Verizon Communications Inc
EchoStar’s Dish sale marks disappointing end to Charlie Ergen’s ‘Seinfeld’ strategy
Dish’s Charles Ergen Andrew Harrer | Bloomberg | Getty Images Dish’s “Seinfeld” strategy appears to have ended quite like the actual show — with its finale a generally-accepted disappointment. In 2011, Dish cofounder Charlie Ergen first mentioned “Seinfeld” on an earnings call, responding to an analyst’s question about his company’s mixed bag of assets. Ergen […]
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Charter rolls out new Spectrum pricing and internet speeds, aims to ‘be a better service operator’
Christopher L. Winfrey, CEO of Charter Communications. Courtesy: Charter Communications Charter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable and broadband provider. The cable giant told CNBC it is unveiling a series of changes Monday to bolster that goal, including rolling out new […]
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Investors are ignoring 2 big risks to markets, says CIO, naming stocks that are bond ‘substitutes’
Investors are ignoring two major risks to the market, according to Vahan Janjigian, chief investment officer at Greenwich Wealth Management. The first is the U.S. national debt, he told CNBC’s ” Street Signs Asia ” last week. “I think another major risk that investors are ignoring is the massive amount of debt in the United […]
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Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy
Cunaplus_m.faba | Istock | Getty Images Internet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable Connectivity Program, an expired federal internet subsidy that helped low-income households pay for broadband. The $14.2 billion program provided a discount of up to $30 per month for some qualifying households […]
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Stocks making the biggest moves midday: JetBlue, Hewlett Packard Enterprise, Tesla, G-III Apparel and more
Check out the companies making headlines in midday trading. JetBlue Airways — The New York-based airline popped more than 8% after hiking its forward guidance for third-quarter revenue. JetBlue now expects revenue to be in a range of down 2.5% to up 1% compared to the same period a year ago. Previously, a loss between […]
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S&P 500 futures slide for a third day after weak ADP jobs data, tech shares lead decline: Live updates
S&P 500 futures declined Thursday and investors dumped risk assets as concerns mounted over the health of the U.S. economy. Futures for the S&P 500 dipped 0.1%, while Nasdaq 100 futures dropped 0.2%. Futures tied to the Dow Jones Industrial Average hovered near the flatline. Investors ditched popular technology and chipmaker stocks as economic worries […]
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Stocks making the biggest moves premarket: C3.ai, Tesla, JetBlue and more
Check out the companies making headlines in premarket trading. C3.ai — The technology stock tumbled 19.2% after on weaker-than-expected subscription revenue during the company’s fiscal first quarter. C3.ai posted $73.5 million for the top line, while analysts polled by FactSet had penciled in $79.2 million. Verizon , Frontier Communications — Verizon announced it will purchase […]
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AT&T, other phone companies sued over stolen nude images could face liability after court ruling
Juyochi | Istock | Getty Images Wireless providers including T-Mobile, AT&T and Verizon have faced a string of lawsuits in recent years from women who allege retail employees stole intimate images or videos from their phones while helping them with in-store data transfers. The cases are routinely dismissed when the companies argue they weren’t aware […]
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Comcast reports earnings before the bell
A Comcast service van in Miami. Getty Images Comcast reports second-quarter earnings before the bell on Tuesday, and Wall Street will be paying close attention to subscriber growth — for both the broadband and streaming businesses. Here is how Comcast is expected to perform, according to estimates from analysts surveyed by LSEG: Earnings per share: $1.12 […]
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Stocks making the biggest moves midday: Ryanair, CrowdStrike, IQVIA Holdings and more
Check out the companies making headlines in midday trading: Ryanair — Shares fell 16% after the budget airline reported weaker-than-expected fiscal first-quarter earnings . The company said its quarterly profit after tax had fallen 46% and that it expects fares to be lower than expected in the summer months. CrowdStrike — The cybersecurity stock plunged […]
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