Topix SEC News A director of Scana Corp., the parent of South Carolina Electric & Gas Co., bought 50,000 shares of common stock , according to a Securities and Exchange Commission filing Tuesday. via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
Topix SEC News“We do not believe, based on current knowledge, that any of the foregoing legal proceedings or claims are likely to have a material adverse effect on our financial position” Yahoo Inc has faced significant distraction from Microsoft Corp’s unsolicited takeover bid, the company warned investors on Wednesday in its annual report filed […]
Filed under: SEC News | No Comments »
Topix SEC News“We remain committed to our plan to return to profitability in North America and in our total automotive operations in 2009″ Ford Motor Co. expects to produce 685,000 vehicles in North America during the first quarter of 2008, 55,000 fewer than the first three months of last year, the company said in […]
Filed under: SEC News | No Comments »
BUSINESS >> Regions says SEC wants info on Morgan Keegan mutal funds after steep losses Wednesday February 27, 2008, 10:36 AM Regions Financial Corp. via The Birmingham News Read full story
Filed under: SEC News | No Comments »
“The fair values of these investments in future periods and their effect on our financial results will depend on future market developments and assumptions” Wachovia Corp., the nation’s fourth-largest bank, said Thursday the Department of Justice is investigating two company employees it did not identify for possible misconduct related to competitive bids in the […]
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Topix SEC News A director of oil and gas explorer Swift Energy Co. exercised options for 5,000 shares of common stock, according to a filing with the Securities and Exchange Commission. via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
Topix SEC News“We’ve had this partnership in Albuquerque … since the 1930s” CHICAGO With the folding of the Albuquerque Tribune Saturday and the end of the nation’s oldest joint operating agreement , E.W. Scripps no longer publishes a paper in the city — but that doesn’t mean it will … via Editor & Publisher […]
Filed under: SEC News | No Comments »
“We expect to recruit into that position immediately” FairPoint Communications Inc. has replaced departed controller Patrick T. Hogan, who was a senior vice president, with an interim appointment, according to a filing with the Securities and Exchange Commission. via UnionLeader.com Read full story
Filed under: SEC News | No Comments »
A director at MEMC Electronic Materials Inc. , which makes wafers for the semiconductor sector, exercised options for and then sold 10,000 shares of common stock, according to a Securities and Exchange … via Forbes Read full story
Filed under: SEC News | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Topix SEC News Stock exchange operator Nasdaq Stock Market Inc. said Thursday it will propose to the Securities and Exchange Commission a rules change that would require special purpose acquisition vehicles to be listed and … via Forbes Read full story
Filed under: SEC News | No Comments »
Topix SEC News CHICAGO Privately held MediaNews Group Inc. reported rising profit on falling revenue in its fiscal second-quarter ended Dec. via Editor & Publisher Read full story
Filed under: SEC News | No Comments »
Topix SEC News“We believe that listing them on Nasdaq, subject to these important investor protections, will benefit investors and issuers.” Nasdaq Stock Market Inc said on Thursday it will propose standards for listing “blank-check” companies, an increasingly popular vehicle formed solely to acquire other businesses. via BNET Read full story
Filed under: SEC News | No Comments »
“We believe the stock awards demonstrate Wachovia’s commitment to pay for performance and the board’s confidence in Wachvoia’s management team to deliver increased shareholder value” Wachovia Corp. has upped the number of stock options given to chief executive Ken Thompson, although the leader of the nation’s fourth-largest bank will not receive a cash bonus […]
Filed under: SEC News | No Comments »
Topix SEC News Visa said Monday it expects to raise almost $19 billion from an initial public offering, which would easily become the largest IPO in U.S. history.San Francisco-based Visa Inc. via KansasCity.com Read full story
Filed under: SEC News | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Topix SEC News A director of health care facility real estate investment trust HCP Inc. exercised options for 14,000 shares of common stock, according to a filing with the Securities and Exchange Commission. via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
The Lancer Group hedge funds’ founder and four other people were charged with defrauding investors out of more than $200 million by manipulating market prices and overvaluing securities, according to a federal … via The Florida Times-Union Read full story
Filed under: SEC News | No Comments »
“One that says it set a goal of 32 cents EPS has disclosed a target.” If you want to know the goals an executive met to earn his bonus, reading the documents companies file to explain pay may not help. via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
