Google Chairman Eric Schmidt will receive a stock award valued at $100 million, plus a discretionary cash bonus of $6 million, the company said in a Tuesday filing.
Forbes ranked Schmidt among the world's wealthiest in 2013, with a net worth of about $8.3 billion, largely from his stake in Google. Even with Wall Street's recent slide, Google shares, which closed Tuesday at $1,138.16, are up nearly 50% from their 52-week lows.
Google's board said its compensation committee awarded the stock grant and cash "in recognition of (Schmidt's) contributions to Google's performance in the last fiscal year.
The stock vests over a four-year period, beginning in 2015.
Schmidt, 58, was CEO of the Internet search giant until 2011, ending a 10-year run, when he was named executive chairman. At the time, Google awarded him compensation valued at $101 million.
10 Best Healthcare Equipment Stocks For 2015: Triangle Petroleum Corporation (TPLM)
Triangle Petroleum Corporation engages in the acquisition, exploration, development, and production of unconventional shale oil and natural gas resources in the Bakken Shale and Three Forks formations in the Williston Basin of North Dakota and Montana. As of January 31, 2013, the company held leasehold interests in approximately 86,000 net acres in McKenzie and Williams Counties of North Dakota, and Roosevelt and Sheridan Counties of Montana. It also holds an 87% working interest in approximately 412,924 net acres of oil and natural gas leases in the Windsor Sub-Basin of the Maritimes Basin located in Nova Scotia, Canada. In addition, the company offers hydraulic pressure pumping and complementary well completion services to oil and natural gas exploration and production companies in the Williston Basin of North Dakota and Montana. The company was formerly known as Peloton Resources Inc. and changed its name to Triangle Petroleum Corporation in May 2005. Triangle Petroleum Corporation was incorporated in 2003 and is headquartered in Denver, Colorado.
Advisors' Opinion:- [By John Udovich]
Small cap Triangle Petroleum Corporation (NYSEMKT: TPLM), just like its peers Emerald Oil Inc (NYSEMKT: EOX) and Kodiak Oil & Gas Corp (NYSE: KOG), is focused on the Williston Basin�� Bakken and Three Forks formations and the company is scheduled to release second quarter fiscal year 2014 financial results after the close of trading�next Monday.�And the last time earnings were reported, shares jumped around 10% plus management gave some rosy commentary for investors. With that in mind, should investors in Triangle Petroleum Corporation be ready for another earnings report that excites the bulls?
- [By Tyler Crowe]
Despite the fact that Kodiak Oil & Gas (NYSE: KOG ) has decided to be acquired by Whiting Petroleum (NYSE: WLL ) for slightly less than market value for similar deals recently, Wall Street seems to love the transaction. Both Kodiak and Whiting have seen shares climb by 10.1% and 10.4%, respectively, following the announcement, which suggests there might have been something bigger to the deal. Let's take a look at what has changed recently for Kodiak and how that could impact other smaller players in the Bakken such as Oasis Petroleum (NYSE: OAS ) and Triangle Petroleum (NYSEMKT: TPLM ) .
- [By Bret Jensen]
Triangle Petroleum (TPLM) came within pennies of doubling since I profiled it at $5.40 a share back in June on Friday. This was twenty months before my prediction that the fast growing concern could achieve those levels. Triangle shows there can quite a bit a value still left among the smaller Bakken players. I view these small E&P firms almost like biotechs and use the same form of "shotgun investing" I do with that sector. Here are two small Bakken producers which could award aggressive growth investors in the future.
Top 5 Industrial Disributor Companies To Buy Right Now: Inteliquent Inc (IQNT)
Inteliquent Inc, formerly Neutral Tandem, Inc., doing business as Inteliquent, incorporated on April 19, 2001, provides solutions for voice, data, and hosted services globally. With over 120 Ethernet sites across four continents, the Company is a global Ethernet interconnection provider, and has an Internet protocol version 6 (IPv6) network. Inteliquent is a network solutions provider, offering intelligent networking to solve interconnection and interoperability issues on a global scale. With multiprotocol label switching (MPLS) network, which is interconnected to carriers globally, it provides voice, Internet protocol (IP) transit and Ethernet solutions to carriers, service providers, and content management firms based in over 80 countries, across six continents. Its IP Transit provides bandwidth for Internet service providers (ISP), mobile operators, Telcos, enterprises and content providers. In September 2012, it announced the establishment of its Turkish subsidiary, as well as its strategic alliance with Turkey's Turkcell Superonline. In April 2013, Neutral Tandem Inc acquired the global data services business of Global Telecom & Technology Inc.
