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    News and Articles on Compensation

    Archives: Compensation

    Holiday Gifts to Employees May Be Followed by Tax Man  Nov 22, 2008
    For starters, no matter what you call it -- a gift or a bonus -- cash or checks given to employees are considered compensation as far as the Internal Revenue Service is concerned ... For salaried employees, there may be no change to compensation and no tax consequences to the employer or employee as a result; again, you would need to confirm the specifics of your individual employees' arrangements first. (Law.com)

    McRae Industries, Inc. Reports Earnings for Fiscal 2008  Nov 22, 2008
    This reduction in SG&A costs was primarily related to lower charges for R&D, group health insurance and sales related compensation. As a result of the above, the operating loss improved from $632,000 for fiscal 2007 to $343,000 for fiscal 2008. (PR Newswire)

    CORRECTION: ProLink Holdings Corp. Reports 2008 Third Quarter Results  Nov 22, 2008
    Nov. 21 /PRNewswire-FirstCall/ -- ProLink Holdings (OTC Bulletin Board: PLKH) informed us today that it has corrected the "Net Loss -- Third Quarter of 2008 Income Before Depreciation, Amortization, Interest, Stock-Based Compensation and Litigation Expense calculation" previously disclosed in its 2008 third quarter financial results press release dated November 14, 2008. For the nine-months ended September 30, 2008, the Income Before Depreciation, Amortization, Interest, Stock-Based Compensation... (PR Newswire)

    Anthony W. Thompson, CEO of Thompson National Properties, Harold A. Ellis, Jr. and Stuart A. Tanz Mail Letter to Grubb & Ellis Shareholders  Nov 22, 2008
    In addition, incumbent director Mr. Michael Kojaian, who is a member of the Board's compensation and corporate governance and nominating committees, serves as executive vice president and a shareholder of Kojaian Management Corporation, a company that received approximately $3. 1 million from Grubb & Ellis for asset management services in fiscal 2007. (PR Newswire)

    The black hole in financial markets  Nov 22, 2008
    Given that incomes will decline (through rising unemployment and lower compensation), Americans will be swimming against the current as they try to repair the household balance sheet. That portends a very long and painful economic downturn, worse than the 1979-1982 crisis that preceded the Ronald Reagan reforms. (Asia Times Online)

    Probe of 'Joe the Plumber' blasted  Nov 22, 2008
    The department wanted to make sure appropriate actions were taken if he owed child support, received public assistance or owed unemployment compensation taxes, she wrote. This article appeared on page A - 2 of the San Francisco Chronicle. (San Francisco Chronicle)

    Gaylord Entertainment Announces Key Leadership Team Promotions  Nov 22, 2008
    Gara Pryor, presently vice president of compensation, benefits and human resources information systems, will assume the role of senior vice president of human resources ... Pryor joined Gaylord four years ago as vice president of reward systems and was recently promoted to vice president of compensation, benefits and HRIS. Previously, Pryor worked for five years as senior director of compensation, HRIS and stock services with Dollar General. (Yahoo! Wire -- Entertainment News)

    Class Lawyers Against Coke Get More Than $31.5 Million  Nov 21, 2008
    In his order, Hunt expressed concern that the legal fees award could become "a windfall rather than just compensation for class counsel's hard work and risk." (Both firms litigated the case on contingency. . (Law.com)

    Court Clerk Charged in Mortgage Scheme  Nov 21, 2008
    D'Emic was charged with 11 counts of falsifying business records and one charge of prohibited sharing of compensation by attorneys. Reached by phone Wednesday, D'Emic's attorney, Samuel Gregory, said his client did not know that the underlying sales were fraudulent. (Law.com)

    In Surprise Move for Troubled Times, DLA Piper Asks Partners to Contribute Capital  Nov 21, 2008
    The firm says it wants to reduce its reliance on bank credit and simplify its compensation structure. The amount of capital that each income partner will be required to contribute will depend on seniority. (Law.com)

