Guziak named CEO of 2 Sun Health entities Nov 7, 2009
While looking forward to his retirement, Peterson said he is confident in the team he has put into place, including Joe La Rue as CEO of Sun Health Partners, a subsidiary of Sun Health Services; and Bill Sellner as CFO of both entities. For more: www. (Phoenix Business Journal, AZ)
Charles & Colvard Announces Third Quarter 2009 Earnings Teleconference and Webcast Nov 7, 2009
Charles rd, Ltd.Timothy Krist, Chief Financial Officer 919. 468. (Primezone Releases)
Kaiser's 3Q profits soar to $569M Nov 7, 2009
While we are seeing some positive activity in the financial markets, uncertainty in the economy and health care industry continues, Kathy Lancaster, Kaiser's executive vice president and CFO. Looking forward, we remain cautious about economic recovery given the continued high rates of unemployment. George Halvorson, Kaiser's chairman and chief executive officer, stressed that the giant Oakland-based system has opened four new hospitals and 27 new medical office buildings since last fall, and has... (San Jose Business Journal, CA)
SEC Inquiry Could Lead to Fla. Oversight Changes Nov 7, 2009
Florida CFO Sink, Sen ... The trustees presently consist of the governor, CFO and attorney general. (ABC News -- Wire)
4-Star Stocks Poised to Pop: VMware Nov 7, 2009
Market-trouncing returns could be written in this 4-Star. By Brian D. Pacampara. (MSNBC -- Business)
Needham's North Hill re-signs lease with Wellesley's Babson College Nov 7, 2009
Phil Shapiro, Chief Financial Officer, Babson College, and Kevin Burke, President/CEO North Hill Communities, Inc., represented their organizations in signing the lease. In a press release statement, Shapiro commented, This process has brought our two organizations closer together. (Wellesley Townsman, MA)
BAE fills spot vacated by Hudson's promotion Nov 7, 2009
He previously was senior vice president of finance and chief financial officer, responsible for financial accountability for the companys U.S.-based operating groups in the U.S., U.K., Sweden and South Africa. Murphy, who joined BAE Systems in 1999 following 18 years at General Electric Co., also has served as president of BAE Systems Technology Solutions Sector, a provider of technical and professional services to the U.S. Defense Department, federal civilian agencies and the homeland... (FCW.com)
Kaiser's income rises, membership falls Nov 7, 2009
While we are seeing some positive activity in the financial markets, uncertainty in the economy and health care industry continues, chief financial officer Kathy Lancaster said in a news release. Though we are pleased with our performance, we continue to focus on making our high-quality care and service as affordable as possible, which is especially important to our customers and members in this uncertain environment. (Sacramento Business Journal, CA)
America is rusting because of free trade Nov 7, 2009
" The word "alpha" signifies an investment for which the return is greater than the risk. Africa is alpha country. That's because land, which is extremely fertile in some regions, is inexpensive on the impoverished continent. Payne's land fund pays $350 to $500 per hectare ($140 to $200 per acre) in Zambia, about one-tenth the price of land in Argentina or the United States. For a small farmer in Africa, the average yield per hectare has remained unchanged in 40 years. With a little fertilizer... (Salon)
CKX, Inc. Reports Third Quarter 2009 Results Nov 7, 2009
Robert F.X. Sillerman, Chairman and Chief Executive Officer, and Thomas P. Benson, Executive Vice President and Chief Financial Officer, will be hosting a conference call for investors today at 1:00 p.m. EST to discuss the quarterly results. The conference call numbers are. (Yahoo! Wire -- Entertainment News)
Kozlowski sentenced to up to 25 years in prison Nov 7, 2009
Kozlowski gets up to 25 years Mark Swartz, former Tyco CFO, also gets 8-1/3 to 25; both men fined, handcuffed, sent to jail ... Former Tyco CFO Mark Swartz got the same sentence from Manhattan Supreme Court Judge Michael Obus. (Yahoo News -- Tyco)
Whittle named chamber president Nov 7, 2009
Like all chamber employees, she does a bit of everything for the organization, but one of her main focuses has been as chief financial officer. Weaver said the board is equally pleased with Adams' work and expects great things to come from both appointments. (Bradford County Telegraph, FL)
Soldiers, health system under strain Nov 7, 2009
Three other top positions -- the principal deputy, the deputy for clinical programs and policy, and the chief financial officer post -- are also unfilled. Click for related content. (MSNBC -- Terrorism)
