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A $195 Million Exit for United Technologies CEO
2015-02-07 00:34:03| Paper - Topix.net
Mr. Chenevert will depart the company with a package of stock options and deferred compensation that could be worth nearly $200 million, according to an analysis by ClearBridge Compensation Group. The package includes previously vested and unexercised stock options worth about $136.3 million, along with about $31 million in pension benefits, ClearBridge said.
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It's always vacation somewhere: How Tommy Bahama expanded its sales to more than $600 million
2015-02-07 00:31:45| Apparel - Topix.net
Online sales and a push into colder climates has caused Seattle retailer Tommy Bahama's business to grow rapidly in the last several years. Before the recession, the Seattle casual clothing retailer did 80 percent of its business through wholesale, by selling its products to retailers such as Nordstrom and Macy's to be sold in the department stores.
Chinese government may be behind Anthem hack that exposed data of up to 80 million people
2015-02-06 22:19:01| Extremetech
The massive Anthem hack yesterday has been tentatively identified as a Chinese operation according to investigators. The attack was likely motivated by something other than a pure profit motive, but may have exposed details on up to 80 million people.
CAE profits up 15 per cent to $53 million in Q3 on $559 million of revenues
2015-02-06 16:54:41| Electronics - Topix.net
Flight simulator and training company CAE Inc. says its net income attributable to shareholders increased 15 per cent in its latest quarter to $53 million. The Montreal-based company earned 20 cents per share for the three months ended Dec. 31, one cent above analyst expectations.
CAE profits up 15 per cent to $53 million in Q3 on $559 million of revenues
2015-02-06 16:27:28| Industrial Machines - Topix.net
Flight simulator and training company CAE Inc. says its net income attributable to shareholders increased 15 per cent in its latest quarter to $53 million. The Montreal-based company earned 20 cents per share for the three months ended Dec. 31, one cent above analyst expectations.
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