The America's Intelligence Wire articles from November 2007

The America's Intelligence Wire archives from November 2007

Strong Volume Predicted for 2007.
November 1, 2007... (From The Bond Buyer) Byline: Matthew Hanson As bankers, traders, lawyers, advisers, government officials, and others returned to work from their holiday breaks, they could look back on 2006 as a near-record year for new issuance. Now...

Schwarzenegger's '08 Budget Targets Deficit.
November 1, 2007... (From The Bond Buyer) Byline: Rich Saskal California Gov. Arnold Schwarzenegger claimed a victory over the state budget deficit yesterday, a day after unveiling more than $43 billion of new infrastructure borrowing proposals in his...

Ga. Gov. Plans to Spend $20B.
November 1, 2007... (From The Bond Buyer) Byline: Tedra Desue Georgia Gov. Sonny Perdue in his state of the state address yesterday recommended a $20 billion spending plan for fiscal 2008 -- including about $950 million of borrowing. The amount of debt...

In Brief: Wholesale Sales Up 1.0%; Inventories Gain 1.3%.
November 1, 2007... (From The Bond Buyer) Byline: Craig T. Ferris Merchant wholesalers posted continued inventory growth in November, while growth in sales resumed, according to data released yesterday by the Commerce Department. Inventories of...

Munis Soften as Primary Takes in $1B.
November 1, 2007... (From The Bond Buyer) Byline: Michael Scarchilli & Matthew Posner The municipal market was slightly weaker yesterday, as participants digested major new issues worth more than $1 billion. Traders said tax-exempt yields were higher...

Indiana Health, Education Finance Agency Shifts to One-Time Fee Policy.
November 1, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin The Indiana Health and Educational Facility Financing Authority has dropped its annual fees for issuers, shifting to a one-time fee that should save borrowers money. Health and...

Higher-Education Ratings Look Stable for 2007, Moody's Says.
November 1, 2007... (From The Bond Buyer) Byline: Andrew Ackerman Buoyed by continued strong financial performance across the higher-education sector, ratings for colleges and universities will remain stable in 2007, according to a report Moody's...

Fitch Report Says Health Care and Hospital Credits Should Stay Stable.
November 1, 2007... (From The Bond Buyer) Byline: Yvette Shields Ratings on nonprofit hospital and health care system credits should remain on a stable track this year, but heightened scrutiny of their charity care practices and the growing rolls of the...

Illinois Finance Agency OKs Bonds for Schools, Other Projects.
November 1, 2007... (From The Bond Buyer) Byline: Yvette Shields The Illinois Finance Authority this week approved a handful of community and education-related deals for colleges, a high school, a charter school, and a hockey club, in addition to its...

Albuquerque Agency Sets Bond Sale to Buy Water Utility That Isn't For Sale.
November 1, 2007... (From The Bond Buyer) Byline: Jim Watts New Mexico's Albuquerque Bernalillo County Water Utility Authority will attempt to purchase a private water company in the county with the proceeds from the sale of $50 million of revenue bonds....

Enforcement: IRS Issues Determination on Jefferson Parish, La., Bonds.
November 1, 2007... (From The Bond Buyer) Byline: Alison L. Mcconnell The Internal Revenue Service has taken the first step toward declaring Jefferson Parish, La.'s $37.55 million of Series 1997 refunding bonds taxable because bond proceeds were invested...

Municipal Bond Activities.
November 1, 2007... (From The Bond Buyer) Byline: Alison L. Mcconnell January 25-26 National Federation of Municipal Analysts will hold an advanced seminar on real estate-backed bonds at the Grand Hyatt Denver. For more information or to register, visit...

Rating Agencies: 'Matrix' Fitch's New Way to Gauge Insurers' Capital Clearance.
November 1, 2007... (From The Bond Buyer) Byline: Matthew Hanson After two years of planning and six months of beta testing, Fitch Ratings on Tuesday rolled out a new model for evaluating whether bond insurers have gathered enough capital in case of...

New Hires: GrayRobinson Adds Hank Morgan to Lakeland, Fla., Public Finance Team.
November 1, 2007... (From The Bond Buyer) Byline: Shelly Sigo Orlando-based GrayRobinson PA announced Tuesday that the law firm has expanded its public finance group with the addition of Hank Morgan as a partner in the firm's Lakeland, Fla. office....