A director at Internet security company McAfee Inc. exercised options for 5,000 shares of common stock, according to a Securities and Exchange Commission filing Friday. via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
“This acquisition further enhances our position as a leading inventory and procurement solution provider to the hospitality and foodservice markets” Agilysys, Inc. , a leading provider of innovative IT and hospitality software solutions, today announced it has acquired Eatec Corporation, a privately held developer and marketer of inventory and procurement … via Hotel Online […]
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Topix SEC News Exxon Mobil Corp. said Friday that it narrowly added enough new proven oil and gas reserves to replace its 2007 production after accounting for Venezuela’s expropriation of the Irving-based oil giant’s assets in that country.The world’s biggest oil company calculated that it added the equivalent of 1.6 billion barrels of crude oil […]
Filed under: SEC News | No Comments »
TRT executives not barred by SEC NUNTAWUN POLKUAMDEE The 111 banned executives of the Thai Rak Thai Party, including former prime minister Thaksin Shinawatra, still have the right to serve as directors of … via Bangkok Post Read full story
Filed under: SEC News | No Comments »
Topix SEC News Business >> Saturday February 16, 2008 MARKET / NEW REGULATIONS Speculative stocks take sharp fall NUNTAWUN POLKUAMDEE & CHADAMAS CHINMANEEVONG Speculative stocks fell sharply yesterday on the Stock Exchange of … via Bangkok Post Read full story
Filed under: SEC News | No Comments »
U.S. conglomerate General Electric Co is expected to make changes to its accounting policies in a bid to end a U.S. Securities and Exchange Commission probe, the Wall Street Journal reported on Tuesday citing … via Earth Times Read full story
Filed under: SEC News | No Comments »
The chairman and chief executive of industrial maintenance and construction services company Team Inc. via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Topix SEC News“XBRL is fast becoming the universal language for the exchange of business information and it is the future of financial reporting” WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission unveiled a Web site on Friday that lets investors launch charts and graphs to probe the financial data of a select group […]
Filed under: SEC News | No Comments »
“I do not understand how a Board which has overseen such heavy losses and actively participated in the continued decline of shareholder value, while, at the same time, personally benefiting financially, can react in this manner” An investment firm on Wednesday extended its unsolicited offer to buy the remaining shares in Transmeta, keeping Intel’s […]
Filed under: SEC News | No Comments »
“I appreciated Mr Li’s situation and his priority accorded to the overall interest of the community. I asked him to re-consider seriously his resignation. After serious consideration, he insisted to tender his resignation letter to me this evening” Donald Tsang, chief executive of the Hong Kong Special Administrative Region , said in a statement […]
Filed under: SEC News | No Comments »
Dan Schustack, 212-732-4300 dschustack@ceocast.com CytRx Corporation , a biopharmaceutical company engaged in the development and commercialization of human therapeutics, today announced that the Securities and … via PR-inside.com Read full story
Filed under: SEC News | No Comments »
Topix SEC News CHICAGO Bruce Sherman, whose Private Capital Management investment firm nearly single-handedly forced the sale of Knight Ridder — ushering in the era of Wall Street antipathy toward newspaper stocks — … via Editor & Publisher Read full story
Filed under: SEC News | No Comments »
Text of Securities and Exchange Commission Chairman Christopher Cox’s opening remarks to the Senate Banking Committee on Thursday, as provided by the SEC: Chairman Dodd, Senator Shelby, and Members of the … via The Modesto Bee Read full story
Filed under: SEC News | No Comments »
The senior vice president of international and strategic planning at Talbots Inc., an apparel retailer, bought 17,500 shares of stock, according to a Securities and Exchange Commission filing Tuesday. via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
Billionaire investor Warren Buffett’s holding company revealed new investments in Kraft Foods Inc. via BusinessWeek Read full story
Filed under: SEC News | No Comments »
“All there is is a high-tech lock pick.” NEW YORK : There is not much doubt that Oleksandr Dorozhko used inside information when he made a killing trading stock options last autumn. via International Herald Tribune Read full story
Filed under: SEC News | No Comments »
Topix SEC News MediaNews Group Inc., one of the nation’s largest newspaper chains, reported a 34 percent increase in fiscal second-quarter net income because of one-time gains including a legal settlement and the sale of … via International Business Times Read full story
Filed under: SEC News | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
An executive vice president of medical technology company Becton, Dickinson & Co. via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
