This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stocks to Watch: Verizon, Amazon, Exxon, UPS

NEW YORK -- Verizon Communications (VZ - Get Report) hired advisers to prepare a possible cash and stock bid of $100 billion to take full control of Verizon Wireless from joint venture partner Vodafone (VOD), two people familiar with the matter told Reuters.

Verizon owns 55% of Verizon Wireless. It has yet to put forward a proposal to Vodafone but it has hired both banking and legal advisers for a possible bid, the sources said.

Verizon hopes to start discussions with Vodafone soon for a friendly deal but could take a bid public if Vodafone doesn't engage in talks, one of the sources told Reuters.

MetroPCS Investors Approve T-Mobile Deal Amid Sprint Takeover Battle


Amazon.com (AMZN - Get Report), the online retailer, is expected by Wall Street on Thursday to post first-quarter earnings of 8 cents a share on revenue of $16.14 billion.

For the same quarter last year, the company earned 28 cents a share on revenue of $13.2 billion.

Amazon's About to Pass Apple


Analysts expect oil giant Exxon Mobil (XOM - Get Report) on Thursday to post first-quarter profit of $2.05 a share on revenue of $119.83 billion.

In last year's first quarter, Exxon, the world's most valuable company, earned $9.45 billion, or $2 a share, on revenue of $124 billion.

UPS, Exxon, Ford in Earnings Profiles


Starbucks (SBUX - Get Report) is forecast to report fiscal second-quarter earnings of 48 cents a share on sales of $3.59 billion.

Apple Ripens as Amazon, Starbucks Set to Report


United Parcel Service (UPS) is seen by Wall Street posting profit of $1.01 a share in the first quarter on revenue of $13.46 billion.


Zynga (ZNGA ) predicted losses per share in the second quarter on Wednesday as the online social games maker struggles to adapt to consumers' growing taste for mobile-based games.

Zynga Plunges, Faces Q2 Losses


Qualcomm (QCOM), the mobile chip giant, beat Wall Street's earnings expectations but gave a weak earnings forecast.

For the third quarter, Qualcomm said it expects non-GAAP earnings to be between 97 cents and $1.05 a share, on sales between $5.8 billion and $6.3 billion. Analysts are looking for $1.04 a share in earnings on $5.89 billion in sales.

Qualcomm Drops Sharply on Weak Guidance


-- Written by Joseph Woelfel



>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AMZN $427.63 0.00%
SBUX $51.48 0.00%
VOD $39.21 0.00%
VZ $49.61 0.00%
XOM $86.52 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs