Financial Temperature - Financial Calculations News

Financial Calculations News

Buffett salary unchanged, but security costs up Wednesday, March 10, 2010 @ 10:29PMOMAHA, Nebraska- Warren Buffett brought home less pay than Berkshire Hathaway 's chief financial officer again last year, but the company is paying more to protect the billionaire these days.
Bettng the House (of Cards) on Interest Rate Derivatives Wednesday, March 10, 2010 @ 10:27PMBy Nathan Kawaguchi. Previously, we wrote a piece called, Interest Rate Derivatives - A $437 Trillion Time Bomb? In that article, we gave an overview of our basic points of concern. The sheer size of the interest rate derivative market caught our attention, especially since the $62 trillion credit default swap (CDS) market was a major factor in our recent financial crisis. In this follow-up ...
Warren Buffett still gets $100K salary at Berkshire Hathaway, but security costs grow to $345K Wednesday, March 10, 2010 @ 6:59PMOMAHA, Neb. - Warren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying more to protect the billionaire these days.
Warren Buffett still gets $100K salary at Berkshire Hathaway, but security costs grow to $345K Wednesday, March 10, 2010 @ 6:57PMOMAHA, Neb. - Warren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying
Savanna Energy Services Corp. Announces Q4 2009 Results and Updates Capital Program Wednesday, March 10, 2010 @ 6:54PMCALGARY, ALBERTA--(Marketwire - March 10, 2010) - Savanna Energy Services Corp. ("Savanna" or "the Company") (TSX:SVY) is an oilfield services company operating throughout North America. The Company's overall business is conducted through two major divisions: contract drilling and oilfield services. /
Forensics: bookkeeping the break-up Wednesday, March 10, 2010 @ 6:45PMWhen Scots gather on Burns Night, they toast the “immortal memory”. When forensic accountants gather, their toast is to “Mrs White”, the doyen of divorce.
What financial crisis? Number of billionaires hits new high Wednesday, March 10, 2010 @ 6:26PMWhile for many people the effects of the worst recession since the Thirties look likely to linger and unemployment remains high across the Western world, for the planet's super-rich, things are looking very perky once again.
Total compensation drops in '09 for FirstMerit executives Wednesday, March 10, 2010 @ 6:16PMTotal compensation drops in '09 for FirstMerit executives
Head struck off for taking £3k in 'cones for cash' scam Wednesday, March 10, 2010 @ 6:05PMA HEADTEACHER found to have embezzled around £3,000 from his school has been struck off after a panel deemed his conduct "reprehensible and disgraceful".
HANO's former Section 8 chief to do time, pay restitution Wednesday, March 10, 2010 @ 5:42PMHe pleaded guilty to misusing federal funds
(AFX UK Focus) 2010-03-10 05:54 UPDATE 1-Cathay Pacific H2 net beats forecast, cautious on 2010 Wednesday, March 10, 2010 @ 12:13AMHONG KONG, March 10 (Reuters) - Hong Kong's dominant air carrier Cathay Pacific Airways reported its best half-year earnings in two years, beating analysts forecasts, but is cautious about 2010 on premium passenger demand and oil prices. Cathay returned to profit in the six months ended December 2099, helped by the sale of part of its stake in Hong Kong Aircraft Engineering Co Ltd and as air ...
IBM CEO's pay ticked higher to $21.2 million in 2009 Tuesday, March 9, 2010 @ 11:34PMThe pay package for IBM Corp.'s chief executive officer notched slightly higher in 2009 as he was rewarded for a year in which the technology company wrung out big profit gains despite a rocky market that clipped sales.
Buyout Firms Can’t Spend $503 Billion as Fund Deadlines Loom Tuesday, March 9, 2010 @ 11:21PMBuyout funds sitting on half a trillion dollars committed by investors may need more than a decade to put the money to work if deals continue at the current pace.
Cathay Pacific H2 net returns to profit at $503 mln Tuesday, March 9, 2010 @ 10:58PMHONG KONG, March 10 (Reuters) - Hong Kong's dominant air carrier Cathay Pacific Airways <0293.HK> on Wednesday announced a strong second-half profit of $502.6 million as one-off gains from asset sales and fuel-hedging helped reverse the losses it posted a year earlier.
Life Technologies CEO's 2009 Compensation Falls Tuesday, March 9, 2010 @ 6:10PMLife Tech CEO's 2009 compensation falls 60 percent with no stock options, restricted stock Option - Business - Law - Workers' Compensation - Services
Life Technologies CEO's 2009 compensation falls Tuesday, March 9, 2010 @ 6:00PMLife Technologies Corp. Chairman and CEO Gregory Lucier's compensation fell 60 percent to just over $4.5 million in 2009 on a lack of stock awards, according to an Associated Press calculation of
Futuremed Announces 2009 Fourth Quarter and Year-End Results Tuesday, March 9, 2010 @ 5:55PMCONCORD, ONTARIO--(Marketwire - March 9, 2010) - Futuremed Healthcare Income Fund (TSX:FMD.UN) ("Futuremed" or the "Fund") announced today strong financial and operating results for the three months and year ended December 31, 2009.
