Verizon: Surviving but Not Thriving
January 27, 2009 at 12:12 PM EST
Verizon Communications (VZ) released quarterly earnings that were up 15%, and while that sounds like an outstanding quarter its not exactly as that headline suggests. As so often happens, the bottom-line has been finessed a bit because of one-time charges. When excluding the one-time charges, earnings dropped slightly from $.62 in this quarter [...]