January 22, 2013
The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Joe Magyer, discuss the top business and investing stories.
Verizon's (NYSE: VZ ) fourth quarter featured a record 2.1 million additional subscribers and nearly 10 million activated smartphones, yet the company still lost nearly $2 billion for the quarter. In this segment, the guys analyze why both Verizon and AT&T (NYSE: T ) are getting hammered with legacy pension costs.
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The relevant video segment can be found between 0:48 and 6:27.
For the full video of today's MarketFoolery podcast, click here.