Frozen Food Express Industries, Inc. Announces Third Quarter 2009 Results Nov 6, 2009
Accrued payroll and deferred compensation. 5,367. (Primezone Releases)
Group Divided on Worker's Comp Privatization Nov 6, 2009
Task force divided on how to privatize Oklahoma's workers compensation insurer ... A legislative task force recommended Thursday that Oklahoma's workers' compensation agency be privatized, but it was divided on how to achieve that ... Officials familiar with Oklahoma's worker's compensation system have told task force members that the state Supreme Court has never clarified whether the assets of CompSource created by the Legislature in 1933 as the State Insurance Fund are owned by the state or... (ABC News -- Wire)
ResCare Reports Third Quarter 2009 Results Nov 6, 2009
Share-based compensation ... Excess tax benefits from share-based compensation ... Excess tax benefits from share-based compensation. (Primezone Releases)
Unemployment Bill, With Extras, Passes Senate Nov 6, 2009
After weeks of political wrangling, the Senate finally put the Unemployment Compensation Act of 2009 to bed. It passed the Senate unanimously on the evening of Nov. 4 after an earlier vote to invoke cloture passed 97-1. (BusinessWeek)
Tierney hails final passage of unemployment-benefit extension Nov 6, 2009
hailed final passage of the Unemployment Compensation Extension Act of 2009 (H.R. 3548) Thursday, which extends unemployment benefits for millions of out of work Americans, including 40,000 Massachusetts residents whose benefits are set to expire prior to the end of the year ... The legislation would provide up to an additional 14 weeks of unemployment compensation for jobless workers who have exhausted regular state benefits and will extend benefits an additional six weeks for workers in high... (Marblehead Reporter, MA)
Salaries to Remain the Same for Elected Officials Nov 6, 2009
Citing a sluggish economy which has resulted in declining sales tax revenue, commission members said they were concerned about public perception of increasing compensation at a time when many businesses and government entities were cutting back ... However, commission members haven't ruled out receiving some additional compensation. (Missourian Publishing, MO)
Referendums 2009: Gains for Government Spending, Gambling Nov 6, 2009
Ohio (AA+; negative) Voters approved Issue 1, which authorizes the state to issue up to $200 million of bonds to provide compensation for residents (including certain surviving family members) who served in the armed forces during conflicts in the Persian Gulf, Afghanistan, and Iraq. Voters also approved Issue 3, which authorizes a casino to be built within each of the cities of Cincinnati, Cleveland, Columbus, and Toledo as long as the initial investment exceeds $250 million at each site. (BusinessWeek)
Family Of Woman Mauled By Chimp Seeks To Sue State For $150 Million Nov 6, 2009
Herold's attorney has called the attack work-related and said her family's case should be treated like a workers' compensation claim. The strategy, if successful, would limit potential damages in the case and insulate the chimp owner from personal liability. (FOX61, CT)
Should tri-town elementary schools regionalize? Nov 6, 2009
Unemployment compensation. Annual reports completed for each town. (Boxford Tri Town Transcript, MA)
Firm Capital Mortgage Investment Trust Announces Strong Third Quarter Results Nov 6, 2009
(e) Unit-based compensation. The Trust has unit-based compensation plans (i ... The Trust accounts for its unit-based compensation using the fair value method, under which compensation expense is measured at the grant date and recognized over the vesting period. (CCNMatthews Press Releases)
Wall St. Bonuses Up 40 Percent in '09 Nov 6, 2009
Wall Street cash bonuses are set to increase by about 40 percent this year, the Wall Street Journal said citing a report by compensation consulting firm Johnson Associates ... (Reuters) - Wall Street cash bonuses are set to increase by about 40 percent this year, the Wall Street Journal said citing a report by compensation consulting firm Johnson Associates ... Bonuses typically comprise the bulk of annual compensation for the highest-paid Wall Street employees. (ABC News -- Business)
Breakwater Resources Ltd.'s Third Quarter 2009 Financial and Operating Results Nov 6, 2009
Other Total Shareholders' Contri- compre- share- Equity Capital buted Retained hensive holders' ($000's) stock Warrants surplus earnings income equity ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- As at December 31, 2008 212,374 8,538 4,925 80,568 3,257 309,662 Common Shares issued to a third party 12 - - - - 12 Unit offering 16,865 4,519 - - - 21,384 Value ascribed to options exercised... (CCNMatthews Press Releases)