    The taxpayer watchblog  Nov 21, 2008
    Saturday, August 2, 2008 12:10 PM EDT. Mark Kukiela is an employee of The Citizen and a Cayuga County resident that would like to see government spending brought in line with what is affordable. (Auburn Citizen, NY)

    North Carolina's Biotechnology Investment Tops Billion-Dollar Mark; Battelle Study Quantifies Economic Dividends and Jobs  Nov 21, 2008
    Text hiding to spacing. Total impact of NC's biotechnology sector is $45. (PR Newswire)

    Ann Taylor Elects Michelle Gass to Board of Directors  Nov 21, 2008
    She will also join the Board's Compensation Committee. Ms. Gass currently serves as Executive Vice President, Marketing and Category, at Starbucks Coffee Company. (PR Newswire)

    Changing Louisiana's Constitution  Nov 21, 2008
    Employers are required to allow service members to return to their positions with full benefits and compensation as they would have accrued if the service member had not been deployed. However, the Department of Defense prohibits service members called to active duty (for more than 270 days) from exercising duties of elected state office. (New Iberia, LA)

    Increase in Paramedics pay could mean loss in services for Keener Township residents  Nov 21, 2008
    It is my belief, that it would be more cost effective and provide better service to our community to keep the rate of compensation at a competitive rate and not pay a rate that we will not be able to keep up with in the future, said Haberlin in a memo to Keener board members. Numerous Keener Township EMS employees voiced their concern over the 16. (Demotte Kankakee Valley Post News, IN)

    For many CEOs, private jets the only way to fly  Nov 21, 2008
    "Since 2000, people have gotten more thoughtful about the amount of executive transportation they own or lease, especially in light of executive compensation issues," Lapides said ... According to a regulatory filing, Ford Motor Co. CEO Alan Mulally's total compensation last year of 22 ... At The Coca-Cola Co., the world's largest beverage maker, former CEO Neville Isdell received total compensation valued at 21. (Sioux City Journal, IO)

    DETECTIVE FIGHTS PAIN, RETIREMENT BOARD DECISION  Nov 21, 2008
    Ackley received an e-mail from his worker s compensation case manager on Oct. 1 informing him that Baltimore County would no longer authorize physical therapy or transportation to and from the sessions ... He was entitled to the higher disability compensation ... He said he paid for many of his treatments out of his own pocket, because getting approval for worker s compensation has been a constant struggle. (Dundalk Eagle, MD)

    For many CEOs, private jets the only way to fly  Nov 21, 2008
    "Since 2000, people have gotten more thoughtful about the amount of executive transportation they own or lease, especially in light of executive compensation issues," Lapides said ... According to a regulatory filing, Ford Motor Co. CEO Alan Mulally's total compensation last year of $22 ... At The Coca-Cola Co., the world's largest beverage maker, former CEO Neville Isdell received total compensation valued at $21. (MSNBC -- Politics)

    Beyond the courtroom  Nov 21, 2008
    Blair said that if there is any compensation for the long hours and hard-fought court battles, it is that he fights for the victims of those he prosecutes. Ive always considered what I was doing to be the right thing, Blair said. (Lake City Reporter, FL)

    Economist: Colorado is doing better  Nov 21, 2008
    The survey considered a broad array of issues, including sales and property taxes, corporate income tax rates, state minimum wage, quality of the legal system and worker compensation costs. Utah ranked first on the same survey. (Denver Business Journal, CO)

    First female director to lead Little League board  Nov 21, 2008
    They receive no compensation for their dedicated work on behalf of the children of the world. Board Officers. (Florida Today)

    As endowment slips, University cuts back  Nov 21, 2008
    We will constrain the growth of administrative expenses, compensation expenses, and commitments to new building projects ... In 2006, Wrighton received $490,500 in direct compensation, in addition to contributions to his benefit plan and an expense account, according to the latest available copy of the University s public tax return ... Despite proposing to cut his own salary, the chancellor did not call for a hiring freeze or a total freeze on faculty compensation. (Washington University Student Life, MO)

