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MERRILLVILLE, Ind., Dec. 12 /PRNewswire-FirstCall/ -- NiSource Inc. (NYSE: NI) today announced it has completed the previously announced restructuring of its business services agreement with International Business Machines Corporation (IBM). A form 8-K was filed with the U.S. Securities and Exchange Commission today outlining the changes and costs associated with the restructured agreement, the impact which is reflected in the outlook the company provided in its third quarter 2007 earnings release.
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BOCA RATON, Fla., Oct. 12 /PRNewswire-FirstCall/ -- SBA Communications Corporation (Nasdaq: SBAC) ("SBA") announced it will release its 3rd quarter results on Thursday, October 28, 2004, after the market closes. SBA will host a conference call on Friday, October 29, 2004 at 10:00 A.M. Eastern Time to discuss these results.
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HILLSBORO, Ore., Oct. 12 /PRNewswire-FirstCall/ -- FEI Company (Nasdaq: FEIC) will release its financial results for the third quarter of 2006 after the financial markets close on Wednesday, November 1, 2006. The third quarter ended on October 1, 2006.
General and administrative expense ("G&A") increased 15.9% to $14.6 million in the fourth quarter of 2007 from $12.6 million in the prior year period. G&A included $1.2 million in additional rent expense related to the relocation of the Company's corporate headquarters expected to occur in the second quarter of 2008. Excluding the additional rent expense, G&A increased 6.3% to $13.4 million in the fourth quarter of 2007. The increase was the result of growth in the Company's cost structure, particularly in the areas of compliance, internal audit, accounting, technology, firm operations and human resources to support firm growth and meet increased regulatory needs. Partially offsetting the G&A increase was a reduction in the corporate employee bonus accrual due to weaker than anticipated performance and the awarding of a larger portion of senior management's total incentive in equity. Stock-based compensation included in G&A was $2.0 million in the fourth quarter of 2007 compared with $1.7 million in the prior year period.
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