Reginal Thomas
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AT&T Had A Great Quarter

AT&T announced its fourth quarter results will have a non-cash gain of about $7.6 billion to account for changes in its pension fund and benefit plans for retirees. The increase comes from an adjustment in the company's assumptions on interest rates and a better than expected return on assets. AT&T is expected to release their quarterly earnings on Jan. 28th. Profits are expected to come in at 51 cents a share, up from 44 cents a share the same time last year. As for sales AT&T is expected to report $33.1 billion.