    Personal touch critical to deals in Middle East  Nov 21, 2008
    Jenkins will not discuss any aspect of his compensation and Barclays discloses the pay details only of its four executive directors. But the looming total reward for Jenkins - perhaps in excess of 30 million - underscores the extent to which cash-constrained institutions must richly reward the indispensable deal makers who are seen as crucial to their survival, even at a time when austerity and caution have become the rule. (International Herald Tribune -- Business)

    Microsoft, Novell eye Moonlight beta, system management  Nov 21, 2008
    receives no compensation from any manufacturer or distributor nor does it compensate any Advisor for the coverage of any product or service in any Advisor's content. (Yahoo News -- Technology)

    Study: North Carolina routs rivals in biosciences job growth  Nov 21, 2008
    5 billion in compensation, according to the report. All told, the study says, the state s biotechnology industry produces an annual economic impact of $45 billion while supporting more than 180,000 jobs and generating more than $1. (Raleigh Triangle Business Journal, NC)

    > Governor during Depression made major changes  Nov 21, 2008
    Paradoxically, he pushed through the legislature passage of a workers compensation law. He was a personal force, a charismatic leader, says Kim Cumber of the North Carolina Archives, who has written about Gardner and his administration. (Raleigh Triangle Business Journal, NC)

    Radiant Communications Announces Third Quarter 2008 Results  Nov 21, 2008
    -------------------------------------------------------------------------- ($000s) Q3 2008 Q3 2007 -------------------------------------------------------------------------- Operating Income (Loss) $ (158) $ 355 Amortization 245 184 Stock-based compensation expense 76 41 -------------------------------------------------------------------------- EBITDA $ 163 $ 580 --------------------------------------------------------------------------... (CCNMatthews Press Releases)

    What will media be like under Obama presidency?  Nov 21, 2008
    Phil wrote on Nov 21, 2008 7:43 AM:" As we wind down the week, let's review some accomplishments:- While the myth of the "liberal media" will live on, it has been demonstrated how out of date that thinking is. Media is owned by large corporations that chase profits. What determines profits - popular stories. Stories are stories, they aren't liberal or conservative.- The myth of the very highly paid CEO's deserving to make that much money is just that - a myth. None other than a true... (Waterloo Courier, IO)

    Class action wins over 'excessive annoyance'  Nov 21, 2008
    "They all have a great deal in common, Judge LeBel and Judge Deschamps said. Dust they are, and unto dust they shall return, yet human beings have difficulty resigning themselves to living in dust. Sometimes, weary of brooms and buckets of water, they are not unwilling to turn to the courts to get rid of it. This case is proof of that. While the case was based on civil statutes particular to Quebec, it is expected to give legal guidance to environmental lawyers in other jurisdictions. A scheme... (Globe and Mail -- National)

    VA Secretary Visits Canandaigua  Nov 21, 2008
    R News: As It Happens, Where It Happens. Friday November 21, 2008. (R News)

    Another View: A grateful nation needs to do more for veterans  Nov 21, 2008
    They require help and compensation, as does this new generation of warriors. Even in these troubled economic times, our veterans are entitled to first place in the line of creditors with a claim on our nation's conscience. (Hanford Sentinal, CA)

    A ray of hope in land battles (Nov. 16)  Nov 21, 2008
    (The contracts were that the owners were giving up compensation in return for the county s promise to waive certain regulations. . (Corvallis Gazette Times, OR)

    Durand gets high marks; Field contract, building study OK’d  Nov 21, 2008
    The board unanimously authorized performance compensation of 2,250 for Durand. A majority of the Board of Education voiced their continuing support of superintendent Paul Durand, Neil said. (Winona Daily News, MN)

