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Earnings Report

Verizon Revenue Falls as Subscriber Additions Disappoint

Verizon Communications, the No. 1 U.S. wireless carrier that has agreed to buy Yahoo's core business, reported a 6.7 percent drop in quarterly revenue on Thursday as it discounted heavily to attract subscribers.

Halliburton Posts 3Q Profit on Cost Cuts

Halliburton, the world's No.2 oilfield services provider, posted a surprise quarterly profit, helped by higher cost cuts, and said it expected a rise in oil prices to boost rig count.