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AOL is a small business that, along with Yahoo, received

May 15, 2017 by Kenneth Newton

AOL is a small business that, along with Yahoo, received a substantial cut in its net income. However, in some cases, other large US companies, such as AOL and Google, experienced significant net income cut and the reductions were not offset by net income from operating activities. Yahoo's restructuring was a result of Yahoo's ongoing restructuring of its core business, and the net income from operating activities was approximately $5.9 billion in 2012.

In other words Verizon has a substantial cut in its US net income, and while it is not the first publicly traded company to receive a significant cut, it is the first publicly traded company to be forced to disclose this, and it means that Verizon may have been the only publicly traded company to receive a substantial cut.

The company also said that it has "no plans to sell its business to any foreign country outside of the US."

Here's what Verizon says about its Yahoo/AOL problem:

Under current management, the company is expected to be profitable as a result of operating operations and other factors including the company's growth trajectory, an increased share price and our ongoing investments in the Internet and Internet connectivity businesses. In the short term, we expect our net income to be substantially reduced by the merger of our two largest US businesses, Verizon Communications, and Yahoo, and our consolidated stock price to be substantially reduced by approximately $1.1 billion, respectively, and net earnings to be substantially reduced by the merger of the three largest US companies.

Here's what Verizon says about its Yahoo/AOL problem: