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4-Traders Homepage  >  Equities  >  Nyse  >  Verizon Communications    VZ

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Verizon Communications : Boston Herald The Ticker column

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08/23/2017 | 06:09am CEST

Aug. 23--Denver to license pot clubs

Colorado's largest city is on the brink of licensing some of the nation's first legal marijuana clubs.

But Denver's elaborate hurdles for potential weed-friendly coffee shops and gathering places may mean the city gets few takers for the new licenses.

Denver voters approved bring-your-own-pot clubs in a ballot measure last year after city officials' dragged their feet on calls to give legal pot smokers a place to use the drug. The city plans to start accepting applications by the end of the month.

The pot club licenses don't come cheap. Applying for one costs $1,000; the license itself is $1,000 a year.

Verizon tweaks unlimited plans

Verizon is raising the price of its unlimited plan while introducing a slightly cheaper, more limited version.

Verizon's unlimited plan had cost $80 a month for one line for those who sign up for automatic payments with a checking account or debit card. Beginning today, it'll cost $85 with high-definition video -- capped at 720p for phones. Plans with DVD-quality streaming will cost $75. For a family of four, the higher-quality version costs $200 a month; the cheaper plan is $160.

Existing customers can keep their unlimited plans, but their video quality is now limited to 720p on phones as well.

Verizon will also slow the speeds of people on the cheaper unlimited plan when the network is congested.

It will do that on the pricier plan only when a customer uses more than 22 gigabytes in a month.

___

(c)2017 the Boston Herald

Visit the Boston Herald at www.bostonherald.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Latest news on VERIZON COMMUNICATIONS
06:09a VERIZON COMMUNICATIONS : Boston Herald The Ticker column
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Financials ($)
Sales 2017 124 492 M
EBIT 2017 29 210 M
Net income 2017 15 364 M
Debt 2017 112 185 M
Yield 2017 4,83%
P/E ratio 2017 12,85
P/E ratio 2018 12,48
EV / Sales 2017 2,49x
EV / Sales 2018 2,43x
Capitalization 197 239 M
Chart VERIZON COMMUNICATIONS
Duration : Period :
Verizon Communications Technical Analysis Chart | VZ | US92343V1044 | 4-Traders
Technical analysis trends VERIZON COMMUNICATIONS
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 49,8 $
Spread / Average Target 2,9%
EPS Revisions
Managers
NameTitle
Lowell C. McAdam Chairman & Chief Executive Officer
John G. Stratton Executive VP Head-Customer & Product Operations
Matthew D. Ellis Chief Financial Officer & Executive Vice President
Roger Gurnani Chief Information & Technology Architect, EVP
Hans Erik Vestberg Executive Vice President-Network & Technology
Sector and Competitors
1st jan.Capitalization (M$)
VERIZON COMMUNICATIONS-9.42%197 239
NIPPON TELEGRAPH AND TELEPHONE CORP8.47%101 519
DEUTSCHE TELEKOM-5.66%86 683
TELEFONICA3.49%54 256
SINGAPORE TELECOMMUNICATIONS LIMITED3.02%44 883
ORANGE-1.94%44 425