IMAX Corporation Executives Adopt 10b5-1 Trading Plans Nov 17, 2009
Gelfond and Wechsler have put in place a plan to exercise approximately half of their stock appreciation rights at predetermined times and amounts over the duration of their 10b5-1 plans, which is designed to reduce the impact of these awards on the Company's financial results. Transactions under both plans will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission. (Primezone Releases)
Conditons point to another lost decade Oct 18, 2009
"The reality is, all long-term markets in the last century, with one exception, were either bull or range-bound," said Katsenelson, who calls the up-a-little-down-a-little markets "Cowardly Lion" markets -- where occasional bursts of bravery lead to stock appreciation, but ultimately are overrun by fear ... " According to Vitaliy Katsenelson, the Dow Jones industrial average will trade in a tight range which he dubs Cowardly Lion trading for possibly nine more years if the market follows the... (New York Post -- Business)
Staley Named Top JPMorgan Investment Banker as Winter Exits, Profit Soars Sep 30, 2009
Black and Winters agreed to forgo cash and stock bonuses for 2008 and were each awarded 700,000 so-called stock appreciation rights, while Staley received 500,000. Dimon is revamping the only team among the six biggest U.S. banks that weathered the credit crisis without a quarterly loss. (Bloomberg -- US)
Times' trouble with pay Sep 22, 2009
The 000005F8 company replaced the excess options with so-called stock appreciation rights, which will vest on the same schedule and have the same exercise prices ... The company replaced the excess options with so-called stock appreciation rights, which will vest on the same schedule and have the same exercise prices. (New York Post -- Business)
YOU KIDDIN' ME? Aug 17, 2009
Well, a significant portion of stock appreciation going into 2008 was driven by deep cyclical companies that make "stuff," i.e. energy, materials and industrial companies like Caterpillar, ExxonMobil and Arcelor Mittal. In the beginning it was the US economy coming out of the recession that lifted those stocks -- however, in the later stages of the rally the incremental demand was driven by Chinese growth. (New York Post -- Business)
Lionsgate Reports Net Income of $36.3 Million and Adjusted EBITDA of $53.0 Million for First Quarter of Fiscal 2010 Aug 11, 2009
Adjustments in the quarter were made for non-cash stock options, stock appreciation rights (SARs) and restricted stock units, certain non-recurring charges and the deduction of Lionsgate's partners' share of EBITDA attributed to TV Guide ... Stock based compensation represents compensation expenses associated with stock options, restricted share units and stock appreciation rights. (Yahoo! Wire -- Entertainment News)
Ralcorp Holdings Announces Results for the Third Quarter of Fiscal 2009 Aug 7, 2009
81 Weighted Average Shares for Basic Earnings per Share 56,140 25,498 56,099 25,478 Dilutive effect of: Stock options 406 561 455 560 Stock appreciation rights 136 104 141 81 Restricted stock awards 262 104 225 93 --- --- --- -- Weighted Average Shares for Diluted Earnings per Share 56,944 26,267 56,920 26,212. SOURCE Ralcorp Holdings, Inc.. (PR Newswire)
Cabot Oil & Gas Announces Second Quarter Results Jul 24, 2009
03 Weighted Average Common Shares Outstanding 103,640 98,467 103,581 98,092 (1) Includes the impact of the Company's performance share awards and restricted stock amortization as well as expense related to stock options and stock appreciation rights. Also includes expense for the Supplemental Employee Incentive Plans which commenced in 2008. (PR Newswire)
Buy Exxon, Sell Wal-Mart, Latest Calls on Top 10 Jul 13, 2009
That works out to a stock appreciation pace of 1 percent per year. market value $152 billion -- Hold. (Bloomberg -- Columnists)
> Through it all, Cincinnati CEOs still get more shares, options Jun 26, 2009
Consider the situation at Last November, right after Ashland closed on an acquisition of that helped send its stock price tumbling to a more-than-25-year low, the company awarded CEO Jim O Brien 250,000 options, or stock appreciation rights. The exercise price was the then-current market value, $10. (Cincinnati Business Courier, OH)
Rentrak Announces Equity Grant to New CEO Bill Livek Jun 22, 2009
The compensation committee also approved the grant of employee stock options to purchase 200,000 shares of Rentrak common stock and stock-settled stock appreciation rights ("SARs") relating to 75,000 shares. These grants were made under Rentrak's 2005 Stock Incentive Plan approved by the company's shareholders at its 2005 annual meeting. (PR Newswire)
CIBC Announces Second Quarter 2009 Results May 28, 2009
The same period last year was impacted by losses from the hedging of stock appreciation rights (SARs). Reversal of credit losses The reversal of credit losses is primarily a result of asset securitization due to the reduction of loans and receivables attributable to such activities. (Canada Newswire)
