Jan 22 Verizon Communications Inc : * CFO sees wireless eibtda margins rebounding in 2013 to range of earlier 2012
quarters * CFO says hopeful enterprises will renew their investment activities in 2013 * CFO sees continued enterprise spending uncertainty due to issues such as debt
ceiling, deficit reduction, tax reform * CFO sees capex to revenue ratio continuing to decline * CFO says does not expect any cash funding requirements in 2013 for pensions * CFO sees flat 2013 capex * CFO says to cut Verizon wireless costs by $2 billion in 2013 * CFO says flat enterprise spending is "best we can hope for" because of
uncertainties * CFO says could do share buybacks at any time if opportunity presents itself * CFO says seeing "steady albeit slow" uptake of phones based on Microsoft Corp
UPDATE 3-ConocoPhillips sells oil and gas assets to Cenovus for $13.3 bln
CALGARY, Alberta, March 29 ConocoPhillips on Wednesday agreed to sell oil sands and western Canadian natural gas assets to Cenovus Energy Inc for C$17.7 billion ($13.3 billion), making it the latest international oil major to pull back from the region.