The Company simplifies the complexities of data networking by making interconnection. Its EtherCloud transforms and simplifies the delivery of Ethernet and virtual private local area network (LAN) service (VPLS) services over a global footprint. A layer-II platform, EtherCloud connects partner networks into a seamless Ethernet cloud, which delivers end-to-end connectivity globally. It relies on Inteliquent�� global MPLS backbone as a distributed switched network, which is accessible in 120 point of purchases (PoPs) across four continents, to interconnect partners��networks through standardized external network-to-network interfaces (E-NNIs). By interconnecting partner networks to create one holistic Ethernet cloud, EtherCloud enables you to both source and to sell Ethernet and VPLS connectivity. It provides a one-stop-shop to conne! ct globally.
The Company provides a range of voice services. Inteliquent's voice services include streamlined session initiation protocol (SIP) interconnection options for domestic and international long distance traffic. It offers terminating and originating access, which supports billions of minutes of billable traffic each month. Its services include Access Homing Tandem and Gateway Tandem Services. It has the first wholesale, white-label hosted collaboration solution to be resold by value added resellers (VAR) and system integrators (SI). The hosted collaboration solution (HCS) offers a range of unified communication products and services, including single number reach, integrated messaging and presence, video calling, and WebEx integration.
Advisors' Opinion:- [By Rick Munarriz]
Briefly in the news
Shares of Chipotle Mexican Grill (NYSE: CMG ) hit a new 52-week high after posting stronger revenue than analysts were expecting. The burrito roller also indicated that menu price increases are on the way in a move that will increase margins. Netflix (NASDAQ: NFLX ) also landed a fresh 52-week high, but it doesn't report until next week. The big push for the leading video service was a dozen Emmy nominations for House of Cards and Arrested Development. There's always a model-affirming Emmy nod in the banana stand. Inteliquent (NASDAQ: IQNT ) moved sharply higher after jacking up its revenue and adjusted EBITDA targets for the year. The provider of wholesale voice services had hosed down its outlook in May.
And now let's take a quick look at some of the other stories that shaped our week. - [By alicet236]
Inteliquent Inc. (IQNT): CEO G. Edward Evans Sold 179,192 Shares
CEO of Inteliquent Inc. (IQNT) G. Edward Evans sold 179,192 shares on 05/07/2014 at an average price of $14.52. Inteliquent Inc. provides wholesale voice services for carriers and service providers. Inteliquent Inc. has a market cap of $468.794 million; its shares were traded at around $14.45 with a P/E ratio of 8.50 and P/S ratio of 2.10. The dividend yield of Inteliquent Inc stocks is 1.82%.
- [By Steve Symington]
In fact, I had one such moment last year when I finally sold my shares of Inteliquent (NASDAQ: IQNT ) �around $12 per share after holding them for much less time than I had originally planned. At the time, the stock had already been beaten down from its 2009 highs over $30 per share, and I had high hopes that the company might eventually regain its former glory.
- [By The GeoTeam]
The largest single event the company has achieved is the acquisition of Tinet from Inteliquent (IQNT) , which had been IQNT's global data business. IQNT provides services to telecom providers, helping them deliver their network reach. With the divestiture of Tinet, IQNT's major focus is the delivery of voice versus data services.
