New York, NY -- (SBWIRE) -- 03/08/2013 -- StockRunway.com issues Investors Watch list – Nokia Corp (NYSE:NOK), Visa (NYSE:V).
Nokia Corp (NYSE:NOK) Chief Executive Stephen Elop received a 45 per cent reduction in his salary package previous year, as per reported by a US regulatory filing, as the cell phone maker persisted losing market share in smartphones to Samsung and Apple.
Elop, who moved in 2010 from Microsoft to upturn the Finnish mobile phone manufacturer, earned 4.33 million euros ($5.63 million) in last year, which was lower as from 7.94 million euros in a year earlier.
While his base salary increased by 59,500 euros to 1.08 million euros, his stock and option awards declined to some extent and he earned no bonus, as per reported by the Thursday filing with the US Securities and Exchange Commission.
How Nokia’s share performed last year? Find out here
Finnish cell phone maker Nokia's (NOK) shares declined 22 per cent previous year. The firm announced an underlying profit in the Q4 courtesy to cost reductions, but it sliced its annual dividend payment for the first time to support its cash position.
Visa Inc. (NYSE:V), the international payments technology firm, late on Thursday was documented for leadership in business ethics when it was ranked on the 2013 list of the World’s Most Ethical Companies by Ethisphere Institute, a top international think tank.
How Visa shares reacted to such recognition on Friday? Find in this report
Visa (NYSE:V) shares were flirting with minor gains and losses and on last check were seen below the trend line with positive change of -0.12% on Friday trading session.
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