Macy's shareholders approve proposal at annual meeting May 17, 2009
An executives bonus award would be determined based on the improvement of at least one of 17 performance measure, including total sales, profit, cash flow, stock appreciation, customer satisfaction and inventory management. Those performance measures could be hard to achieve. (Cincinnati Business Courier, OH)
Huron retools stock award plan after outcry May 16, 2009
The plan submitted by directors imposes other restrictions, including limits on the ability to reprice options or stock appreciation rights without stockholder approval. Criteria upon which performance-based compensation awards are based also was broadened. (Crain's Chicago Business)
BioFuel Reports on Stock Appreciation May 9, 2009
DENVER, May 8 /PRNewswire-FirstCall/ -- BIOFUEL ENERGY CORP. (Nasdaq: ) announced today that it notes the recent appreciation in its stock price and confirmed that there have been no material developments at the Company that have not been publicly disclosed. The Company continues to optimize the operation of its facilities and will provide further details with respect to these efforts on its scheduled earnings call on Monday, May 18th, 2009 beginning at 1:00 p.m. (EDT). (PR Newswire)
Key Energy Services Announces First Quarter Results May 7, 2009
Adjusted EBITDA includes a charge associated with the accelerated vesting of certain stock options and stock appreciation rights. Management believes that for comparative purposes this charge should be excluded from Adjusted EBITDA as this charge is non-cash and non-recurring in nature and represents the acceleration of costs that otherwise would be recognized in future periods. (PR Newswire)
US Airways CEO '08 compensation: $5.4M May 1, 2009
Parker, 47, received a combination of restricted stock and stock appreciation rights last spring and summer. As he did last year, Parker downplayed the $3. (AZCentral -- Business)
Ambit downgrades Guj Petronet to 'SELL' Apr 20, 2009
MUMBAI: Ambit Capital has downgrade Gujarat State Petronet Ltd from 'BUY' to 'SELL', due to sharp stock appreciation of 35% over the month, leading to the attainment of its target price of Rs 45 and no visible upside triggers in the medium term. The brokerage said that while it takes cognizance of the benefit accruing to GSPL on account of the higher domestic gas supplies from the recently commissioned KG-D6 block, it believes the current stock price factors in the healthy volume growth, going... (India Times)
Immersion Announces Employment Inducement Awards Mar 19, 2009
Under the Plan, the Company may issue awards in the form of stock options, stock appreciation rights, restricted stock purchase rights, restricted stock bonuses, restricted stock units, performance shares, performance units, deferred compensation awards, and other cash and stock awards. Such awards may be granted to employees who, prior to the offer of an award as an inducement to become an employee, were (i) neither employees nor directors or (ii) former employees or directors whose period of... (Yahoo! Wire -- Entertainment News)
Paramount Resources Ltd. Financial and Operating Results for the Year Ended December 31, 2008 Mar 7, 2009
- All stock appreciation rights that were issued in November 2008 were surrendered and cancelled in exchange for the same number of Paramount Options with the same exercise price and vesting terms. ADDITIONAL INFORMATION. (CCNMatthews Press Releases)
Key Energy Announces Fourth Quarter and Full Year 2008 Results Feb 26, 2009
They also included a pre-tax charge for accelerated vesting of options and stock appreciation rights of $10 ... Adjusted EBITDA includes a charge associated with the accelerated vesting of certain stock options and stock appreciation rights. (PR Newswire)
PXP Announces 2008 Results and Operating Highlights Feb 26, 2009
Plains Exploration & Production Company Consolidated Balance Sheets (in thousands of dollars) December 31, December 31, 2008 2007 ---- ---- ASSETS Current Assets Cash and cash equivalents $311,875 $25,446 Restricted cash - 59,092 Accounts receivable 175,896 304,972 Commodity derivative contracts 945,838 2,186 Inventories 23,368 18,394 Deferred income taxes - 229,893 Other current assets 19,464 34,937 ------ ------ 1,476,441 674,920 --------- ------- Property and Equipment, at cost Oil and... (PR Newswire)
Cabot Oil & Gas Sets Many New Highs; 2008 Unprecedented Feb 13, 2009
73 Weighted Average Common Shares Outstanding 103,354 97,212 100,737 96,978 (1) Includes the impact of the Company's performance share awards and restricted stock amortization as well as expense related to stock options and stock appreciation rights. Also includes expense for the Supplemental Employee Incentive Plan which commenced in January 2008. (PR Newswire)