    Outpouring Helps Man With Surplus of Dogs  Nov 21, 2008
    The back injury was serious, he says, but the insurance company providing his workman's compensation did not agree and refused to make payment. He says problems also developed with some of the doctors. (The Pilot Newspaper)

    Libya acts in HIV row with Bulgaria  Nov 21, 2008
    Sofia has rejected paying compensation because it says the nurses are not guilty. Last month, the Libyan leader, Muammar Gadafy, rejected calls from the west to release them. (Yahoo News -- Libya)

    Permanent home still eludes some post-Katrina  Nov 21, 2008
    Rafeal Joseph's worker's compensation case is tied up in court, and he is scheduled for surgery next month. Last week, Rockell's sister lost her job. (USA Today)

    Nationwide CEO to Get $24 Million in $25 Billion Customer-Funded Takeover  Nov 21, 2008
    4 million, according to estimates from , a former compensation consultant and author of the newsletter graefcrystal. com. (Bloomberg -- US)

    Letter: Clarification on teacher salaries  Nov 21, 2008
    As president of the North Andover Teachers Association this year and a teacher for the last 10 years, five of them in North Andover, I have been very involved in the area of teacher compensation, and there is a particular context in which to place it. Teachers are paid based on their experience and their educational attainment. (North Andover Citizen, MA)

    Jackson Browne's Attorney Lawrence Iser Responds to Senator McCain's Comments  Nov 21, 2008
    LOS ANGELES, Nov. 20 /PRNewswire/ -- "This case has nothing to do with selling records. Jackson Browne sued Senator McCain and his party because they failed to obtain permission to use Jackson's famous song and voice in their commercial. Copyrights for songs, like books and movies, are expressly protected by the United States Constitution. In their response to the Complaint, Senator McCain and his party contend that it is 'fair' for a candidate to incorporate the artistry of musicians, actors... (Yahoo! Wire -- Entertainment News)

    Hurray! Reports Third Quarter 2008 Unaudited Financial Results  Nov 21, 2008
    42 * A non-GAAP measure, which is defined as income from continuing operations before interest, tax, depreciation, amortization, impairment for goodwill and investment in music equity affiliate, write- down of intangible assets, stock-based compensation, gains on reduction of acquisition payable, reversal of Unicom liability and foreign exchange loss ... For the three For the nine months months ended ended Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2008 2007 2008 2007 (in thousands of (in thousands... (Yahoo! Wire -- Entertainment News)

    Town approves Rosenwald school demolition  Nov 21, 2008
    Council approved to maintain the 200 Christmas bonus for employees due to good attendance and lack of worker's compensation. Interim town manager Mike Crews provided updates on the sanitation truck the town is looking into purchasing and provided samples from. (Brookneal Union Star, VA)

    School board delays tax levy  Nov 20, 2008
    In another vote, the board renewed its workers compensation insurance with Indiana Insurance Co. at an increased cost of about 22,000 over last year. Contact Dave Fopay at or 348-5733. (Mattoon Journal-Gazette, IL)

    The taxpayer watchblog  Nov 20, 2008
    Saturday, August 2, 2008 12:10 PM EDT. Mark Kukiela is an employee of The Citizen and a Cayuga County resident that would like to see government spending brought in line with what is affordable. (Auburn Citizen, NY)

    Net firm Akamai to cut 110 employees in restructuring  Nov 20, 2008
    That charge will be partly offset by a $800,000 reduction in stock-based compensation, reflecting a modification to the incentives of certain employees, it said. Spokesman Jeff W. Young said Akamai will continue to selectively hire some employees for critical jobs in Cambridge and elsewhere even as it scales back in other areas. (Boston Globe)

