(Source: Philadelphia Inquirer, May 23, 2016)
PHILADELPHIA — Regarding the seven-week strike against Verizon by nearly 40,000 CWA and IBEW union members: After talking to company and union leaders, “we continue to expect the strike to end relatively soon,” but it will still reduce this year’s earnings for Verizon by around $200M, or a nickel a share, writes New York-based telecom analyst Barry Sine, in a report to clients of Philadelphia-based Drexel, Hamilton & Co.
Full story: Philadelphia Inquirer