Council adopts $6.4M budget Nov 6, 2009
The general A fund features expenditures which include town board and employee salaries, equipment costs, youth programs, the town s ambulance service, street lighting, highway superintendent salary, cemetery caretakers, retirement, social security, health insurance and worker s compensation ... The highway outside village fund features expenditures which include snow removal, machine and equipment operation, general repairs, brush and weed cleanup, hospitalization, retirement, social security,... (Catskill Daily Mail, NY)
Meet the GOP's wrecking crew Nov 6, 2009
Overall, "unit labor costs in nonfarm businesses fell 5.2 percent." The BLS defines that last stat by saying "the increase in productivity outpaced the increase in hourly compensation." What that seems to mean in plain English is that those of us who have jobs are working harder for less pay. Or maybe we're just taking better advantage of the technology that we have available to us. (Salon)
US job growth hopes rise Nov 6, 2009
Compensation per hour jumped at a 3. 8 per cent pace, but after adjustment for inflation it was up only 0. (Sydney Morning Herald -- Business)
Denver real estate exec Sperling heading to Jones Lang LaSalle Nov 6, 2009
At Jones Lang, Sperling s responsibilities will include overseeing execution of the company s Americas regional plan, helping to develop and implement major operating policies, and steer planning and compensation for the region. Sperling has 27 years of experience in commercial real estate. (Denver Business Journal, CO)
Retirees investing way out of their depth Nov 6, 2009
" Retirees in their 60s wanting to earn an income from their life savings say they were promised returns of 20 to 25 per cent on every $100,000 they invested with the firm for conservative options trading. And so people like Mike Rowston, Ann Tyson, John and Yvonne Schweicker, and Ken and Noelene Winton opened accounts. The relationship started well, they say. The broker traded options on a few blue-chip stocks conservatively, made some good money for them and everyone was happy. ''The market... (Sydney Morning Herald -- Business)
Obama's Achievements Nov 6, 2009
That flies in the face of Capitalism and free markets, but who can honestly believe that these men are worth 150 million dollar compensation packages. Wall Street executives and bank leaders contributed to an instable financial housing market bubble, aided by an insane belief that everyone should own a home. (New Iberia, LA)
How to Protect Valuables in a Nursi... Nov 6, 2009
Residents may request that the facility take responsibility for replacing the item or appropriate compensation. Many facilities have insurance that covers theft. (Suite101.com)
How to Raise Funds Through Angel In... Nov 6, 2009
An explanation of Worker's Compensation, Property Insurance, Casualty Insurance etc. Finding specific packages that simplify the budgeting and planning process. (Suite101.com)
Bonuses could rise 40% on Wall Street Nov 6, 2009
But pay is still likely to fall below that seen in 2007 when the stock market and bonuses peaked, the compensation consulting firm said ... With that money came restrictions on executive compensation ... 71 billion, or about 47 percent of net revenue, through the first nine months of the year for compensation, which includes salaries, bonuses, and associated costs such as benefits and payroll taxes. (Boston Globe)
Settle IRS Debts Nov 6, 2009
The information supplied by the IRS files will usually include home mortgage interest, real estate taxes, interest income, tuition payments, student loan interest paid, unemployment compensation amounts, and W-2 sources and totals. Add to this information, the spouse s income (if any), the taxpayer s correct filing status, correct numbers, names and social security numbers of its spouse and dependents (if either existed for that tax year), verifiable charitable contributions and other deductible... (Suite101.com)
House GOP health care reform plan Nov 6, 2009
If you have ever had to deal with the V.A. or Worker s Compensation issues you DO NOT want the government involved ... The Democratic plan saves money by playing around with pricing (and ignoring their parallel compensation boost), not through actual savings, and even those savings expire in the second decade. (Atlanta Journal-Constitution -- Opinion)