    VeriFone Comments on Expected Fourth Quarter and Fiscal 2008 Results  Nov 20, 2008
    In addition, these non-GAAP financial measures do not reflect all amounts and costs, such as employee stock-based compensation costs, cash that may be expended for future capital expenditures or contractual commitments, working capital needs, cash used to service interest or principal payments on VeriFone's debt, income taxes and the related cash requirements, and restructuring charges, associated with VeriFone's results of operations as determined in accordance with GAAP.. About VeriFone... (PR Newswire)

    The Beard Company Announces Operating Results for Third Quarter and First Nine Months of 2008  Nov 20, 2008
    Diluted earnings (loss) per common share reflect the potential dilution that could occur if our outstanding stock options and warrants were exercised (calculated using the treasury stock method) and if our preferred stock, convertible notes and deferred stock compensation units were converted to common stock. Diluted loss per share from continuing operations exclude potential common shares issuable upon conversion of preferred stock, convertible notes, termination of our deferred stock... (PR Newswire)

    Cyberonics Reports Strong Sales Growth and Profitability in Fiscal 2009 Second Quarter  Nov 20, 2008
    6 million for stock-based compensation, materially unchanged from the comparable period of fiscal 2008. For the six-month period ended October 24, 2008, operating expenses totaled $52. (PR Newswire)

    Aerospace and Defense Industry Recognizes Dresser-Rand's Ken Marcia for Leadership Excellence  Nov 20, 2008
    Forward-looking statements include, without limitation, the Company's plans, objectives, goals, strategies, future events, future revenue, or performance, capital expenditures, financing needs, plans, or intentions relating to acquisitions, business trends, executive compensation, and other information that is not historical information. The words "anticipates", "believes", "expects," "intends", and similar expressions identify such forward-looking statements. (PR Newswire)

    Changing Louisiana's Constitution  Nov 20, 2008
    Employers are required to allow service members to return to their positions with full benefits and compensation as they would have accrued if the service member had not been deployed. However, the Department of Defense prohibits service members called to active duty (for more than 270 days) from exercising duties of elected state office. (New Iberia, LA)

    DLA Piper makes seismic shift in partner structure  Nov 20, 2008
    Legal industry recruiter John Cashman of Major Lindsey a LLC says DLAs move is unprecedented and likely to turn up the heat on attorneys to bring in clients a crucial factor in partner compensation ... We think having everybody in a single system with a single compensation process and everyone having some skin in the game is a good thing and will help unify the partnership around a strategy. (Crain's Chicago Business)

    Central City Fire Department demands more money from Shade Township  Nov 20, 2008
    The meeting, set for 7 p.m. in the Shade high school cafeteria, will allow the public to ask questions about the impasse (Somerset Daily American, PA)

    SEC Approves New Disclosures for Mutual Fund Investors  Nov 20, 2008
    The summary will also include brief information regarding investment advisers and portfolio managers, purchase and sale procedures, tax consequences, and financial intermediary compensation. Funds will be required to provide the summary information in plain English and in a standardized order. (Fox News)

    Is Rule 240 legit? Do cruises make you fat?  Nov 20, 2008
    It's one of the greatest urban travel myths: mention rule 240 and you will get immediate compensation if your flight is delayed or canceled ... Read your airline's conditions of carriage to see whether or not you will receive compensation if your flight arrives late or is canceled. (MSNBC -- Politics)

    Group suing Chippewa Falls to stop sand plant  Nov 20, 2008
    watchdog wrote on Nov 18, 2008 1:45 PM:" "Concerned Chippewa Citizens" are courageous and they deserve our support. They are taking a stand to protect the health and welfare of those who reside in Chippewa. I strongly support their action. Those who support locating the plant in the City of Chippewa Falls...WAKE UP!! You're putting your neighbors at-risk. I know for a fact there is no compensation for those who are injured by industry. Money cannot restore your health!! Stop worrying about the... (Chippewa Falls Chippewa Herald, WI)

    Beyond the courtroom  Nov 20, 2008
    Blair said that if there is any compensation for the long hours and hard-fought court battles, it is that he fights for the victims of those he prosecutes. Ive always considered what I was doing to be the right thing, Blair said. (Lake City Reporter, FL)

