CEO evaluation: a process that worked.
Ronald A. Matricaria was named the president and chief executive officer of St. Jude Medical Inc. in 1993. St. Jude Medical had achieved record financial performance and possessed an exceptionally strong balance sheet, but shareholders were concerned about future growth and maximization of long-term shareholder value. Recruited from Eli...

Globe nets P13.3 B in 2007, up 13%.
Byline: EMMIE V. ABADILLA Globe Telecom sustained its growth momentum into the fourth quarter of 2007, closing the year with record performance. Consolidated service revenues posted 11 percent year-on-year increase to reach a new peak of R63.2 billion, driven by growth of 11 percent and...

Martin Marietta announces record results for fourth quarter, full year.
Martin Marietta Materials Inc. reported financial results for the fourth quarter and year ended December 31, 2004. Net earnings of $37.0 million, or $0.77 per diluted share, was at a record level for the quarter. For the year, net earnings of $129.2 million, or $2.66 per diluted share, was...

Readability of management's discussion and analysis for local governments.
ABSTRACT The Governmental Accounting Standards Board issued Statement 34 in June 1999, requiring governmental entities to prepare a Management Discussion and Analysis (MD&A) as part of their Comprehensive Annual Financial Reports. Statement 34 also reiterated that citizens are considered users of governmental financial statements and the MD&As....

Neither an auditor nor an editor be: how directors should approach their role in reviewing periodic reports.
IT IS NO SURPRISE that now, more than ever, regulators and investors are more carefully scrutinizing the accuracy and adequacy of the SEC filings made by public companies--and in particular their annual and quarterly reports. Directors, particularly those on the audit committee, have oversight responsibilities for these...

How to get informed about your competing investor-owned utility.
The primary target of the great general is the mind of the opposing commander. Sun Tzu, The Art of War Successful strategic planning requires the participants to put themselves in the minds of their competition's strategic planners. To do this, one must become knowledgeable about the competition and...

Sarbanes Oxley Act Section 404: effective internal controls or overriding internal controls?
Abstract The principal objectives of the Sarbanes Oxley Act (SOX) are to minimize the possibility of financial statement fraud in publicly traded corporations and to minimize the possibility of external auditors endorsing falsified financial statements. Implementation of the act has gone well with the exception of Section...

Bank sends out good news.
Byline: Joe Mosley The Register-Guard Eugene-based Pacific Continental Corp., the holding company for Pacific Continental Bank, took the unusual step this week of issuing a "pre-announcement" of its financial report for the fourth quarter of 2007 - a move that bank officials said was made to reassure...

Business briefs.
COLUMN: BUSINESS BRIEFS TELEGRAM & GAZETTE Bloomberg Index Central Massachusetts +0.71 186.58 Volume: 39,861,522 Up: 12 Down: 12 Unchanged: 8 Gainer: Valpey-Fisher Corp. $6.65 +$.95 (volume of...

Business briefs.
COLUMN: BUSINESS BRIEFS TELEGRAM & GAZETTE Bloomberg Index Central Massachusetts -1.24 182.09 Volume: 57,394,002 Up: 16 Down: 9 Unchanged: 7 Gainer: Waters Corp. $61.27 +$0.80 (volume of 938,300 shares)...