Top 5 Industrial Disributor Companies To Buy Right Now: (AMC)
AMC Entertainment Holdings, Inc., through its subsidiaries, operates as a theatrical exhibition company in the United States and internationally. As of June 30, 2011, it owned, operated, or had interests in 357 theatres and 5,098 screens in 31 states and the District of Columbia, and 4 countries outside the United States. The company was founded in 1920 and is headquartered in Kansas City, Missouri. As of August 30, 2012, AMC Entertainment Holdings, Inc. operates as a subsidiary of Dalian Wanda Group Corporation Ltd.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
www.sixflags.com Major market indexes may be hitting new highs, but not everyone is celebrating. Given the lofty stock valuations and slowly expanding economy, many investors are starting to hunt for high-yielding stocks that can provide some steady income to help offset any upcoming market declines. Utility stocks, real estate investment trusts and limited partnerships are magnetic because of their chunky yields, but let's look beyond the obvious high-payers. Let's check out a few investments generating high payouts in some unlikely places. Six Flags (SIX) -- 5.1 percent yield It seems as if you can't run an amusement park chain as a public company without rewarding your stakeholders with some spending money for the next time they hit the park. This can probably be attributed to Cedar Fair (FUN), which as a limited partnership shells out most of its profits as distributions. This translated into a head-turning yield of 5.7 percent. Six Flags isn't too shabby, presently yielding more than 5 percent. Even SeaWorld (SEAS) is now brandishing a yield north of 4 percent, largely the result of losing nearly a third of its value after a poorly received quarterly report a few weeks ago. Running a theme park isn't cheap. It takes frequent sizable investments during the off-seasons to beef up the attractions. However, Six Flags is finding a way to build out its gated attractions while still being able to return money to its shareholders. Mattel (MAT) -- 4.3 percent yield Barbie, Hot Wheels and American Girl are just some of the famous playthings produced by Mattel. Barbie sales have slowed in recent years, plunging 15 percent in Mattel's latest quarter, and having a few more hit toys and games this upcoming holiday season wouldn't hurt. The toy-making giant has been struggling lately, missing Wall Street's profit targets in each of the past three quarters. Still, toy makers apparently don't play games when it comes to their payouts. Rival Hasbro (HAS) -- the to
Top 5 Industrial Disributor Companies To Buy Right Now: Express-1 Expedited Solutions Inc.(XPO)
XPO Logistics, Inc. provides third-party logistics services using a network of relationships with ground, sea, and air carriers in the United States, Mexico, and Canada. It operates in three segments: Express-1, Concert Group Logistics, and Bounce Logistics. The Express-1 segment offers ground expedited surface transportation services for freight. It operates a fleet ranging from cargo vans to semi tractor trailer units. The Concert Group Logistics segment provides domestic and international freight forwarding services through a network of independently owned stations. Its domestic freight forwarding services include air charter, expedites, and time sensitive services, as well as cost sensitive services comprising deferred delivery, less than truckload, and full truck load services; and international freight forwarding services consist of on-board courier and air charters, time sensitive services, less-than-container and full-container-loads, and vessel charters. This segm ent also offers documentation on international shipments, customs clearance and banking, trade show shipment management, time definite and customized product distributions, reverse logistics and on site asset recovery projects, installation coordination, freight optimization, and diversity compliance support services. The Bounce Logistics segment provides premium freight brokerage services for truckload shipments. The company serves approximately 4,000 retail, commercial, manufacturing, and industrial customers through 6 U.S. operations centers and 22 agent locations. It offers its services to the automotive manufacturing, automotive components and supplies, commercial printing, durable goods manufacturing, pharmaceuticals, food and consumer products, and high tech sectors. The company was formerly known as Express-1 Expedited Solutions, Inc. and changed its name to XPO Logistics, Inc. in September 2011. XPO Logistics, Inc. was founded in 1989 and is based in Buchanan, Michi gan.
Advisors' Opinion:- [By Jake L'Ecuyer]
XPO Logistics (NYSE: XPO) shot up 7.06 percent to $30.01 after the company announced its plans to acquire Pacer International (NASDAQ: PACR) in a deal valued at $335 million.
- [By Vera Yuan]
We initiated a new position in Aircastle Ltd. (AYR), an aircraft leasing company with a flexible business model and a rational capital allocation philosophy. We took advantage of an opportunity to purchase shares in the heavily capitalized Georgia bank State Bank Financial Corp. (STBZ) as the depressed stock price reflected investors��lack of patience with a slower than expected pace of capital deployment. We like State Bank�� management team led by Georgia banker Joe Evans. This management team has experience successfully building and selling other Georgia banks. We also received shares of transportation infrastructure company XPO Logistics, Inc. (XPO) as a result of its acquisition of holding Pacer International, Inc.
- [By Travis Hoium]
What: Shares of XPO Logistics (NYSE: XPO ) jumped 13% today after announcing an acquisition.
So what: The company will pay $365 million for logistics provider 3PD, consisting of $357 million in cash an $8 million in XPO restricted stock. Is will use its own cash and borrow $195 million from Credit Suisse Group for the remainder of the purchase. �
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