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Verizon Stock Jumps After CEO's Remarks

Verizon shares jumped more than one percent on Thursday after CEO Lowell McAdam divulged parts of the company’s second-quarter results in an interview with CNBC.

The company added more than 1.4 million subscribers and saw growth in tablets and smartphones, McAdam told CNBC’s Kayla Tausche. The company “delivered margins that were consistent with what [it has] done over the last several quarters,” he said.

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