Topix SEC News The chairman and chief executive at medical software company TriZetto Group Inc. via Forbes Read full story
Filed under: SEC News | No Comments »
“When these factors are unfavorable, TVA must increase its reliance on more expensive generation and purchased power.” The Tennessee Valley Authority reported a net loss of $17 million for the first quarter of 2008, in a filing with the Securities and Exchange Commission. via WVLT-TV Knoxville Read full story
Filed under: SEC News | No Comments »
A former chief financial officer of a company that manages orthodontic practices has agreed to pay a $100,000 fine to settle allegations that he fraudulently overstated the company’s revenue and earnings. via KATC-TV Lafayette Read full story
Filed under: SEC News | No Comments »
Topix SEC News“Thanks to the steadfast commitment of the Quercus Trust, WorldWater now has the funds critical to drive future growth” WorldWater & Solar Technologies Corp. , developer and marketer of proprietary high-power solar systems, today announced that it has raised $35.64 million from The Quercus Trust in a private placement of 20,000 … […]
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Take a look at your bond mutual funds. Do they make you feel cozy — insulated from the mortgage mess? Looks may be deceiving. via The Morning Call Read full story
Filed under: SEC News | No Comments »
Congoleum Corporation reported that it has received notice from the American Stock Exchange LLC that it no longer complies with the Amex’s continued listing standards and that the Amex is initiating immediate … via Earth Times Read full story
Filed under: SEC News | No Comments »
Topix SEC News Mumbai, Feb 7 : The Securities and Exchange Board of India and French market regulator Autorite des Marches Financiers have come to an agreement to promote fair and transparent capital markets in the two … via Newkerala.com Read full story
Filed under: SEC News | No Comments »
Topix SEC News First Citizens BancShares will pay newly retired vice chairman James B. Hyler $3 million over the next five years for not competing with his former employer. via News Observer Read full story
Filed under: SEC News | No Comments »
Topix SEC News“SEC has been meeting with all stakeholders to see that problems associated with public offers are addressed.” PIQUED by the increasing quantity of unclaimed dividends and sharp practices, delay in shares’ certificates dispatch by Registrars in the capital market, the Securities and Exchange Commission , the apex … via AllAfrica.com Read full […]
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
“Healthy competition would use the available information to highlight and reward successful past performance and to punish chronically poor and unreliable ratings” By Rachelle Younglai Reuters Friday, February 8, 2008; 1:39 PM WASHINGTON - The Securities and Exchange Commission may propose requiring credit rating agencies to differentiate between corporate bonds and … via Washington […]
Filed under: SEC News | No Comments »
“The lenders will release their money with interest through selling the investors’ shares during the market correction period. But the investors will have to count the losses” The Securities and Exchange Commission of Bangladesh yesterday cautioned small investors of possible risk in investing borrowed money in capital market. via Asia News Network Read full […]
Filed under: SEC News | No Comments »
Topix SEC News“It’s important to maximize the cutting-edge practices being developed by financial services firms to ensure that America’s senior investors are being protected and well-served by brokers, investment advisers, and others in the securities industry.” U.S. regulators announced an initiative to identify best practices used by financial services firms in dealing with senior […]
Filed under: SEC News | No Comments »
Topix SEC News New York’s top court ruled Thursday that lower state courts can’t enforce a $1 million fine for improper trading levied by a national regulator against a stock broker and his firm. via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
Topix SEC News Children’s Place Retail Stores Inc former Chief Executive Ezra Dabah said on Thursday he was confident he could make a bid to buy the company for $24 a share, sending its shares up 18 percent in pre-market … via Reuters Read full story
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Topix SEC News The Securities and Exchange Commission will consider a long-delayed plan that would require investment advisers to provide online brochures describing their services, fees and investment performance in an … via NYSSCPA.org Read full story
Filed under: SEC News | No Comments »
“Instead, Southwick operated a massive Ponzi scheme, paying existing noteholders with funds from new investors” Ogden businessman Val E. Southwick was charged in state court today with nine felony charges for allegedly bilking 817 investors out of $140 million in what is described as a massive Ponzi scheme involving a … via Salt Lake […]
Filed under: SEC News | No Comments »
Feb 6, 2008 - Pro-Pharmaceuticals, Inc. , a company “Advancing Drugs Through Glycoscience “, today announced that the U.S. Securities and Exchange Commission has declared its shelf registration statement … via Med Ad News Read full story