Standard & Poor's Lowers Ohio's Forum Health Two Notches to Junk Status.
November 1, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin Standard & Poor's this week lowered its rating two notches to junk status for about $178 million of bonds issued through Mahoning County, Ohio, on behalf of Forum Health. The agency...

Competitive Bond Offerings.
November 1, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com A letter "P" signifies that a link to the POS is on the Bond...

Competitive Note Offerings.
November 1, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin Tentative dates for negotiated sales of $1 million or more. Letter F next to the issuer's name signifies the Official Notice of Sale is available on the internet! Go to www.bondbuyer.com...

Negotiated Bond Offerings.
November 1, 2007... (From The Bond Buyer) Byline: Elizabeth Carvlin Tentative dates for negotiated sales of $1 million or more. ISSUER ST DESCRIPTION AMOUNT ($000s) LEAD MANAGER FINANCIAL ADVISER INSURER MDY'S S&P FITCH FIRST APPEARED Week Of January 8...

Trends in the Region: West Virginia Next in Line to Try P3,This Time to Cope With OPEB Costs.
November 1, 2007... (From The Bond Buyer) Byline: Nicole M. Smith West Virginia officials are awaiting responses to a request for proposals that will allow the state's Public Employee Insurance Agency to determine whether a private company can help the...

ALABAMA: Gov. Riley Begins 2d Term.
November 1, 2007... (From The Bond Buyer) Byline: Shelly Sigo Alabama's Republican Gov. Bob Riley begins his second term when he takes the oath of office in Montgomery on Monday. Other constitutional officers, including Lieut. Gov. Jim Folsom Jr., also...

FLORIDA: Watkins Cites Big Savings.
November 1, 2007... (From The Bond Buyer) Byline: Shelly Sigo In the eight years that Jeb Bush served as governor, he and fellow elected members of the Florida Cabinet served as the governing board of the Division of Bond Finance, authorizing 166 debt...

FLORIDA: Special Election Ordered.
November 1, 2007... (From The Bond Buyer) Byline: Shelly Sigo Gov. Charlie Crist on Friday ordered a special election to be held in the Florida Panhandle to replace former state Rep. Holly Benson, R-Pensacola, who is a municipal bond attorney with Miller,...

FLORIDA: More Expressway Fallout.
November 1, 2007... (From The Bond Buyer) Byline: Shelly Sigo The Tampa-Hillsborough County Expressway Authority board on Monday fired lobbyist John Beck. A state audit of the agency recently recommended severing ties with Beck, among other measures,...

GEORGIA: Hartsfield Stays Busiest.
November 1, 2007... (From The Bond Buyer) Byline: Tedra DeSue Atlanta's Hartsfield-Jackson International Airport was the nation's busiest in terms of landings and takeoffs last year, according to recently released data from the Federal Aviation...

SOUTH CAROLINA: Sworn Sanford Makes Vows.
November 1, 2007... (From The Bond Buyer) Byline: Tedra DeSue Gov. Mark Sanford was sworn in for his second term in office Tuesday night, and pledged to limit growth in spending as well as fully fund the state's core services. One of his proposals is...

Municipal Market Data General Obligation Yields.
November 1, 2007... (From The Bond Buyer) Byline: Tedra DeSue Aaa Aaa (pure) (ins) Aa A Baa 2008 3.51 3.56 3.56 3.62 3.78 2012 3.56 3.67 3.65 3.78 3.91 2017 3.71 3.84 3.82 3.96 4.09 2022 3.88 4.01 3.99 4.12 4.25 2027 3.98 4.10 4.08 4.21 4.33 2032 4.03...

U.S. Securities Prices.
November 1, 2007... (From The Bond Buyer) Byline: Tedra DeSue Prices as of 3 p.m. ET. Source: GovPx Inc. Treasury Bills Yesterday's Prev. Day's Yesterday's (in percent of discount) Bid/Offer Bid/Offer Bid Yield 1M -- 2/8/2007 4.840/830 4.810/790...

Reoffering Yields.
November 1, 2007... (From The Bond Buyer) Byline: Tedra DeSue NRO - Not Reoffered; S.B. - Sealed Bid; SNA - Sold, Not Available Offer Amount Date ($Mil) RECENT OFFERINGS 1 Year 5 10 15 20 25 30 Aaa -- AAA 12/12 13.0 New Caney Ind. Sch. Dist., Tex.......

