Durfy's resignation [late on Monday] was unexpected, although not tremendously surprising to us," said Ben Cherniavsky, a Raymond James analyst, who added that there have been mounting reports of "internal unrest" at WestJet in the past year. In addition, the carrier has a cutthroat corporate culture under founder and chairman Clive Beddoe, despite its sunny "WestJetter" image. In recent years, at least five top executives have either left or been shown the door after apparent conflicts with Mr. Beddoe's direction for the airline. In 2000, then president, Stephen Smith left the airline just 19 months into his term after running afoul of the airline's chairman. 
Share:  <span class="sent">Durfy's resignation [late on Monday] was unexpected, although not tremendously surprising to us," said <span class="analyst">Ben Cherniavsky</span>, a Raymond James analyst, who added that there have been mounting reports of "internal unrest" at <span class="company">WestJet</span> in the past year.</span> In addition, the carrier has a cutthroat corporate culture under founder and chairman Clive Beddoe, despite its sunny "<span class="company">WestJet</span>ter" image. In recent years, at least five top executives have either left or been shown the door after apparent conflicts with Mr. Beddoe's direction for the airline. In 2000, then president, Stephen Smith left the airline just 19 months into his term after running afoul of the airline's chairman. Tweet this 

A planned partnership with Dallas based Southwest Airlines Co., which would have helped WestJet expand in the United States, was also put on hold last May. "In our opinion, Durfy did some valuable things for WestJet during his tenure at the company. Nevertheless, we believe that, given the circumstances, change was necessary," Raymond James analyst Ben Cherniavsky said in a note to clients. WestJet's trajectory in the airline industry is well known 
Share:  A planned partnership with Dallas based Southwest Airlines Co., which would have helped <span class="company">WestJet</span> expand in the United States, was also put on hold last May. "In our opinion, Durfy did some valuable things for <span class="company">WestJet</span> during his tenure at the company.<span class="sent"> Nevertheless, we believe that, given the circumstances, change was necessary," Raymond James analyst <span class="analyst">Ben Cherniavsky</span> said in a note to clients.</span> <span class="company">WestJet</span>'s trajectory in the airline industry is well known....<span class="sent">Nevertheless, we believe that, given the circumstances, change was necessary," Raymond James analyst <span class="analyst">Ben Cherniavsky</span> said in a note to clients.</span> <span class="company">WestJet</span>'s trajectory in the airline industry is well known. Tweet this 

Facebook Adds Auto Suggest To Search Box. , 2010 at 1:25am ET by Matt McGee. Share. Continuing to improve and emphasize its search capabilities, Facebook today announced the inclusion of an auto suggest feature to its search box. 
Share:  <span class="company">Facebook</span> Adds Auto Suggest To Search Box. , 2010 at 1:25am ET by Matt McGee. Share. Continuing to improve and emphasize its search capabilities, <span class="company">Facebook</span> today announced the inclusion of an auto suggest feature to its search box. Tweet this 

Even with the governments' concern of overheating, Hong Kong home sales will lift Kerry's profit this year, analyst Cusson Leung said."Their earnings will continue to be boosted this year, by sales from Primrose Hill and Island Crest" in Hong Kong, Leung, a Hong Kong based analyst at Credit Suisse, said before Kerry's announcement, referring to Kerry's new residential projects. Profit excluding property revaluations fell to HK$2.15 billion from HK$2.23 billion, the company said, missing the average HK$2.46 billion of six estimates compiled by Bloomberg. Kerry Properties will pay a final dividend of 40 Hong Kong cents, unchanged from last year 
Share:  <span class="sent">Even with the governments' concern of overheating, Hong Kong home sales will lift <span class="company">Kerry</span>'s profit this year, analyst <span class="analyst">Cusson Leung</span> said."Their</span> earnings will continue to be boosted this year, by sales from Primrose Hill and Island Crest" in Hong Kong, Leung, a Hong Kong based analyst at Credit Suisse, said before <span class="company">Kerry</span>'s announcement, referring to <span class="company">Kerry</span>'s new residential projects. Profit excluding property revaluations fell to HK$2.15 billion from HK$2.23 billion, the company said, missing the average HK$2.46 billion of six estimates compiled by Bloomberg. <span class="company">Kerry</span> Properties will pay a final dividend of 40 Hong Kong cents, unchanged from last year....<span class="sent">Even with the governments' concern of overheating, Hong Kong home sales will lift <span class="company">Kerry</span>'s profit this year, analyst <span class="analyst">Cusson Leung</span> said."Their</span> earnings will continue to be boosted this year, by sales from Primrose Hill and Island Crest" in Hong Kong, Leung, a Hong Kong based analyst at Credit Suisse, said before <span class="company">Kerry</span>'s announcement, referring to <span class="company">Kerry</span>'s new residential projects. Profit excluding property revaluations fell to HK$2.15 billion from HK$2.23 billion, the company said, missing the average HK$2.46 billion of six estimates compiled by Bloomberg. <span class="company">Kerry</span> Prop Tweet this 

