Ulticom Announces Settlement With SEC Jun 19, 2009
Important factors that could cause actual results to differ materially include: the timing for the completion of the Company's financial statements is dependent in part on the Company's reasonable assurance that no further accounting issues that may impact the Company will be identified by its majority shareholder, Comverse Technology, Inc., during its preparation and audit of its financial statements; the results of the Company's evaluation of revenue recognition based on the application of SOP... (Primezone Releases)
Bearclaw Announces Correction to Exercise Price for Grant of Options to Directors Jun 19, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 18, 2009) - In a press release dated January 12, 2009, Bearclaw Capital Corp. (TSX VENTURE: - ; FRANKFURT: - ) announced that it had granted options to its three directors pursuant to its rolling 10% stock option plan to acquire up to a total of 700,000 shares at an exercise price of $0. 06 per share. (CCNMatthews Press Releases)
Versatile Announces Stock Option Grants Jun 19, 2009
VANCOUVER, CANADA--(Marketwire - June 18, 2009) - Versatile Systems Inc. (TSX VENTURE: - ; AIM:VVS) announces stock option grants approved by the Board of Directors ... Versatile has granted incentive stock options to the employees, officers and directors of the Company, to acquire a total of 4,241,000 common shares of the Company vesting after four months, exercisable for a period of four years at a price of CDN $0 ... Since the last stock option grant in January 2008 a total of 6,003,616 stock... (CCNMatthews Press Releases)
FMX Ventures Announces Shareholder Meeting/Proposed Share Consolidation Jun 16, 2009
In addition to the annual meeting business, shareholders will be asked to consider and vote on proposals to consolidate the issued and outstanding common shares of the Company on a 1 for 10 basis and to ratify a new stock option plan and new general by-law for the Company ... The proposed stock consolidation and new stock option plan are subject to acceptance by the NEX Board of the TSX Venture Exchange. (CCNMatthews Press Releases)
Stratic Energy Corporation - Grant of Share Options to Staff Jun 16, 2009
CALGARY and LONDON, June 16 /CNW/ - Stratic Energy Corporation (TSX Venture: 'SE', AIM 'SE.') ("Stratic" or the "Company") announces that it has, in the ordinary course of business granted stock options to employees to acquire up to 2,950,000 common shares of the Company under its stock option plan. None of these options were granted to directors, officers, senior employees or other insiders. (Canada Newswire)
ICICI Bank allots 19,875 shares under ESOS scheme Jun 16, 2009
MUMBAI: The country's largest private sector lender, ICICI Bank, has allotted a total 19,875 equity shares pursuant to conversion of options under the Employees Stock Option Scheme, 2000 (ESOS). In a filing to the Bombay Stock Exchange, ICICI Bank said it has allotted 15,825 equity shares on June 12, 2009 to its employees under the Employees Stock Option Scheme, 2000 (ESOS) ... Country's largest private sector lender, ICICI Bank, has allotted a total 19,875 equity shares pursuant to conversion... (India Times)
ALDA Grants Incentive Stock Options Jun 6, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 5, 2009) - ALDA Pharmaceuticals Corp. (TSX VENTURE: - ; OTCBB: - ; "ALDA") announces that it has granted incentive stock options to certain directors, senior officers, employees and consultants to purchase an aggregate of 1,600,000 common shares at an exercise price of $0 ... The grant was pursuant to the Company's Rolling Stock Option Plan, which was re-affirmed by the shareholders of the Company on December 12, 2008 and subsequently accepted by... (CCNMatthews Press Releases)
North Arrow Grants Stock Options Jun 6, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 5, 2009) - North Arrow Minerals Inc. (TSX VENTURE: - ) announces that, pursuant to North Arrow's Stock Option Plan, the Company has granted a total of 1,410,000 incentive stock options to directors, officers, employees and consultants. The stock options are exercisable to acquire one common share of North Arrow at $0. (CCNMatthews Press Releases)
Google's move to reprice options picks up steam Jun 5, 2009
Now, as I recall, one of the primary justifications Google Inc. gave for adopting the much criticized practice of repricing stock options is that it keeps valued employees from looking to feather their nest elsewhere ... Last January, you may remember, Mountain View's Prince Charming gave the magical kiss of life to $460 million worth of stock options, which had fallen well below their strike price, by arbitrarily repricing them at the stock's then current level ... San Jose Mercury columnist... (San Francisco Chronicle)
