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CEO could see $5M in cash and stock awards from Babcock & Wilcox spinoff
2014-11-10 15:23:01| Industrial Machines - Topix.net
Jim Ferland, chief executive of The Babcock & Wilcox Co., stands to collect retention awards of at least $2.7 million cash and $2.25 million worth of stock in the spinoff that splits the Charlotte-based company in two.
CEO could see $5M in cash and stock awards from Babcock & Wilcox spinoff
2014-11-10 15:23:00| Industrial Machines - Topix.net
CEO Jim Ferland will get the full retention award if he is still with the new Babcock & Wilcox Co. three years after the split.
Old Dominion Freight Line Announces $200 Million Stock Repurchase...
2014-11-10 14:27:57| Trucking - Topix.net
Old Dominion Freight Line, Inc. today announced that its Board of Directors has approved a stock repurchase program authorizing Old Dominion to repurchase up to $200 million of its outstanding common stock over the next 24 months. Under the program authorized by its Board of Directors, Old Dominion may repurchase shares from time to time in open-market purchases or through privately negotiated transactions.
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America's spy chief was profiting off stock trades
2014-11-10 07:59:45| Telecom - Topix.net
The general who headed America's biggest spy agency was profiting off stock trades involving an obscure New Jersey technology company that had a lucrative contract with one of the intelligence community's most important sources of global phone and Internet traffic. AT&T had a deal with Synchronoss Technologies Inc., of Bridgewater, to provide transaction management technology to activate all new Apple iPhones onto what was then an exclusive carrier network.
Shanghai-HK Stock Connect approved
2014-11-10 03:22:33| BBC News | Business | UK Edition
Regulators have approved a long-awaited plan to connect the Hong Kong and Shanghai stock exchanges, giving global investors access to mainland markets.
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