Word: settlements
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Amount, in billions of dollars, that 46 states will get in a settlement with cigarette makers...
...Infinity's $1.9 billion in annual revenue. That may not be "material" legally, but it's information an investor ought to be able to get. By the way, the prospectus neglects to warn of a possible hit on Infinity's outdoor-advertising business stemming from a tobacco settlement limiting billboard cigarette ads. CBS takes the rosy view that new clients will sign up at higher rates than tobacco companies, which had long-term leases. So it's a good thing. But until that actually happens, the lost tobacco revenue is a risk investors should be told about...
...opportunity was born of a disaster, the 1989 Exxon Valdez oil spill. After Exxon agreed to pay a $1 billion settlement, environmentalists had a great idea: Why not have the U.S. and Alaska governments use the funds to buy development rights to some of the 44 million acres of land held by native Alaskans? Then tracts could be set aside as protected forest. Native Alaskans could invest the proceeds, and forests would be saved for hunting, fishing and tourism. But the natives would have to forgo income from logging. Advocates of the plan needed a native Alaskan to help sell...
...rising interest rates and a falling market. A surprisingly anticonglomerate Nixon Administration crimped the most aggressive expansions in the interest of protecting what Ling calls "the smokestack-industry crowd" of old-line executives. Ling was forced out of LTV in 1970 as part of an antitrust settlement. Bluhdorn died on a company jet in 1983. Geneen piloted ITT for nearly 20 years, acquiring more than 350 firms before retiring...
...course, there was never much in it for the states anyway, other than good press; in contrast to the tobacco suit, nobody was dangling umpteen gazillion simoleons in settlement money. Still, the defection does allow Redmond a little positive spin. Naturally, it was greeted as good news on Wall Street, where MSFT jumped more than 5 points in late-day trading...