BRIEFCASE.Byline: - Staff and Wire Services DirecTV making changes at the top EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and - Fox Sports Chairman and Chief Executive Officer David Hill David Hill may refer to one of a number of people with this name:
As part of a new organizational structure  This article has no lead section.To comply with Wikipedia's lead section guidelines, one should be written. , DirecTV also announced the appointments of John Suranyi as president of DirecTV Sales and Service, and Bruce Churchill as president of DirecTV Latin America and New Enterprises. Suranyi was previously executive vice president of Customer Satisfaction, and Churchill was former chief financial officer for The DirecTV Group and president of DirecTV Latin America. Mike Palkovic will assume chief financial officer responsibilities for the entire DirecTV organization. Guitar Center Inc. cuts projection WESTLAKE VILLAGE - Guitar Center Inc. on Thursday downgraded its first quarter projected comparable store sales. Sales are expected to be in the range of 3 percent to 5 percent, which is a reduction from the previously provided range of 4 percent to 6 percent. Officials said the company continues to believe, based on current business trends, that its diluted earnings per share diluted earnings per share An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of for the quarter will be within the guidance of 48 cents to 52 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. . Based on those same business trends, consolidated net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight are also likely to be within the guidance of $390.6 million to $399 million, but at the low end of that range. Price of oil gushes to all-time highs WASHINGTON - Oil prices soared to new highs Thursday, promising higher gasoline prices and leaving some analysts saying the upward run defies gravity. U.S. light crude rose past $57 a barrel Thursday as traders shrugged off the promise a day earlier by the world's major oil producers to increase production. That puts oil prices about 50 percent higher than they were this time last year. Gasoline prices are still lower than their 1981 highs, which in today's dollars would top $3 a gallon. Qwest raises bid by a half-billion DENVER - In the biggest telecom takeover battle since it won U S West in 1999, Qwest Communications International Inc. boosted its bid to acquire MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. Inc. on Thursday, hopeful $8.45 billion will be enough to break up the long-distance carrier's plan to merge with Verizon Communications Inc. The nearly half-billion dollar increase - making Qwest's offer $1.8 billion higher than the current value of MCI's deal with Verizon - was sure to intensify pressure on MCI's board to either switch merger partners or squeeze more money from Verizon. HealthSouth exec sticks by his story BIRMINGHAM, Ala. - A former HealthSouth Corp. executive lashed out at both prosecutors and the defense Thursday but stuck by his claim that fired CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Richard Scrushy was part of a massive earnings overstatement o·ver·state tr.v. o·ver·stat·ed, o·ver·stat·ing, o·ver·states To state in exaggerated terms. See Synonyms at exaggerate. o . Under cross-examination for a second day, former Chief Financial Officer Tadd McVay grew testy tes·ty adj. tes·ti·er, tes·ti·est Irritated, impatient, or exasperated; peevish: a testy cab driver; a testy refusal to help. as Scrushy lawyer Jim Parkman suggested he was lying about Scrushy's involvement in the fraud to gain favor with prosecutors including Richard Wiedis, who questioned McVay earlier. In a firm voice, McVay denied Parkman's claims. And McVay recalled Wiedis asking a judge to send him to prison for five years during his sentencing hearing in 2004. |
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