Monday, April 29, 2013

Activision CEO Kotick among top-paid CEOs in U.S

(Reuters) - Videogame publisher Activision Blizzard Inc's Chief Executive Robert Kotick received a total compensation of $64.9 million last year, making him one of the top paid CEOs in the United States.

Kotick's 2012 total compensation includes about $56 million in stock awards, while there were no stock awards for 2011. His base salary doubled to $2 million, according to regulatory filings on Friday. (http://r.reuters.com/bew67t)

The $56 million in stock awards will be paid over five years and is contingent upon meeting certain goals for company performance.

Kotick, 50, also a board member of Coca-Cola Co, was paid $8.33 million in 2011 by Santa Monica-based Activision.

The company's revenue and net income, however, rose only in single digits for 2012, slower than the growth rate it saw in 2011.

Activision's Kotick makes more than three times the $21 million pay package received by Goldman Sachs Group Inc's CEO Lloyd Blankfein in 2012, and it is 50 percent higher than Walt Disney Co CEO Robert Iger's $40.2 million compensation in 2012.

Kotick has been a director and CEO of Activision Inc since February 1991, and in July 2008, he became CEO of Activision Blizzard in connection with the combination of Activision and Vivendi Games.

(This story was corrected to show that $56 million will be paid over five years and is contingent upon company performance)

(Reporting by Thyagaraju Adinarayan in Bangalore; Editing by Lisa Shumaker and Maureen Bavdek)

Source: http://news.yahoo.com/activision-ceo-kotick-among-top-paid-ceos-u-200813305.html

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Friday, April 26, 2013

Mssing Brown student's body found in Providence River

By Richard Weizel

BOSTON (Reuters) - A body found floating in the Providence River was that of a 22-year-old Brown University student who had been missing for more than a month, Rhode Island officials confirmed on Thursday.

The body of Sunil Tripathi, who had been missing since March 16, had been found by the university's men's crew team late on Tuesday.

"We have been able to conclusively determine the body is that of Sunil Tripathi, but will not be able to determine the cause of death for several months," said Dara Chadwick, a spokeswoman for the Rhode Island Department of Health.

The case received national media attention after social media websites last week lit up with a false rumor that Tripathi, who was on an approved leave from Brown, was one of the suspects in the Boston Marathon bombings.

The actual suspects have been identified as brothers Tamerlan and Dzhokhar Tsarnaev.

While Tripathi's family blasted those reports last week, they posted a statement of thanks on Thursday on a special website which had been set up to help find the missing student.

"As we carry indescribable grief, we also feel incredible gratitude," the family said. "To each one of you - from your hometown to many distant lands - we extend our thanks for the words of encouragement, for your thoughts, for your prayers and for the love you have generously shared."

Brown University President Christina Paxson said on Thursday: "We extend our deepest condolences to Sunil's family for their loss and for the immeasurable pain they have endured during this period."

The university plans a memorial service for Tripathi on Saturday afternoon.

(Reporting by Richard Weizel in Milford, Connecticut; editing by Scott Malone, G Crosse)

Source: http://news.yahoo.com/body-found-providence-river-identified-missing-student-172807069.html

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Sunday, April 21, 2013

The threat of foreclosure on a real estate contract (NM)...am I in ...

In December 2011 my fiance and I were looking to find a home, but both have poor credit. Our options led us into a real estate contract (or others may say owner financing). We needed 10% down and were able to do so. Now we have a title and contract in our names and all payments go through escrow for disbursement to the seller and the underlying mortgage (basically it is a wrap around mortgage). Contract states that payment is late after the 5th of the month and a $100 late fee will applied as well as $125 demand letter fee that is sent certified stating we are in default and have 30 days to get current.
Anyway, times have been tough, and for the past 4 or 5 months we have recieved the demand letter and have gotten current within the allowed 30 days including the $225 in fees. We can refinance at anytime but have 5-7 years per the contract, which I thought would be sufficient time to repair my credit. Unfortunately the seller texted me that the mortgage holder is looking into the late payments and may look into foreclosure. Is this an empty threat because I am getting current within the allowed time (ASAP actually), or should I be very concerned and talk my father in law into helping us refinance.
This should be the last month that this happens. We are on the up 'n' up and will be on time for May. Thanks for any input....

Source: http://www.worldlawdirect.com/forum/mortgages-refinancing-foreclosure/71002-threat-foreclosure-real-estate-contract-nm-am-i-danger.html

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Internet Website Development For Online Business Creating ...

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Source: http://targase.typepad.com/blog/2013/04/internet-website-development-for-online-business-creating.html

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Friday, April 12, 2013

Ultra-Slim Multitools Are a Smuggler's Dream Come True

Stat Key, makers of fine novelty-shaped keys, is expanding its brand to include a line of ultra-thin and ultra-simple tools called the Every Day Carry Multitools. Made from stainless steel covered in military grade anticorrosive ceramic, there's a good chance the Stat EDC tools will outlive you. More »
    


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/lx0NdalI7Zg/ultra+slim-multitools-are-a-smugglers-dream-come-true

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