    Wrighton: Endowment down 25%; wage cuts, construction delays imminent  Nov 20, 2008
    We will constrain the growth of administrative expenses, compensation expenses, and commitments to new building projects ... In 2006, Wrighton received $490,500 in direct compensation, in addition to contributions to his benefit plan and an expense account, according to the latest available copy of the University s public tax return ... Despite salary cuts across the University, the chancellor did not call for a hiring freeze or a total freeze on faculty compensation, citing the need to attract... (Washington University Student Life, MO)

    ESCONDIDO: City moving forward with deep budget cuts  Nov 20, 2008
    But some other significant compensation reductions would apply to all 818 full-time city employees. They include wiping out city contributions to employee 401k retirement plans and eliminating "step" increases that employees receive for longevity with the city. (North County Times)

    Staff shortages force Chenoa to outsource ambulance services  Nov 20, 2008
    fyrfytr72 wrote on Nov 19, 2008 1:51 PM:" It's very sad to see what is becoming of the volunteer departments. But what really disturbs me is the comment that Jim Hargitt made about the response time-"I don't know that they'll see a big difference". That commment sounds like it was made without the best of the residents of Chenoa in mind. It sounds as though nothing as being done to improve this issue. It does not sound like Selcas is providing a full time service, it sounds like a mutual aid... (The Pantagraph newspaper)

    Microsoft, Novell eye Moonlight beta, system management  Nov 20, 2008
    receives no compensation from any manufacturer or distributor nor does it compensate any Advisor for the coverage of any product or service in any Advisor's content. (Yahoo News -- Technology)

    Crow remarks prompt lawsuit(with COPY OF LAWSUIT)  Nov 20, 2008
    Charles Shepherd filed suit against Crow in Jackson County Superior at the end of October asking that a judge award him $10,000 in damages and compensation for any business that he has lost because of Crow's comments. Shepherd also asked for damages from land owner and exotic animal farmer Gene Gilbert and another defendant identified only as John Doe. (Athens Banner-Herald)

    Grading the Throne Speech  Nov 20, 2008
    I'm not thrilled with this line: "Our Government is also committed to responsible fiscal management of public sector compensation, and will table legislation to ensure sustainable compensation growth in the federal Public Service.". Opening up collective agreements through legislation is a page taken from the Mike Harris playbook. (Globe and Mail -- National)

    More Families Seek Holiday Help  Nov 20, 2008
    R News: As It Happens, Where It Happens. Thursday November 20, 2008. (R News)

    Flashback: Position of Ghana on the Arrangements with Valco  Nov 20, 2008
    There has never been any intention to expropriate or nationalise Valco's operations, even though the Master Agreement gave Ghana the legal option of taking over Valco's facilities with compensation after the initial 30-year period of the Agreement. 6. (Ghana Web, Ghana)

    Top Wall Street traders still expect the cash  Nov 20, 2008
    That is dragging down potential compensation for even the best performers ... 5 billion to $3 billion in net revenue, before compensation costs and taxes, several people familiar with its results say. (AZCentral -- Business)

    A ray of hope in land battles (Nov. 16)  Nov 20, 2008
    (The contracts were that the owners were giving up compensation in return for the county s promise to waive certain regulations. . (Corvallis Gazette Times, OR)

    READ THE PRESS RELEASE: consumer price index summary  Nov 20, 2008
    Many collective bargaining contract agreements and pension plans, for example, tie compensation changes to the Consumer Price Index before adjustment for seasonal variation. Seasonal factors used in computing the seasonally adjusted indexes are derived by the X-12-ARIMA Seasonal Adjustment Method. (USA Today -- Money)

    County taxes see less than 2 percent increase  Nov 20, 2008
    Non-union compensation. Before voting on the annual budget, the board approved several resolutions offered by its committee on administration, including one that called for a 2. (Menomonie Dunn County News, WI)

