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Verizon posts loss on 11,000-employee buyout costs, revenue misses Wall Street expectations

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

Verizon posts loss on 11,000-employee buyout costs, revenue misses Wall Street expectations

Posted: Jul 23, 2010 9:37 AM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Verizon posts loss on 11,000-employee buyout costs, revenue misses Wall Street expectations Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

more images more images more images more images Verizon posts 2Q loss on costs of employee buyout NEW YORK â Verizon Communications Inc. on Friday said it lost $198 million in the second quarter due to a buyout for 11,000 workers. Excluding the severance costs and other items, earnings beat Wall Street expectations while revenue was slightly lower than analysts had ... Read more >>.

Read: Verizon posts loss on 11,000-employee buyout costs, revenue misses Wall Street expectations

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