Verizon in Talks With Charter About a Mega-Merger

The $55 billion dollar deal rocketed Charter from the fourth-place position in the USA cable market to second place behind Comcast. They now have a United States dollars 52 price target on the stock.

We will have to wait and see if anything actually shakes out between Charter and Verizon, but neither company is a stranger to M&A activity recently. Based on the filings, last years Annual Earnings was, $3.86. The Closing Price of the stock before earnings was $206.43 while on the Next day the stock closed its trading session at $209.75 with a percentage change of 1.61% from the price of 206.43 before Earnings. The Average Volume for the stock is measured as 1.84 Million.

Analyst's Analysis on Verizon Communications Inc.

01/25/2017 - Verizon Communications Inc. was downgraded to "sector perform" by analysts at RBC Capital.

According to the latest research reports released, 3 analysts have issued a rating of "buy", 5 analysts "outperform", 21 analysts "hold", 1 analysts "underperform" and 0 analysts "sell". Charter's market cap now sits around $80 billion.

NYSE:VZ has a 50 day moving average of 52.11 Dollars and a 200 day moving average of 52.19 USD. (NYSE:VZ) could bring EPS of $0.89/share. (NYSE:VZ). Following the rumor, S&P Capital IQ analysts Amobi boosted the price target by $85 to $350 on Charter Communications shares.

Arsenal's Arsene Wenger apologises after being sent off against Burnley
Arsene Wenger's men were dominating possession but it wasn't until just before the break when they should have taken the lead. In the 50th minute Sanchez again fizzed an effort just over after picking the ball up on the right. "Bizarre", Dyche said.

Today, you are invited to download the full list of 220 Zacks Rank #1 "Strong Buy" stocks - absolutely free of charge. The 1 year high for the stock price is 56.95 Dollars while the year low share price is now 46.01 USD.

The talks are preliminary, the report said. (NASDAQ:CHTR) by 34.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Pursuant to the terms of the Short-Term Warrants, DragonWave has elected to reduce the exercise price of the Short-Term Warrants to USA $1.50 per share, commencing on January 25, 2017 and continuing until the expiration of the warrants on February 8, 2017. And now Verizon is looking to pick up the entire merged company.

The blog also reviews why Verizon would be interested in such an acquisition since "the next generation of wireless will be about small cells with small radii". However, industry analysts say the trend is unmistakable, and maybe unstoppable. Verizon added 0.591 million postpaid customers (down 61.1% year over year) while prepaid customer count decreased by 0.009 million.

Many execs believe that content distributors will have to offer consumers a complete portfolio of video, broadband, wired and wireless phone services in order to succeed. And were a deal to go through, those subscribers would come under the umbrella of Verizon's fiber-optic, high-speed FiOS service, which had roughly 6 million subscribers as of January 2017.

The volatility in the previous week has experienced by 1.47% and observed of 1.16% in the previous month.65.30% ownership is held by institutional investors while insiders hold ownership of 0.01%.


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