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Excluding the pension benefit, Verizon posted per-share earnings that slightly topped expectations, although revenue was a hair on the light side.
The telecommunications provider saw revenue rise nearly 6 percent on strong customer growth in the wireless business.
California State Teachers' Retirement System, the second-largest pension fund in the U.S., says the social network should add women to its board of directors.
Carrier adds 717,000 new subscribers and activates 9.4 million smartphones, but pays the price with increased subsidies.
The company blames noncash pension charges and added costs associated with the Apple iPhone for hurting its bottom line in the fourth quarter of 2011.
The 123-year-old Dutch company has ruthlessly cut ties with TV, audio, and the categories that have made it most famous. Can an ageing population put this venerable firm back on top?
Fears over billions of dollars in pension liabilities cause Sanford C. Bernstein analyst Craig Moffett to downgrade AT&T's stock.
The company settles a class-action lawsuit that accused its leadership of rash decision-making that left shareholders out in the cold.
The company's results got a pick-me-up from an after-tax gain stemming from adjustments to its pension and benefit plans.
After Apple's move to repurchase $14 billion in shares, the activist investor says it makes no sense to continue on with his buyback proposal.