Hawaii took too long to award leases to Native Hawaiians, court rules Nov 6, 2009
In the 1990s, lands were restored to the trust and a $600 million was given to the trust as compensation for lands taken away for general use. From 1959 to 1988, DHHL built an average of 71 homesteads a year. (Honolulu Advertiser)
Ready to hire? Consider your options Nov 6, 2009
With an employee who's on the payroll, for example, an owner is responsible for salary, employment taxes and insurance that is required by law, such as workers compensation ... There are many federal and state labor laws to be aware of, and expenses like employment taxes Social Security and Medicare and workers compensation insurance to be paid. (MSNBC -- Business)
Pizza Inn, Inc. Reports Results for First Quarter Fiscal Year 2010 Nov 6, 2009
01 par value; authorized 26,000,000 shares; issued 15,130,319 and 15,130,319 shares, respectively; outstanding 8,010,919 and 8,010,919 shares, respectively 151 151 Additional paid-in capital 8,778 8,741 Retained earnings 19,162 18,796 Treasury stock at cost Shares in treasury: 7,119,400 and 7,119,400, respectively (24,636) (24,636) -------- -------- Total shareholders' equity 3,455 3,052 -------- -------- $ 7,709 $ 7,062 ======== ======== PIZZA INN, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH... (Primezone Releases)
County officials release proposed budget Nov 6, 2009
The county administrator explained that these difficulties were countered in several ways to maintain the zero tax increase streak, including no unfunded non-mandated new positions being allowed; the sales tax is projected to remain stable; worker s compensation is projected to remain stable in 2010; and a financial plan for the approximately $22 million new emergency communications system was developed that avoids a debt payment in 2010. Church did express some concerns regarding the 2011 and... (Oswego Palladium-Times, NY)
CBS Corporation Reports Third Quarter 2009 Results Nov 6, 2009
4) Stock-based compensation 108 ... 2 Excess tax benefit from stock-based compensation 1 ... The Company uses OIBDA, among other things, to evaluate the Company's operating performance, to value prospective acquisitions and as one of several components of incentive compensation targets for certain management personnel, and this measure is among the primary measures used by management for planning and forecasting of future periods. (Yahoo! Wire -- Entertainment News)
Activision Blizzard Announces Better-Than-Expected Third Quarter CY 2009 Financial Results Nov 6, 2009
ACTIVISION BLIZZARD, INC. AND SUBSIDIARIES RECONCILIATION OF GAAP NET INCOME TO NON-GAAP NET INCOME (Amounts in millions, except earnings (loss) per share data) Cost of Sales - Cost of Software Sales - Cost of Royalties Intell- Sales - and ectual Cost of Three Months ended Net Product Amorti- Property Sales - September 30, 2009 Revenues costs zation licenses MMORPG -------- ------- ------- ------- ----- GAAP Measurement $703 $185 $54 $45 $55 Less: Net effect from deferral in net revenues and... (Yahoo! Wire -- Entertainment News)
Legacy Reserves LP Announces Third Quarter 2009 Results Nov 5, 2009
5 million of non-cash compensation expense related to Legacy's incentive plan due to increases in unit price, compared to $0 ... -- Interest expense; -- Income taxes; -- Depletion, depreciation, amortization and accretion; -- Impairment of long-lived assets; -- (Gain) loss on sale of partnership investment; -- (Gain) loss on disposal of assets; -- Unit-based compensation expense arising from liability and equity-based awards; -- Equity in (income) loss of partnerships; and -- Unrealized (gain)... (Primezone Releases)
Furniture Brands International Reports Third Quarter 2009 Financial Results Nov 5, 2009
FURNITURE BRANDS INTERNATIONAL, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (in thousands) (unaudited) Nine Months Ended --------------------- Sept. 30, Sept. 30, 2009 2008 --------- ---------- Cash flows from operating activities: Net loss $(43,705) $ (32,049) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation 15,455 18,784 Compensation expense (credit) related to stock option grants and restricted stock awards (971) 3,146 Provision (benefit)... (Primezone Releases)
Orion Marine Group, Inc. Reports Third Quarter 2009 Results; Record Backlog Nov 5, 2009
In addition, EBITDA is used internally for incentive compensation purposes. The Company includes EBITDA and EBITDA margin to provide transparency to investors as they are commonly used by investors and others in assessing performance. (Primezone Releases)
