According to "Topix.net", The board of directors of Qwest Communications International
awarded CEO Richard Notebaert
approximately 1.46 million restricted shares and stock options to buy
an additional 2.33 million shares at $6.15 per share, according to
documents filed with securities regulators after Friday’s close of
trading. The award and options can be exercised only if Qwest’s stock
price averages $7.50 or above for 188 consecutive trading days from now
to Feb. 16, 2008, or above $8 for 188 days from Feb. 17, 2008, to Feb.
16, 2010. Alternatively, should Qwest close a "merger, consolidation,
reorganization or asset sale transaction," the awards will vest on the
closing date, according to U.S. Securities and Exchange Commission
filings. The company has a similar arrangement with CFO Oren G. Shaffer for proportionally smaller amounts.
Home Depot
will report results for the fourth quarter on Tuesday before the start
of trading. Analysts polled by Thomson First Call expect the home
improvement retailer to report earnings of 56 cents per share on
revenue of $18.74 billion. In the year-ago period, Home Depot reported
earnings of 47 cents per share on revenue of $16.81 billion. Credit
Suisse said on Tuesday strong quarterly results recently reported by Masco ,
Home Depot’s biggest supplier, bode well for the earnings outlook. The
research firm rates Home Depot shares at "overweight" with a $50 price
target. "The investment story we believe is quite compelling," it added.
Source: http://www.forbes.com/