SHARES in Intel jumped yesterday after the chip maker released a new line of server chips, stoking optimism that it can capitalise on a rebound in demand for computers."If you look at what's being offered this is another compelling reason for IT managers to buy," said Alex Gauna , an analyst at JMP Securities in San Francisco . "Anybody doing the work is hearing about good server demand continuing.". Intel, which employs thousands of people in Leixlip in Kildare , got a jump on rival Advanced Micro Devices , which plans to release its Magny Cours design in eight and 12 core versions later this month 
Share:  SHARES in <span class="company">Intel</span> jumped yesterday after the chip maker released a new line of server chips, stoking optimism that it can capitalise on a rebound in demand for computers."If<span class="sent"> you look at what's being offered this is another compelling reason for IT managers to buy," said <span class="analyst">Alex Gauna</span> , an analyst at JMP Securities in San Francisco .</span> "Anybody doing the work is hearing about good server demand continuing.". <span class="company">Intel</span>, which employs thousands of people in Leixlip in Kildare , got a jump on rival Advanced Micro Devices , which plans to release its Magny Cours design in eight and 12 core versions later this month....SHARES in <span class="company">Intel</span> jumped yesterday after the chip maker released a new line of server chips, stoking optimism that it can capitalise on a rebound in demand for computers."If<span class="sent"> you look at what's being offered this is another compelling reason for IT managers to buy," said <span class="analyst">Alex Gauna</span> , an analyst at JMP Securities in San Francisco .</span> "Anybody doing the work is hearing about good server demand continuing.". <span class="company">Intel</span>, which employs thousands of people in Leixlip in Kildare , got a jump on rival Advanced Micro Devices , which plans to release its Magny Cours design in eight and 12 core versions later this month. Tweet this 

News Corp (NWS) is denying reports that it wants to sell or spin off MySpace. Business Insider initially reported that Rupert Murdoch's company wants to sell the social networking site, but then followed with the company's flat denial. "News Corp is committed to MySpace and is not seeking a buyer," the company said according to the post. 
Share:  News Corp (<span class="company">NWS</span>) is denying reports that it wants to sell or spin off MySpace. Business Insider initially reported that Rupert Murdoch's company wants to sell the social networking site, but then followed with the company's flat denial. "News Corp is committed to MySpace and is not seeking a buyer," the company said according to the post. Tweet this 

"Panasonic hasn't disclosed details of the synergy plan," Kazuharu Miura, an analyst at Daiwa Securities Capital Markets Co in Tokyo, said by phone today. 
Share:  <span class="sent">"<span class="company">Panasonic</span> hasn't disclosed details of the synergy plan," <span class="analyst">Kazuharu Miura</span>, an analyst at Daiwa Securities Capital Markets Co in Tokyo, said by phone today.</span> Tweet this 

CIT Group ( CIT ) reported a fourth quarter pretax loss of $1 billion, excluding accounting and reorganization costs, on high borrowing and credit costs. CIT released its fourth quarter report after the market closed Tuesday. The stock rose 91 cents, or 2.5%, to $37.20, in after hours trading. 
Share:  <span class="company">CIT</span> Group ( <span class="company">CIT</span> ) reported a fourth quarter pretax loss of $1 billion, excluding accounting and reorganization costs, on high borrowing and credit costs. <span class="company">CIT</span> released its fourth quarter report after the market closed Tuesday. The stock rose 91 cents, or 2.5%, to $37.20, in after hours trading. Tweet this 

Most of these stocks had declined in Tuesday's session on caution ahead of Chui's address."The general tone [in Chui's speech] is supportive for gaming and property, particularly for mass casino operators such as Sands China and SJM. Policies on immigration and housing should benefit the property sector," Deutsche Bank analyst Karen Tang wrote in a note to clients. Tang was referring to Chui's mention of a possible relaxation of immigration policies, which could result in more expatriates working in Macau and consequently higher residential real estate prices. "Separately, despite strong gaming revenue in Macau, channel checks suggest that visa relaxation may be more likely than visa restrictions in the near term," she said. 
Share:  Most of these stocks had declined in Tuesday's session on caution ahead of Chui's address."The general tone [in Chui's speech] is supportive for gaming and property, particularly for mass casino operators such as <span class="company">Sands China</span> and SJM.<span class="sent"> Policies on immigration and housing should benefit the property sector," Deutsche Bank analyst <span class="analyst">Karen Tang</span> wrote in a note to clients.</span> Tang was referring to Chui's mention of a possible relaxation of immigration policies, which could result in more expatriates working in Macau and consequently higher residential real estate prices. "Separately, despite strong gaming revenue in Macau, channel checks suggest that visa relaxation may be more likely than visa restrictions in the near term," she said. Tweet this 

Most of these stocks had declined in Tuesday's session on caution ahead of Chui's address."The general tone [in Chui's speech] is supportive for gaming and property, particularly for mass casino operators such as Sands China and SJM. Policies on immigration and housing should benefit the property sector," Deutsche Bank analyst Karen Tang wrote in a note to clients. Tang was referring to Chui's mention of a possible relaxation of immigration policies, which could result in more expatriates working in Macau and consequently higher residential real estate prices. "Separately, despite strong gaming revenue in Macau, channel checks suggest that visa relaxation may be more likely than visa restrictions in the near term," she said. 
Share:  Most of these stocks had declined in Tuesday's session on caution ahead of Chui's address."The general tone [in Chui's speech] is supportive for gaming and property, particularly for mass casino operators such as Sands China and <span class="company">SJM</span>.<span class="sent"> Policies on immigration and housing should benefit the property sector," Deutsche Bank analyst <span class="analyst">Karen Tang</span> wrote in a note to clients.</span> Tang was referring to Chui's mention of a possible relaxation of immigration policies, which could result in more expatriates working in Macau and consequently higher residential real estate prices. "Separately, despite strong gaming revenue in Macau, channel checks suggest that visa relaxation may be more likely than visa restrictions in the near term," she said. Tweet this