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07.03.2008 8:36 am

Enterprise is weathering travel slump

St. Louis Post-Dispatch

Clayton-based Enterprise Rent-A-Car earns a positive mention in a Wall Street Journal story about profit warnings at two rivals, Avis and Dollar Thrifty. Those two companies are suffering from a decline in air travel, but Enterprise relies mostly on neighborhood locations, not…

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06.30.2008 11:04 am

Sunset for Solar Night

St. Louis Post-Dispatch

Solar Night Industries, a quirky St. Louis outfit that touted itself as a “national modern energy company,” apparently has been unplugged. The company issued a terse statement Friday saying that ”a foreclosure of all of the assets by the Company’s lenders has…

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06.25.2008 4:44 pm

Leer says electricity will be next energy crisis

St. Louis Post-Dispatch

If you think we’re in an energy crisis now, coal executive Steve Leer told a business audience recently, just wait until the U.S. starts seeing electricity shortages. Leer, chief executive of Arch Coal, told the local Association for Corporate Growth…

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06.24.2008 3:53 pm

Bonus shrinks for CPI’s CEO

St. Louis Post-Dispatch

Renato Cataldo, chief executive of photography company CPI Corp., got a far smaller bonus in fiscal 2007 than in 2006, the company’s proxy statement shows.

Cataldo’s total pay was $451,611 last year, down 22 percent from the previous year, according…

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04.29.2008 11:02 am

Boat maker files for bankruptcy

St. Louis Post-Dispatch

Challenger Powerboats of Washington, Mo., filed for bankruptcy Friday but didn’t tell the SEC about it until late Monday. The bankruptcy documents say the company has more than $1 million in debts and less than $50,000 in assets, and the SEC…

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04.21.2008 9:41 pm

Our Fortune 500 count? Depends who’s counting

St. Louis Post-Dispatch

Fortune magazine gives St. Louis credit for eight companies in the new Fortune 500 list. That’s the same number as last year, which isn’t bad in this era of corporate consolidation. The Regional Chamber and Growth Association, though, wants to boost our number…

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04.21.2008 3:06 pm

Thermadyne pays CEO $1 million

St. Louis Post-Dispatch

Thermadyne Industries Chief Executive Paul Melnuk earned $1.05 million in total compensation last year, according to the tally sheet in Thermadyne’s  proxy statement.  If stock and options awards made during 2007 were included, his pay figure would rise to $1.28…

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04.17.2008 1:46 pm

Donius gets $1.45 million in severance

St. Louis Post-Dispatch

William Donius, who resigned over the weekend as chief executive of Pulaski Financial, will have a little extra cash as he goes off to pursue his “bucket list.” (That phrase, apparently, refers to things he wants to accomplish before he kicks the…

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04.16.2008 11:13 am

KV’s CEO earns $5.3 million

St. Louis Post-Dispatch

KV Pharmaceutical paid Chief Executive Marc Hermelin a total of $5.3 million last year, according to a proxy statement filed with the SEC. That included a salary of $1.28 million, incentive pay of $2.55 million and retirement accrual of $877,000.…

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04.14.2008 12:33 pm

A.G. Edwards’ premium has vanished

St. Louis Post-Dispatch

Wachovia’s latest news – which includes a dividend cut and a $393 million first-quarter loss — adds to the pain for former A.G. Edwards shareholders. When the venerable St. Louis brokerage announced last May 30 that it was selling out to the North…

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