Verizon Communications Inc
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Communication Services : Diversified Telecommunication Services | Large Cap Value
Company 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 reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon brand. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things services and products.


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Dow lags as S&P 500, Nasdaq Composite end at records

4:08 pm ET November 18, 2021 (MarketWatch)

Stocks ended mostly higher Thursday, buoyed by upbeat earnings for Nvidia Corp. (NVDA) and major retailers as the S&P 500 and Nasdaq Composite closed at records. The Dow Jones Industrial Average lagged behind, falling around 60 points, or 0.2%, to close near 35,871, according to preliminary figures, weighed down in part by a 5.5% loss for Cisco Systems Inc. after disappointing guidance. The S&P 500 rose around 16 points, or 0.3%, to close near 4,705; the Nasdaq advanced around 72 points, or 0.5%, to end near 15,994. Nvidia shares rose more than 8% after the chip maker delivered upbeat earnings. Macy's Inc. (M) jumped more than 21% after the department-store chain topped Wall Street forecasts, while Kohl's Corp. (KSS) advanced 10.6%.



(END) Dow Jones Newswires

November 18, 2021 16:08 ET (21:08 GMT)

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