Word: verizon
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...Verizon erected temporary telephone poles and N-Star rerouted electric lines...
...Internet--that deliver huge benefits to users while slashing profit margins for existing businesses (think of what the Net did to travel agencies). It's easy to see how a blazing-fast connection on a big-screen laptop--anytime, anywhere--might pose a threat to firms like Sprint and Verizon, which are investing billions of dollars to deliver fancy 3G data services over your cell phone or laptop at slower rates and steeper fees. Yet there's no proof consumers will pay. "No wireless data-only network in the world has ever made money," warns Andrew Seybold, a wireless analyst...
Harbor Lights Financial Group of Toms River, N.J., is marketing a service to manage, not just give advice about, 401(k) portfolios for a fee of as much as 1% annually. The firm is in discussions with Verizon, among other companies. Ernst & Young is offering a service, called eAdvisorPlus, that's Web-based but includes access to planners. And the giant fund company Fidelity has started a pilot program with the Victoria Advocate, a Texas newspaper. Fidelity charges as much as 0.6% of assets and funnels participants into one of four portfolios based on responses to a questionnaire; a Fidelity...
...addition to maintaining its perfect conference record, the team also garnered academic accolades this week, as junior forward Hana Peljto and sophomore center Reka Cserny were named to the Verizon Academic All-District I Team. Peljto earned First-Team honors and advances to the national Academic All-America ballot, while Cserny was a Second-Team selection...
...where my bias is for quality over very high yield. I hold Dominion [4.8%] and Southern Co. [4.8%]. A third core industry would be oil. My preference is Royal Dutch Petroleum [3.5%]. Other core holdings, with a little more risk, are telecom and tobacco. I own SBC [4.5%] and Verizon [4.3%]. You have an interesting tension in terms of whether they get into the long-distance business or lose their local businesses. But there is a lot of yield there that compensates you. Altria Group, formerly Philip Morris [6.7%], is one of my top-10 holdings...