Serrano Enters Into an Agreement to Dispose of Its Blackrod Property Tuesday, March 9, 2010 @ 5:54PMCALGARY, ALBERTA--(Marketwire - March 9, 2010) -
Futuremed Announces 2009 Fourth Quarter and Year-End Results Tuesday, March 9, 2010 @ 5:53PMCONCORD, ONTARIO--(Marketwire - 03/09/10) - Futuremed Healthcare Income Fund (TSX: FMD.UN - News ) ("Futuremed" or the "Fund") announced today strong financial and operating results for the three months and year ended December 31, 2009. HIGHLIGHTS: - 2009 sales rise 34.6% on Dismed Inc.'s contribution and strong organic growth - Solid growth in recurring, non-discretionary nursing supplies ...
Years of feuding with mayor preceded Stafford Township police chief's abrupt retirement Sunday, March 7, 2010 @ 8:39PMRetiring Stafford Township Police Chief Larry Parker pinned the chief's badge on Stafford Township Police Chief Thomas Conroy in December 2005.
'Work widows' suffer in silence Sunday, March 7, 2010 @ 8:32PMChairman Mao Zedong famously said in the 1960s that women hold up half the sky. Five decades on, many of them are instead struggling to hold down the fort in towns and villages across China.
China's 'work widows' suffer in silence Sunday, March 7, 2010 @ 8:31PMChairman Mao Zedong famously said in the 1960s that women hold up half the sky. Five decades on, many of them are instead struggling to hold down the fort in towns and villages across China. As men .....
U.S. economy has always been subject to large defense expenditures Sunday, March 7, 2010 @ 8:02PMReasonably soon, many of our troops will be returning from Iraq. The Afghanistan mission, stable for now with around 100,000 troops, will start to become, if not militarily, at least financially manageable. Soon our defense-oriented economy will begin to wind down.
36 (Un)Wise Men Sunday, March 7, 2010 @ 7:16PMHas it occurred to anyone that 36 men and some of their predecessors no longer in office more or less hold the fate of 140 million-plus Nigerians in their hands?
Big banks set aside $298bn for compensation Sunday, March 7, 2010 @ 6:18PMStandard Chartered’s results last week were almost the final chapter in an earnings season characterised by a fascination with pay. Financial News has run the numbers for the biggest banks in the US and Europe.
ICBC Plans No Fund Raising; Loans Jump to Record in 2009 Sunday, March 7, 2010 @ 6:06PMMarch 8 (Bloomberg) -- Industrial & Commercial Bank of China Ltd. , the world’s largest lender by market value, said it has no fund-raising plan at the moment even as it boosted lending by 24 percent to a record last year.
Revealed: how higher taxes send London to top of the table Sunday, March 7, 2010 @ 6:04PMSenior bankers and hedge fund professionals will pay more in personal income tax and social security should they be based in London from April 6 onwards than they would if they were located in any other major financial centre, according to data prepared for Financial News by KPMG.
London tops global tax league Sunday, March 7, 2010 @ 6:02PMSenior bankers and hedge fund managers based in London will pay more in income tax than they would in any other major financial centre when the new 50% rate of tax is introduced next month, according to data prepared for Financial News.
Pfizer CEO got $13.7 million in 2009 compensation Saturday, March 6, 2010 @ 3:24AMTRENTON, New Jersey (AP) — The chief executive of drug giant Pfizer Inc., Jeffrey Kindler, received a 2009 compensation package valued by The Associated Press at $13.7 million, down 7.6 percent from 2008, as the board reduced the stock awards he received, citing economic pressures.
Legal stakes raised over Cowboys' collapsed practice facility Saturday, March 6, 2010 @ 2:33AMTwo summers before the Dallas Cowboys' practice facility collapsed, team officials were scrambling to deal with warnings that the massive tentlike structure was unsafe.
GE's Immelt declines bonus for 2nd year Saturday, March 6, 2010 @ 12:33AMFAIRFIELD -- General Electric Co. said Friday that Chief Executive Jeffrey Immelt did not receive a 2009 bonus, the second straight year he gave up extra pay as the industrial and financial conglomerate struggled with one of its worst years on record.
BKU demands remunerative prices for agri products Saturday, March 6, 2010 @ 12:00AMNew Delhi, Mar 5 : Thousands of farmers from Punjab and Haryana today clogged the roads of the national Capital demanding that the prices of agricultural produce be made remunerative and the subsidy on fertilisers be given directly to them through sale vouchers.
Legal stakes raised over collapsed Cowboys practice field Friday, March 5, 2010 @ 10:52PMTeam sues builder; injured staffers target three of Jerry Jones businesses.
