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This is purely a speculation. PGH may be in a position to be bought out
Over 12 Spanish Channels dropped. Univision was the major player lost.
In Honor of Hispanic Heritage Month Verizon drops most of Spanish Channels
Is the party over with MSMY?
I am loading up. Patience is required here
FDA approved scam
The calm before the storm. USRM $$$$$
That would be beyond outstanding
Great Find Awesome DD
I don't post much but I can proudly admit that I bought 100% of my shares under. 02. FDA approvals always get delayed. Holding and going to start accumulating more...Good Hunting everyone.
Great post.. Have a Great weekend
PPS could skyrocket
Can't wait. I bought all my shares under .02. This hits $1. I have all 4 years of college tuition paid for my son.
Nice bounce
Multiple pennies by mid May...IMHO. LIGA $$$$
Slow and steady wins the race LIGA $$$$
I bought all of my shares under .02. I am sitting on freebies
Is it me or has the pos just jumped up
I am holding for dear life $USRM
1.50 - $2 maybe higher and a possible buyout
Copper in 2 weeks
Web site has been defunct for some time. Tom Toland is no where to be found.
This has been dead for years. CEO is a charlatan
There is a settlement that yet has to be ratified. Verizon conceded to most of the Unions demands. Apparently VZ realized that it actually needs it's trained American Workforce.
Fantastic Job Today CWA 1400 & IBEW T-6 on Boston Rally Turnout Against VZ CEO Greedy Lowell McAdams!! When We Fight We Win!!!
VZ strike will cost company $200M in profits
Verizon's CEO and analysts are confirming that the strike is having a significant impact on the company’s financials – on both wireline and wireless business.
At an investors conference in Boston today, where more than 800 strikers are protesting, CEO Lowell McAdam confirmed that the strike may hurt second quarter earnings as Verizon falls behind on installations without the support of its 40,000 trained technicians and customer service representatives.
This comes as financial analysts tell the Philadelphia Inquirer that the strike will cost Verizon at least $200 million in profits this year and that the company will lose 150,000 FiOS video and data customers due to the massive work stoppage.
And Friday, Wells Fargo analysts projected an impact on both the wireless and wireline sides of the business as the bank reduced Verizon’s second quarter revenue estimate by $343 million and 2016 wireline estimate by $826 million.
Overall, Verizon’s stocks are down by 5% since the beginning of the strike as its brand name takes a hit.
Meanwhile, yesterday Syracuse became the latest of 16 cities that have passed resolutions in support of striking Verizon workers.
Fortune reports that the municipal resolutions come at a time when Verizon’s stock values have dropped by 5% and Verizon’s CFO acknowledges that FiOS sales are significantly down as the strike continues.
“While 40,000 striking workers are fighting to save good, middle-class jobs, Verizon is sending untrained and unqualified replacement workers to perform highly technical tasks in homes, businesses and communities along the East Coast," said Bob Master, Assistant to the Vice President of CWA District 1. "We have received dozens of reports of delays, botched repairs, and dangerous behavior from Verizon’s replacement workforce."
I'm getting tired of Verizon releasing statements blaming our union brothers and sisters for the failings of the SCABS they are employing to do the technical work, they are obviously not trained or mentally capable of performing. In the past 2 weeks, Union Brothers have been struck and run down by unlicensed drivers, one drunk and one in CDL vehicle, yet Verizon is telling the press that the union workers were at fault. WTF ? I'm not really sure what pisses me off more about this attitude, Is it that they honestly think our Union Members would put themselves in harms way, especially with a truck that requires a CDL? Or is it that they think our loyal customers are so stupid, that they will forget that the drivers were drunk, or were unlicensed?
One more thing the public needs to be aware of. Verizon would like nothing more, than to BUST the unions and replace each union member with scabs like these. These scabs have not been vetted in any way at all. But Verizon was hiring scabs though contract companies, like SCABSRUS or what ever. This way, when drunk unlicensed workers screw up, they can blame them too, but Americans are smart enough to know, Verizon, YOU are ultimately at fault for every bit of what is going on. Even Donald Trump would hold you accountable if hell froze over and he got elected. Lowell Adams, you and your ass puppets need to get back to the negotiating table, work out issues, and offer a great contract, one that brings back every job you have ever outsourced, and get them into the unions, as well as Verizon Wireless, get them into the unions, negotiate with them, and get the quality into Verizon wireless, that you and the customers have enjoyed or decades. We, the unions demand it, and your customers do too.
Excellent article Great DD
I am hearing words on a possible buyout. Working on confirming it.
It is not bargaining in good faith, or negotiating at all when you send for Fedex to pick up your "final, best, and last offer" to be mailed to employee homes at 10:08 am, 5 hours before you meet to hear the unions counter proposals. Verizon does nothing in Good faith!!!!!
Yes, I agree it is hilarious especially when sick children no longer have health insurance.
It has been reported that 110,000 human lives health care was canceled May 1, 2016 by Verizon. #standup2vz
Why is the shareholders meeting in New Mexico?
Many of you have asked why we didn't take the deal offered from the company yesterday. The following is the reason. It is a list of bullet points put together by the bargaining team.
Specifics from yesterday's Proposal
· Job Security
Job security would remain in place for those hired prior to 2003 provided the union agrees to increase the mileage people can be moved from 35 to 50 miles, and force transfers requiring home relocation, permanent transfers requiring home relocation and the company wants complete control over where and when they offer a Special Enhanced Income Plan, which will lead to those jobs being performed by contractors
· Significant retiree healthcare increases
· New hires would not receive any retiree healthcare at all.
· 11 Centers are still on the list to be closed, shipping people up to 150 miles away from their current location.
