March 23, 2008

3Com shareholders OK defunct $2.2B deal

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“We don’t believe the deal is terminated” In approving a defunct $2.2 billion buyout by Bain Capital Partners LLC and its Chinese partner, 3Com shareholders cleared the way for a legal battle over a $66 million breakup fee. via The Jersey Journal

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Media General CEO’s Pay Exceeds $2 Million In 2007

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The chief executive officer of struggling newspaper publisher and television station operator Media General received executive compensation valued at more than $2 million during 2007, according to a regulatory … via Tampa Bay Online

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SEC suspends trading on Afroil, Capital Oil shares

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F OLLOWING the conclusion of an investigation conducted by the Securities and Exchange Commission on the indiscriminate rise in the share prices of Afroil Plc and Capital Oil Plc without justification, trading … via Guardian Newspapers

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Conseco posts tentative earnings

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Insurance company Conseco Inc. on Monday reported a preliminary fourth-quarter loss after paying preferred dividends of $72.2 million, or 39 cents per share, and warned the results could change. via CNN

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SEC: WP Carey & Co. to Pay $30 Million in Settlement

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The U.S. Securities and Exchange Commission said Tuesday that W.P. Carey & Co. will pay $30 million to settle allegations that it failed to disclose compensation it paid to broker-dealers. Mark K. Schonfeld, … via Canadian Business Magazine

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VF Corp.’s McDonald made more than $9.5 million in 2007

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Published: Monday, March 17, 2008 at 2:58 p.m. Last Modified: Monday, March 17, 2008 at 2:58 p.m. VF Corp. via StarNewsOnline.com

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US Steel CEO Surma compensated $8.9 million in 2007

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United States Steel Corp. Chief Executive John P. Surma received compensation valued at $8.94 million in 2007, about 5 percent more than he got the previous year, despite the company’s slumping results, a … via Indiana Gazette Online

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General Dynamics CEO gets $15.6M in 2007, down slightly

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The chairman and chief executive of defense contractor General Dynamics Corp. received $15.6 million in salary and compensation in 2007, slightly less than the prior year, according to an Associated Press … via Hampton Roads Daily Press

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H&R Block Director Richard C. Breeden Buys 2.4 Million Shares

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The chairman of tax preparer H&R Block Inc. bought 2.4 million shares of common stock this week, according to a Securities and Exchange Commission filing Thursday. via Canadian Business Magazine

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Kohl’s Corporation Announces Filing of its Annual Report on Form 10-K

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Kohl’s Corporation announced today that it has filed its Annual Report on Form 10-K, including complete audited financial statements for the fiscal year ended February 2, 2008, with the Securities and Exchange … via Earth Times

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