AT&T and Verizon Kissing 52-Week Highs
AT&T Inc. (NYSE:T): Following a stop on its sale to AT&T and 500,000+ lucrative customers lost, the Wall Street Journal is reporting some doubts as to whether T-Mobile USA (DTEGY) can get back momentum. Shares for AT&T finished Friday at $33.59, up $0.46 or 1.39% on the day; trading for the past 52 weeks has ranged between $27.29 and $33.33.
Verizon Communications (NYSE:VZ) pushes ever forward in upgrading its global optimal network, making possible the innovation and execution of more dynamic and original integrated solutions for such important industries as retail, health care and financial services. In an effort to facilitate electronic devices within its optical network to more readily “talk” with each other, Verizon is developing additional control plane technology for its network infrastructure technology. This will clarify operations and permit close to real-time provisioning of specified new circuits. Topping its prior 52-week range of $32.28-$40.84, Verizon shares closed at $41.16 Friday, up $0.61 or 1.5% on the day.
News Corp. (NASDAQ:NWSA) did not break its 52-week range of trading ($13.38-$20.62) but finished close to the top on Friday at $20.22, down $0.1 or 0.49% on the day.
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