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Verizon Earnings Boosted by Pension Plan Actuarial Remeasurement
Pensions & Investments
July 18, 2013 "The earnings-per-share number includes a 5-cent boost from increasing the discount rate from year-end 2012.... [T]he company is not disclosing the discount rate change. According to the company's 2012 10-K filing, the discount rate used to determine the net periodic cost was 5% as of Dec. 31, down from 5.75% in 2011." MORE >> |
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