(Reuters) - Greifeld, 49, also had a $3.68 million gain from the vesting of 100,000 shares.
Compensation is based on salary, bonus, the value of stock options and other awards granted during the year, and incentives and perks.
Read more at Reuters.com Business News
Friday, April 20, 2007
UPDATE 1-Decision over Wolfowitz delayed until next week
(Reuters) - WASHINGTON, April 20 - The fate of World Bank President Paul Wolfowitz will be determined next week when a bank committee reports on whether a promotion he approved for his girlfriend was properly handled, sources said on Friday.
It remains unclear whether the controversial former Bush administration official will be forced to resign, face a stiff reprimand or win a last-minute reprieve that would let him finish the remaining three years of his tenure.
Read more at Reuters.com Bonds News
It remains unclear whether the controversial former Bush administration official will be forced to resign, face a stiff reprimand or win a last-minute reprieve that would let him finish the remaining three years of his tenure.
Read more at Reuters.com Bonds News
House approves "say on pay" for shareholders
(Reuters) - By a 269-134 vote, the House passed the "say on pay" bill drafted by Massachusetts Democrat Barney Frank, chairman of the Financial Services Committee, amid soaring pay for chief executives and rising worries about U.S. income inequality.
The measure would require corporations to hold the symbolic shareholder votes on pay each year, but they could ignore the outcomes. The measure is meant to make boards of directors think twice before giving massive pay packages to managers.
Read more at Reuters.com Government Filings News
The measure would require corporations to hold the symbolic shareholder votes on pay each year, but they could ignore the outcomes. The measure is meant to make boards of directors think twice before giving massive pay packages to managers.
Read more at Reuters.com Government Filings News
Coffee Falls, Capping First Weekly Drop This Month, as Brazil Exports Gain
(Bloomberg) -- Coffee fell in New York, ending with its first weekly loss in April, as exports from Brazil and stockpiles in exchange-monitored warehouses continue to rise.
Shipments from Brazil, the world's largest grower, rose to 1.26 million bags this month, a 5.9 percent increase from the same period a month earlier, according to Brazil's coffee exporters' council. Stockpiles in warehouses tracked by the New York Coffee, Sugar & Cocoa Exchange climbed to more than 4 million bags on April 18, the highest since December 2005.
Read more at Bloomberg Commodities News
Shipments from Brazil, the world's largest grower, rose to 1.26 million bags this month, a 5.9 percent increase from the same period a month earlier, according to Brazil's coffee exporters' council. Stockpiles in warehouses tracked by the New York Coffee, Sugar & Cocoa Exchange climbed to more than 4 million bags on April 18, the highest since December 2005.
Read more at Bloomberg Commodities News
Venezuelan Currency Falls Versus Dollar as Demand Exceeds Official Rate
(Bloomberg) -- Venezuela's currency fell in unregulated trading as the government's sale of dollars at the official exchange rate failed to meet corporate demand.
The bolivar fell 0.7 percent to 3,650 to the dollar in the parallel market at 11 a.m. New York time from 3,525 yesterday. The government has the bolivar pegged at an official exchange rate of 2,150 per dollar under currency restrictions it imposed in 2003.
Read more at Bloomberg Currencies News
The bolivar fell 0.7 percent to 3,650 to the dollar in the parallel market at 11 a.m. New York time from 3,525 yesterday. The government has the bolivar pegged at an official exchange rate of 2,150 per dollar under currency restrictions it imposed in 2003.
Read more at Bloomberg Currencies News
Hogs Fall on Drop in U.S. Pork Exports; Cattle Futures Decline on Demand
(Bloomberg) -- Hogs in Chicago fell for the third day in four after the U.S. said pork exports declined. Cattle futures fell amid slack beef demand.
U.S. pork exports fell to 249 million pounds in February, down 10 percent from the previous month, the U.S. Department of Agriculture said this week. Japan, the largest overseas buyer of pork, bought 86 million pounds, 18 percent less than in January.
Read more at Bloomberg Commodities News
U.S. pork exports fell to 249 million pounds in February, down 10 percent from the previous month, the U.S. Department of Agriculture said this week. Japan, the largest overseas buyer of pork, bought 86 million pounds, 18 percent less than in January.
Read more at Bloomberg Commodities News
UPDATE 1-U.S. Treasury refunding queries show uncertainty
(Reuters) - In a questionnaire distributed to the 22 member firms of the Treasury Borrowing Advisory Committee ahead of its next quarterly refunding meeting on May 1, the Treasury also sought advice on whether elevated levels of secondary market trading of Treasury securities would continue.
"Given your assessments of budget projections and the economic outlook, please discuss the suitability of Treasury's current financing schedule given your expectations of financing needs going forward," the Treasury asks in the questionnaire.
Read more at Reuters.com Bonds News
"Given your assessments of budget projections and the economic outlook, please discuss the suitability of Treasury's current financing schedule given your expectations of financing needs going forward," the Treasury asks in the questionnaire.
Read more at Reuters.com Bonds News
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