On Monday, Verizon (VZ - Free Report) announced that it will reorganize into three new segments: Consumer, Business, and Verizon Media Group/Oath. Verizon Business Group will include products and services sold to businesses and enterprises.
Verizon Consumer Group will now manage the consumer division of its wireless and wireline businesses.
Verizon Media Group/Oath will include media, advertising, and technology and oversee media properties like Yahoo and HuffPost.
This is a shift away from the past operating organization of wireless and wireline. The reorganization is part of CEO Hans Vestberg’s broader plan to advance 5G wireless technology.
The changes are effective January 1, 2019. Investors can expect Verizon to begin reporting financials under the new structure in Q2 2019.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
On Monday, Verizon (VZ - Free Report) announced that it will reorganize into three new segments: Consumer, Business, and Verizon Media Group/Oath. Verizon Business Group will include products and services sold to businesses and enterprises.
Verizon Consumer Group will now manage the consumer division of its wireless and wireline businesses.
Verizon Media Group/Oath will include media, advertising, and technology and oversee media properties like Yahoo and HuffPost.
This is a shift away from the past operating organization of wireless and wireline. The reorganization is part of CEO Hans Vestberg’s broader plan to advance 5G wireless technology.
The changes are effective January 1, 2019. Investors can expect Verizon to begin reporting financials under the new structure in Q2 2019.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on VZ - FREE