Monday, May 23, 2016

Verizon: Lingering Impact Of The Union Strike

The lingering union strike at Verizon is starting to have a financial impact on the company.
The brand impact to Verizon Wireless could start showing up in customer churn.
Investors have no reason to panic out of a 4.5% dividend yield, but the stock could easily give up its gains for 2016.
Now that a month has passed since last focusing directly on the union strike impact on Verizon Communications (NYSE:VZ), the lack of an agreement is bound to have a lingering impact. Investors now have to worry about a tarnished brand after union members have attacked the company for six weeks in a row.
Read the full article on Seeking Alpha.

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