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Archive - Jul 14, 2012

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It can be good to have employee stock options

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It can be good to have options.
In this case, we’re talking about employee stock options, which many companies offer workers as part of their compensation package. In a typical plan, management grants its work force the right to buy stock at a specified price (the exercise price) by a certain time (the expiration date).
In many cases, the opportunity to buy the stock extends for up to 10 years. If the company is doing well, the fair market price (the price of the stock on a securities exchange) could be above the exercise price, creating profit for the worker.
“The attractiveness of an employee stock-option plan depends on the performance of the company,” says Kristin Wagner, manager of the Executive Services Team of Wells Fargo Advisors. “There could be a very large differential between the exercise price and the fair market price.” After an employee buys stock from the company, he or she is free to sell all or some of the shares through a financial advisor or brokerage company.

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Whether to be hands-on in a complex world of investments

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The investment world can be complex — so you may not want to navigate it alone. But when it comes to getting professional advice, you certainly have an abundance of choices. How can you know which approach is right for you?
The answer depends, to a large extent, on how you choose to work with a qualified financial advisor — someone with the training and experience to help you work toward your financial goals. When you work with a financial advisor, he or she will analyze your financial situation — your income, current assets, family status and short- and long-term investment goals, such as helping pay for your children’s (or grandchildren’s) college education and attaining a comfortable retirement.

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GSU appoints communications director

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Educator, journalist Sutton assumes public relations role at university
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Will Sutton, a Louisiana native who studied communications and journalism in high school and college and then went on to a successful career as a newspaper reporter and editor, has joined Grambling State University as acting director of public relations and communications, effective immediately.

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Lumpkin completes leadership institute

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Kristi M. Lumpkin, economic development administrator for the city of Ruston and member of the Alabama Delta Leadership Class of 2012, has successfully completed the Delta Leadership Institute, a leadership development program for regional leaders sponsored by the Delta Regional Authority and The University of Alabama.
Lumpkin received her “Award of Completion” on June 14 during the graduation ceremony at the Grand Hotel in Point Clear, Ala.

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Landrieu amendment gets strong support

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Sen. Mary L. Landrieu, D-La., chair of the Senate Committee on Small Business and Entrepreneurship, plans to introduce the Success Ultimately Comes from Capital, Contracting, Education, Strategic Partnerships and Smart Regulation (SUCCESS) Act of 2012 as a stand-alone bill after the same language received strong bipartisan support in the Senate today as an amendment.  
 Sen. Landrieu offered the SUCCESS Act, which would spur small businesses job growth and boost entrepreneurship, as an amendment to S. 2237, the Small Business Jobs and Tax Relief Act.  The SUCCESS Act, which received 57 votes, including support from five Republicans, is the result of multiple committee hearings, including three roundtables hosted by Chair Landrieu earlier this year to explore strategies, tools and methods to strengthen the ecosystem of entrepreneurship.

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Tech professor earns recognition, funding

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Teresa Murray, assistant professor in biomedical engineering in Louisiana Tech’s College of Engineering and Science, has received notice from the National Institute of Health (NIH) that her proposal titled “Long Term 3D Imaging of Mouse Brain in Vivo to Study Glial Cells and Gliogenesis” was recognized for excellence and will receive funding.
NIH ranks proposals on a scale from 10 – 90, with 10 being the best. Murray’s proposal received an 11.

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Summer slow? Not in parish sports world

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So summer means a slow time for sports, huh?
Somebody forgot to tell Lincoln Parish.
In this week alone, the following events occurred:

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GSU honors legends

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Hall of Fame induction grows with class of 12
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GRAMBLING — Aaron James has gotten a “double dose” of Hall of Fame celebrations this summer, but the latest honor in his legendary playing career was the ultimate this weekend.
On Friday and Saturday, he was recognized as one of 12 new i
nductees into the Grambling State University Legends Hall of Fame.
James, a three-time All-Southwestern Athletic Conference and two-time All-American basketball player for the Tigers, was enshrined last month in the Louisiana Sports Hall of Fame.

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Brasuell, Clark advance to nationals

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At the recent USA Track and Field Federation regionals’ meet in Murfreesboro Tenn., Ruston High School’s Kristen Clark and Ali Braswell defended their championship titles of a year ago to win their respective age divisions and advance to the national championships in Baltimore Md. later this month.
Clark’s throw of 133-9 was her best mark this season and won the Intermediate girls division(15-16 year old), while Brasuell took gold in the young women’s (17-18 years old) with a 122 throw.

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Sides making impact in WNBA

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Former Techster enjoys role as Chicago Sky assistant
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CHICAGO ­— Since her two highly successful years as a player at Louisiana Tech, where she was part of a Lady Bulldog team that advanced to the 1999 Women’s Final Four, Christie Sides has built quite the coaching resume.
After several years in Ruston, first at Ruston High School and then at her alma mater under Hall of Fame head coach Leon Barmore, she spent four seasons at LSU under Pokey Chatman. However since 2008, the Baton Rouge native has been coaching overseas.

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