Verizon Communications announced the pricing terms for its tender offers to repurchase 20 series of debt securities issued by itself and certain subsidiaries. The offers include 'Any and All' notes and 'Waterfall' notes, with specific deadlines for tendering and withdrawal. The company detailed the principal amounts tendered, offer yields, and total consideration per $1,000 principal amount. This move allows Verizon to manage its debt portfolio actively, potentially reducing interest costs or refinancing on favorable terms. The tender offers are subject to conditions and priority rules, with assistance provided by major financial institutions. Investors should note the deadlines and terms for participation and withdrawal, with the offers expiring mid-June 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...
