Verizon (VZ) CEO says they are targeting the launch of its new value preposition in H1'26; expects at least 3bln of repurchases in 2026; authorised share buyback programme of up to USD 25bln
Verizon's announcement of a new value proposition and a substantial share buyback program signals strategic positioning ahead of heightened competition.
US PRE-MARKET MOVERS: AAPL, SNDK, DECK, SOFI, CL, TSLA, VZ, CVX, SCHW, NVDA, WDC
US Senate Banking Chairman Scott says he is confident Kevin Warsh will work to instil confidence and credibility into monetary policy, look forward to leading a thoughtful and timely confirmation process
Verizon (VZ) CEO says they are targeting the launch of its new value preposition in H1'26; expects at least 3bln of repurchases in 2026; authorised share buyback programme of up to USD 25bln
Sell-side on Apple (AAPL): Shares see two-way trade despite stellar Q1 report as shares see numerous PT upgrades
US Republican Senator Tillis says he will continue to oppose the confirmation of any Federal Reserve nominee for Chair until the DoJ's inquiry into Chairman Powell is fully resolved
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
CFO:
- Post-paid phone churn remained elevated in Q4 due to prior pricing actions and competition.
While the planned repurchases reflect confidence in future cash flow, the elevated churn in post-paid phone customers suggests ongoing challenges in retaining subscribers, which could pressure revenue if not addressed effectively.
Related headlines
- Newsquawk Weekly US Earnings Estimates: 14-18th September 2026: LEN the only earning all week1 day ago
- Corning (GLW) files for a USD 2bln common stock offering of up to USD 2.0bln1 day ago
- Burry adds to his positions in Zoetis (ZTS) and Lululemon (LULU); sold entire position in Flutter (FLUT)1 day ago
- Google (GOOGL) just completed its USD 1.5bln-plus deal for AI startup Mechanize, reports Business Insider1 day ago
- Estee Lauder (EL) reportedly advances against Walmart (WMT) over knockoffs, according to Bloomberg Law1 day ago
- Paypal's (PYPL) new chief executive, Enrique Lores, is mapping out his plans for going it alone rather than selling the company for more than USD 50bln, reports WSJ1 day ago
- US EQUITY OPEN: US indices reverse initial CPI losses1 day ago
- Fox's Gasparino says "Paramount’s (PSKY) CEO has "tricks up his sleeve" to get his Warner (WBD) acquisition cleared in California"1 day ago
- Chevron (CVX) CEO says early buffers in the oil market have played out and that the price risk from the Iran war is now higher1 day ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded1 day ago
- Kroger (KR) executive says food inflation in Q2 was moderately higher than in Q11 day ago
- US PREMARKET MOVERS: ORCL, ADBE, ACVA, KR, RH, CELH, GME, NVO, SMR1 day ago
- US BROKER MOVES: IP upgraded at BofA; NVO downgraded at Morgan Stanley1 day ago
- Kroger (KR) Q2 2026 (USD): Adj. EPS 1.09 (exp. 1.06), revenue 34.6bln (exp. 34.6bln). Cuts SSS outlook 1 day ago
- EU officials have questioned cloud providers for more information ahead of a key deadline in their argument with Broadcom (AVGO) over the licensing overhaul for VMware, Bloomberg reports1 day ago
- TikTok has reportedly rejected advertisements from Meta (META) that call on the Co. and other tech platforms to join Meta in settling with US state AGs in a children's safety lawsuit, Axios reports2 days ago
- Tesla (TSLA) China launches new Model Y Performance AWD, priced at CNY 369k2 days ago
- Situational Awareness builds relationships with new brokers as it attempts rebound, reports FT; is rebuilding large trading positions in stocks such as AMD (AMD), Intel (INTC), SK Hynix (SHY), Sandisk (SNDK) and Coreweave (CRWV)1 day ago
- FanDuel (FLTR) and other sports betting operators are market making on Kalshi, reports Barrons1 day ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
The whole workspace, free to try.
Try it free