article thumbnail

Why Verizon's Stock Plunged 7.5% Today

The Motley Fool

in trading on Monday after a series of articles in The Wall Street Journa l highlighted the lead in cable sheathing that telecom companies used decades ago. What wasn't quantified was any lead contamination levels, liability for either company, or what the mitigation might be. What happened Shares of U.S.

article thumbnail

Why AT&T, Verizon, and Frontier Stocks All Bounced Back on Wednesday

The Motley Fool

The reason for all the selling: On July 9, The Wall Street Journal published the first in a multiday series of articles describing the environmental hazards posed by miles and miles (and miles) of lead-wrapped copper telephone lines that Ma Bell laid across America. and 24%, respectively.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Do You Need a Lawyer to Incorporate Your Business?

The Motley Fool

This means I filed Articles of Incorporation with my state as well as some forms with the IRS to specify that I wanted to operate my company as a specific kind of corporation called an S-corp. Image source: Getty Images Many years ago, I incorporated my small business. Here's what you need to know.

Legal 246
article thumbnail

Some Investors Keep Making This Ford Mistake

The Motley Fool

I recently came across an article that said something to the effect of: "Ford uses its extensive debt to improve its returns. The debt-to-equity (D/E) ratio evaluates a company's financial leverage and is calculated by dividing total liabilities by shareholder equity. What happened? How to adjust Ford's D/E ratio of 3.46

Investors 100
article thumbnail

Enstar Group (ESGR) Q2 2023 Earnings Call Transcript

The Motley Fool

Forward-looking statements in this presentation include, but are not limited to, statements about Enstar's expectations for future and pending transactions, run-off liability earnings, the performance of its investment portfolio and the impact of rising interest rates on Enstar's business. The Motley Fool has a disclosure policy.

article thumbnail

Genworth Financial (GNW) Q2 2024 Earnings Call Transcript

The Motley Fool

Our LTC segment reported an adjusted operating loss of $29 million in the second quarter, driven by a liability remeasurement loss. We also expect a liability remeasurement loss from actual-to-expected experience for the full year. On the statutory accounting basis, the U.S. As we have said before, GAAP results continue to be volatile.

article thumbnail

Markel Group (MKL) Q3 2024 Earnings Call Transcript

The Motley Fool

professional liability and general liability portfolios, where we took underwriting actions to improve profitability. Favorable development in the first nine months of 2024 was most notable within our international professional liability product lines. Our premium growth was driven by select U.S. Please go ahead.