24/7 Wall St.
09-09-2008, 11:20 AM
24/7 Wall St. Daily News
http://www.247wallst.com/images/2008/09/09/cammonopoly_wideweb__430x3250.jpg</img> (http://247wallstreet.typepad.com/.shared/image.html?/photos/uncategorized/2008/09/09/cammonopoly_wideweb__430x3250.jpg)TW Telecom (TWTC) revised its guidance lower yesterday. Its shares were promptly downgraded by Citigroup and Merriman Curhan Ford.
All of that caused TWTC shares to drop 14% to a 52-week low of $11.57, down from a period high of $24.
TW Telecom's CEO Larissa Herda has been doing unusually well with a base salary of $800,000 last year and total compensation of almost $5.3 million.
Herda got a bump to $850,000 for 2008. Nice income for the CEO at a company which has lost half of its market cap.
Douglas A. McIntyre
http://feeds.feedburner.com/~f/typepad/RyNm?i=4Ga9L</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=4Ga9L) http://feeds.feedburner.com/~f/typepad/RyNm?i=DAb8L</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=DAb8L) http://feeds.feedburner.com/~f/typepad/RyNm?i=TUfRl</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=TUfRl)
complete story here... (http://www.247wallst.com/2008/09/247-wall-st-m-2.html)
http://www.247wallst.com/images/2008/09/09/cammonopoly_wideweb__430x3250.jpg</img> (http://247wallstreet.typepad.com/.shared/image.html?/photos/uncategorized/2008/09/09/cammonopoly_wideweb__430x3250.jpg)TW Telecom (TWTC) revised its guidance lower yesterday. Its shares were promptly downgraded by Citigroup and Merriman Curhan Ford.
All of that caused TWTC shares to drop 14% to a 52-week low of $11.57, down from a period high of $24.
TW Telecom's CEO Larissa Herda has been doing unusually well with a base salary of $800,000 last year and total compensation of almost $5.3 million.
Herda got a bump to $850,000 for 2008. Nice income for the CEO at a company which has lost half of its market cap.
Douglas A. McIntyre
http://feeds.feedburner.com/~f/typepad/RyNm?i=4Ga9L</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=4Ga9L) http://feeds.feedburner.com/~f/typepad/RyNm?i=DAb8L</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=DAb8L) http://feeds.feedburner.com/~f/typepad/RyNm?i=TUfRl</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=TUfRl)
complete story here... (http://www.247wallst.com/2008/09/247-wall-st-m-2.html)