Verizon Communications Inc.

Apple (NASDAQ: AAPL) is preparing to compete in the “free phone with contract” market with the iPhone 3GS when it launches the iPhone 5 later in the year. RBC Capital Markets General Manager Mike Abramsky said in a note to investors that Apple will be offering the 3GS for free to attack mid-market...

According to a recent report, Oppenheimer has upgraded Verizon Communications (NYSE: VZ) to an Outperform rating and introduced a price target of $42.00. In the same report, Oppenheimer has raised the EPS estimates from $2.20 to $2.22 for 2011 and from $2.50 to $2.55 for 2012. In the report,...

Deutsche Bank has raised the price target from $36 to $37 and is maintaining its Hold rating on Verizon (NYSE: VZ), in light of strong 1Q11 results. In the report, Deutsche Bank writes, “We maintain our HOLD on Verizon (VZ) following an admittedly solid quarter based on our view that VZ's premium...

Deutsche Bank has published a research report on Verizon Communications (NYSE: VZ) and has downgraded the company to Hold. In the report, Deutsche Bank writes "We are downgrading Verizon (VZ) to HOLD, primarily due to valuation. While we expect a strong year for wireless (iPhone, 4G), we believe...

A federal appeals court upheld a Federal Communications Commission rule that forces cable companies to make the programming from properties that they own available to rivals on equal terms. The FCC banned cable companies like Comcast Corporation (NASDAQ: CMCSA) from entering into exclusive deals...

Shares of Verizon Communications Inc. (NYSE: VZ) and other telecom stocks fell after the brokerage FBR Research downgraded Verizon's stock from outperform to market perform. The downgraded was preceded by Verizon stating that the U.S. economy was not recovering as quickly as they had estimated....