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Verizon says promotions to hurt profit | |
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December 09, 2014 Dec 8- Verizon Communications Inc said promotional offers and price cuts in its wireless business would eat into profit for the fourth quarter, sending the company's shares down 1 percent in extended trading. Verizon said the promotional offers would put "short-term pressure" on its earnings before interest, taxes, depreciation and amortization and EBITDA... Source: http://www.cnbc.com/id/102250191 |
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