Stock woes cause Aflac executives to trim, give up bonuses

Aflac Chairman and CEO Daniel P. Amos is giving up his 2008 bonus —- a payout that would have netted him $2.8 million —- because of the Columbus-based supplemental insurer’s depressed stock price.
Kriss Cloninger III, the company’s president and chief financial officer, is reducing his bonus by 35 percent or about $477,000.
The announcements, made after the close of markets Monday, come even though Aflac executives Read the rest of this entry »

February 21, 2009 | , , , , , , ,
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World stocks fall on poor earnings, banking woes

World stocks fall on poor earnings, banking woes
LONDON (AP) — World stock markets finished mostly lower Monday, with financial and energy stocks leading the way down as investors prepared for another week of poor earnings reports and gloomy economic data.
After Asian markets slipped, there was little appetite to buy in Europe as faith in a rapid turnaround in the global economy and corporate earnings faded. Britain's benchmark FTSE 100 Read the rest of this entry »

January 14, 2009 | , , , , , ,
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Diageo Shares Fall As Global Woes Cut Into Profit Forecast

fell as much as 7% Thursday,
retreating after the world's biggest spirits maker cut its annual profit
forecast as business sustained a hard hit late last year from the global
slowdown and as management predicted a downshift for consumer spending.
The company (DEO), whose well-known brands range from Smirnoff vodka and
whiskey to Captain Morgan rum and Guinness beer, said net profit
rose 16% to 1.14 billion pounds (
$1.63 billion
Dec. 31
Read the rest of this entry »

December 27, 2008 | , , , , , , ,
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RPT-Wall St Wk Ahead: Obama optimism seen blunting earnings woes

NEW YORK, Jan 11 (Reuters) - Wall Street's enthusiasm for
President-elect Barack Obama may come full circle this week as
he prepares to take office and help to offset what many expect
will be a barrage of bleak corporate earnings reports.
In the week leading up to his Jan. 20 inauguration, U.S.
stocks will face another trying period beset with more
disappointing economic data and the start of the first-quarter
earnings season.
But a glimmer of Read the rest of this entry »

November 29, 2008 | , , , , , , ,
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Brokers: Economic woes in the region drag down the local stock market

Stock market trades, under the shadow of pessimism
In yesterday’s session, BET indice that gauges the performance of ten most liquid shares fell 4.46%, while BET-C dropped 4.17%. BET-FI indice, of the five financial investment companies lost 6.15%, while ROTX indice at Vienna stock exchange slumped 4.85%.
BET-XT, the indice that assesses the evolution of 25 most liquid stocks, slid 5.17%, and BET-NG dropped 3.10%.
“We have early Read the rest of this entry »

November 25, 2008 | , , , , , , , ,
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Water-plant woes costly for taxpayers

Tempe taxpayers are on the hook for a contractor's bill that has topped $302,000 and is still ballooning for work that some say could have been avoided if the city had followed recommendations outlined more than two years ago.
The city hired the contractor after an industrial accident last year at Tempe's Kyrene water-reclamation plant exposed five municipal workers to toxic-gas levels that exceeded state and federal regulations.
City workers Read the rest of this entry »

October 18, 2008 | , , , ,
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Despite money woes, stem cell institute to award more grants

The problem: Should the state stem cell institute keep approving research grants, even though it will run out of money about the end of September because of the state budget impasse?
The answer: a resounding yes.
After lengthy discussion Thursday night and yesterday, the institute's board decided to forge ahead with its grants while simultaneously looking for outside money sources.
The California Institute for Regenerative Medicine board Read the rest of this entry »

July 28, 2008 | , , , , , , , ,
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Commerce Bancshares is well prepared for woes

Less loan growth than expected, greater loan loss provisions and smaller profits add up to one of the best bank stocks around, according to one analyst.
Commerce Bancshares Inc.
analyst Andrea Jao. Her “overweight” rating is the equivalent of a buy recommendation.
It’s not that Jao has worries about Commerce.
Her report Monday said she liked Commerce’s prudent handling of its own funding sources and capital backing. Read the rest of this entry »

July 9, 2008 | , , , ,
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PREVIEW-Auto woes to dent Japan steelmakers' earnings

* What: Nippon Steel, JFE, POSCO, Baosteel profit forecasts
* Battered exports of cars, machines to hit Japan
steelmakers
* Domestic demand to help POSCO, Baosteel
TOKYO, Jan 9 (Reuters) - Japan's big steelmakers, led by
global No.2 Nippon Steel Corp (5401.T), face strong headwinds
this year as a weakening global economy hits major customers
such as the country's export-oriented carmakers and
manufacturers.
But Asian rivals, including globally Read the rest of this entry »

July 6, 2008 | , , , , , ,
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Commentary: Don't let market woes steer you from this 10-bagger

, a division of Interactive Data Corp. and subject to
. Historical and current end-of-day data provided by
. More information on
and their current financial status. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Dow Jones Indexes(SM) from Dow Jones & Company, Inc. SEHK intraday data is provided by Comstock and is at least 60-minutes delayed. All quotes are in local exchange time.
Real-time last Read the rest of this entry »

June 11, 2008 | , , , , , ,
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