Daylight Resources Trust Reports Third Quarter 2009 Financial and Operating Results- Significant Operational Results Validate Resource Play Strategy on Multiple Fronts Nov 5, 2009
---------------------------------------------------------------------------- (000s) Q3 Q2 Q3 YTD YTD 2009 2009 2008 2009 2008 ---------------------------------------------------------------------------- Gross G&A $ 7,637 $ 7,956 $ 8,845 $26,980 $23,867 Operating recoveries (738) (799) (1,846) (3,174) (5,591) Capitalized costs (1,965) (2,040) (2,457) (6,870) (5,880) ---------------------------------------------------------------------------- G&A - cash charge 4,934 5,117 4,542 16,936 12,396... (CCNMatthews Press Releases)
Delphi Reports Strong Third Quarter Financial and Operating Results Nov 5, 2009
Funds from operations is a non-GAAP measure and has been defined by the Company as net earnings plus the addback of non-cash items (depletion, depreciation and accretion, stock-based compensation, future income taxes and unrealized gain/(loss) on risk management activities) and excludes the change in non-cash working capital related to operating activities and expenditures on asset retirement obligations and reclamation ... STOCK-BASED COMPENSATION Three Months Ended Nine Months Ended September... (CCNMatthews Press Releases)
Caza Oil & Gas Announces Third Quarter Results Nov 5, 2009
Stock-based compensation expense in the amount of $114,229 is included in general and administrative expenses for the three-month period ended September 30, 2009 ($149,215 in 2008). During the three-month period ended September 30, 2009, Caza capitalized general and administrative expenses relating to exploration and development activities of $58,887, of which $39,422 related to capitalized stock-based compensation ... Three months ended Nine months ended September 30, September 30, 2009 2008... (CCNMatthews Press Releases)
County officials release proposed budget Nov 5, 2009
The county administrator explained that these difficulties were countered in several ways to maintain the zero tax increase streak, including no unfunded non-mandated new positions being allowed; the sales tax is projected to remain stable; worker s compensation is projected to remain stable in 2010; and a financial plan for the approximately $22 million new emergency communications system was developed that avoids a debt payment in 2010. Church did express some concerns regarding the 2011 and... (Oswego Palladium-Times, NY)
EDITORIAL: Open enrollment time reveals health-care flaws Nov 5, 2009
The senator, who announced the inquiry at Tuesday's hearing, also requested information on individual compensation that exceeds $5 million annually, according to a statement from his office. This is the time of the year when workers covered by employer-sponsored health insurance select their coverage and find out how much their premiums will increase. (Fresno Bee)
Experts: Lower Associate Pay Is Here to Stay Nov 5, 2009
Fifty-five percent of participants in an online seminar on associate compensation last week believe associate salary cuts are temporary ... Altman's James D. Cotterman, who advises firms on compensation, said associate pay did not drop enough in the , which included Atlanta's largest firms ... Cotterman and Woldow addressed the related shift away from lockstep compensation to performance-based schemes that many firms are putting into place for associates. (Law.com)
LA Church 'agrees abuse pay deal' Nov 5, 2009
More than 500 people allegedly abused by Los Angeles Catholic priests are to receive a record-breaking compensation pay-out, their main lawyer says. The deal, which a judge must approve, is reported to be worth $660m (324m). (Yahoo News -- Catholic Church Abuse Scandal)
THQ Reports Fiscal Second Quarter Results Nov 5, 2009
In addition, we have positioned THQ to take a leading role in emerging online platforms in Asia and the US."In July 2009, THQ prevailed in arbitration and in August 2009, THQ reached a settlement with JAKKS Pacific, which established a 40% lower preferred return payment rate owed to JAKKS Pacific for video games sold under the WWE license from July 1, 2006 through December 31, 2009. Pursuant to the terms of the settlement agreement, the company paid $32.8 million of accrued venture partner... (Yahoo! Wire -- Entertainment News)
UPC Holding B.V. Provides Selected Financial Information for the Period Ended September 30, 2009 Nov 5, 2009
