In a time when most CEOs are getting raises, for at least the second straight year, Cbeyond Inc. (NASDAQ:CBEY) cut the total pay of its top executive, James Geiger. Total 2013 compensation paid out to Geiger by the company he founded in 1999 fell by 16 percent, to $1.21 million, from $1.44 million in the previous year and $1.55 million in 2011, a regulatory filing this week disclosed. Cbeyond, Inc. (NASDAQ:CBEY) shares after opening at $9.89 moved to $9.93 on last trade day and at the end of the day closed at $9.92. Company price to sales ratio in past twelve months was calculated as 0.66 and price to cash ratio as 10.56. Cbeyond, Inc. (NASDAQ:CBEY) showed a positive weekly performance of 1.02%.
Telecom Italia SpA (ADR) (NYSE:TI) and Genoa City Council have reached an agreement to launch a project dubbed “Smart Digital School” at Genoa’s Grazia Deledda secondary school. The initiative aims to combine traditional teaching material with multimedia content and new technology such as interactive whiteboards and PCs. The collaborative digital teaching experiment is based on Telecom Italia’s broadband network and ‘Nuvola Italiana’ cloud-based technology platform. Telecom Italia SpA (ADR) (NYSE:TI) shares advanced 0.94% in last trading session and ended the day on $12.93. TI return on equity ratio is recorded as -24.20% and its return on assets is -6.00%. Telecom Italia SpA (ADR) (NYSE:TI) yearly performance is 53.93%.
On April 17, 2014, Cogent Communications Group, Inc. (NASDAQ:CCOI) held its 2014 Annual Meeting of Stockholders at 1015 31st Street NW, Washington, DC 20007. Out of 47,397,993 shares outstanding and authorized to vote at the Annual Meeting as of the record date of February 21, 2014, proxies representing 43,456,618 shares, or 91% of outstanding shares, were voted. Cogent Communications Group, Inc. (NASDAQ:CCOI) shares moved down -1.06% in last trading session and was closed at $34.62, while trading in range of $34.62 – $35.19. Cogent Communications Group, Inc. (NASDAQ:CCOI) year to date (YTD) performance is -13.45%.
Towerstream Corporation (NASDAQ:TWER), a leading 4G and Small Cell Rooftop Tower company, announced that financial results for the first quarter ended March 31, 2014 will be released on Monday, May 12, 2014. Towerstream Corporation (NASDAQ:TWER) weekly performance is -2.67%. On last trading day company shares ended up $1.82. Towerstream Corporation (NASDAQ:TWER) distance from 50-day simple moving average (SMA50) is -21.91%. Analysts mean target price for the company is $5.00.