Word: sells
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...awards. Instead, he devised a method of compensating executives: something he calls salary stock. Each pay period, the executives at Bank of America, GM and the other firms will get awards of stock along with their regular paychecks. The checks can be cashed immediately, but the executives may not sell the stock for up to four years. Also, bonuses are paid in restricted stock, which must be held for at least three years and may be sold only after the firm has repaid what it owes taxpayers. The result is that in most cases, much of what the executives will...
...chief executive for Indian wind-turbine maker Suzlon Energy, says his company has successfully bid for provincial-level projects, but Suzlon and all other foreign firms have been shut out of national-level wind-base projects in Gansu, Hebei and Inner Mongolia. While the Chinese manufacturers are able to sell turbines cheaper than foreign firms, Soares argues they can't match foreign-made equipment in terms of reliability and overall track record. "The Chinese government has decided that they want to develop wind bases, that they want to promote a local industry and that they want to have local suppliers...
...Zhengrong, founder and CEO of Suntech Power, China's biggest solar-panel maker, says his company doesn't sell panels below cost anywhere in the world. And he points to First Solar's Ordos deal as evidence that foreign firms can succeed on the mainland. "As long as companies have a competitive renewable-energy technology and product offering," he says, "there will definitely be opportunities in the Chinese market...
Aside from showing their photographs to turn attention to their efforts, ADITO members hope to sell crafts handmade by the women who received loans, according to Valerie N. Chadha ’11, the chief financial officer...
...Opponents are also concerned that Paris is now sacrificing heritage for economic gain. The government has struggled to shoulder the cost of upkeeping its $55 billion property portfolio, forcing it to sell off several historic palaces in recent years, much to the anger of some lawmakers. "These buildings ... are part of the historic and artistic patrimony of France and cannot be handed over to just anybody," legislator Lionel Tardy said during a 2007 parliamentary session. (Read "In the Paris Métro, Even Dead Legends Can't Smoke...