The

Dow Jones Industrial Average

(

^DJI

) is trading down three points at 12,672 as of Wednesday, Jan 25, 2012, 12:35 p.m. ET. During this time, 345.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 820.7 million. The NYSE advances/declines ratio sits at 1,507 issues advancing vs. 1,373 declining with 145 unchanged.

Holding back the Dow today is

Verizon Communications

(NYSE:

VZ

), which is lagging the broader Dow index with a 31-cent decline (-0.8%) bringing the stock to $37.48. This single loss is lowering the Dow Jones Industrial Average by 2.35 points or roughly accounting for 78.3% of the Dow's overall loss. Volume for Verizon Communications currently sits at 8.5 million shares traded vs. an average daily trading volume of 13.6 million shares.

Verizon Communications has a market cap of $108.71 billion and is part of the

technology

sector and

telecommunications

industry. Shares are down 5.8% year to date as of Tuesday's close. The stock's dividend yield sits at 5.2%.

Verizon Communications Inc. provides communication services. The company operates through two segments, Domestic Wireless and Wireline. The Domestic Wireless segment offers wireless voice and data services; and sells equipment in the United States. The company has a P/E ratio of 15.4, below the average telecommunications industry P/E ratio of 18.5 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Verizon Communications as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

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