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Town of Oyster Bay paying $3.7 million to settle Verizon lawsuit

2014-11-25 16:18:53| IT Services - Topix.net

The town of Oyster Bay plans to borrow $3.7 million from Nassau County to pay the cost of a settlement with Verizon New York, Inc. Oyster Bay Comptroller Robert McEvoy said the town would repay the debt as soon as it is paid by the county. The town board last week passed a resolution to borrow the funds by selling short-term bond anticipation notes that could later be refinanced as bonds.... The town of Oyster Bay plans to borrow $3.7 million from Nassau County to pay the cost of a settlement with Verizon New York, Inc. Oyster Bay Comptroller Robert McEvoy said the town would repay the debt as soon as it is paid by the county.

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5 Dividend Stocks Paying More Cash

2014-11-22 17:16:40| Footwear - Topix.net

When selecting income investments, the three most important questions to answer are: 1.) Is the investment increasing its dividend each year, 2.) Is the increase likely to continue to do so into the future, and 3.) Are you being compensated for the risk you are taking? When you answer yes to all three of the questions, you just might have found an excellent income investment. Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide.

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Chesapeake accused of not paying for gas it produced from invalid leases

2014-11-20 16:07:27| Oil & Gas - Topix.net

Chesapeake Energy is facing a possible class-action lawsuit, which claims it has cheated North Texas landowners of at least $100 million by pumping gas from properties that had gone through foreclosure, invalidating the oil and gas leases. Chesapeake continued to tap reserves beneath the various properties in Johnson and Tarrant counties even after the Oklahoma City-based energy giant discovered it had troubled leases following the economic downturn in 2008, choosing instead to "ignore the problem," the lawsuit asserts.

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More fashion focused M&S paying dividends

2014-11-06 13:44:00| Daily apparel & textile news and comment - from just-style.com

Marks and Spencer's strategy of becoming more fashion focused is starting to pay dividends, analysts believe, after the UK retailer revealed an uplift in sales for the division in its first-half.

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"Nice" Ryanair approach is paying off

2014-11-04 13:54:23| Airlines - Topix.net

Ryanair raised its annual profit forecast almost 20pc today thanks to a surge in winter bookings as the budget airline pioneer said improvements to its much criticised customer service were paying off. The Irish airline built its business on the back of low fares combined with austere service but shifted strategy when it became apparent that its growth had stalled as customers were tiring of its charmless approach.

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