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Verizon Stock Drives Today's Market Gains

schnozejt

Jul 27, 2004, 11:24 PM
This is Verizon Communications not Verizon Wireless.
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BBKahuna

Jul 28, 2004, 5:42 PM
Yes, however VZ communications owns approximately 55% of VZ wireless, and if you read the analysts articles, the entire reason behind their gains is due to the wireless sector.
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seibert1

Jul 28, 2004, 9:59 AM
The first link talks about Verizon's impact on the market in general. "Verizon, the largest U.S. telephone company, posted higher second-quarter profit, helped by growth in its wireless arm." The second link "Verizon's Earnings Jump Thanks to Wireless Sales" is a little more geared to its wireless division. Both links talk about wireless. Sorry for any confusion.
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