Telus Profit Beats Estimates as Customers Spend More on Internet, E-Mail Nov 7, 2009
Were quite bullish on the future of data revenue growth, Chief Financial Officer said on a conference call with analysts. Sales declined 1. (Bloomberg -- Canada)
Patch Tuesday: Expect 6 security fixes Nov 7, 2009
Jabulani Leffall is a journalist whose work has appeared in the Financial Times of London, Investor's Business Daily, The Economist and CFO Magazine, among others. Related Articles. (FCW.com)
Suncor to Sell Up to $3.7 Billion in Assets, Tighten Focus on Oil Sands Nov 7, 2009
3 billion, which will be largely achievable through 2010, Chief Financial Officer said on the call. Suncor will update investors on Nov. 13 about the 2010 budget and in which order capital projects will be advanced. (Bloomberg -- Canada)
British Airways Traffic, Prices Stabilize After Record Loss; Shares Rally Nov 7, 2009
Yields have fallen about 12 percent this year, British Airways Chief Financial Officer said in an interview. Yields have been particularly low over the last six months so we are starting to see some traction, Williams told Bloomberg Television. (Bloomberg -- UK)
Centro bid to contain class action Nov 7, 2009
Under the action, former Centro chief executive Andrew Scott and former chief financial officer Romano Nenna also face claims that they failed to sign off on the financial reports in their role as executives. Yesterday, the group said the special matters committee would be comprised of all non-involved directors to deal with the ASIC proceedings and consider any corporate governance implications for Centro. (Sydney Morning Herald -- Business)
Canada Loses 43,200 Jobs in October, Unemployment Rate Increases to 8.6% Nov 7, 2009
Some of the manufacturing jobs arent coming back the way we expected them to, , chief financial officer of Tim Hortons Inc., Canadas largest fast-food chain, said in an Oct. 30 telephone interview. Were seeing that in regions like Ontario, which had a heavy reliance on the automotive industry and U.S. trading. (Bloomberg -- Canada)
Magna Surges Most Since 1991 After Profit Bucks Analysts' Loss Estimates Nov 7, 2009
Magna had costs for advice on the Opel deal, which were not material, Chief Financial Officer said on the conference call. Were not looking at any other transactions in that space, Walker said when asked if Magna would consider buying another automaker. (Bloomberg -- Canada)
Charles & Colvard inks deal with Stuller Nov 7, 2009
"Stuller is a big deal for us," says Charles & Colvard Chief Financial Officer Tim Krist. "They're one of our largest customers.". (Triangle Business Journal)
'We're pretty much broke' Nov 7, 2009
Chief Financial Officer Rhett Fricke explained that in 2008 the hospital census was high and cost per patient relatively low. Medicare calculated its 2009 payments on that basis. (Port Lavaca Wave, TX)
Studio featured on 'Queer Eye' ready to sell its shares Nov 7, 2009
The planned IPO "is something we've been working toward. We're excited about our potential," Chief Financial Officer David Barnard said. The company said that CIBC World Markets Corp. will lead its IPO, with shares of the deal also going to William Blair nd SG Cowen Securities. (Yahoo News -- Queer Eye for the Straight Guy)
Wal-Mart's New India Push Nov 7, 2009
"We're stepping up growth in our international operations to take advantage of growing economies and opportunities in emerging markets such as China and Brazil," Wal-Mart executive vice-president and chief financial officer Tom Schoewe said in a statement two weeks ago. The Indian market, too, is crucial for Wal-Mart but current Indian laws don't allow foreign retailers to open multi-brand stores. (BusinessWeek)
Knology Reports Results for the Third Quarter and Announces Definitive Agreement to Acquire the Assets of Private Cable Co., LLC for $7.5 Million Cash Nov 7, 2009
M. Todd Holt, Knologys President and Chief Financial Officer, added, We were pleased to successfully execute the credit facility amendment in the third quarter to allow us to better manage the balance sheet on a longer term basis ... Knology, Inc.M. Todd Holt, 706-645-8752President and Chief Financial Officer. (Yahoo! Wire -- Entertainment News)
St. Louis Science Center targeted in scam Nov 7, 2009
The red flags went up immediately, said center Chief Financial Officer Tom Jaskiewicz, who told his staff to call the BBB. We thought this is awful, absolutely ridiculous, he told the BBB. Obviously, we caught this, but older folks who get something like this at their homes may think oh, my goodness, this is legitimate. We don t want that to happen. (St. Louis Business Journal, MO)
