Verizon Communications has extended the early participation deadline for its tender offers and consent solicitations on certain debt securities to June 16, 2026. The company also increased the purchase cap for its Waterfall Tender Offers from $1.25 billion to approximately $1.4 billion to allow full acceptance of valid tenders. These offers involve buying back various series of notes from Verizon and its subsidiaries to amend indenture terms and reduce debt. Early participation results show significant tendering across multiple note series, indicating strong investor interest. The tender offers and consent solicitations remain subject to terms outlined in the official offer documents, with settlement expected shortly after the expiration date unless extended.
Verizon is reaffirmed as a Buy due to its attractive valuation and a high forward dividend yield of 6.66%. The company raised its full-year 2026 earnings per share guidance to $4.95–$4.99, driven by strong net additions in postpaid phone and broadban...
Payments company Stripe and private equity firm Advent International jointly offered to acquire PayPal for $60.50 per share, valuing the company at over $53 billion, a 28% premium to its recent closing price. The offer, backed by about $50 billion in...
HSBC downgraded Verizon stock to 'Reduce' due to concerns over competition from SpaceX's Starlink entering the U.S. mobile market. Bernstein also lowered its price target, citing long-term threats to Verizon's profits and growth. Analyst Jim Cramer e...
Verizon has introduced the Gizmo Watch 4, a new kid-friendly smartwatch designed to enhance child safety with features like real-time location tracking, watch removal alerts, and soon, severe weather notifications. The watch integrates with the Veriz...
Four American small businesses—The Balm Box, House of Perna, TWB Tours, and Renewed Focus—will compete in the finals of Verizon's Small Business Super Pitch on July 17, 2026, in Hoboken, NJ. Selected from over 500 competitors, these finalists will pi...
