return to working from home on Wednesday, reversing moves to get staff back to one of its biggest global offices as coronavirus infections in the city grew. India earlier reported a new variant of the coronavirus as new infections and deaths nationwide hit the highest this year, prompting the imposition of new restrictions in some states. Bengaluru reported 1,280 new infections on Tuesday, according to city data, and several sources at Goldman told Reuters that teams had been told to return to working from home ahead of an all-office townhall call at 2 p.m. local time on Thursday.

  • Bitcoin Traders Brace for Record $6B in Options to Expire Friday

    The record bitcoin options expiry could be bearish overhang on the market.

  • If You Invested $1,000 In Bitcoin One Year Ago, Here's How Much You'd Have Now

    Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 74.3%. But there is no question some investments performed better than others along the way. Bitcoin’s Big Run: As strong as the stock market has been since it bottomed on March 23, 2020, Bitcoin (CRYPTO:BTC) has been much stronger. After a wild ride that took Bitcoin prices near $20,000 in late 2017, the previous Bitcoin bubble burst in 2018 and the cryptocurrency finished the year down 72.6%. Bitcoin came back to life in 2019, however, finishing the year up 87.2% and priced at around $7,200. Several factors led to a surge in Bitcoin buying in 2020. First, investors concerned about the potential long-term damage that trillions of dollars in federal stimulus could do to the value of the dollar have flooded into Bitcoin as a potential safe-haven play. Second, younger Americans receiving three rounds of direct stimulus payments have poured a significant chunk of that cash into investments, including Bitcoin. Mizuho recently estimated the most recent round of $1,400 stimulus payments alone could contribute to roughly $24 billion in Bitcoin buying. After starting 2020 at around $7,200, Bitcoin prices had reached $10,000 by mid-February. See also: How to Buy Bitcoin (BTC) By the beginning of March, the volatile cryptocurrency was back down to around $8,600 after news of the coronavirus spreading in China prompted concerns about a U.S. pandemic. When the stock market bottomed on March 23, Bitcoin investors were feeling the pain as well. Investors who had purchased Bitcoin as a COVID-19 flight-to-safety trade were down big with Bitcoin priced at around $5,800 at the time. However, once the government stimulus payments started flowing, Bitcoin regained its swagger. By May 31, Bitcoin prices were back above $10,000, and they haven’t traded below $10,000 since September 2020. Related Link: If You Invested ,000 In Ford Stock One Year Ago, Here's How Much You'd Have Now Bitcoin In 2021, Beyond: Bitcoin made it to new all-time highs above $20,000 in December 2020, almost exactly three years after its last new high. The cryptocurrency eventually made it as high as $61,643 in recent weeks, more than tripling its 2017 high. In recent days, the cryptocurrency has pulled back from all-time highs, settling back down to around $55,500 at publication time. Still, Bitcoin investors who bought one year ago and held on have generated a massive return on their investment. In fact, $1,000 in Bitcoin bought on March 23, 2020, would be worth about $8,816 today. Given the exponential rise in Bitcoin prices in the past year coupled with the loss of stimulus payment support in the coming months, some investors are understandably growing concerned about a potential repeat of the 2018 sell-off. Bitcoin has experienced three boom-to-bust drawdowns of more than 80% in the past decade, and a similar sell-off in 2021 could send its price tumbling back down to around the $12,000 level. See more from BenzingaClick here for options trades from Benzinga'Stimmy' Checks And The Stock Market: Will The Retail Trading Frenzy Continue?Cash App Is Giving Away M In Bitcoin: What You Need To Know© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Option Trade: Adding Bullish Exposure To Your Portfolio With Microsoft Stock

    For this option trade, we're going to take a look at a bull call spread in Microsoft. With the stock showing an implied volatility reading that's the lowest it's been in twelve months, a bullish trade in Microsoft makes for a good way to add long exposure to your portfolio.

  • Enterprise Use Of Augmented Reality Burns A Path For Consumer Next-Gen Smart Glasses

    While consumer-focused companies work to develop smart glasses, Microsoft and Vuzix are making major strides with augmented reality headsets for enterprise applications.

  • Biden will regret the $1.9 trillion stimulus because it squanders the money he’ll need for other priorities

    President Joe Biden’s $1.9 American Rescue Plan will certainly give the economy a jolt, but he may regret not spending the money differently. In 2020, COVID spending raised the federal deficit to $3.1 trillion in 2020 from $1 trillion in 2019. Households saved a good deal of their stimulus checks.

  • India's Paytm Hasn't Decided IPO Timing, Market Yet: CFO

    Mar.24 -- Madhur Deora, president and group chief financial officer of Paytm, which is backed by both Ant Group Co. and SoftBank Group Corp.’s Vision Fund, discusses the prospects for New Delhi-based digital payment provider and the market. He speaks on the sidelines of the Credit Suisse Asian Investment Conference with Rishaad Salamat and Haslinda Amin on during the "India Focus" segment on "Bloomberg Markets: Asia."

