More on Verizon (VZ): Higher pension costs and the impact of Superstorm Sandy drove the...

|About: Verizon Communications (VZ)|By:, SA News Editor

More on Verizon (VZ): Higher pension costs and the impact of Superstorm Sandy drove the company's quarterly loss to more than double last year's mark. Pension liabilities shaved off $1.55 a share and the widespread damage from the storm cut another $0.07. Verizon added a net 567K FiOS digital connections during the period, 31% less than the number added during the same period a year ago. VZ -2.0% premarket. (PR)