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Conventional wisdom said demand for accountants and auditors would have tapered off by now. ...more
February 5, 2008
The three top executives leaving WellCare Health Plans will walk away from the company with millions of dollars in stock options and restricted stock, as long as they agree not to disparage the company and agree to cooperate with government investigations into its operations. ...more
February 2, 2008
In the wake of federal and state investigations into the company and a stock market free-fall, WellCare Health Plans chief executive Todd Farha and two other executives resigned Friday. ...more
January 26, 2008
Shares of WellCare Health Plans continued to slump Thursday amid reports of the possible departure of its top three executives, and analysts at one Wall Street firm said they are not only expecting the housecleaning, but would not be surprised to see the sale of the company. ...more
January 25, 2008
Shares in WellCare Health Plans continued to drift lower today after a Wall Street Journal blog reported that the company's three top executives were being shown the door. ...more
January 24, 2008
News that eBay chief executive Meg Whitman may retire comes as the online auctioneer faces slowing growth and disappointing returns from its $2.6 billion gamble on the Internet phone service Skype. ...more
January 23, 2008
Sears Holdings Corp., the owner of the Sears and Kmart retail chains and Kenmore appliances, will reorganize into separate business units after a year of sales declines and dwindling profit. ...more
January 22, 2008
TAMPA BAY AREA Port Revenue Declines Tampa Port Authority revenue and net income are running behind budget projections for the first fiscal quarter ended Dec. 31. But port officials, who have acknowledged that 2008 will be a challenging fiscal year because of problems with the economy, said Tuesday that the report is too early to raise concerns because there are nine months to go. Fiscal first-quarter net income was $14.9 million, 3.3 percent lower than the year-ago period and 12.4 percent less than prorated first-quarter budget figures, which do not account for seasonal highs and lows. ...more
January 16, 2008
You can't say law firms aren't trying. At the Chicago office of Perkins Coie, partners recently unveiled a "happiness committee," offering candy apples and milkshakes to brighten the long and wearying days of its lawyers. Perhaps this will serve as an example to other firms, which studies show lose, on average, nearly a fifth of their associates in any given year, in an industry in which about 20 percent of lawyers over all will suffer depression at some point in their careers. ...more
January 13, 2008
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