- New math for ESOPs.
Under the new ESOP rules, your employees are in for some changes in their earnings, so get set for a crash course in fair-value accounting. Sharpen your pencils and fire up your calculators, because new ESOP accounting rules have arrived. The Accounting Standards Executive Committee, the rule-making body of the ......
- News shorts...8/12/03
In this issue: EMS, Oakley, DuPont, Koch Industries, Milliken & Co., Sport Supply Group, MJ Soffe, Eddie George and Team Jordan ......
- Potlatch pays down debt with proceeds from sale
Potlatch Corp., flush with cash from the sale of three mills in Minnesota earlier this year, made good recently on its promise to pay down debt and to reward stockholders. In a Nov. 9 filing with the U.S. Securities and Exchange Commission, the Spokane-based wood-products company said it spent $244.5 ......
- JCPenney Announces Share Repurchase Program and Dividend Increase.
PLANO, Texas -- J. C. Penney Company, Inc. (NYSE:JCP) announced that its Board of Directors has approved a new $400 million common stock repurchase program. The Company expects to complete the repurchase program through open market purchases of shares of its common stock by the end of fiscal 2007. Shares ......
- OptionCare Announces Fourth Quarter Results.
Q4 Record Revenues Increase 36% to $194 Million Earnings Per Share from Continuing Operations of $0.19 BUFFALO GROVE, Ill. -- Option Care, Inc. (Nasdaq: OPTN) today reported results for the quarter and year ended December 31, 2006. Revenue was $194 million for the fourth quarter, a 36% increase compared to ......
- U.S. Navy removes life support for shipbuilding
industry.
The United States shipbuilding industry is on the verge of losing most of its component suppliers due to severe cuts in naval shipbuilding budgets and Department of Defense procurement rules that encourage acquisition managers to buy products from the lowest-cost commercial suppliers overseas, claims the American Shipbuilding Association. Next year's ......
- Dividend dilemma
While Microsoft Corp. garnered headlines in January for announcing it was finally going to start paying a dividend, some smaller technology companies had already taken the plunge. Two semiconductor companies, Maxim Integrated Products Inc. , Sunnyvale, CA, and Microchip Technology Inc. , Chandler, AZ, both quietly announced last fall that ......