Sept 18- Canadian oil producer Penn West Petroleum Ltd said it was strengthening its accounting practices after a review uncovered irregularities that forced to company to restate some of its prior results.» Read More
*DuPont shares up 4 pct. Sept 17- Activist investor Nelson Peltz's Trian Fund Management LP urged DuPont to separate its high-growth businesses from the more cyclical ones, blaming the company's conglomerate structure for its "underperformance."
*Shoemaker Ultrasonic says cash in China, Hong Kong transferred. FRANKFURT/ HONG KONG, Sept 17- A Germany- listed shoemaker became the latest Chinese company to report the disappearance of top executives, underscoring the danger of doing business in the Asian powerhouse at a time of heightened scrutiny of its firms' corporate governance.
NEW YORK— James Speltz, the president and CEO of gadget retailer Brookstone, has resigned. Chief Merchandising Officer Steve Schwartz will serve as interim president and CEO. Schwartz has been with the Merrimack, New Hampshire, company for 15 years.
NAPLES, Fla.— Dodging a proxy fight with billionaire Carl Icahn, Hertz has added three of his chosen candidates to the board. Hertz CEO and Chairman Mark Frissora resigned earlier this month for personal reasons.
LOUISVILLE, Ky.— Humana's board of directors has replaced the health insurer's share buyback plan with a bigger authorization for $2 billion in repurchases. It replaces a $1 billion buyback plan, of which about $782 million was outstanding after the insurer bought back $118 million in shares in the third quarter.
According to the SEC, AgFeed's Chinese management kept two sets of books- a real one and a fake one to present to investors. The case has garnered some attention because the SEC also charged the company's former U.S.-based independent audit committee chairman, a rare move by the agency.
SAN FRANCISCO, Sept 15- More than 1,000 Hachette Book Group authors including Malcolm Gladwell, Stephen King and James Patterson have urged Amazon.com Inc's directors to end a contract dispute with their publisher that has cost some writers' 90 percent of their sales on the online retailer's website.
Sept 15- RadioShack Corp's chief financial officer resigned, citing personal reasons, amid reports that the cash-strapped electronics retailer was negotiating a financial package to help it avoid bankruptcy. Shares of RadioShack, which last week warned it may seek bankruptcy protection, rose as much as 23 percent on Monday.
CNBC's Dominic Chu reports current NFL vice president of community affairs Anna Isaacson will take on a new role in the league. Also, the league has retained the services of three senior advisors.
NEW YORK— Bankrate said Monday that the Securities and Exchange Commission is performing a formal investigation related to its financial results from 2012. The online publisher of financial data also announced that its chief financial officer has resigned.
Sept 15- Electronics retailer RadioShack Corp, teetering on the brink of bankruptcy, said John Feray resigned as chief financial officer on Friday, less than eight months after taking up the post.
Sept 15- Bankrate Inc, which runs financial information websites, said U.S. regulators were investigating its financial reporting during 2012 and that its chief financial officer of eight years had resigned.
Sept 15- Bankrate Inc, which runs financial information websites, said U.S. regulators were investigating its financial reporting during 2012 and that Chief Financial Officer Edward DiMaria had resigned.
Sept 15- Struggling electronics retailer RadioShack Corp, which is teetering on the brink of bankruptcy, said John Feray resigned as chief financial officer last week. Advisory firm AlixPartners has been helping RadioShack with its turnaround since July 2013.
FORT WORTH, Texas— RadioShack's chief financial officer has resigned after less than a year in the position. RadioShack warned last week that it may need to file for Chapter 11 bankruptcy protection. Standard& Poor's Ratings Services cut RadioShack's corporate credit rating further into junk territory on Thursday.
Sept 12- Hudson City Bancorp Inc said Chief Executive Ronald Hermance Jr., 67, passed away unexpectedly on Thursday evening, and named Chief Operating Officer Denis Salamone as successor. His passing comes before the close of M&T Bank Corp's acquisition of Hudson City for $3.7 billion.
A close look at RadioShack's business, what realistically can save the retailer, with Larry Perkins, SierraConstellation Partners CEO.
Rick Horrow says it's "inconceivable" to him that NFL Chief Roger Goodell saw the Ray Rice tape and only suspended the woman-puncher for two games.
Sept 12- Hudson City Bancorp Inc said its Chief Executive Ronald Hermance Jr. passed away unexpectedly on Thursday evening. Hermance, whose career spanned 26 years at Hudson City, was credited with overseeing Hudson City Savings Bank's reorganization to a publicly-held company from a mutual savings bank.
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