First Gen seeks SEC nod on ESOP.
Byline: ANA MARIE MACUJA Lopez-controlled First Generation Holdings Corporation (First Gen) has filed an application with the Securities and Exchange Commission to implement an Employee Stock Purchase Plan (ESOP) concerning some 113,071 of its shares. In a company filing submitted to the Securities and Exchange...

NEWS IN BRIEF; P/ $ rate closes at P53.25 to $ 1.
The peso rate closed slightly higher at P53.25 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P53.29 the previous day. The weighted average rate depreciated to P53.313 from P53.30. Total volume amounted to $394 million. 5-yr bond...

NEWS IN BRIEF; P/$ rate closed at P53.115 to $ 1.
The peso rate closed at P53.115 to the US dollar last Friday at the Philippine Dealing System of the Bankers Association of the Philippines. The weighted average rate stands at P53.055. Interest payments lower in May Interest payments by the National Government dropped in May...

Bi-Mart chain seeks to sell to employees.
Byline: Edward Russo The Register-Guard Hoping to keep Bi-Mart Corp. Northwest owned and operated, the owners of the Eugene-based chain - one of Lane County's biggest and best-known companies - are seeking to sell the business to their workers. In the next month, about 2,300...

To buy or not to buy.
Byline: The Register-Guard Bi-Mart employees wondering whether to liquidate a big chunk of their retirement savings for a chance to purchase the company have a lot to consider before making a final decision. While each employee must measure the merits of a risky proposal against...

City, county reach accord with PERS.
Byline: Randi Bjornstad The Register-Guard CORRECTION (ran 1/28/04): The city of Eugene pays an additional 26.62 cents per dollar of payroll to cover its costs under the Public Employees Retirement System. That amount includes the 6 percent employee share, which the city covers. A story on Page...

Employees pool funds, opt to purchase Bi-Mart.
Byline: Sherri Buri McDonald The Register-Guard It appears that Bi-Mart workers, voting with their dollars, have decided to purchase the Eugene-based retail chain from its current owners, employees said Friday. Company officials declined to confirm that, however. The company will not comment until...

P/$ rate closes at P56.275 to $1.
The peso closed higher at P56.275 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P56.30 last Friday. The weighted average rate depreciated to R56.298 from P56.271. Total volume amounted to $148 million. ECoP puts up institute ...

NBAA 2001: bizjet market survives crisis: as US carriers struggle, the postponed NBAA Show confirmed that the corporate jet market is still looking strong ... thanks to fractional ownership. (Air Transport & General Aviation).
Airlines had been losing ground to the business jet industry before the 9/11 attacks. The rapid growth of fractional jet ownership was ample evidence that travellers and their employers were beginning to find alternatives to airline travel. Fully loaded flights, over-subscribed upgrade lists, the risk of missed connections and...

The promise of common ground. (The Shape of Things to Come).
IN THE 1990s INVESTORS learned there was a middle ground between the hostile takeover and the Wall Street Walk -- and that middle ground became the corporate governance movement. But the corporate governance movement has often left unanswered the question of how those governance mechanisms should be used. ...