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AK Steel reaches $1.6M settlement with feds
2013-08-23 01:18:10| Steel - Topix.net
AK?Steel Corp. is paying a $1.6 million civil penalty to resolve air pollution violations that occurred at its now-closed coke plant in Ashland.
Tags: steel
settlement
reaches
16m
Johnson and Johnson discussing $3 billion settlement of its hip implant cases
2013-08-22 22:03:59| Biotech - Topix.net
Johnson & Johnson, the world's biggest seller of health-care products, has discussed paying more than $3 billion to settle lawsuits over its recalled hip implants, according to five people familiar with the matter.
Tags: cases
johnson
hip
billion
MTS profits boosted by Kyrgyzstan settlement
2013-08-20 15:38:00| Telecompaper Headlines
(Telecompaper) Russia and CIS mobile oeprator MTS reported second-quarter revenues up 5 percent from a year earlier to RUB 97 billion. OIBDA improved 10 percent to RUB 44 billion, increasing the margin 1.9 percent points year-on-year to 45.5 percent. The company recorded net profit of RUB 29 billion versus a loss of RUB 23 billion a year ago, helped by a one-time gain on the settlement of its dispute in Kyrgyzstan with Altimo and Beeline. Capex reached RUB 26 billion in the first six months of the year, equal to 13.7 percent of revenues, and free cash flow was up 34 percent to RUB 45 billion in H1. MTS maintained its full-year outlook for revenue growth of 5-7 percent, based on increased adoption of data services, as well as sustained sales of smartphones and a stable subscriber base. It raised the OIBDA margin outlook to over 43 percent, from 41-42 percent previously, thanks to solid organic growth in H1 and the one-off gain. Over the period 2013-15, the margin is expected at around 42 percent. Capex is expected to accelerate in the second half on roll-out of the LTE network and GPON in Moscow, reaching around RUB 80 billion or 20 percent of revenues for the full year.
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profits
kyrgyzstan
mts
Vodafone paid millions in settlement - report
2013-08-19 09:12:22| Telecom - Topix.net
Vodafone Group paid millions to Britain's tax authority as part of a settlement linked to its Irish unit, the Guardian reported on Sunday.
Tags: report
paid
millions
settlement
Calls for CBS-Time Warner Cable settlement grow
2013-08-13 09:43:46| Telecom - Topix.net
With the CBS-Time Warner Cable spat entering its third week, calls for federal regulators' intervention are growing louder as the NFL season gets underway.
Tags: cable
calls
grow
settlement
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