For Immediate Release
Chicago, IL – January 19, 2010 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Verizon Communications (VZ), Vodafone (VOD), AT&T (T), MetroPCS (PCS) and Leap Wireless (LEAP).
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Here are highlights from Monday’s Analyst Blog:
Verizon, AT&T Cut Plan Prices
Verizon Wireless, a joint venture between Verizon Communications (VZ) and Vodafone (VOD), has reportedly slashed its unlimited wireless price plans by roughly 30%. Its archrival AT&T (T) followed suit by announcing similar price cuts. Existing customers of both operators can switch to the new plans at no additional cost.
Starting January 18, 2010, Verizon’s newly announced nationwide unlimited voice plan for its contract customers will cost $69.99 a month, representing a drastic cut from $99.99 per month. The carrier is offering a new unlimited voice and text plan for $89.99 a month. Verizon’s nationwide unlimited family voice plan and unlimited family voice and text plan will be charged $119.99 (down from $199.99) per month and $149.99 (down from $229.99) per month, respectively.
Moreover, Verizon’s prepaid monthly unlimited voice plan and prepaid unlimited voice and text plan will cost $74.99 a month and $94.99 a month, respectively, which is $5 more than the newly unveiled unlimited postpaid plan prices. However, these prepaid plans are much costlier than prominent unlimited prepaid players such as MetroPCS (PCS) and Leap Wireless (LEAP).
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Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
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