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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.

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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.

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South Africa: 'SAA Needs Cash Injection'

2014-11-10 11:17:51| Airlines - Topix.net

The Portfolio Committee on Public Enterprises conducted an oversight visit to South African Airways , a state-owned company, earlier today. The visit to the airline was for members of the Committee to understand the challenges that SAA is facing, in particular relating to governance instability, the resignation of board members and suspension of the Chief Executive Officer and financial difficulties that the company is experiencing.

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Chicago Bridge & Iron: Temporary Negative Cash Flow Leads To Golden Opportunity

2014-11-09 14:24:56| Industrial Machines - Topix.net

The common stock of Chicago Bridge and Iron has declined 45% from its high of $89 in April. A first glance at the stock and it is easy to identify the cause.

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Duly Noted: Sears seeks more cash with possible REIT play

2014-11-08 08:29:00| Beverages - Topix.net

In today's "Movers & Shakers," Bloomberg's Betty Liu reports on a surprise retirement announcement at Pepsico. She speaks on Bloomberg Television's "In The Loop."

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