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Global Cobalt Corp. Announces Shares for Debt Settlement
2013-08-31 04:31:36| Footwear - Topix.net
GLOBAL COBALT CORP. announces that consultants of the Company have agreed to accept shares in lieu of cash for the repayment of a combined total of $117,170 of services owed to them.
City gets $400K in drug inflation case settlement
2013-08-30 19:51:59| Biotech - Topix.net
Providence has recovered $400,000 in a settlement with a California drug wholesaler accused of wrongfully inflating prescription drug prices.
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NFL in '$765m concussion settlement'
2013-08-29 21:10:13| BBC News | Business | UK Edition
The National Football League and former players who say it hid the dangers of concussion reach a $765m (490m) settlement, a judge says.
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nfl
US: PepsiCo to pay out to consumers in Naked Juice lawsuit settlement
2013-08-28 12:59:00| Daily beverage news and comment - from just-drinks.com
PepsiCo has agreed to a lawsuit settlement over its Naked Juice brand that could see US consumers who have bought the product in the past six years get up to US$75 each, it has emerged.
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consumers
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naked
Tivo posts record net profit on patent settlement
2013-08-28 09:01:00| Telecompaper Headlines
(Telecompaper) Tivo reported a record net profit of USD 268.9 million for its fiscal second quarter ended 31 July, thanks to legal settlements with Cisco and Motorola over patent disputes. In the year-earlier period, Tivo had a net loss of USD 27.7 million, and the company had forecast a loss of USD 13-16 million for the period. Adjusted EBITDA was USD 115.4 million, versus a loss of USD 15.8 million a year ago. Service and technology revenues totaled USD 77.0 million, up from USD 54.1 million and better than the USD 68-70 million forecast. Subscriptions increased 33 percent year-on-year to 3.6 million, driven by growth at cable operators. Tivo said its latest deployment is its first with an IPTV provider, Com Hem in Sweden. Other recent or planned roll-outs include Atlantic Broadband, Cable One, GCI, Midcontinent and Mediacom. It also expects a sales boost later in the year from the recently launched Roamio set-top box, which it says offers better margins that the previous Premiere range. Cash from the legal settlements gave the company over USD 1 billion at the end of the period, and licensing deals resulting from the settlements are expected to provide further cash flow support going forward. For fiscal Q3, Tivo forecast service and technology revenues of USD 80-82 million, adjusted EBITDA of USD 20-22 million and net profit of USD 6-8 million.
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