Orbit to raise Rs 500 cr via share sale Jun 5, 2009
The company would also seek the shareholders nod for an i 00004000 ssue or preferential allotment of warrants to the promoters and launch of employees stock option scheme. A person close to the company said Orbit would utilise the fund to buy distressed assets from other developers as well as retiring debts of around Rs 60 crore. (India Times)
Reko Announces Third Consecutive Quarter of Profitability During Financial Downturn Jun 5, 2009
35) ------------------------------------------ ------------------------------------------ See accompanying notes to the interim consolidated financial statements INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS Three months and nine months ended April 30, 2009 with comparative figures for 2008 (in 000's) ---------------------------------------------------------------------------- For the three months For the nine months ended April 30, ended April 30, (unaudited) (unaudited) 2009 2008 2009 2008... (CCNMatthews Press Releases)
Motapa Mails Meeting Documents, Files Annual Financials Jun 5, 2009
The outstanding stock options of Motapa will be terminated and replaced by stock options of Lucara based on the same exchange ratio ... Corporate expenditure (excluding stock option expenses) for the year ended February 28, 2009 decreased marginally to $767,487 from $773,430 in the prior year with an increase in wages and consulting fees of $59,969 being offset by decreases in audit and accounting services of $20,253, travel and subsistence expenses of $22,448 and advertising and promotions of... (CCNMatthews Press Releases)
Harry Winston Diamond Corporation Announces First Quarter Fiscal 2010 Results Jun 4, 2009
Consolidated Statements of Changes in Shareholders' Equity (EXPRESSED IN THOUSANDS OF UNITED STATES DOLLARS) (UNAUDITED) Three Three months months ended ended April 30, April 30, 2009 2008 ------------------------------------------------------------------------- COMMON SHARES: Balance at beginning of period $ 381,541 $ 305,502 Issued during the period 44,758 76,039 ------------------------------------------------------------------------- Balance at end of period 426,299 381,541... (Canada Newswire)
Cyberonics Reports Record Revenues and Profitability in Fiscal 2009 Jun 4, 2009
Important factors that may cause actual results to differ include, but are not limited to: continued market acceptance of VNS Therapy(TM) and sales of our product; the development and satisfactory completion of clinical trials and/or market test and/or regulatory approval of VNS Therapy(TM) for the treatment of other indications; satisfactory completion of post-market studies required by the U.S. Food and Drug Administration as a condition of approval for the treatment-resistant depression... (PR Newswire)
GCI Annual Shareholders' Meeting Scheduled for Monday, June 29 Jun 3, 2009
A 5 p.m. reception will be followed by a 6 p.m. business meeting, which will include the election of four individuals to serve on the company's Board of Directors and approval of a proposed amendment to the Company's Stock Option Plan to permit a one-time offer of exchange of certain options granted under the Plan for grants of certain stock awards under the Plan. Immediately after the business meeting, GCI President Ron Duncan will give a brief presentation regarding the company's performance... (PR Newswire)
Macro Enterprises Inc. Announces Grant of Stock Options Jun 2, 2009
FORT ST. JOHN, BRITISH COLUMBIA--(Marketwire - June 1, 2009) - Macro Enterprises Inc. (the "Company" or "Macro")(TSX VENTURE: - ) has granted, under its Stock Option Plan, incentive stock options to certain directors, senior officers and employees to purchase up to an aggregate of 700,000 common shares in the capital of the Company exercisable for a period of five years ending on June 1, 2014 at a price of $0. 30 per share. (CCNMatthews Press Releases)
Cisco to Record $130 Million Tax-Related Charge May 31, 2009
Cisco to record $130 million charge to fix tax treatment of stock options expenses ... -based Cisco said in a Securities and Exchange Commission filing that the U.S. Court of Appeals for the Ninth Circuit changes the company's tax treatment of certain stock option expenses before 2005, even though Cisco was not a named party to the case ... The court's decision overturns a 2005 ruling in U.S. Tax Court that said Xilinx Inc. did not have to share stock option costs related to the company's... (ABC News -- Wire)
Enseco Energy Services Corp. Announces Stock Option Grants May 30, 2009
CALGARY, ALBERTA--(Marketwire - May 29, 2009) - Enseco Energy Services Corp. ("Enseco") (TSX VENTURE: - ) announces stock option grants to officers and employees. Enseco announces that it has granted an aggregate of 459,000 options to certain officers and employees of Enseco of which 180,000 were granted to officers at a price of $0. (CCNMatthews Press Releases)