Tax preparation software: which program gets the best mark? Friday, March 5, 2010 @ 10:40PMPreparing your taxes can require a lot of stamina, but tax-preparation software can make the task less arduous,. But, which program to choose? Here are the most popular programs:
Legal stakes raised over collapsed Cowboys practice field Friday, March 5, 2010 @ 10:34PMTeam sues builder; injured staffers are targeting three of Jerry Jones businesses in lawsuits.
Regina Catholic schools allege funding disparity Friday, March 5, 2010 @ 10:17PMOfficials from Regina's Catholic school system say they are getting less provincial money for their students compared to the public school system.
SunTrust Banks 2009 CEO compensation falls 27 pct Friday, March 5, 2010 @ 6:28PMRegional bank SunTrust Banks Inc. paid Chairman and CEO James M. Wells III compensation valued at about $5.9 million last year, a 27 percent drop from 2008, according to an Associated Press calculation from the company's...
Marin County may pull plug on computer fiasco Friday, March 5, 2010 @ 6:06PMAfter a four-year nightmare in which the county's $20 million SAP fiscal computer system never seemed to work right, officials are hiring consultants to help determine whether they should pull the plug.
GE's CEO declines bonus for 2nd year Friday, March 5, 2010 @ 6:04PMGeneral Electric Co. said Friday that Chief Executive Jeffrey Immelt did not receive a 2009 bonus, the second straight year he gave up extra pay as the industrial and financial conglomerate struggled with one of its worst years on record.
SunTrust Banks 2009 compensation for CEO Wells falls 27 percent, salary stays flat Friday, March 5, 2010 @ 5:55PMATLANTA - Regional bank SunTrust Banks Inc. paid Chairman and CEO James M. Wells III compensation valued at about $5.9 million last year, a 27 percent drop from 2008, according to an Associated Press...
Gordon Brown tells Iraq inquiry of 'regrets' Friday, March 5, 2010 @ 7:40AMGORDON Brown today voiced his sadness at the huge loss of life in the conflict in Iraq.
Celtic Reports Financial Results For The Year Ended December 31, 2009 Friday, March 5, 2010 @ 7:25AMCALGARY, ALBERTA--(Marketwire - March 5, 2010) - Celtic Exploration Ltd. ("Celtic" or the "Company") (TSX:CLT) has released its operating results for the three months and twelve months ended December 31, 2009. Summary of results are as follows:
Show us the money: super should be stunning, not stunted Friday, March 5, 2010 @ 7:14AMEver opened up your superannuation statement and wondered how on earth, after all these years, there's so little cash there? A long time ago, about 10 years after the first compulsory scheme was tentatively introduced, I did just that.
Beasley Broadcast Group Reports Fourth Quarter Revenue of $26.2 Million and Diluted EPS of $0.06 Friday, March 5, 2010 @ 6:29AMNAPLES, Fla. -- Beasley Broadcast Group, Inc. , a large- and mid-size market radio broadcaster, today announced operating results for the three- and twelve-month periods ended December 31, 2009 as summarized below:
Assisted Living Concepts, Inc. Announces Continued Successful Execution of Strategy; Reports Higher Occupancy and ... Friday, March 5, 2010 @ 6:09AMMENOMONEE FALLS, WI--(Marketwire - March 5, 2010) -
WPP 2009 Preliminary Results Friday, March 5, 2010 @ 6:00AMNEW YORK & LONDON----WPP today reported its 2009 Preliminary Results. Billings up 2.7% to £37.919 billion. Reported revenue up 16.1% to £8.684 billion, up 4.9% in constant currency.
Assisted Living Concepts, Inc. Announces Continued Successful Execution of Strategy; Reports Higher Occupancy and ... Friday, March 5, 2010 @ 6:00AMMENOMONEE FALLS, WI--(Marketwire - 03/05/10) - Highlights: -- Fourth quarter 2009 revenues from private pay residents exceeds 96% of total revenues -- Average private pay occupancy increases by 69 units over the third quarter, overall occupancy at 63.5% -- Adjusted EBITDAR as a percent of revenues increases to 34.1%, up from 33.6% in the third quarter of 2009 and 28.5% in the fourth quarter of ...
School board leader's anger Friday, March 5, 2010 @ 2:02AMScreaming during a closed-session, slamming binders and pursuing a personal agenda were among problems cited when Wheatland School District heard requests that board President Susan Abe resign that post. "This board and these meetings have became an...
KRVR Update Wednesday, March 3, 2010 @ 1:00PMValerie Cassity Special to the Sun Kern River Valley Revitalization (KRVR) held their monthly Community Meeting last Wednesday, Feb. 3, to discuss local current events and topics.
Treasuries Fall as U.S. Service Industries Exceed Forecast Wednesday, March 3, 2010 @ 12:09PMMarch 3 (Bloomberg) -- Treasury notes dropped for the first time in five days after an Institute for Supply Management report showed U.S. service industries expanded in February more than economists forecast.