· Freezing the Pensions, tying the 2016 Mortality Table to the Pension fund from this point on
· Changes to the healthcare plan, including deductibles
· Introducing a Formulary to the healthcare. The company will decide which drugs you can get based on their cost, regardless of their effectiveness or your doctor’s recommendation
· Call sharing that does not promise to maintain existing centers and gives the company complete freedom to route calls however they choose
· Increasing the flexibility of their ability to send calls to contractors, which positions our members for a surplus or layoff
· There will be no Corporate Profit Sharing in 2016, paid out in 2017
· There will be no retro pay for the last year of working without a contract
· Company is trying to sell this agreement by offering 400 jobs without any promises of keeping current levels of employees
· Even though the company has modified sending people out of town for 60 days, the intent is clear to be able to have a traveling work force in the states that are clustered together
Issues the Union has brought up
· They have not addressed any of the forced overtime issues at all
· They have not addressed our issues with Electronic Monitoring and Evaluative Observations
The ongoing strike by nearly 40,000 Verizon workers—the largest work stoppage in the United States in recent years—is a bold fight against the kind of strategies that big corporations have used for decades to maximize profits at the expense of workers.
#VerizonStrike #StandUp2Vz
That does not include employees hired after 2003. VZ has hired a multitude of employees in the past 13 years. VZ treats it's employees like chattel.
I am quietly accumulating
Cell service was spotty at best. Many towers were damaged by the storms. BTW, I was not referring to Sandy
When the East Coast was hit with 2 hurricanes 4 years ago, cell service was not existant. The towers did not have power to transmit the signals. That alone proved the importance of landlines. FIOS is a lot more reliable than copper. Lowell is not in touch with reality and does not care about his customers.
Regional Bargaining Report # 62
Sunday, April 24, 2016
It is now Day 12 of the strike and instead of the company bargaining team coming to the table to negotiate; Company executives continue to visit CWA and IBEW members on the picket lines. While our members have repeatedly told Vz executives to get back to the bargaining table they don’t seem to get the message.
Instead the Company continues to spin to the media how well compensated employees are with the wage and benefit package Vz. provides. The Company’s message is like a broken record. The Company attempts to project its own greed onto Union members. Verizon has concocted an inflated $130,000 number for our wage and benefit package to make it seem as if
workers are lavishly paid. But when it comes to lavish pay at Verizon, only three numbers really matter: Verizon’s $18 billion in profits in 2015, CEO Lowell McAdam’s total compensation of $18 million last year, and the more than $230 million given to Verizon’s top-five executives in the last five years.
We know the Company not only heard us at the bargaining table but they understood the Unions’ issues are centered around maintaining good jobs for our members and yet they continue to spin lies about employees compensation to create a diversion from dealing with the real issues. The following issues must be addressed in this round of bargaining to maintain good jobs at Verizon.
· Offshoring Good Jobs – Verizon has already contracted out work to more than
5,000 employees in the Philippines, Mexico, the Dominican Republican and other overseas locations. These offshore workers handle customer service calls originating in the Mid-Atlantic and Northeastern states. Verizon wants to increase the number of calls — and jobs — that are transferred overseas.
· Outsourcing Work to Low-Wage Contractors – Verizon is pushing to dramatically expand its outsourcing of work to low-wage non-union contractors. The company wants to sharply expand the amount of contracting out of outside line work, particularly vital work installing and maintaining telephone poles.
· Hanging Up on Wireless Workers – Verizon is also refusing to negotiate a fair first contract for Verizon Wireless retail workers who formed a union in 2014. Verizon says Wireless workers make the company huge profits, but it’s refusing to give them any improvements — even though they’re some of the lowest paid people at Verizon. Also, Verizon is failing to negotiate a fair contract for the 100 wireless technicians who maintain the network in downstate New York.
· Call-Center Closings – Despite the high-demand for customer service, hundreds of Verizon workers are at risk of losing their jobs or being forced to commute as much as three hours more each day because of the company's plan to close and consolidate call centers. Members’ families and communities would be devastated by these moves. Most of the centers are located in Vz owned facilities and have ample space to accommodate additional call center workers.
· Out of State Assignments – Verizon executives want technicians to work away from home for as long as two months at a time, anywhere from Massachusetts to Virginia, without seeing their families. Some members will be forced to choose between caring for their kids and keeping their jobs.
. Improved Working Conditions – Verizon management has created a sweatshop environment with its excessive monitoring and unreasonable overtime assignments. Employees are monitored in call centers by the electronic recording of every call. Outside technicians are monitored with a Global Positioning System tracking every aspect of movement of the company vehicles. The mismanagement of these monitoring tools has created high levels of stress affecting employee productivity and morale. Call center management routinely assign overtime to employees and then without any concern for the employee’s quality of life cancel assignments less than 10 minutes before the scheduled overtime while directing calls to contract vendors. Outside technicians have been forced to work overtime to the point of exhaustion because the Company has not hired enough technicians to keep up with the workload. Members deserve better treatment than this from Vz.
Sooner or later the company will get the message: Our members are united in the fight for good jobs and improved working conditions. Corporate greed must be stopped! CWA and IBEW members are leading the fight against Corporate Greed for all workers.
Picket lines are strong throughout Mid-Atlantic. Wireless stores have been targeted by Locals who are moving more pickets to the stores. Internal sources have confirmed sales results are dropping in Wireless stores and Verizon stock has started to drop as well. Our members are doing a great job on picketing, rallies and dealing with the media. We have received commitments of support from the entire Labor Movement including the Utility Workers Union in Scotland who has volunteered to make this a global fight with Verizon and its contracts in Scotland.
No significant movement has been made in these negotiations since the strike began on April 13 th. The Unions’ bargaining team remains available to meet with the company to work out a fair agreement. An agreement that secures the good middle class jobs we have today.