Operating cash flow is also a key factor that is used by our internal decision makers to (i) determine how to allocate resources to segments and (ii) evaluate the effectiveness of our management for purposes of annual and other incentive compensation plans. As we use the term, operating cash flow is defined as revenue less operating and SGnses (excluding stock-based compensation, related-party fees and allocations, depreciation and amortization, and impairment, restructuring and other operating... (Yahoo! Wire -- Entertainment News)
Entravision Communications Corporation Reports Third Quarter 2009 Results Nov 5, 2009
4 million of non-cash stock-based compensation for the three-month periods ended September 30, 2009 and 2008, respectively and $1 ... 0 million of non-cash stock-based compensation for the nine-month periods ended September 30, 2009 and 2008, respectively ... 5 million of non-cash stock-based compensation for the three-month periods ended September 30, 2009 and 2008, respectively and $1. (Yahoo! Wire -- Entertainment News)
13 comments Nov 5, 2009
Since it will ultimately be the employee who pays the cost of the mandate, through reduced compensation or reduced employment, the government will be giving the worker a subsidy with one hand and taking it back with the other. Tax Dollars for Abortion. (Human Events Online)
Measure A business tax defeated in Palo Alto Nov 5, 2009
Palo Alto Online News. Uploaded: Wednesday, November 4, 2009, 1:57 AM. (Palo Alto Online, CA)
It's Klein, Price, Holman, Shepherd and Scharff Nov 5, 2009
She said she would like the city to create a joint committee of administration and labor leaders who could meet regularly to discuss compensation and other labor-related issues ... "Price, a former city planner in Sunnyvale, said she expects the contract dispute between city administration and the city's largest labor union to remain one of the most pressing issues of the coming year. She said she would like the city to create a joint committee of administration and labor leaders who could meet... (Palo Alto Online, CA)
Landowners request bonds as protection along pipeline route9:19 am | (No comments posted.) Nov 5, 2009
Rancher Robert Johnson of Buffalo agreed that land and compensation issues need to be addressed. Were hearing a lot of negative comments. (Watertown Public Opinion, SD)
Ford income nearly $1B; pact defeated Nov 5, 2009
Ford is looking for more concessions from the CAW including cuts in hourly compensation. That agreement, which guarantees that Ford will keep 10 percent of its total North American manufacturing in Canada, also would close Ford s assembly plant in St. Thomas, Ont. (Buffalo Business First, NY)
Ferrini right person to set tone for city Nov 5, 2009
It is not the right course to stretch the negotiations out further, but the goal remains: to deliver salary and compensation fair to employees and taxpayers. It is not the duty of the police and fire commissions to approve contracts. (Seacoast New Hampshire)
The Churchill Corporation Reports Third Quarter Financial Results Nov 5, 2009
(TSX: CUQ) Third Quarter 2009 & YTD Financial Results ------------------------------------------ - Third quarter 2009 net earnings including the earnings from discontinued operations were $15. 86 per share) compared to $11. (Canada Newswire)
Firms accept Ecuador plan to break pharma patents Nov 5, 2009
Last Friday the South American nation's socialist government led by President Rafael Correa decided to break 2,214 patents, issue "compulsory licenses" to local laboratories and pay foreign labs compensation of up to 10 percent of net sales of the drugs ... Ecuadoran authorities, who have not indicated exactly how much compensation would be disbursed, said the de facto monopoly enjoyed by some brands led to inflated drug prices. (Yahoo News -- Pharmaceutical Industry News)
Cornerstone swings to 3Q loss Nov 5, 2009
1 million in acquisition-related expenses related to stock-based compensation changes and the amortization of product rights. Factoring out those expenses, Cornerstone saw its net income shrink from $3. (Raleigh Triangle Business Journal, NC)
County receives state payment for detour use Nov 5, 2009
Veteran Affair Administrator Sue Rich indicated that assistance had been provided to 14 county veterans in filing federal claims for pensions and compensation during the most recent quarter. The County Recorder's report indicated receipts of $5,220 which was slightly above the past quarter receipts. (Kalona News, IA)
More of this story Nov 5, 2009