Sonic Solutions Reports Financial Results for Fourth Quarter and Fiscal Year Ended March 31, 2009 May 29, 2009
We also provide guidance regarding our projected earnings before interest, taxes, depreciation and amortization, excluding impairment charges, restructuring expense, stock option review expense and share-based compensation (``Adjusted EBITDA'') performance ... Stock Option Review Expense Adjustment ... As we originally announced in February 2007, we recently conducted a voluntary review of our historical stock option grant practices and related accounting. (Primezone Releases)
Xilinx may owe IRS after appellate court ruling May 29, 2009
The court concluded that the Xilinx' cost sharing agreement, which did not include any sharing of cost for stock option expenses, met the "arm's-length" standard of IRS tax regulations and that unrelated parties would not share the spread or grant date value of stock options. The arms length standard requires that companies that are related to one another conduct transactions as though they are unrelated to avoid any semblance of conflict of interest. (EETimes)
Canadian Spirit Resources Inc. Announces First Quarter 2009 Financial Results May 28, 2009
Stock-based compensation for the first three months of 2009 was comprised of stock option expense of $86,463 (2008: $102,624) and share appreciation rights expense of $Nil (2008: $144,000) resulting in a net overall expense of $86,463 in the first quarter of 2009 (2008: $246,624). Capital expenditures in the first quarter of each of the past two years are detailed in the following table. (CCNMatthews Press Releases)
Parlay Entertainment Announces Results for Q1 2009 May 28, 2009
- 120,389 ------------- ------------- Comprehensive income (loss) for the period $ (191,536) $ (181,451) ------------- ------------- ------------- ------------- PARLAY ENTERTAINMENT INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in whole Canadian dollars) Three-Months Ended March 31 -------- 2009 2008 ------------- ------------- (Unaudited) (Unaudited) Cash flows from operating activities: Net income (loss) for the period $ (191,536) $ (301,840) Adjustments to reconcile net income (loss) to net... (CCNMatthews Press Releases)
Take-Two Interactive Software, Inc. Reports Second Quarter Fiscal 2009 Financial Results May 27, 2009
(a) The Company's stock-based compensation expense for the third and fourth quarters and fiscal year 2009 includes the cost of approximately 2 million stock options and 1 ... Additionally, the Company has realized significant legal and other professional fees associated with both the investigation of its historical stock option granting process and the Companys responses to related governmental inquiries and civil lawsuits ... Actual outcomes and results may vary materially from these... (Yahoo! Wire -- Entertainment News)
Majescor Private Placement Offering, Allyson Taylor Partners Inc. Retained as Investor Relations Consultant, Stock Options Granted to Directors, Officers, and Key Employees May 27, 2009
The Board has granted ATP 200,000 stock options priced at 15 cents per share, being the closing price of Majescor's shares on the TSX Venture on May 25th, 2009, for a 24-month term. The stock options will vest on a quarterly-basis ... In accordance with the Company's stock option plan and TSX Venture Exchange Policy 4. (CCNMatthews Press Releases)
Parlay Entertainment Announces Amendments to Stock Option Plan May 23, 2009
Amended Stock Option Plan dated May 15, 2009 ... Parlay Entertainment Inc. (TSX VENTURE: - ), the world's leading supplier of Internet bingo solutions, is pleased to announce that its board of directors approved, on May 20, 2009, amendments to its stock option plan effective May 15, 2009 ... Until such approval is obtained, any options issued under the terms of the amended stock option plan will not be eligible for exercise. (CCNMatthews Press Releases)
Ackman Targets 2 On Board May 23, 2009
16 million shares of Target, also voted to ratify the company's auditor, change the stock option plan and allow an advisory vote on executive compensation, according to a statement posted on CalPERS' Web site. Ackman -- in a move that's considered shrewd in hindsight -- pushed an initially reluctant Target to unload nearly half its credit-card portfolio in 2007. (New York Post -- Business)
Starbucks bails out employee stock options May 23, 2009
Starbucks bails out some employee stock options - Denver Business Journal ... Starbucks bails out some employee stock options ... is giving employees with stock options a chance to swap out their under water stock options because the company s share price has significantly dropped in the past year. (Denver Business Journal, CO)
