Verizon Communications Inc. (NYSE:VZ), will stop offering phones at discounted prices when customers sign two-year service contracts. The move was made in the name of simplification, but it could result in some customers paying more. All wireless carriers have been trying to wean customers off subsidies, in which a $649 iPhone 6 goes for $200 with a two-year contract. Instead, carriers have been encouraging people to buy phones outright by paying the full retail price in monthly installments. A few carriers, namely Sprint, also offer leasing options for a lower monthly fee, but the customer doesn’t get to keep and resell the phone without additional payments. Verizon is the second national carrier, after T-Mobile, to end subsidies entirely for new customers. Verizon Communications Inc. (NYSE:VZ) belongs to Technology sector. Its net profit margin is 7.70% and weekly performance is -0.92%. On last trading day company shares ended up $46.36. Verizon Communications Inc. (NYSE:VZ) distance from 50-day simple moving average (SMA50) is -1.35%.
ConocoPhillips (NYSE:COP) on July 30, reported a second-quarter 2015 net loss of $179 million, or ($0.15) per share, compared with second-quarter 2014 earnings of $2.1 billion, or $1.67 per share. Excluding special items, second-quarter 2015 adjusted earnings were $81 million, or $0.07 per share, compared with second-quarter 2014 adjusted earnings of $2.0 billion, or $1.61 per share. Special items for the current quarter primarily related to a deferred tax charge from a change in Canada’s tax law and non-cash impairments. ConocoPhillips (NYSE:COP) shares decreased -2.86% in last trading session and ended the day at $48.84. COP Gross Margin is 41.50% and its return on assets is 4.30%. ConocoPhillips (NYSE:COP) quarterly performance is -25.48%.
Securities lawyers at Dunnam & Dunnam are investigating the board of IPC Healthcare, Inc. (NASDAQ:IPCM) for a buyout for only $80.25 per share. “The investigation focuses on whether IPC’s board breached their fiduciary duties to the Company’s stockholders,” said securities lawyer Hamilton Lindley. “Our potential shareholder lawsuit will seek to ensure IPC Healthcare, Inc. shareholders receive the highest price reasonably available for their stock and that all relevant information is disclosed.” On 07 August, IPC Healthcare, Inc. (NASDAQ:IPCM) shares decreased -0.29% and was closed at $79.37. IPCM EPS growth in last 5 year was 14.20%. IPC Healthcare, Inc. (NASDAQ:IPCM) year to date (YTD) performance is 72.96%.
Aviva plc (NYSE:AV) announced 2015 Interim Results. Operating profit2 £1,170 million (HY14: £1,071 million). Underlying growth and Friends Life contribution more than offset adverse forex and disposals. IFRS profit after tax £545 million (HY14: £863 million) including £271 million of acquisition related integration and amortisation costs. Aviva plc (NYSE:AV) ended the last trading day at $16.42. Company weekly volatility is calculated as 0.84%. Aviva plc (NYSE:AV) showed a weekly performance of 0.18%.
Radio One Inc. (NASDAQ:ROIAK) on Thursday reported a loss of $13 million in its second quarter. The Silver Spring, Maryland-based company said it had a loss of 27 cents per share.
The broadcast media company that serves African-American and urban listeners posted revenue of $119.8 million in the period. Radio One Inc. (NASDAQ:ROIAK) shares moved up 1.67% in last trading session and ended the day at $2.73. ROIAK Gross Margin is 67.70% and its return on assets is -4.00%. Radio One Inc. (NASDAQ:ROIAK) quarterly performance is -22.96%.