"We're still crunching numbers," replied Glacier County Commission Chair Michael DesRosier, when asked if the commissioners had approved the County Compensation Board's June 25 recommendation of 3 ... 8 percent raise recommended by the County Compensation Board last June. (Cut Bank Pioneer Press - Golden Triangle, MT)
Business people Nov 5, 2009
By submitting an item, a person represents that he or she is authorized to submit that material to the Daily News, and that the newspaper may use it in any format for any purpose without compensation to the owner. ADVERTISEMENT. (Anchorage Daily News)
State needs to become more business-friendly Nov 5, 2009
A burdensome business tax, costly unemployment compensation and workers comp systems and all manner of regulations threaten to overwhelm Washington s now struggling businesses, large and small. State officials ought to be particularly receptive to this month s call for reforms. (Longview Daily News, WA)
Law Offices of Rheuban & Gresen: Controversial Los Angeles Clergyman Accused With Inflicting Years of Sexual Abuse and Harassment on Female Employee Nov 5, 2009
"Years of intense sexual pressure, abuse and harassment have extracted a heavy toll on Reverend Lamothe. She has endured extreme mental anguish and emotional distress as a result of her treatment by Hunter, and has been effectively banished from a church she has worked for since 1997. Her wrongful and illegal termination has also caused her to suffer a loss of earnings and other employment benefits and job opportunities, as well as a profound spiritual loss resulting from the termination of her... (Primezone Releases)
CDC receives loan to clean Building 20 Nov 4, 2009
Whether CDC receives compensation from Giant Snacks or not, Bailey assured the council they have the capability of paying the loan back within two years. Copyright. (Wahpeton Daily News, ND)
LA Church 'agrees abuse pay deal' Nov 4, 2009
More than 500 people allegedly abused by Los Angeles Catholic priests are to receive a record-breaking compensation pay-out, their main lawyer says. The deal, which a judge must approve, is reported to be worth $660m (324m). (Yahoo News -- Catholic Church Abuse Scandal)
The Top Ten Reasons the Baucus Healthcare Plan is Bad for America Nov 4, 2009
Since it will ultimately be the employee who pays the cost of the mandate, through reduced compensation or reduced employment, the government will be giving the worker a subsidy with one hand and taking it back with the other. Tax Dollars for Abortion. (Human Events Online)
I'll Pass on 'Opting Out' Nov 4, 2009
Employers couldn't bid for employees with higher wages, so they bid for them by adding health insurance to the overall compensation package. Although employees were paying for their own health insurance in lower wages and salaries, their health insurance premiums never passed through their bank accounts, so it seemed like employer-provided health insurance was free. (Human Events Online)
A partial solution to our state's problem Nov 4, 2009
Our tax system, our regulations, the high cost of workmen's compensation and the disdain of our elected representatives have been pushing jobs and companies out of existence or to friendlier places. The present international and national economic disasters have only compounded the problem. (Lodi News Sentinel, CA)
MPs balk at idea of cutting spending Nov 4, 2009
Greater efficiency and effectiveness in public expenditure was non-negotiable, he said, with "compensation for employees" now constituting 57 percent of payments. The problem with higher debt levels, he explained, was there was a higher interest bill to pay. (Business Report, South Africa)
Climate Change And Copenhagen Nov 4, 2009
Taxpayers Attack Bailout No bailout without compensation: Americans voice anger over Wall Street's bailout ... CEO Compensation: The Challenges Deloitte's Sharon Allen on the government bailout and the changing face of corporate America. (Forbes -- Business)
Class-action suit targets WaMu securities Nov 4, 2009
The lawsuit demands a jury trial and also an undisclosed amount of compensation for members of the class. Puget Sound Business Journal (Seattle). (San Jose Business Journal, CA)
NetLogic swings to $3.9M Q3 loss Nov 4, 2009
The loss included stock-based compensation expense, the amortization of intangible assets, fair value inventory adjustments, acquisition-related costs, and interest income on a $15 million bridge loan to. Excluding items, the company's income would have been $11 million, or 45 cents a share, compared with 42 cents per diluted share in the year-ago quarter. (San Jose Business Journal, CA)
