Agra president's 1998 pay package topped $1-million

Article Abstract:

Agra Inc. President Alexander Taylor has more than C$1 million in his 1998 pay package, based on a recent proxy circular released to Agra shareholders. For the fiscal year ended July 31, 1998, Taylor earned C$450,000 in salary, C$440,000 in bonus, and C$151,945 in other compensation, which includes retirement savings. Agra VP of Corporate Affairs and Investor Relations David Paterson clarifies that Taylor, whose bonus is based on the company's earnings, was unable to receive a bonus for the fiscal 1997 when the company posted losses. However, Taylor's 1997 pay package still exceeded C$1.3 million. Calgary, Alberta-based Agra is an engineering and construction firm, with C$30.8 million in earnings for the 1998 fiscal year.

Comment:

President Alexander Taylor has more than C$1 mil in his 1998 pay package, which includes salary, bonus & other compensation

Management development, Alberta, Article, Agra Inc.

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Shares of Halliburton's KBR take off

Article Abstract:

The shares of KBR Inc., former engineering and construction unit of Halliburton Corp., raised $3.75 after the announcement of initial public offerings. The analysts say that the separation of Halliburton and KBR helped former company to grow more.

Engineering services, Engineering for Plastic, Rubber Prodcts, Engineering firms, KBR Inc., KBR

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Nymex shares soar on hectic first day

Article Abstract:

The reasons for the rise in the share prices of Nymex Holdings Inc., are discussed.

Parent-to-subsidiary activities, Subsidiary-to-parent activities, Security and Commodity Services, Commodity contracts brokers, dealers, Commodities industry, New York Mercantile Exchange Inc., Subsidiaries, divisions and units

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