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.
Fears over billions of dollars in pension liabilities cause Sanford C. Bernstein analyst Craig Moffett to downgrade AT&T's stock.
The New York City Pension Fund wants shareholders to force Google and Yahoo to refuse Internet censorship requests by governments.
Lawsuit accuses the company of concealing that involvement with a controversial surveillance led to loss of sales and stock price decline.
The carrier now offers a very small bucket of shared data at a not-so-small price.
The company settles a class-action lawsuit that accused its leadership of rash decision-making that left shareholders out in the cold.