Verizon earnings and subscriber additions fall short of estimates

Shares of Verizon, which is in the process of buying Yahoo Inc's core assets as a way to diversify, were down 2.7 percent at $51 in premarket trading 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. Net income attributable to Verizon fell to $4.5 billion, or $1.10 per share, in the three months ended Dec. 31