Goldsource Announces Amendment of Stock Option Plan, Option Grants and Repricing May 23, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 22, 2009) - Goldsource Mines Inc. ("Goldsource" or the "Company") (TSX VENTURE: - ) announces that it has adopted a new Stock Option Plan (the "New Plan") which, among other things, changes the Company's Stock Option Plan from a "rolling 10%" plan to a "fixed number" plan, where a maximum of 3,850,000 common shares (including common shares underlying currently outstanding stock options) are reserved for issuance pursuant to stock options granted or... (CCNMatthews Press Releases)
Pan Orient Energy Corp.: Option Grant to Director May 22, 2009
CALGARY, ALBERTA--(Marketwire - May 21, 2009) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE: - ) announced today that it granted options to Paul D. Wright to purchase 100,000 common shares under Pan Orient's stock option plan. Mr. Wright is a Pan Orient director and the Chair of its audit committee. (CCNMatthews Press Releases)
Dios Exploration Approves 2009 Budget & Grants Incentive Stock Options May 22, 2009
Dios Exploration Approves 2009 Budget s Incentive Stock Options - Yahoo ... Dios Exploration Approves 2009 Budget s Incentive Stock Options ... MONTREAL, QUEBEC--(Marketwire - May 21, 2009) - DIOS EXPLORATION INC. (TSX VENTURE: - ) announces that, following its yearly Planning Board meeting, held last Tuesday May 19, it has granted an aggregate 980,000 incentive stock options under Stock Option Incentive Plan to directors, officers and employees at an exercise price of $0. (CCNMatthews Press Releases)
Cadan Resources Corporation: Amendments to Share Purchase Warrants and Stock Options May 22, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 21, 2009) - CADAN RESOURCES CORPORATION (TSX VENTURE: - ; the "Company") announced today that it has amended the terms of various outstanding share purchase warrants and incentive stock options ... The Company also announced that it has amended the exercise price of 10,735,000 existing stock options to directors, officers and consultants and has extended the expiry date to the date that is 10 years from the date of the original grant of the options... (CCNMatthews Press Releases)
Authentidate Holding Corp. Announces Results From Annual Meeting of Stockholders May 22, 2009
Shareholders also approved an amendment to the 2001 Non-Executive Director Stock Option Plan, which increases the percentage of cash compensation that the non-executive directors can elect to receive in shares of restricted common stock of Authentidate to 100% of the cash compensation payable to a non-executive director. In addition, the Board of Directors of the company elected J. Edward Sheridan as non-executive chairman. (PR Newswire)
Lara Exploration Ltd.: Appointment of Chief Financial Officer May 22, 2009
The Company also announces that pursuant to the Company's Stock Option Plan, 65,000 incentive stock options exercisable at $0. 40 per share for a period of five years have been granted to Mr. Miles. (CCNMatthews Press Releases)
Departing Maui Pine CEO gets $150K, other benefits May 21, 2009
Robert Webber, who resigned as president and CEO of Maui Land last week, will receive $150,000 over six months, three months of health benefits and immediate vesting of stock shares and stock options, the company disclosed yesterday in a filing with the Securities and Exchange Commission ... Maui Land said Webber's employment agreement provided for him to receive one year's base salary and stock option vesting upon departure. (Honolulu Advertiser)
Healthscreen Reports Second Quarter 2009 Results May 20, 2009
The stock options were granted pursuant to the terms of Healthscreen's stock option plan and are exercisable at $0. 265 per share. (CCNMatthews Press Releases)
Take-Two Interactive Software, Inc. to Report Second Quarter 2009 Results on Tuesday, May 26, 2009 May 20, 2009
Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and product development personnel, our dependence on our Grand Theft Auto products and our ability to develop other hit titles for current generation platforms, the timely release and significant market acceptance of our games, the ability to maintain acceptable pricing levels on our games, our reliance on a primary... (Yahoo! Wire -- Entertainment News)
GSI Group Reports Progress on Revenue Recognition Review, Update on Status of Nasdaq Delisting Proceedings, Notice of Formal SEC Investigation, 2008 and First Quarter 2009 Bookings, Additional Cost Reductions, Impairment Charges and Discussions with Lenders May 20, 2009