    School Specialty Reports Fiscal 2009 Second Quarter and Year-to-Date Results  Nov 20, 2008
    Higher transportation and other operating costs have been offset by decreased variable compensation costs related to performance-based compensation plans ... Higher transportation costs in fiscal 2009 have been offset by reductions in variable selling costs associated with state adoption revenue, as well as reduced performance-based variable compensation costs ... 60 ======== ======== ======== ======== SCHOOL SPECIALTY, INC. CONSOLIDATED CONDENSED BALANCE SHEETS (In Thousands) October 25, April... (Primezone Releases)

    Aries Maritime Transport Limited Announces Third Quarter 2008 Financial Results  Nov 20, 2008
    50 9/09 Ocean Hope 1,799 TEU 1989 China Through $13,300 Shipping 6/09 Container Lines Summary of Selected Data Three Months Ended Three Months Ended September 30, 2008 September 30, 2007 ADJUSTED EBITDA RECONCILIATION (From Continuing Operations) (1) ------------------- (All amounts in US$000's unless otherwise stated) NET LOSS (4,736) (5,143) PLUS : NET INTEREST EXPENSE 3,705 4,382 PLUS : DEPRECIATION AND AMORTIZATION 1,949 5,106 PLUS: CHANGE IN FAIR VALUE OF DERIVATIVES 793 3,336 PLUS: STOCK... (Primezone Releases)

    Telvent Announces Third Quarter 2008 Financial Results  Nov 20, 2008
    Pro forma net income excludes the amortization of intangible assets from the purchase price allocations in our acquisitions, stock compensation plan expenses and mark-to-market hedging, that Telvent believes are not indicative of its core performance or results ... 61 ========== ========== Weighted average number of shares outstanding Basic and diluted 29,247,100 29,247,100 ========== ========== Adjustments to reconcile GAAP with Pro forma: (1) Joint ventures (2) Stock/Variable compensation plan... (Primezone Releases)

    Business Owner Upset With JEA Over Sewer Line  Nov 20, 2008
    Small confirmed that he wants compensation, but said he has not told JEA how much. He said he thinks he deserves the money because of all the problems for his business. (News4Jax.com, FL)

    Planar Reports Fourth Quarter and Fiscal 2008 Financial Results  Nov 20, 2008
    In addition to disclosing financial results calculated in accordance with U.S. generally accepted accounting principles (GAAP), the Company's earnings release contains Non-GAAP financial measures that exclude the income statement effects of the acquisitions of Clarity Visual Systems and Runco International, share-based compensation and the requirements of SFAS No. 123R, "Share-based Payment" ("123R") ... The earnings release also contains a calculation of Non-GAAP earnings before interest,... (Yahoo! Wire -- Entertainment News)

    Town approves Rosenwald school demolition  Nov 20, 2008
    Council approved to maintain the 200 Christmas bonus for employees due to good attendance and lack of worker's compensation. Interim town manager Mike Crews provided updates on the sanitation truck the town is looking into purchasing and provided samples from. (Brookneal Union Star, VA)

    Intuit Q1 loss more than doubles to $52M  Nov 20, 2008
    Excluding stock-based compensation expenses and other items, the company's quarterly loss was 9 cents a share. The MountainView tax-preparation and accounting software maker (NASDAQ: INTU) also issued fiscal second-quarter guidance that is below analysts' estimates and lowered its fiscal 2009 earnings guidance as well. (San Jose Business Journal, CA)

    Get a personal accident insurance  Nov 20, 2008
    It also provides for compensation in case of permanent and total loss of limbs, sight, due to an accident. Some insurers also cover the insured in case of death or permanent disability due to acts of terrorism. (India Times, India)

    The taxpayer watchblog  Nov 19, 2008
    Saturday, August 2, 2008 12:10 PM EDT. Mark Kukiela is an employee of The Citizen and a Cayuga County resident that would like to see government spending brought in line with what is affordable. (Auburn Citizen, NY)

