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A. Cablevision Extends $ 90 Triple-Service PromotionPersuaded by popular demand
A. Cablevision Extends $ 90 Triple-Service PromotionPersuaded by popular demand
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2025-05-31
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A. Cablevision Extends $ 90 Triple-Service Promotion
Persuaded by popular demand, Cablevision Systems Corp. (CVC) is extending a promotional offer that combines cable TV, Internet and phone service for $ 90 a month. First launched in mid-June, the offer was originally slated to end July 31 but was pushed out to mid-August. Now it seems the company wants hold on to the offer still longer. The Bethpage, N. Y., company hasn’t specified when the promotion will end. During a quarterly conference call last week, Chief Operating Officer Tom Rutledge said simply that the company was continuing to advertise the offer based on its early success. Rutledge also said promotional offers "will continue to play a key role in both building new customer relationships and expanding existing ones."
B. McDonald’ s CEO has new surgery
The chief executive of McDonald’s Corp. is recuperating after another surgery, the world’s largest fast-food company said Saturday. Charlie Bell underwent a procedure Friday to correct a blockage caused by scar tissue build-up from colorectal surgery he had in May, the company said. "I am delighted to report that The procedure was a complete success and that Charlie is resting comfortably," said Andrew McKenna, chairman of Chicago area-based McDonald’s. "During Charlie’s brief recuperation period... there is absolutely no change in the leadership of the company," McKenna said in a statement. Bell, previously chief operating officer of the global fast-food giant, became CEO after the unexpected death in April of former CEO Jim Cantalupo at a meeting in Florida.
C. Google governance flawed
Google Inc. ranks lower in corporate governance than any company in the Standard Poor’s 500 stock index, according to influential proxy adviser Institutional Shareholder Services, said a newspaper report published Monday. ISS, which advises shareholders on how to vote, found 21 weaknesses in the governance practices of Mountain View, Calif.- based Google, which is expected to join the S&P 500, said the Financial Times. These flaws, it said, include a dual-class capital structure that gives effective control to insiders, too few outside directors and a lack of stock ownership guidelines for executives and independent directors. The adviser also found problematic of the company’s compensation plan that lets Google reprice stock options if the stock price falls, as well as loans to company insiders.
D. US Airways talks with pilots collapse
Negotiations between US Airways and its pilots union over a new round of steep concessions collapsed on Monday, heightening pressure on the carrier as it tries to avert insolvency. Jack Stephan, a spokesman for the company’s chapter of the Air Line Pilots Association, said more than a week of discussions between the two sides at the airline’s Arlington, Va. , headquarters yielded little progress. "Since the beginning of these talks, we have witnessed a disturbing trend by the company to seemingly dismiss several significant proposals from our pilot negotiators," Stephan said. "Instead, management has responded by ’piling on’ additional demands to their counterproposals."
E. Mylan wins OK for generic Zoloft
Shares of Mylan Laboratories Inc. rose Monday after U. S. regulators gave tentative marketing approval to the company’s generic forms of popular depression and allergy drugs sold by Pfizer Inc. Mylan said the Food and Drug Administration had granted tentative approval to its forms of Pfizer’s Zoloft, or sertraline, anti-depressant, and Zyrtec, or cetirizine, allergy pill. But Mylan will not be allowed to sell the copycats for several years until Pfizer’s patents on the medicines expire. Zoloft and Zyrtec are among Pfizer’s biggest products, with global 2003 sales of $ 3.12 billion for Zoloft, and $1.34 billion, for Zyrtec. [br] The company is giving preferential prices to its customers.
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