Municipal Bond Prices.
November 1, 2007... (From The Bond Buyer) Byline: Tedra DeSue These 40 Bonds are evaluated and priced daily by Standard & Poor's Securities Evaluations Inc. All figures are rounded to the nearest eighth when reported in this table. "Change in...

Municipal Bond Index.
November 1, 2007... (From The Bond Buyer) Byline: Tedra DeSue Current Day Previous Day Week Ago Month Ago Year Ago The Bond Buyer Municipal Bond Index 116-10 116-20 116-13 116-31 114-00 Wednesday, January 10, 2007 Maturity Par Call Dollar Conversion...

Municipal Bond Index Update.
November 1, 2007... (From The Bond Buyer) Byline: Tedra DeSue The list of bonds used to calculate the Municipal Bond Index will be revised after the Jan. 12 pricing. Six bonds are candidates for inclusion in the index. They are: Los Angeles Unified...

Connecticut HEFA Readies $128 Million for Three Schools.
November 1, 2007... (From The Bond Buyer) Byline: Jonna Stark Looking ahead this year, the Connecticut Health and Educational Facilities Authority plans to price $128 million of fixed-rate bonds for three academic institutions in February and March. ...

N.Y. EFC to Sell $188M of PIT Bonds for Projects, Refunding.
November 1, 2007... (From The Bond Buyer) Byline: Ted Phillips The New York State Environment Facilities Corp. next Wednesday plans to sell $188.5 million of taxable and tax-exempt bonds backed by state personal income tax for various environmental clean...

Brazil - Tele Norte Leste, Telemar, Oi see net earnings rise in Q3.
November 1, 2007... (From Telecompaper Americas) Tele Norte Leste Participacoes (TNL) had BRL 4.44 billion net revenue in Q3 2007, up 2.9 percent from BRL 4.31 billion in the year-earlier period. EBITDA was BRL 1.91 billion, up 23 percent from BRL 1.55...

US - Privacy groups call for 'Do Not Track' list.
November 1, 2007... (From Telecompaper Americas) Nine privacy groups have asked the US Federal Trade Commission to establish a 'Do Not Track' list, Wired reports. The list would block online advertisers from tracking web users' browsing habits, similar to the...

Argentina - Proteus delivers Universal's mobile service in Argentina.
November 1, 2007... (From Telecompaper Americas) Proteus, a subsidiary of mobile services provider 2ergo, has signed an agreement with Movistar Argentina to launch the Universal Channel's mobile entertainment services. The deal builds on an existing deal with...

US - FCC expands number portability to VoIP.
November 1, 2007... (From Telecompaper Americas) US consumers will be able to keep their phone number when switching to VoIP services, according to a decision by the Federal Communications Commission. The FCC made clear that the obligation to provide local...

US - Verizon, MediaFLO air live NBA games On V CAST.
November 1, 2007... (From Telecompaper Americas) ESPN Mobile TV, Verizon Wireless and MediaFLO USA will air live National Basketball Association games on V CAST Mobile TV for the 2007/2008 season. More than 70 ESPN-produced NBA games are expected to air on V...

Brazil - Anatel approves Telefonica buy of TVA in Sao Paolo.
November 1, 2007... (From Telecompaper Americas) Brazilian telecom regulator Anatel has approved the acquisition of the cable TV operations of TVA by Telefonica in the State of Sao Paulo. The agency had previously approved the acquisition of TVA's operations...

US - AT&T unveils Moto Q 9h handset from Motorola.
November 1, 2007... (From Telecompaper Americas) AT&T and Motorola have announced that the Moto Q 9h global handset will be available exclusively to AT&T customers in the US beginning 2 November. Motorola Moto Q features a qwerty keyboard, Windows Mobile 6,...

Canada - Loral, PSP conclude purchase of Telesat Canada.
November 1, 2007... (From Telecompaper Americas) Loral Space & Communications has unveiled that the CAD 3.25 billion acquisition of Telesat Canada by Loral and the Public Sector Pension Investment Board (PSP Investments) has been completed. The transaction...

