This excerpt taken from the VZ DEF 14A filed Mar 23, 2009.
Under the leadership of this management team, Verizon reported strong financial and operating results in 2008. Highlights of the Companys 2008 performance include the following:
Also, during 2008:
For the three-year period ending on December 31, 2008, Verizons stock delivered a total return of positive 35%, which compared to a total return of negative 23% for the Standard and Poors 500 Index, negative 21% median total return for the Industry Peers and negative 12% median total return for the Related Dow Peers over the same three-year period. The Industry Peers are described on page 36 and the Related Dow Peers are described on pages 30-31.