Topic: Stock Options
IHS 1st-qtr profit slips 1 pct on charges
AP News
IHS fiscal 1st-quarter profit slips 1 percent, weighed down by stock options expensesIHS Inc., a provider of energy and security information to governments and large companies, said Wednesday that its fiscal first-quarter earnings edged down 1 percent, hurt by charges. For the three months that ended Feb. 28, IHS said ...
Ex-exec testifies in KB Home fraud trial in LA
AP News
Former exec testifies against ex-KB Home chief in LA stock-option backdating trialA former executive of KB Home testified Tuesday against former chairman and Chief Executive Bruce E. Karatz, who is accused of bilking shareholders out of millions of dollars by backdating stock options. Prosecutors contend that Karatz, 64, illegally backdated ...
AP tally shows Prudential CEO's 2009 pay dipped
AP News
AP tally shows Prudential CEO's 2009 compensation falls 4.5 pct even as insurer reverses lossThe CEO of Prudential Financial Inc. received a 4.5 percent pay cut in 2009, even as the company moved to a profit from a loss. The life insurer and annuity provider gave CEO ...
Abbott CEO's pay falls on reduced stock options
AP News
Abbott Laboratories gives CEO almost $22 million in pay, down on lower stock optionsThe chairman and CEO at Abbott Laboratories received a 13 percent drop in total compensation last year, mainly as a result of reduced stock options. The North Chicago-based company disclosed in a regulatory filing Monday that Miles ...
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