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Market Update : 
Verizon Profit Declines
Author: Elena Todorova
123jump.com
Last Update: 8:58 AM EDT August 01 2006

Verizon reported Q2 earnings of $1.6 billion, or 55 cents a share, down from $2.1 billion, or 75 cents a share last year, citing charges and merger integration costs. Eastman Kodak said Q2 loss widened to $282 million, or 98 cents per share from $155 million, or 54 cents per share a year ago on restructuring charges and rising silver prices.

 

 

 
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