In order to better align the interests of the executives with those of the shareholders, the Compensation Committee plans to adopt a stock option program in lieu of the prior restricted stock program to be implemented upon successful completion of the Company's restated filings. Finally, the Board of Directors voted to reduce its own compensation by 20%, including the annual retainer, meeting fees and the annual share grant. (PR Newswire)
Savaria Releases an Amended Management Information Circular May 20, 2009
For this purpose, required information regarding stock option based compensation to directors, more precisely, the fair value of options granted during 2008 as well as details on unexercised options at the end of 2008 were added. The amended circular is available on SEDAR (). (CCNMatthews Press Releases)
American Pacific Reports Fiscal 2009 Second Quarter Results May 19, 2009
AMERICAN PACIFIC CORPORATION Consolidated Statements of Cash Flow (Unaudited, Dollars in Thousands) Six Months Ended March 31, 2009 2008 Cash Flows from Operating Activities: Net Income $2,190 $4,496 Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Depreciation and amortization 7,870 8,837 Non-cash interest expense 315 320 Share-based compensation 305 53 Excess tax benefit from stock option exercises (3) (82) Deferred income taxes (68) (24) Loss on sale of assets... (PR Newswire)
Neptune Technologies Reports Fiscal 2009 Results - Record revenue and profitability growth in nutraceutical business May 19, 2009
Neptune and Acasti Pharma amended their stock option plan ... Neptune announces amendments to the Company and the Acasti stock options plans Neptune announces that on April 29, 2009, its subsidiary Acasti Pharma amended the existing stock option plan for directors, officers, employees and consultants initially adopted on October 8, 2008 (the "Acasti Plan"), as required by the TSX Venture Exchange ... On April 29, 2009, Neptune also amended its stock option plan ("Neptune Plan") to provide that... (Canada Newswire)
Former KB Home executive settles with SEC May 16, 2009
LOS ANGELES -- The former head of human resources at KB Home Inc. has agreed to pay more than $540,000 to settle civil charges that he schemed to backdate stock options to make them more valuable. Gary A. Ray did not admit or deny allegations by the Securities and Exchange Commission that he improperly backdated the homebuilder's annual stock option grants ... Former KB Home Chief Executive Bruce Karatz pleaded not guilty in March to charges related to the stock option backdating scheme. (Fresno Bee -- Business)
Iteration Energy (ITX) announces March 31, 2009 first quarter results May 15, 2009
QUICK SEARCH BY ORGANIZATION. FREE SUBSCRIPTION SERVICES. (Canada Newswire)
SinoHub Reports Strong 2009 First Quarter Financial Results May 15, 2009
(Financial Tables Follow) SINOHUB, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) Three months ended March 31, 2009 2008 NET SALES Supply chain management services $ 1,778,000 $ 522,000 Electronic components 16,314,000 11,096,000 Total net sales 18,092,000 11,619,000 COST OF SALES Supply chain management services 82,000 148,000 Electronic components 14,175,000 9,632,000 Total cost of sales 14,257,000 9,780,000 GROSS PROFIT 3,835,000... (PR Newswire)
Hedger Capital Inc. Enters Into Letter of Intent for Acquisition of Oretech Resources Inc. May 15, 2009
There are currently 3,203,000 Hedger Shares issued and outstanding, as well as incentive stock options of Hedger exercisable into an additional 320,000 Hedger Shares ... Subject to the rules, policies and approval of the Exchange, it is contemplated that concurrently with the completion of the Acquisition, Hedger will issue additional stock options to directors, officers, employees and consultants of Hedger as approved by Oretech and in accordance with Hedger's 10% rolling stock option plan. (CCNMatthews Press Releases)
LNG Energy Announces Grant of Stock Options May 15, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 14, 2009) - LNG Energy Ltd. ("LNG Energy" or the "Company") (TSX VENTURE: - ) announces that it has granted 2,290,000 stock options pursuant to its previously approved stock option plan to directors, officers, employees and consultants of the Company. The options are exercisable over 5 years at an exercise price of $0. (CCNMatthews Press Releases)
Monterey Exploration Ltd. Announces Financial and Operating Results for the Three Months Ended March 31, 2009 May 15, 2009
04 Total Capital Expenditures(4) (000's) $ (1,818) $ 12,586 Ending Net Debt (5) (000's) $ 33,872 $ 24,101 Share Data: Outstanding: Common 32,902,500 20,045,700 Non-voting common - 5,061,096 ---------------------------------------------------------------------------- Basic 32,902,500 25,106,796 Stock options 3,135,666 2,150,666 ---------------------------------------------------------------------------- Fully diluted 36,038,166 27,257,462... (CCNMatthews Press Releases)
