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  • More on Verizon (VZ): Higher pension costs and the impact of Superstorm Sandy drove the company's quarterly loss to more than double last year's mark. Pension liabilities shaved off $1.55 a share and the widespread damage from the storm cut another $0.07. Verizon added a net 567K FiOS digital connections during the period, 31% less than the number added during the same period a year ago. VZ -2.0% premarket. (PR[View news story]
    Verizon is also eliminating all but a few of their engineers and right of way staff. It appears the company will rely on Contracting for engineering services these cuts in personel are beyond the BONE. There are not enough people employeed now as engineers in Verizon to do an adequate job of coverage. Moral is at an all time LOW.....it appears time to leave this ship now rudderless with lowell Mc cadem at the wheel
    Jan 22 12:46 PM | Likes Like |Link to Comment
  • Verizon to Transfer $7.5 Billion in Management Pension Plan Obligations to Prudential [View article]
    One more sign that the corporation is just like all the others.....Greedy to the point where there is no shame in abandoning the arrangements that were made years ago.......take take take
    Oct 18 01:52 PM | Likes Like |Link to Comment
  • JFK's Cuban Portfolio: A Lesson For Today's Investors [View article]
    I am antisipating retirement with in the next few years and I am looking for a location to live during retirement that affords me the finer things that I deserve in life during my Golden Years.
    Cuba has always been of "special interest " 2 me and I am beginning to take the steps necessary to make an "informed " decision about that Island country and its potential for me and my family's future..
    Jul 31 09:31 AM | Likes Like |Link to Comment
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