Severance Pay

Net Income up Double Digits in 2011 on Record Revenue eBay Tightens Range on Three-Year Outlook Reflecting Increased Confidence SAN JOSE, Calif. -- eBay Inc., a global commerce platform and payments leader (NASDAQ:EBAY),...

DECATUR, Ill. -- Archer Daniels Midland Company (NYSE: ADM) announced today that ADM Polymer Corporation, a wholly owned subsidiary of ADM, will end its commercial alliance with Metabolix, Inc. on February 8, 2012....

Cash Severance Payouts Hold Steady, While Equity-Based Payouts See Substantial Jump NEW YORK -- The average change in control benefit provided to CEOs has increased 32 percent over the past two years, rising...

The company plans to reduce personnel by 84 positions, or 34%, including 50 positions to be eliminated immediately and the remainder by the end of the first quarter of 2012. The staff reductions...

Astellas Pharma, Inc. and Theravance, Inc. have announced that Astellas Pharma has exercised its right to terminate the global license, development and commercialization agreement for VIBATIV(R) (telavancin) for injection, a bactericidal, once-daily lipoglycopeptide...

CINCINNATI -- Macy's, Inc. (NYSE:M) today announced a series of store openings and closings as part of the company's normal-course process to selectively prune underperforming locations while also opening new ones to fill...

IRVING, Texas -- Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced today that it has received a payment of $6.7 million comprised of management and incentive fees earned for 2011 as well as a...

NEW YORK -- Fitch Ratings has placed the following ratings for Computer Sciences Corp. (NYSE: CSC) on Rating Watch Negative: --Long-term Issuer Default Rating (IDR) 'BBB+'; --Senior unsecured debt 'BBB+'; --Bank credit facility...

HEADNOTE Global Sales Topped $300B Despite Challenges of 2011 TECHNOLOGY Orange County chipmakers could see a revenue uptick this year as global chip sales are projected to grow modestly. The World Semiconductor Trade...

Wayne County Executive As a regional leader, Wayne County Executive Robert Ficano hasn't grabbed headlines like his compatriots - not as feisty as Oakland County Executive L. Brooks Patterson, not the new kid...

Dennis Padgett knows he's in a coveted position for these troubled economic times. [ILLUSTRATION OMITTED] In the next few months, he'll be hiring 200 people for a new research and development facility. His...

HEADNOTE Ethically speaking, that is. In any environment, maintaining public trust when public dollars are in play is critical. As the entire globe works its way through the Great Recession, the spotlight at...

Tax-exempt entities may establish as many as three types of tax-favored retirement plans. They may, of course, establish qualified retirement plans. They may also establish Sec. 403(b) plans, generally known as tax-sheltered annuities....

NEW YORK -- Fitch Ratings has affirmed the rating of the notes issued by SPICES Finance Limited Series 2005-1 (SPICES 2005-1, the Issuer), removed the rating from Rating Watch Negative and assigned a...

State continues to recover Michigan's economy, still saddled with a 10.6 percent unemployment rate heading into winter, continues its slow climb from the recession of 2008-09. A recent jobs study by the University...

Actions Will Reduce Operating Costs, Improve Liquidity, and Enhance Client Service ALBANY, N.Y. -- AMRI (NASDAQ: AMRI), a global contract services organization with services spanning the entire R&D continuum, today announced actions taken...

NEW YORK -- Fitch Ratings assigns an 'AA' rating to the following lease revenue bonds of the Oklahoma Capital Improvement Authority (OCIA): --$61.595 million, state highway capital improvement revenue bonds, series 2012. The...

CHICAGO -- Fitch Ratings has downgraded the notes issued by Amber Trust ONE and maintained the Negative Watch status as follows: --JPY 6,000,000,000 notes to 'BBB+sf' from 'A-sf'; Rating Watch Negative. The downgrade...

NASHVILLE, Tenn. -- Healthways, Inc. (NASDAQ: HWAY) today announced revised financial guidance for 2011 as a result of quantifying the financial impact of previously disclosed restructuring efforts relating to the Cigna contract wind...