US - JDSU improves net loss in Q1.
November 1, 2007... (From Telecompaper Americas) Broadband and optical technology provider JDS Uniphase (JDSU) improved its net loss in the first quarter ended 29 September. Net revenue was USD 356.7 million, up from USD 3181.1 million in the year-ago period....

Mexico - Maxcom narrows net loss, ups EBITDA 53%.
November 1, 2007... (From Telecompaper Americas) Mexican telephony operator Maxcom made a net loss of MXN 7.6 million in the third quarter, compared to MXN 27.4 million a year earlier. It increased EBITDA 53 percent year-on-year to MXN 181 million and revenue...

US - Starent Networks raises USD 88 mln in IPO.
November 1, 2007... (From Telecompaper Americas) Starent Networks has priced its initial public offering of shares, at USD 24 per share. Of the shares being sold in the offering, 3.88 million shares are being sold by Starent Networks and 4.12 million shares...

Brazil - Telemig, Amazonia start airtime credit transfers.
November 1, 2007... (From Telecompaper Americas) Brazilian mobile telephony operators Telemig Celular and Amazonia Celular have started allowing airtime credit transfer among customers. Prepaid and Controle clients will be able to make transfers over SMS in...

Mexico - Telmex calls for GTM licence withdrawal from Telefonica.
November 1, 2007... (From Telecompaper Americas) Mexican telephony operator Telmex is calling on the authorities to withdraw the licence from fixed operator Grupo Telecomunicaciones Mexicanas (GTM), reports Expansion. Telmex says Spanish operator Telefonica...

US - Peacock invests in mobile SMS advertising specialist 4INFO.
November 1, 2007... (From Telecompaper Americas) Peacock Equity, a joint venture between GE Commercial Finance's media, communications and entertainment business and NBC Universal, has invested in US-based mobile media company 4INFO. 4INFO is the sixth...

Bahamas - BTC warns of fraudulent cellular cards in Bahamas.
November 1, 2007... (From Telecompaper Americas) Bahamas Telecommunications (BTC) has warned the public that there are individuals who are engaged in the sale of illegal and fraudulent cellular (GSM and TDMA) cards. According to BTC, these cards are invalid...

US - IAC grows revenues 7 percent to USD 1.5 bln.
November 1, 2007... (From Telecompaper Americas) Internet and advertising services group IAC reported third-quarter revenues of USD 1.52 billion, up 7 percent from the year-earlier period. EBITA rose to USD 173 million from USD 170 million, while net profit...

Latin America - Nokia secures three more directories for Search in LatAm.
November 1, 2007... (From Telecompaper Americas) Nokia said it has signed up three more local search providers in Latin America, meaning its directory service now covers 38 countries worldwide. Nokia Search on Nokia handsets allows customers to search for...

North America - Endeavor signs VoIP services agreement with Polycom.
November 1, 2007... (From Telecompaper Americas) US-based Endeavor Telecom and Polycom have signed an agreement under which Endeavor's professional installation services will be available through Polycom's distribution channel. In addition to installing,...

US - TiVo, Windstream to offer bundled internet, DVR services.
November 1, 2007... (From Telecompaper Americas) TiVo and US fixed-line operator Windstream have signed an agreement to offer bundled internet and TiVo DVR services. Windstream customers can access a video service that combines broadband video content and...

US - CounterPath powers Verizon unified communications service.
November 1, 2007... (From Telecompaper Americas) Multimedia VoIP softphones and SIP applications provider CounterPath's software has been licensed by Verizon Business to enable voice, messaging and presence management in its Integrated Communications Package....

US - Verizon announces INpulse prepay plans.
November 1, 2007... (From Telecompaper Americas) Verizon Wireless has announced its new INpulse prepay plans. The new plans, INpulse Core, INpulse Plus and INpulse Power, charge customers a daily access fee only on the days of use and include Unlimited IN...

Chile - Entel PCS, Hogar de Cristo launch mobile collection scheme.
November 2, 2007... (From Telecompaper Americas) Entel PCS and Hogar de Cristo have launched a campaign in Chile in which mobile phone users can hand in their old phones and generate funds for Hogar de Cristo. In Chile, mobile phone users renew their phones...

Canada - Telus declares CAD 0.45 per share quarterly dividend.
November 2, 2007... (From Telecompaper Americas) Telus' board has declared a quarterly dividend of CAD 0.45 per share on the issued and outstanding common shares and CAD 0.45 per share on the issued and outstanding non-voting shares of the company payable on...

