You're watching...

Midday Market Report: 1/22/13

Details

  • Description

    Verizon's fourth quarter losses widens to $4.23 billion

  • Duration 1:26
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Rising communications fourth quarter loss -- Point 23 billion dollars that was dragged down by restructuring pension and -- -- -- costs however Verizon did activate a record number of new devices during the quarter.

And that was helped by the iPhone 5 lines.

They -- on five may already be outdated published reports say apple is planning to release three new iPhone this year.

One will reportedly have a larger screen and another at twelve megapixel camera.

Apple reports its latest quarterly earnings on Wednesday.

However some analysts are smelling tech troubles of the 32 tech companies and give an early guidance about their fourth quarter numbers nearly all of them negative.

That according to FactSet research.

Positive news for home sellers out there the value of American homes climbed five point 9% last year the largest annual gains in the summer.

-- 2006.

Right near the peak of the housing bubble.

And that according to real estate data provider -- These ingredients honey ginger aren't lending juices and maker's mark and -- and -- -- That's -- in -- splendid ice -- popular flavor called.

-- -- -- -- The surveys not a cure for the flu but it -- make you feel better at least until you see the bill twelve dollars a pint that this.

-- -- on foxbusiness.com.

In New York on lines amenity.