Bankers Petroleum announces first quarter financial and operational results May 14, 2009
In addition, the Company had approximately 11 million stock options outstanding on March 31 and May 14, 2009 ... Issued Number of Amount Common Shares ($000) --------------------------------------------------------------------- Balance, December 31, 2007 452,509,492 $ 136,513 Consolidation adjustment(*) (301,672,997) - Discontinued operations - (97,472) Private placement 22,222,222 59,749 Stock options exercised 6,179,624 15,038 Warrants exercised 3,301,838 9,569 Share issuance costs - (1,490)... (Canada Newswire)
Obama seeks rules on exec compensation May 14, 2009
And at that point, because of the prevalence of stock option and restricted stock grants, shareholders included many if not most senior managers at a large number of publicly traded companies ... The first thing to occur was that executives were to receive huge amounts of stock options as compensation, the next thing to occur, was to remove the deduction cap for executive compensation. (Atlanta Journal-Constitution -- Opinion)
Orleans Homebuilders Reports Results for Third Quarter Ending March 31, 2009 May 14, 2009
Adjusted EBITDA represents loss from continuing operations before inventory impairments, land sale impairments, write-off of debt acquisition costs, write-off of abandoned projects and other pre-acquisition costs, impairment of goodwill, stock option expense, severance charges, interest expense, previously capitalized interest amortized to residential properties cost of sales, income taxes, depreciation, amortization, and extraordinary items. For purposes of Regulation G, a non-GAAP financial... (PR Newswire)
FNX Reports First Quarter Results May 14, 2009
On April 2, 2009, 1,672,000 common share purchase options were granted to directors, officers and employees of the Company in accordance with the Company's Stock Option Plan, representing 2% of the issued and outstanding shares of the Company ... There were 84,876,776 common shares and 3,694,667 stock options outstanding on April 2, 2009 for a total fully diluted share count of 88,571,443. (CCNMatthews Press Releases)
YM BIOSCIENCES REPORTS THIRD QUARTER 2009 OPERATIONAL AND FINANCIAL RESULTS May 14, 2009
These decreases were mainly a result of stock option expenses decreasing as well as decreases in legal fees, salaries, consulting and investor relations expenditures. Licensing and product development expenses were $3. (Canada Newswire)
Recruitment boss guilty of fraud May 14, 2009
The ex-boss of recruitment firm Monster Worldwide faces up to 25 years in jail after being found guilty of fraud in a stock option backdating scheme ... Backdating stock options can allow staff to make a more profit by changing the dates when options were granted. (BBC News -- Business)
GGD Resources Inc. Proposes to Acquire Sherman Lake Gold Project and to Complete Non-Brokered Private Placement May 13, 2009
At this meeting the shareholder's of the Company will be asked to elect a new management team, as discussed below, approve a special resolution to change the name of the Company to "God's Lake Resources Inc.", and to approve a new Company stock option plan. In addition to the information provided in this press release, further details are disclosed in the information circular dated May 12, 2009 which will be posted on www. (CCNMatthews Press Releases)
Home Bancorp Announces Results of Annual Meeting of Shareholders and Stock Purchases to Fund Plan May 13, 2009
May 12 /PRNewswire-FirstCall/ -- Home Bancorp, Inc. (Nasdaq: ) (the "Company"), the parent company for Home Bank (), a Federally chartered savings bank headquartered in Lafayette, Louisiana (the "Bank"), announced that shareholders re-elected the Board's nominees, Henry W. Busch, Jr., Lester J. Dailey and John A. Hendry, to additional three-year terms and that the Company received approval of its proposals to adopt the 2009 Stock Option Plan and the 2009 Recognition and Retention Plan presented... (PR Newswire)
NewFormer Monster COO convicted of stock option fraud May 13, 2009
Former Monster COO convicted of stock option fraud ... NEW YORK The former president and chief operating officer of Monster Worldwide has been convicted in New York of wrongfully backdating millions of dollars' worth of employee stock option grants ... Stock option backdating isn't necessarily illegal as long as the stock options are properly recorded on the company's books. (Florida Times-Union)
Radio One, Inc. Reports First Quarter Results May 12, 2009
The increase in stock-based compensation was primarily due to additional stock options and restricted stock awards associated with the March and April 2008 employment agreements for the Chief Executive Officer, the Founder and Chairperson and the Chief Financial Officer. The additional expense was offset in part due to the decline in the fair value of options and grants, given the decline in the Companys stock price, cancellations, forfeitures and the completion of the vesting period for... (Yahoo! Wire -- Entertainment News)
