Monday, April 30, 2007

Verizon's profit quiets down 8.4%

Verizon 1Q profit falls 8.4 percent (AP)

AP - Verizon Communications Inc.'s first-quarter earnings fell 8.4 percent to $1.5 billion as the loss of income from some divested operations outweighed another strong showing by the telephone company's fast-growing wireless business.

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