No Fit for Luxury Lifestyle for Tokyo Women Costs Versace, Gucci Customers Nov 7, 2009
Gucci sales in Japan dropped 20 percent in the third quarter of the year, according to , chief financial officer. Bain estimated that 15 percent of the 300 luxury stores expected to open this year will be in mainland China, with another 25 percent opening elsewhere in Asia. (Bloomberg -- Japan)
Exclusive Subscriber Content Nov 7, 2009
Print Edition - Pittsburgh Business Times. for free extra services. (Pittsburgh Business Times, PA)
* Increased customer traffic lifts Starbucks earnings Nov 7, 2009
Chief financial officer Troy Alstead said the average amount customers spent in each visit to Starbucks rose in the fourth quarter that ended in September. Sales at shops open at least a year recovered from the third quarter and from last year, Alstead said. (Taipei Times, Taiwan -- World)
Survey: Bankers slow hiring, cut costs Nov 7, 2009
According to a survey of chief financial officers and senior comptrollers conducted by , only 20 percent said their company will increase hiring in the next six months while 55 percent said executive bonuses will be trimmed. Only 40 percent believe the U.S. economy will improve by the first quarter of 2010, compared to 49 percent of financial officers across all industry sectors. (Louisville Business First, KY)
Survey: Bankers slow hiring, cut costs Nov 6, 2009
Only 20 percent of chief financial officers and senior comptrollers plan to increase hiring in the next six months, according to a survey conducted by. Most of those surveyed expect no change in staff levels, while 24 percent intend to cut staff. (Charlotte Business Journal, NC)
Rite Track hires Taulbee as CFO Nov 6, 2009
Taulbee s 15 years of financial management experience include stints as CFO for Gray America Corp. in Dayton, and Circle S Foods in Monroe, N.C. He is a certified public accountant and a graduate of Wright State University and the University of Kentucky. Darren provides a great blend of experience and knowledge that will give him a real edge in coordinating our global finances, said CEO Tim Hayden in a news release. (Cincinnati Business Courier, OH)
Kozlowski sentenced to up to 25 years in prison Nov 6, 2009
Kozlowski gets up to 25 years Mark Swartz, former Tyco CFO, also gets 8-1/3 to 25; both men fined, handcuffed, sent to jail ... Former Tyco CFO Mark Swartz got the same sentence from Manhattan Supreme Court Judge Michael Obus. (Yahoo News -- Tyco)
Harsh cuts pay off as Murdoch posts profit Nov 6, 2009
The company's chief financial officer, David DeVoe, said guidance for operating income was for high single-digit to low double-digit for the 2010 year. And if the advertising market continues to improve this may prove conservative. (Sydney Morning Herald -- Business)
Leighton divorce: who got the kids? Nov 6, 2009
In describing the abrupt exit of its chief financial officer, Scott Charlton, Leighton's chairman David Mortimer in his address yesterday praised the Texan for his role in helping the company triple in size during his six years as an employee ... In the longer term I think it will be for the benefit of the company,'' Wal said of Charlton's replacement with the former Qantas chief financial officer Peter Gregg. (Sydney Morning Herald -- Business)
Wal-Mart chief renews effort for FDI in multi-brand retail Nov 6, 2009
Were stepping up growth in our international operations to take advantage of growing economies and opportunities in emerging markets such as China and Brazil, Wal-Mart executive vice-president and chief financial officer Tom Schoewe said in a statement two weeks ago. The Indian market, too, is crucial for Wal-Mart but current Indian laws dont allow foreign retailers to open multi-brand stores. (India Times)
Studio featured on 'Queer Eye' ready to sell its shares Nov 6, 2009
The planned IPO "is something we've been working toward. We're excited about our potential," Chief Financial Officer David Barnard said. The company said that CIBC World Markets Corp. will lead its IPO, with shares of the deal also going to William Blair nd SG Cowen Securities. (Yahoo News -- Queer Eye for the Straight Guy)
In brief: Escada | Warehouse closing | General Growth heiress Nov 6, 2009
Ryerson Chief Financial Officer Terence Rogers told Crain's that Cinsepace doesn't have a contract yet. Related story. (Crain's Chicago Business)
I-75 crossing finally opens to traffic Nov 6, 2009