Filed under: SEC News | No Comments »
“Mr. Day and his family’s trusts and charitable foundations sold Societe Generale shares in December and January, which was a window of time where such trades were permitted under Societe Generale’s trading policies” An investigation by the Securities and Exchange Commission into stock trading by Claremont McKenna College donor Robert Day will not affect […]
Filed under: SEC News | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Topix SEC News A Chicago-area hedge fund, its investment adviser, its chief executive and two employees have agreed to pay $40 million to settle charges that they were involved in an illegal late trading scheme, the U.S. … via Chicago Business Read full story
Filed under: SEC News | No Comments »
Topix SEC News“The Commission’s strong commitment to recovering money from wrongdoers and returning it to investors is amply demonstrated by the more than $2 billion we distributed last year” The Securities and Exchange Commission said on Tuesday it has created a new office in the agency to quickly distribute financial penalties to wronged investors. […]
Filed under: SEC News | No Comments »
“As per the decision, investors would be able to buy shares of any group selling their shares excepting those of ‘Z’ category” The Securities and Exchange Commission has decided to lift restrictions from the financial adjustment or netting facilities with regard to share trading in order to enhance liquidity in the trading. via The […]
Filed under: SEC News | No Comments »
Topix SEC News“We doubt this is coming from either the SEC or DOJ since both have prohibitions against such leaks” U.S. regulators have not notified Societe Generale director Robert Day that they are investigating the stock sales he made before the French bank announced billions of dollars in losses by a single trader, … […]
Filed under: SEC News | No Comments »
“Few in trading have my experience, with an internationally renowned background in discreetly managing a multibillion-dollar portfolio.” Prosecutors are grilling him. His bosses are suing him. Securities regulators are dissecting his toxic trades. via Fulton County Daily Report Read full story
Filed under: SEC News | No Comments »
SEC News DigestRead full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Topix SEC News FairPoint Communications, Inc. today announced the Maine Public Utilities Commission issued a written order approving FairPoint’s proposed acquisition of Verizon’s wireline business in Maine. via Customer Interaction Solutions Read full story
Filed under: SEC News | No Comments »
Topix SEC News“It takes small businesses more time and money to comply with Sarbanes-Oxley than larger businesses, so I’m pleased that the SEC granted small firms an extension and initiated this study” Small public companies won’t have to comply with an internal-controls audit requirement for an additional year under a proposal announced Friday by […]
Filed under: SEC News | No Comments »
The president of athletic shoe and clothing maker Nike Inc. exercised options for and sold 24,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission … via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
The Securities and Exchange Commission of Pakistan has released the Real Estate Investment Trust regulations for 2008. via Jordan News.Net Read full story
Filed under: SEC News | No Comments »
Topix SEC News U.S. government prosecutors are investigating whether Swiss banking giant UBS misled investors by reporting inflated prices of mortgage-backed securities it held despite knowing those valuations had eroded, the … via Reuters Read full story
Filed under: SEC News | No Comments »
Topix SEC News A director of home builder Lennar Corp. bought 10,000 shares of stock, according to a Securities and Exchange Commission filing.In a Form 4 filed with the SEC, Sherrill Hudson reported he bought the shares in Miami-based Lennar for $18.59 to $18.61 apiece on Wednesday.Hudson is chairman and CEO of TECO Energy in […]
Filed under: SEC News | No Comments »
Shares of Salix Pharmaceuticals slumped in trading Thursday after the company said it won’t be profitable in 2008. via Bizjournals Read full story
Filed under: SEC News | No Comments »
Digital Realty Trust, Inc. today announced the pricing of an underwritten public offering of 12,000,000 shares of Series D Cumulative Convertible Preferred Stock at $24.25 per share for estimated gross proceeds … via The South Mississippi Sun Herald Read full story
Filed under: SEC News | No Comments »
TAMPA, FL, January 30 / MARKET WIRE/ — FTS Group, Inc. , an emerging acquisition and development Company operating in the Wireless, Technology and Internet space, today announced that its Chairman and Chief … via Customer Interaction Solutions Read full story
Filed under: SEC News | No Comments »
The chairman and chief executive of Winnebago Industries Inc., a large recreational vehicle manufacturer, exercised options for 30,750 shares of common stock, according to a Securities and Exchange Commission … via Canadian Business Magazine Read full story
Filed under: SEC News | No Comments »
Read full story
Filed under: SEC Updates | No Comments »
Read full story
Filed under: SEC Updates | No Comments »