Verizon Communications Inc
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Communication Services : Diversified Telecommunication Services | Large Cap ValueCompany profile

Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Its segments include Wireless and Wireline. The Wireless segment offers communications products and services, including wireless voice and data services and equipment sales, to consumer, business and government customers across the United States. The Wireline segment offers voice, data and video communications products and services, such as broadband video, data center and cloud services, security and managed network services, and local and long distance voice services. The Company has combined Yahoo! Inc.’s operating assets with its existing AOL Inc. business to create a new subsidiary, Oath Inc., owns a diverse house of more than 50 media and technology brands. The Oath portfolio includes HuffPost, Yahoo Sports, AOL.com, MAKERS, Tumblr, Yahoo Finance and Yahoo Mail.

Closing Price
$55.76
Day's Change
0.32 (0.58%)
Bid
--
Ask
--
B/A Size
--
Day's High
55.91
Day's Low
55.24
Volume
(Average)
Volume:
11,379,006

10-day average volume:
12,018,842
11,379,006

Apple is again the most valuable U.S. public company

6:10 pm ET February 6, 2019 (MarketWatch)
Print

Two months after losing its title as the most valuable U.S. public company (http://www.marketwatch.com/story/microsoft-surpasses-apple-as-most-valuable-us-company-2018-11-30), and a month after revealing that iPhone sales were disappointing in the holiday season (http://www.marketwatch.com/story/apple-lives-up-to-wall-streets-fears-with-massive-revenue-shortfall-2019-01-02), Apple Inc. (AAPL) has regained its throne for highest market capitalization. Apple shares added 6 cents Wednesday after announcing the departure of retail chief Angela Ahrendts (http://www.marketwatch.com/story/high-profile-apple-retail-chief-angela-ahrendts-is-leaving-after-iphone-sales-decline-2019-02-05) on Tuesday afternoon, and ended the session with a market cap of $821.6 billion, according to FactSet data. That performance was good enough to land atop Microsoft Corp. (MSFT) and Amazon.com Inc. (AMZN), which both declined 1.1% on the day. Microsoft moved ahead of its tech rivals late last year, and has jockeyed for the top position with Amazon since. Alphabet Inc. (GOOGL)(GOOGL) was less than 3% away from the top spot before it announced earnings earlier this week, but shares in Google's parent company gained only slightly Tuesday after spending concerns clouded its earnings beat, and fell 2.7% Wednesday. At the end of Wednesday trading, Microsoft was worth $813.5 billion, Amazon was worth $805.7 billion and Alphabet was worth $778.1 billion, according to FactSet data.

-Jeremy C. Owens; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

February 06, 2019 18:10 ET (23:10 GMT)

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