-- Brandie Meisner, CFO, M&M Excavating. No comments posted. (Gaylord Herald Times, MI)
Manor Global Updates Shareholders Nov 6, 2009
Mr. Leung previously acted as chief financial officer of Red Dragon Resources Corp. between April 2005 and May 2009, and served as director and chief financial officer of ifuture ... Harvey H. McKenzieManor Global Inc.Chief Financial Officer(416) 400-8003. (CCNMatthews Press Releases)
Sahara Energy Ltd.: Change of Chief Financial Officer and Director Nov 6, 2009
CALGARY, ALBERTA--(Marketwire - Nov. 5, 2009) - Sahara Energy Ltd. (the "Corporation") (TSX VENTURE: - ; PINK SHEETS: - ) announces that Dufton Lewis has resigned as a director and Chief Financial Officer of the Corporation to pursue other business opportunities ... Douglas James has been appointed as Chief Financial Officer of the Corporation. (CCNMatthews Press Releases)
PCMH board approves landscaping option Nov 6, 2009
approved the chief financial officer's report, the transfer of funds and the budget amendments and line item transfers, as presented by CFO Leticia Fox. approved a contract with Texas Tech Telemedecine to expand pediatric specialty care; the contract is for two years at no cost to PCMH. (Fort Stockton Pioneer, TX)
Hannover Re Raises Forecast as Third-Quarter Net Beats Analyst Estimate Nov 6, 2009
The increased 2009 profit target would translate into full- year net income of at least 690 million euros, Chief Financial Officer said in a telephone interview. Thats still a rather conservative assumption if claims and capital markets dont develop adversely in the fourth quarter, he said. (Bloomberg -- Germany)
Dakota Beef executive fined for illegal workers Nov 6, 2009
Dakota Beef's former Chief Financial Officer Steven "Flint" McCullough was sentenced to five years probation and $15,000 based on information that the Howard company knowingly employed 15 illegal immigrants for almost a year. McCullough, of Milford, Ill. (Madison Daily Leader, SD)
Plans for Crosby and Parmenter schools are still unknown Nov 6, 2009
Unless a decision is made by December, the International School of Boston will make plans to move out of Parmenter, according to Normand Saucier, the school s chief financial officer. To aid in the decision-making process, the town hired consultant RKG Associates to report on the best possible uses of the two buildings located on Irving and Winter streets. (Arlington Advocate, MA)
OHSU CFO quits after two weeks on job Nov 6, 2009
CFO Larry Revill has resigned effective immediately, after only two weeks on the job, citing unexpected changes in his personal life ... Retired CFO Jim Walker had filled the position on an interim basis since Brad King s departure in February. (Portland Business Journal, OR)
Verso Paper more than doubles 3Q income Nov 6, 2009
Chief financial officer Robert Mundy said the gain of $0. 83 per share and estimated loss of $0. (Memphis Business Journal, TN)
Spinoff expenses swing Cardinal into red Nov 6, 2009
The pharmaceutical segment had a stronger start than we expected, CFO Jeff Henderson said in the call. Revenue on the drug distribution side increased 5 percent, although segment profit was down from the same quarter a year ago because of fewer generic launches, last year s contract renewals that lowered prices and the costs of restructuring the Medicine Shoppe pharmacy chain. (Columbus Business First, OH)
Starbucks sees increase in spending, visits Nov 6, 2009
Chief Financial Officer Troy Alstead said the average amount customers spent in each visit to Starbucks rose in the period. And he said sales at shops open at least a year recovered from the third quarter and from last year. (MSNBC -- Business)
BOARD OF SUPERVISORS Nov 6, 2009
Although there are still many state and federal guidelines to be met, SynGest CFO Don Frazer of Oelwein expressed hope construction on the project could begin in the spring of 2010 with anhydrous production beginning in the spring of 2012. Frazer stated the plant would use 130,000 tons of biomass (corn cobs) annually. (The Guthrian, IA)
Time Warner Looks Ahead to Future Without AOL Nov 6, 2009
"We saw only a slight improvement in advertising trends in the quarter," CFO John Martin said. "Display and paid search both remain soft.". (SmallBusinessComputing)
New-look Delphi has new board Nov 6, 2009
Among them are the former chairman and CEO of Rohm and Haas Co., the senior vice president of human resources at , the vice chairman and CFO of , and the CEO of. Delphi, which is headed by President and CEO Rodney O Neal, said it expects to make other appointments. (Buffalo Business First, NY)