  • RBC Urges Measures to Cool Canada’s ‘Overheating’ Housing Market

    (Bloomberg) -- The Canadian housing market is “overheating” and policy makers need to take steps to cool it down, according to an economist at Royal Bank of Canada, the country’s largest bank and biggest mortgage lender.“Demand is exceedingly strong, inventories are generally low, and property values have soared to levels far outside historical norms,” Robert Hogue, an economist at RBC, wrote in a research note published Wednesday. “Making matters worse: buyers and sellers expect prices to continue to escalate.”Hogue is the latest to add his voice to a chorus arguing that the frenetic housing market, which has pushed home prices to record levels, is getting out of hand. While policy makers have maintained that the combination of low interest rates and demand for larger properties fueled by the pandemic are driving the market, they’ve also indicated they’re watching closely for signs that speculation is starting to takeover.Hogue argues for action now to head off the possibility of a painful correction down the road and to stop surging real estate valuations from making the widening gulf between rich and poor any worse.With the Bank of Canada likely to keep interest rates low to support the broader economy, Hogue says responsibility to rein in the housing market could fall to local officials at the municipal and provincial level who have the most power to increase housing supply through permitting and zoning processes.He also said the federal government under Prime Minister Justin Trudeau should reexamine the supports it gives to homeownership, from national mortgage-lending rules to tax incentives for investors in residential real estate. In addition, he suggested ending the longstanding tax exempt status of capital gains on a person’s principal residence.“This support was largely designed during times when interest rates were much higher, and in some cases to counter the effect of high rates,” Hogue said. “With the Bank of Canada committed to keeping interest rates low for an extended period of time, we believe policy support for home ownership needs to be recalibrated.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • VW's Skoda aims for 2021 rebound, plans electric car investments

    Czech carmaker Skoda Auto, part of the Volkswagen Group, said on Wednesday it would invest around 2.5 billion euros over the next five years on future technologies, with more than half going to electric vehicle investment. The Czech Republic's largest exporter is hoping for a rebound in 2021 from a global car sales drop but faces uncertainty over the coronavirus pandemic and a semiconductor shortage rattling the industry. "This year is likely to be another big challenge," finance director Klaus-Dieter Schuermann said.

  • India’s first food delivery IPO is finally on its way—but Amazon could be a speed bump

    Zomato appears to be in good shape to go public. But Amazon's foray into food-tech could dampen sentiment.

  • Oil jumps 5pc on Suez canal congestion

    Oil prices bounced back on Tuesday, partly due to the blockage of the Suez Canal, a key transit route for the commodity. Brent crude shot up more than 5pc to $64.3 a barrel over fears disrupted shipments could put oil supply under pressure, and as “bargain hunters swooped in to snap up the relatively cheap contracts”, said David Madden, analyst at CMC Markets. It came after oil fell to its lowest mark in over a month on Monday on concern tighter coronavirus restrictions in Europe would dampen demand from key industries like aviation. Also helping to boost sentiment was new data from the Energy Information Administration that showed US oil inventories rose by 1.9m barrels in the week ended March 19, to 502.7m barrels, compared to expectations for a 272,000-barrel drop according to analysts polled by Reuters. Figures last week reported stockpiles of 2.4m barrels, suggesting that “refineries are working their way through the backlog caused by the big freeze”, said Madden. Some analysts suggest a slowing increase in stockpiles, which comes as travel starts to rebound in the US, could help crude oil rally to fresh highs. Heavyweights BP and Royal Dutch Shell gained on the expectation, adding 5.8p to 301.55p and 27p to £14.63 respectively. BP’s gains come despite Moody’s downgrading the oil giant from its highest rating. The gains helped to lift London’s markets higher after a shaky start to the week, with the benchmark FTSE 100 adding 13.7 points to 6,712.89 and the FTSE 250 closing up 70.78 points to 21,402.54. Energy and mining stocks helped lead the benchmark after data showed a better-than-expected rebound in British business activity in March with services increasing at the fastest rate since August. Anglo American added 62p to £27.83, Glencore rose 6.15p to 278.15p and Rio Tinto gained 77p to £54.22. In company news, Halma was among the top risers on the benchmark after the medical equipment provider upped its profit guidance having made “good progress” in the second half of the financial year. It now expects adjusted pre-tax profit to be in line with last year’s £267m, better than previous predictions of a 5pc fall. Halma said revenue has grown in its four regions, with the strongest performance seen in Asia Pacific. Shares gained 54p to £23.59. On the FTSE 250, Softcat shot up 226p to £17.85, making it the second biggest gainer on the mid-cap index following Gamesys. The IT firm said gross profits increased by a fifth to £134.5m, as revenues boosted 10pc to £577m for the six months to January. Meanwhile, house-builder Bellway lost 79p to £34.13 as it revealed another £20m charge to deal with cladding issues, while also posting a 4pc decline in half-year profits to £280.2m.

  • 6 things to know if you're putting your stimulus check into the stock market

    Contrary to what people might say, there's nothing wrong with putting stimulus money into the stock market — if it's the right financial decision for you. Here's a list of a few key things to know.

  • Homebuyers shrug off higher mortgage rates, but refinances stop booming

    Applications rise for homebuyer mortgages, but refinancing continues to cool.

  • Watch Replay: Vinson & Elkins and Palm Beach Hedge Fund Association Host “Air Mobility 2” Featuring BLADE and Volocopter on March 23

    Hear from the CEO of BLADE Urban Air Mobility, Inc., the CFO of Volocopter GmbH, along with a preeminent M&A attorney and a former certification director from the European Aviation Safety Agency who joined IPO Edge for a special event on Tuesday, March 23 at 12:00 EST. Our speakers discussed the most important technologies in […]