Canada - Telus sees Q3 revenue rise to USD 2.31 bln.
November 2, 2007... (From Telecompaper Americas) Telus had CAD 2.31 billion revenue in Q3 2007, up 4.5 percent vs CAD 2.21 billion in the year-earlier period. The growth was driven by 9 percent growth in mobile revenue and wireline data revenue, partially...

Brazil - Anatel authorises use of PMS spectrum for mobile telephony.
November 2, 2007... (From Telecompaper Americas) The frequency bands for the Personal Mobile Service (SMP) in Brazil can be used for the provision of mobile telephony independently of the technology. According to councillor Jose Leite Pereira Filho, this...

Brazil - Brazil sees over 20 mln domestic internet users - study.
November 2, 2007... (From Telecompaper Americas) Residential internet use in Brazil surpassed for the first time, in September, the threshold of 20 million active residential users, according to Ibope//Netratings. There were a total of 20.1 million internet...

Latin America - Nokia to launch N81 8GB phone in Latin America.
November 2, 2007... (From Telecompaper Americas) Nokia Nseries has announced the launch onto the Latin American market of the Nokia N81 8GB mobile phone. With dedicated buttons for music and games, the device is a music player (for the formats MP3, AAC,...

US - InfoSpace revenues down 45%, net loss narrows in Q3.
November 2, 2007... (From Telecompaper Americas) Mobile services platform provider InfoSpace had USD 48.7 million revenue in Q3 2007, down 45 percent from the year-earlier quarter. Revenues include online search revenues of USD 33.9 million and mobile...

US - 8x8 Q2 revenues up 14% to USD 14.8 mln.
November 2, 2007... (From Telecompaper Americas) US-based services provider 8x8 reported second-quarter revenues of USD 14.8 million, up 14 percent from the year-earlier quarter. The net loss for the quarter was USD 2.6 million, widening from a net loss USD...

Canada - Bell Aliant sees Q3 revenue rise to CAD 837.9 mln.
November 2, 2007... (From Telecompaper Americas) Bell Aliant Holdings had CAD 837.9 million operating revenue in Q3 2007, up 1.6 percent from CAD 825.1 million pro forma operating revenue in the year-earlier period. EBITDA was CAD 372.4 million, up 1.6 percent...

US - RadiSys sees Q3 revenue rise to USD 83.63 mln.
November 2, 2007... (From Telecompaper Americas) RadiSys, global provider of advanced embedded solutions, had USD 83.63 million revenue in Q3 2007, up from USD 81.43 million in the year-earlier period. Net loss was USD 2.45 million, vs a USD 13.33 million...

Canada - RBC partners with Visa to offer mobile payment in 2009.
November 2, 2007... (From Telecompaper Americas) Royal Bank of Canada (RBC) enters into a partnership with Visa Canada to run a test for contactless payment technology on mobile telephones. RBC is currently testing the technology in a lab environment in its...

US - Verizon launches BlackBerry Pearl 8130, unlimited data plan.
November 2, 2007... (From Telecompaper Americas) Verizon Wireless and Research In Motion have announced availability of the BlackBerry Pearl 8130 handset from 3 November at the Verizon website. The CDMA-enabled BlackBerry Pearl gives Verizon Wireless...

US - Sprint considers spin-off of WiMAX venture - report.
November 2, 2007... (From Telecompaper Americas) US mobile operator Sprint is considering spinning off its WiMAX venture, including a possible merger with its partner Clearwire, people familiar with the matter told the Wall Street Journal. Management is...

US - SunCom narrows net loss in Q3.
November 2, 2007... (From Telecompaper Americas) Us mobile operator SunCom Wireless reported third-quarter revenues of USD 239 million, up 9 percent from the year-earlier quarter. Service revenue for the quarter was USD 199.5 million compared with USD 171.1...

US - MetroPCS withdraws merger proposal with Leap.
November 2, 2007... (From Telecompaper Americas) MetroPCS Communications has withdrawn its merger proposal with Leap Wireless International. On 4 September, MetroPCS announced a proposal to engage in a stock-based merger with Leap Wireless International, but...

