Topic 'Verizon weathering recession very well despite DSL losses' in forum ''

Topic 'Verizon weathering recession very well despite DSL losses' in forum '' - dslreports.com http://www.dslreports.com/forum/Verizon-weathering-recession-very-well-despite-DSL-losses-21813416 en Sat, 11 Feb 2012 12:04:46 EDT Sat, 11 Feb 2012 12:04:46 EDT Re: Verizon weathering recession very well despite DSL losses http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21821773 http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21821773 Wed, 28 Jan 2009 14:48:27 EDT Re: Despite great results Vz stock drops on 2009 fears & pension http://www.dslreports.com/forum/Re-Despite-great-results-Vz-stock-drops-on-2009-fears-pension-21814378 said by ThrowDemsOut:

Even good news doesn't result in higher stock prices in this economy.
I think everyone is trying to release their bad news in the wake of yesterday's. It's a smart move that will lessen the blow. After all, at least they didn't announce that 20,000 positions would be eliminated!]]> http://www.dslreports.com/forum/Re-Despite-great-results-Vz-stock-drops-on-2009-fears-pension-21814378 Tue, 27 Jan 2009 11:46:09 EDT Despite great results Vz stock drops on 2009 fears & pension hit http://www.dslreports.com/forum/Despite-great-results-Vz-stock-drops-on-2009-fears-pension-hit-21814338 finance.yahoo.com/news/Verizon-w···246.html

Verizon Communications Inc reported fewer-than-expected wireless subscribers for the fourth quarter and warned that pension and other post-retirement expenses would hurt earnings in 2009, dragging its shares down more than 5 percent.

Verizon said pension and other post-retirement expenses would hurt 2009 earnings by 9 cents to 11 cents per share, joining a growing number of companies being forced to fill funding gaps due to turmoil in financial markets.

Verizon shares were down 5.4 percent at $29.32 in morning New York Stock Exchange trading.

Even good news doesn't result in higher stock prices in this economy.
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My BLOG .. .. Internet News .. .. My Web Page]]> http://www.dslreports.com/forum/Despite-great-results-Vz-stock-drops-on-2009-fears-pension-hit-21814338 Tue, 27 Jan 2009 11:39:27 EDT Re: Verizon weathering recession very well despite DSL losses http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21814258 said by NOCMan:

29 approved open development devices.

Where are they?
In this thread:

»Verizon's Open Development Initiative? So Far It's A Joke]]> http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21814258 Tue, 27 Jan 2009 11:25:18 EDT Re: Verizon weathering recession very well despite DSL losses http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21814219
Where are they?]]> http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21814219 Tue, 27 Jan 2009 11:18:47 EDT Re: Verizon weathering recession very well despite DSL losses http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21814107 said by ThrowDemsOut:

said by Matt:

$5 if you point out to me in your post where you said Verizon Wireless.

quote:
The churn rate on wireless customers was up as the year progressed. So while they are getting new customers they are starting to see more wireless customers look elsewhere:

Eh, you still didn't say Verizon Wireless, but I did miss the wireless in your last paragraph. I call it a draw. :)

I must have caught it subconsciously though, my pre-edited response was about how I switched from Verizon to save money.]]> http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21814107 Tue, 27 Jan 2009 11:02:31 EDT Re: Verizon weathering recession very well despite DSL losses http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21814061 said by Matt:

$5 if you point out to me in your post where you said Verizon Wireless.

quote:
The churn rate on wireless customers was up as the year progressed. So while they are getting new customers they are starting to see more wireless customers look elsewhere:

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My BLOG .. .. Internet News .. .. My Web Page]]> http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21814061 Tue, 27 Jan 2009 10:56:29 EDT Re: Verizon weathering recession very well despite DSL losses http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21813924 said by ThrowDemsOut:

said by Matt:

said by ThrowDemsOut:

So while they are getting new customers they are starting to see more wireless customers look elsewhere:

EDIT: Oops, that's VERIZON, not Verizon WIRELESS. :D

The churn is Verizon Wireless as I said & NOT Verizon. Here is the FULL slide. Notice the Wireless at the top.

[att=1]
$5 if you point out to me in your post where you said Verizon Wireless.]]> http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21813924 Tue, 27 Jan 2009 10:38:40 EDT Re: Verizon weathering recession very well despite DSL losses http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21813850 said by Matt:

said by ThrowDemsOut:

So while they are getting new customers they are starting to see more wireless customers look elsewhere:

EDIT: Oops, that's VERIZON, not Verizon WIRELESS. :D
The churn is Verizon Wireless as I said & NOT Verizon. Here is the FULL slide. Notice the Wireless at the top.

[att=1]
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]]> http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21813850 Tue, 27 Jan 2009 10:27:05 EDT Re: Verizon weathering recession very well despite DSL losses http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21813776 said by ThrowDemsOut:

So while they are getting new customers they are starting to see more wireless customers look elsewhere:
EDIT: Oops, that's VERIZON, not Verizon WIRELESS. :D]]> http://www.dslreports.com/forum/Re-Verizon-weathering-recession-very-well-despite-DSL-losses-21813776 Tue, 27 Jan 2009 10:13:21 EDT Verizon weathering recession very well despite DSL losses http://www.dslreports.com/forum/Verizon-weathering-recession-very-well-despite-DSL-losses-21813416

YEAR-END 2008 HIGHLIGHTS

* $2.26 in 2008 diluted EPS from continuing operations and $2.54 in adjusted EPS, compared with 2007 earnings of $1.90 per share and $2.36 per share, respectively.
* $97.4 billion in 2008 revenues, up 4.2 percent, or adjusted growth of 5.1 percent.
* $26.6 billion in cash flows from operating activities; $17.2 billion in capital expenditures.

See all their financials here:
»newscenter.verizon.com/press-rel···8web.xls

Their full year 2008 net income is up over 16% from their 2007 numbers. What recession?? :D
And they started 2008 with $1.2 billion in cash on hand and ended it with $9.8 billion in cash on hand. I hope they don't expect any stimulus money form Uncle Sam.

They did show one negative stat in their Wall St presentation. The churn rate on wireless customers was up as the year progressed. So while they are getting new customers they are starting to see more wireless customers look elsewhere:
[att=1]
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]]> http://www.dslreports.com/forum/Verizon-weathering-recession-very-well-despite-DSL-losses-21813416 Tue, 27 Jan 2009 08:56:36 EDT