Verizon earnings, subscriber additions fall short of estimates

Shares of Verizon, a Dow Jones Industrial Average component, were down 4.3 percent at $50.15 on Tuesday. Verizon added a net 591,000 retail postpaid subscribers - those who pay their bills on a monthly basis - in the quarter, far fewer than the 726,000 analysts had expected, according to market research firm FactSet StreetAccount. "The soft results in wireless serve as a stark reminder that, despite all of the understandable enthusiasm around possible regulatory reform, tax reductions, and possi