US - Verizon to offer 150 HD channels on FiOS TV in 2008.
November 2, 2007... (From Telecompaper Americas) Verizon has planned for a fivefold increase in the number of HD channels, to 150 channels, as well as plans for offering additional HD content through FiOS TV's video-on-demand service. In the spring of 2008,...

US - Sprint posts sharp drop in Q3 profit, withdraws 2008 outlook.
November 2, 2007... (From Telecompaper Americas) US operator Sprint reported third-quarter net profit of USD 64 million, down from USD 279 million a year earlier due to poor results at its mobile business. Revenues declined to USD 10.0 billion from USD 10.5...

US - Embarq profits down on restructuring charges.
November 2, 2007... (From Telecompaper Americas) US fixed-line carrier Embarq reported third-quarter operating profit of USD 363 million, down 0.8 percent from a year earlier due to extra costs of USD 33 million for reducing staff numbers. Revenues fell 0.7...

Saint Lucia - C&W St Lucia unveils Gimme 5 service.
November 5, 2007... (From Telecompaper Americas) Cable & Wireless St Lucia, full-service telecommunications provider, has unveiled Gimme 5, a new value-adding service for Bmobile customers. The service allows Bmobile customers with less than USD 5 on their...

US - GlobeTel restates results for 2004.
November 5, 2007... (From Telecompaper Americas) GlobeTel Communications has filed with the SEC its amended annual report on Form 10-K for the year ended 31 December 2004. The filing contains financial statements that were restated as a result of the...

US - FusionOne offers MightyBackup service on Java platform.
November 5, 2007... (From Telecompaper Americas) FusionOne, US provider of mobile content backup and migration services, has unveiled that its MightyBackup mobile phone backup service is now available on the Java platform. The launch allows carriers to offer...

Mexico - One Voice unveils MobileVoice Landline service in Mexico.
November 5, 2007... (From Telecompaper Americas) Telecommunication and interactive multimedia voice services developer One Voice Technologies has launched its MobileVoice Landline service to subscribers of Telnor in Mexico. Under the brand IRIS, the Dial Tone...

Canada - Bell Canada unveils Sanyo S1 mobile phone.
November 5, 2007... (From Telecompaper Americas) Bell Canada has unveiled the Sanyo S1, a new mobile phone that offers features such as 10-4 walkie talkie, speakerphone and Bluetooth connectivity, at an affordable price. The device features Bluetooth 2.0...

US - AT&T introduces international iPhone data plan.
November 5, 2007... (From Telecompaper Americas) AT&T has announced a new international plan that gives iPhone users 50 MB of data per month to browse the web in more than 29 countries. The Data Global Plan enables international voice and data roaming, as...

Canada - Rogers, Yahoo! sign mobile agreement in Canada.
November 5, 2007... (From Telecompaper Americas) Canadian operator Rogers Communications and Yahoo! have signed multi-year agreements that provide Rogers customers with mobile internet services. Rogers and Yahoo! will continue to offer Canadian high-speed...

US - Ambient secures USD 2.5 mln in funding.
November 5, 2007... (From Telecompaper Americas) Broadband over power lines provider Ambient has closed on an additional private placement of USD 2.5 million in principal amount of its newly issued 8 percent senior secured three-year convertible note. The...

US - Alltel plans for new management structure.
November 5, 2007... (From Telecompaper Americas) US mobile network operator Alltel has announced a new management structure that will be effective at close of its pending acquisition. Alltel is expected to close its merger with TPG Capital and GS Capital...

US - Cbeyond net income up 70% to USD 3.4 mln in Q3.
November 5, 2007... (From Telecompaper Americas) IP-based managed services provider Cbeyond reported a 32 percent increase in its third-quarter revenues versus the year-earlier period, to USD 72.4 million. Net income was USD 3.4 million, up 70 percent from...

US - AT&T completes Interwise takeover.
November 5, 2007... (From Telecompaper Americas) AT&T has completed the acquisition of US-based enterprise conferencing software provider Interwise. In October, the company said it would acquire Interwise for USD 121 million in cash. Interwise joins AT&T's...

US - Verizon adopts advisory shareholder vote on executive pay.
November 5, 2007... (From Telecompaper Americas) The board of directors of Verizon Communications has adopted a policy that provides for an annual advisory vote related to executive compensation beginning in 2009. The board's HR committee also adopted...