Eliminating pay incentives for CEOs could remove incentive to innovate, study finds May 10, 2009
The most successful were those given the optimal alignment of goals and incentives - that is, a pairing of stock options with golden parachutes, or huge payouts if the executive is terminated ... "I don't think there's a lot of evidence that these incentives have made executives smarter or more efficient," said Sarah Anderson, executive pay analyst for the Institute for Policy Studies, a think tank in Washington, D.C. "Stock options were sold as a way to tie pay to performance. But, in fact,... (Boston Globe)
Brampton Brick Reports Results for the First Quarter Ended March 31, 2009 May 9, 2009
Other cash inflows for the three months ended March 31, 2008 included proceeds of $216 from the sale of property held for sale and $489 from the issuance of Class A shares upon the exercise of stock options under the Company's Stock Option Incentive Plan ... 39) --------- --------- --------- --------- Weighted average Class A and Class B shares outstanding (000's) 10,937 10,882 ---------------------------------------------------------------------------- Selected Financial Information (unaudited)... (CCNMatthews Press Releases)
FMX Ventures Inc.: Financial Statements and MD&A for the 12 Months Ended December 31, 2008 May 9, 2009
The Company had previously granted stock options to employees, directors and members of the advisory board of the Company. The stock options vested over varying time periods from the date of grant to four years and expire approximately five years from the date of grant. (CCNMatthews Press Releases)
Ex-Facet Biotech business development chief hired away May 9, 2009
Shah also was granted a 10-year, non-qualified stock option to buy up to 150,000 shares of CytRx common stock at an exercise price of 41 cents per share, the stock s price Tuesday. Shah for nine years was in senior-level business development, marketing and commercial operations jobs, including chief business officer at and PDL s December spinoff, Facet Biotech. (East Bay Business Times, CA)
Primary Corp. Issues Stock Options May 9, 2009
TORONTO, ONTARIO--(Marketwire - May 8, 2009) - Primary Corp. (TSX VENTURE: - ; the "Company") announced today that it has granted an aggregate of 500,000 incentive stock options (the "Options") to its officers and directors pursuant to the amended and restated stock option plan (the "Plan") of the Company. The Plan has received conditional approval from the TSX Venture Exchange subject to approval of the Company's shareholders at the annual and special meeting of shareholders of the Company to... (CCNMatthews Press Releases)
Vista Gold Corp. Reviews Project Activities, Announces First Quarter 2009 Financial Results and Conference Call with Management May 7, 2009
9 million and stock options exercised produced cash proceeds of US$0 ... There were no warrants or stock options exercised in the three-month period ending March 31, 2009 ... In addition, shareholders approved the amendments to Vista's stock option plan described in the information circular for the meeting, and the unallocated options issuable under the plan. (PR Newswire)
Ad-hoc: HEAD NV Announces Results for the Three Months Ended 31 March 2009 May 7, 2009
01 million of share-based compensation income for our Stock Option Plans compared to EUR 3. 4 million of share-based compensation income in the comparable 2008 period due to the decrease in our share price which led to a decrease of the liability due to the option holders. (Primezone Releases)
Furniture Brands International Reports First Quarter 2009 Financial Results May 7, 2009
FURNITURE BRANDS INTERNATIONAL CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (in thousands) (Unaudited) Quarter Ended ----------------------- March 31, March 31, 2009 2008 ---------- ---------- Cash flows from operating activities: Net earnings (loss) $ (4,176) $ 33,616 Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities: Depreciation 5,291 6,662 Compensation expense related to stock option grants and restricted stock awards 1,103 767 Provision... (Primezone Releases)
Gabriel Resources Ltd: First Quarter 2009 Report May 7, 2009
Stock Based Compensation 3 months ended March 31, in thousands of Canadian dollars 2009 2008 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- DSUs - expensed (recovered) $ 953 $ (124) Stock option compensation - expensed 1,389 520 ---------------------------------------------------------------------------- Stock based compensation - expensed $ 2,342 $ 396... (CCNMatthews Press Releases)