Starbucks profit beats estimates; business picks up Nov 6, 2009
Chief Financial Officer Troy Alstead says sales in locations open at least a year are recovering, compared with both the third quarter and last year. The coffee house chain earned $150 million, or 20 cents per share, during the quarter that ended in late September. (USA Today -- Money)
No Fit for Luxury Lifestyle for Tokyo Women Costs Versace, Gucci Customers Nov 6, 2009
Gucci sales in Japan dropped 20 percent in the third quarter of the year, according to , PPRs chief financial officer. Bain estimated that 15 percent of the 300 luxury stores expected to open this year will be in mainland China, with another 25 percent opening elsewhere in Asia. (Bloomberg -- Japan)
DoCoMo to Rely on Dividend to Boost Record-Low Stock, Finance Officer Says Nov 6, 2009
DoCoMo to Rely on Dividends to Boost Stock, CFO Says (Update1) - Bloomberg ... DoCoMo to Rely on Dividends to Boost Stock, CFO Says (Update1). (Bloomberg -- Japan)
NTN Buzztime, Inc. Announces Conference Call to Discuss Third Quarter Financial Results on November 12, 2009 Nov 6, 2009
Hosting the call will be CEO, Terry Bateman and CFO, Kendra Berger. To access the conference call, please dial (866) 360-7027, if calling from the United States or Canada, or (706) 643-3291, if calling internationally, and use passcode 40060420. (Yahoo! Wire -- Entertainment News)
EA to Present at the BMO Digital Entertainment Conference on November 12 Nov 6, 2009
--(BUSINESS WIRE)--Electronic Arts Inc. (NASDAQ: - ) today announced that Eric Brown, Chief Financial Officer, will present at the BMO Capital Markets 17th Annual Digital Entertainment Conference on Thursday, November 12, 2009 in New York, NY. During the course of this event, Electronic Arts may disclose material developments affecting its business and/or financial performance. Thursday, November 12, 2009Presentation at 3:30 PM ET / 12:30 PM PT. (Yahoo! Wire -- Entertainment News)
Starbucks Raises Outlook as Turnaround Signs Mount Nov 6, 2009
Chief Financial Officer Troy Alstead told Reuters that more people are visiting Starbucks' cafes and spending a bit more money when they do, a trend that started in the third quarter and gained momentum toward the end of the fourth. Starbucks' net income for its fiscal fourth quarter, ended September 27, was $150 million, or 20 cents per share. (ABC News -- Business)
Chrysler aims to pump life into struggling lineup Nov 6, 2009
But Chief Financial Officer Richard Palmer said the company aims to pay back U.S. government loans by the end of 2014. He also expects Chrysler to break even in 2010 and report an operating profit of $5 billion in 2014. (The Augusta Chronicle)
Credit unions may recover $82 million Nov 6, 2009
The chairman of the LLC is David Hall, chief financial officer of in Madison. The credit unions hope to liquidate those assets to recover some of their losses with 15 percent of proceeds going to the receivership estate. (Milwaukee Business Journal, WI)
Move's Q3 loss dwindles to $758,000 Nov 6, 2009
We will exit 2009 with a more stable cost structure and a greater focus on delivering consistent cash flow, said CFO Rob Krolik. We have eliminated several unprofitable revenue sources through a series of divestments and partnerships in 2009. (San Jose Business Journal, CA)
Vale Is Operating at Maximum Capacity, Expects Additional Growth, CEO Says Nov 6, 2009
Vale Chief Financial Officer said Oct. 29 the company could soon boost iron-ore output to full capacity of about 310 million metric tons a year. In 2008 Vale produced 301. (Bloomberg -- Latin America)
Mexico's Largest Companies Say Calderon Budget Will Avert Rating Downgrade Nov 6, 2009
The gap remains small compared with deficits in the U.S. and other countries that have increased government spending to stimulate the economies, said , 52, chief financial officer of Mexico City-based America Movil. The U.S. gap will equal 11 percent of GDP this year, according to the median forecast in a Bloomberg survey of 33 economists. (Bloomberg -- Latin America)
Brazil's Bovespa Rises for Third Day on Gerdau, Vivo Profit; Real Climbs Nov 6, 2009
Brazils economic resilience will help its wireless industry outpace other Latin American countries through 2010, America Movil SAB Chief Financial Officer Garcia Moreno said. rose 3. (Bloomberg -- Latin America)
University budget is conservative stance Nov 6, 2009
"I can't say we specifically factored anything in," Chief Financial Officer Dave Belkoski said. "We don't know. What we do know is payments will be cut. And we factored that part in.". (The Augusta Chronicle)
