Market capitalization is an important data point for investors to keep an eye on, for various reasons. The most basic reason is that it gives a true comparison of the value attributed by the stock market to a given company's stock. Many beginning ...
Over the last 12 months, Verizon Communications (NYSE: VZ ) has spent nearly $17.5 billion on capital expenditures, significantly higher than the $16.6 billion and $16.1 billion it spent over the preceding two years, respectively.
Verizon Communications Inc. (NYSE:VZ), a broadband and wireless provided, posted Q3 earnings that fell short of forecasts, though revenue came in line and it reiterated its forecast for top line growth of 4% in 2014.
This despite the fact that telecom behemoth Verizon Communications Inc. (NYSE: VZ-Free Report) and AT&T Inc. (NYSE: T-Free Report) failed to meet both the top and bottom line of the respective Zacks Consensus Estimate in the third quarter of 2014.
Investor-Edge has initiated coverage on the following equities: Verizon Communications Inc. (NYSE: VZ), Frontier Communications Corporation (NASDAQ: FTR), BCE Inc. (NYSE: BCE), Cincinnati Bell Inc. (NYSE: CBB), and Telefonica S.A.