While asset sales helped too, the company highlighted the performance of its 50% joint venture Chevron Phillips Chemical Company, which they book under downstream.
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At worst, I suspect there was some miscommunication between the reporter and the company about the performance expectations of the car.
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The company evaluated the performance of eight reward-based crowdfunding platforms (where a donor receives a reward of value in exchange for a cash contribution) and six investment-based platforms (where investors receive equity or interest on their investment).
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The company said the lackluster performance was driven by decreases in gaming, music and movies, as well as low-single-digit comparable store sales decline in televisions.
The head of London Midland trains has said he is "embarrassed" by the company's performance over the last four months.
The company expected stronger performance from the titles scheduled for release during the 2010 fourth quarter holiday season, particularly from the slate of 28-day delay and higher-priced Blu-ray(TM) titles.
The company claims that performance of the new drive and media should improve a bit on the current batch of Zip drives (except for the faster Zip Plus drive, which is being discontinued).
Mr. Corbat is expected to unveil quantifiable targets that will allow analysts and investors to more-easily gauge the company's performance, said the people familiar with the plan.
But it takes an inspired effort from the entire organization to nudge the company towards improved performance and to eventually create the new culture.
Another reason to like Cracker Barrel is the presence of an activist investor helping to keep pressure on the company to improve performance: Sardar Biglari, the 35-year old Iranian-American manager of the Lion Fund and CEO of publicly traded Biglari Holdings (BH).
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In its latest results, there was a clear difference between the company's performance in North America and in the rest of the world.
The review included addressing the investment performance of the company and the discount at which the company's ordinary shares traded to their net asset value.
The new compensation plan dictates that 30% of pay for top executives, including Mr. Corbat, come in so-called performance share units that are delivered after three years, depending on the company's performance over that span.
In an interview with Forbes this afternoon, CEO Mike Smerklo notes that the company uses a 100% pay for performance model: the company take a small slice of the additional revenues generated by the companies that use the service.
The exceptional performance incentive plan would have granted free share options to senior executives based on the company's performance.
The company's performance has improved following pressure from billionaire investor Nelson Peltz, who in 2006 took a stake in the company and joined its board.
The weaker underlying performance sent the company's shares lower on Wednesday, ending down 4.7%.
Statements in this news release that are not statements of historical fact include forward looking statements regarding future events or the future financial performance of the company.
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Finally, the company has improved its performance to decrease the battery drain of the app, which was one complaint when the app launched.
My bet is that management will begin to see the value of the company tied to annual performance, and the ceiling for stock prices will surely rise.
Shareholders don't know what's going on and how these decisions have been arrived at and crucially there isn't a close enough relationship between high pay for people at the top and the performance of the company itself.
The Gap's chief executive left in January 2007 amid an uproar over the company's performance.
Internationally, the company saw strong performance in China, but declines in Europe and Canada.
The company used a performance-based point system to encourage good customer service and adroit massage skills.
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The higher reward reflected the company's performance last fiscal year, said Alan Hilowitz, a spokesman.
Peter Xie, Solarfun's president, said he was very pleased with the company's performance.
Ford instructed Land Rover bosses and unions to come up with ways of improving the company's performance in May this year.
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On October 30th she is due to present Alcatel-Lucent's board with further details of her plan to improve the company's performance.
These awkward situations inevitably arise when the company's performance is being discussed.
The company's performance was still better than Wall Street had been expecting.
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