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Tuesday, December 4, 2012

BRIEF-Verizon CEO says not planning major acquisitions, (NYSE: VZ)

Verizon Communications Inc : * CEO says sees any future acquisitions in the tens of millions dollar range rather than in the hundreds of millions * Says considering share buyback 12-18 months from now * Says would not be interested in buying DISH spectrum if it came

Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ remained unchanged at $44.10. In the past year, the shares have traded as low as $36.80 and as high as $48.77. On average, 13846100 shares of VZ exchange hands on a given day and today's volume is recorded at 100.



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