Utility stocks have beaten the market. Now they look expensive.

Utility stocks, a historically defensive sector of the market, did their job this year, delivering positive total returns as the S&P 500 index has fallen sharply. Now it may be time to rotate out of them. The Utilities Select Sector SPDR The exchange-traded fund (ticker: XLU), which fell 1.5% to $73.87 Tuesday afternoon, has a … Read more

Share Verizon Communications Inc. rises Monday, outperforms market

Shares of Verizon Communications Inc. VZ, +1.23% moved up 1.23% to $42.76 on Monday, on what turned out to be a great trading session for the stock market, with the S&P 500 Index SPX, +1.06% up 1.06% to 4,110.41 and the Dow Jones Industrial Average DJIA, +0.71% an increase of 0.71% to 32,381.34. This was … Read more

Dividend-loving investors from AT&T are calling the wrong number

AT&T income-hungry shareholders should have seen it coming. In April last year, a month before announcing the spin-off of its media division to shareholders in the form of shares of a 71% stake in the newly formed Warner Bros. Discovery Director John Stankey assured investors that “our deliberate capital allocation plan allowed us to invest … Read more

Phone companies want to be your home ISP – and vice versa

Through Thomas Gryta and Rachel Wolfe Aug 23, 2022 5:30 a.m. ET Listen to article (2 minutes) A burgeoning battle between U.S. cable and telephone companies has led to new competition for services typically dominated by a few large companies. Wireless carriers use the excess capacity on next-generation networks to win over customers using traditional … Read more

Faster internet is coming to America – once the government knows where to build it

WASHINGTON — The government’s $42.5 billion plan to expand Internet services to underserved communities has been stuck in a waiting pattern nearly nine months after approval, largely because authorities still don’t know where to fill the gaps. The broadband plan, part of the $1 trillion infrastructure bill signed by President Biden last November, states that … Read more

Share Verizon Communications Inc. rises Monday, outperforms market

Shares of Verizon Communications Inc. VZ, +0.15% rose 0.15% higher to $46.26 Monday in what turned out to be an overall bad trading session for the stock market, with the S&P 500 Index SPX, -0.28% falling 0.28% to 4,118.63 and Dow Jones Industrial Average DJIA, -0.14% decreasing by 0.14% to 32,798.40. This was the third … Read more

What to Buy Now: 42 Picks of Barron’s Roundtable Pros

There is a season for everything: a time to hide in a helmeted bunker while stock and bond prices plummet, and a time to cautiously wade into the market in search of newly created bargains. If you have read the Barron’s Several years, or even decades, of roundtable discussions, you already know what our panelists … Read more

ISPs commit to low-income broadband program under infrastructure law

WASHINGTON—Twenty Internet Service Providers, including: AT&T Inc., Comcast Corp. and Verizon Communications Inc., have agreed to help provide high-speed internet to millions of disconnected households through the bipartisan infrastructure bill, Biden officials said. President Biden and Vice President Kamala Harris plan on Monday, along with telecom executives, members of Congress and others, to draw attention … Read more