executive

Sony Said to Suggest 11% Pay Cut for Executives Following An

Published on Wed, 06/08/2011 - 11:36
By FNNO Staff in analysis, business, executive, financial news, market, pay cut, sne, sony, stock, trading
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By FNNO Staff
fnnonline@gmail.com

Transocean Execs Donating Portion of Bonuses To Victims (RIG)

Published on Wed, 04/06/2011 - 13:03
By FNNO Staff in General Interest, analysis, bonus, business, donation, executive, financial, macondo, market, news, oil well, rig, stock, trading, transocean, News Update

The donation will be made to the Deepwater Horizon Memorial Fund, established last year in the wake of the disaster, for donations by coworkers and friends to help the families of the 11 men lost in the accident.

The non-deductible sum will exceed $250,000.

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Transocean's (NYSE:RIG) senior management team said last night they would donate the portion of their bonuses they earned from getting good marks on internal safety metrics to the families of the 11 men killed in last years Deepwa

By FNNO Staff
fnnonline@gmail.com

Archer Daniels Midland Announced Luciano Will Join As Exec VP, COO (ADM)

Luciano will lead the company's global operations and commercial activities. He will report to the company's Office of the Chairman, comprised of Chairman, CEO and President Patricia Woertz and Vice Chairman John Rice.

Patricia Woertz commented on the announcement saying, "I am very pleased to have Juan join our senior executive team and partner with us as we grow the value, earnings and size of our company.

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Archer Daniels Midland (NYSE:ADM) announced that Juan R. Luciano will join the company in the new role of Executive Vice President and COO, which is effective on April 12.

By Stephanie Shyu
sshyu@fnno.com

Executive Bonuses On The Rise

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For the most part, CEOs had a pretty good pay year in 2010. The Wall Street Journal is reporting that CEO bonuses at 50 major companies rose 30.5%, according to a study conducted by consulting firm Hay Group. That figure is the la

By Stephanie Shyu
sshyu@fnno.com

JM Smucker Announces New Executive Appointments; Sole CEO, New President

Vincent C. Byrd, currently the President of U.S. Retail Coffee and with 34 years experience at the company, will assume the role of President and Chief Operating Officer with responsibility for the Company's U.S.

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The J.M. Smucker Company (NYSE:SJM) said on Tuesday that effective August 16, 2011, Richard K. Smucker will become the sole CEO of the Company. His current Co-CEO, Timothy P. Smucker, will continue to serve the Company as Chairman

By Stephanie Shyu
sshyu@fnno.com

Citigroup Down 0.32% as Analyst Criticizes Compensation Plan

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The Wall Street Journal reports that Citigroup's (C) compensation plan is getting panned by CLSA analyst Mike Mayo, sending shares fractionally lower. Mayo, who the Journal says has been a sharp critic of the bailed out bank, crit

By Mathieu Lloyd
mlloyd@fnno.com

GSI Commerce Reported Mixed Q4 Results, Top Line Up 25%

GSI Commerce has a potential upside of 39.1% based on a current price of $22.24 and an average consensus analyst price target of $30.93.

GSI Commerce is currently below its 50-day moving average (MA) of $23.32 and below its 200-day MA of $25.10.

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GSI Commerce (NASDAQ:GSIC) reported Q4 EPS of $0.57, topping consensus estimates of $0.51 per share. Revenues for the quarter rose 25% year-over-year to $537.0 million, ahead of consensus estimates of $532.9 million.

By Christie Duffy
cduffy@fnno.com

Nuance Communications Misses Q1 EPS and Revenue Estimates (NUAN)

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Nuance Communications (NASDAQ:NUAN) reported fiscal Q1 EPS of 28 cents, short of the 31 cents analysts were expecting. Revenue also was light totaling $317.3 million, vs.

By Christie Duffy
cduffy@fnno.com

Prudential Tops Q4 EPS ans Sales Estimates by Wide Margin

Prudential reported book value per share of $63.11 as of Dec. 31, up from $51.52 per share in the year-ago period.

Chairman and CEO John Strangfeld said, "Our solid operating results for the fourth quarter and the year reflect sustained organic growth in our key U.S. retirement and international insurance businesses.

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Prudential (NYSE:PRU) reported Q4 EPS of $1.78, easily beating Street estimates of $1.48 per share. Revenue in the quarter totaled $8.13 billion, also well above the $7.88 billion consensus.

By Christie Duffy
cduffy@fnno.com

Advanced Auto Parts Tops Q4 Estimates and Guides Above Street

The company said it sees 2011 EPS of $4.60-$4.80, vs. a consensus estimates of $4.61. Advanced Auto is forecasting 2011 comparable sales up in the low to mid single digits.

CEO Darren Jackson said, "Our team reached many record strategic and financial milestones this year.

earnings, company, firm, statement, finance, financial, revenue, eps, margin, profit, income, return, invest, advice, cfo, ceo, executive, quarter, year, projection, estimate, outlook, range, business, wall street, economy

Advanced Auto Parts (NYSE:AAP) reported Q4 EPS of 57 cents, better than the 54 cents per share analysts were expecting. Revenue rose 11.1% year-over-year and totaled $1.27 billion, just above the Street target of $1.25 billion. Gr

By Christie Duffy
cduffy@fnno.com

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