    MIT looks to slice $50m from budget  Nov 19, 2008
    Then last week Harvard announced possible cuts to programs and compensation. Now MIT plans to cut $50 million and delay renovations to an undergraduate dorm. (Boston Globe)

    Mitchell International Enables eBill Connectivity Through Vast Provider Network  Nov 19, 2008
    Decision Point(R) and SmartAdvisor(TM) Leverage E-Bill Connectivity for Auto and Workers' Compensation Payers to Access up to 80% of U.S. Healthcare Providers ... Mitchell's new provider connectivity via the Jopari / Emdeon relationship enables Mitchell customers' access to the single largest provider eBill connectivity network available in the auto medical and workers compensation market, which is comprised of hundreds of thousands of providers and hundreds of channel partners ... Stated J.R.... (PR Newswire)

    Sapiens Announces Q3 2008 Results With Net Income for the First Time After Several Years of Net Losses  Nov 19, 2008
    U.S. GAAP results include amortization of capitalized software developments, capitalization of software development costs, and stock-based compensation expenses ... SAPIENS INTERNATIONAL CORPORATION N.V. Reconciliation of GAAP to Non-GAAP results (U.S. Dollars in thousands, except per share amounts) For the three months ended For the nine months ended 09/30/2008 09/30/2007 09/30/2008 09/30/2007 (Unaudited) (Unaudited) (Unaudited) (Unaudited) GAAP operating profit 709 185 1,711 496 Amortization... (PR Newswire)

    Trintech Reports Third Quarter Fiscal Year 2009 Financial Results  Nov 19, 2008
    23) TRINTECH GROUP PLC RECONCILIATION OF NET LOSS TO ADJUSTED EBITDA NET INCOME (LOSS) (U.S. dollars in thousands) Three months Nine months ended October 31 ended October 31 2008 2007 2008 2007 Net loss from continuing operations $(365) $(1,155) $(1,818) $(3,583) Adjustments: Depreciation 183 171 575 472 Amortization of purchased intangible assets 642 549 1,894 1,647 Share-based compensation 205 282 744 816 Restructuring charge 100 - 154 - Interest income, net (73) (264) (265) (845) Income taxes... (PR Newswire)

    Changing Louisiana's Constitution  Nov 19, 2008
    Employers are required to allow service members to return to their positions with full benefits and compensation as they would have accrued if the service member had not been deployed. However, the Department of Defense prohibits service members called to active duty (for more than 270 days) from exercising duties of elected state office. (New Iberia, LA)

    Bankers' greed and supervisors' folly  Nov 19, 2008
    They did not face up to the fact that they had collected big fees and high rates in the past as compensation for risk. They wanted more fees and the same returns as before. (Asia Times Online)

    Tex. gives big bucks back to retailers  Nov 19, 2008
    Twenty-six states engage in this type of retailer compensation, which is calculated as a percentage of sales tax collected. Texas came second after Illinois, which allocates $126 million of sales tax revenue. (Austin Business Journal, TX)

    METRO increased net earnings 25.5% in the fourth quarter of fiscal 2008  Nov 19, 2008
    The compensation expense for these stock options amounted to $0 ... A compensation expense of $1. (Canada Newswire)

    Group suing Chippewa Falls to stop sand plant  Nov 19, 2008
    watchdog wrote on Nov 18, 2008 1:45 PM:" "Concerned Chippewa Citizens" are courageous and they deserve our support. They are taking a stand to protect the health and welfare of those who reside in Chippewa. I strongly support their action. Those who support locating the plant in the City of Chippewa Falls...WAKE UP!! You're putting your neighbors at-risk. I know for a fact there is no compensation for those who are injured by industry. Money cannot restore your health!! Stop worrying about the... (Chippewa Falls Chippewa Herald, WI)

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