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  • NEW YORK— Shares of insurer Genworth Financial Inc. fell Monday after the company disclosed an issue with its accounting. Genworth said in a filing with the U.S. Securities and Exchange Commission Monday that the error did not have a significant effect on its financial statements. Genworth shares fell 42 cents, or 5.4 percent, to $7.33 in afternoon trading...

  • TOANO, Va.— Lumber Liquidators is refuting a "60 Minutes" report that raised health concerns about some of its laminate flooring products and pushed its stock price to its lowest level in more than two years. In a Monday filing with the Securities and Exchange Commission, Lumber Liquidators said all of its laminate flooring meets the safety standards set by...

  • NEW YORK— Activist investor Carl Icahn has withdrawn his nominees to Gannett's board, ending a proxy fight with the USA Today publisher ahead of its planned split of its print and broadcast divisions. However, in a Monday filing with the Securities and Exchange Commission, Icahn said he had reached an agreement with Gannett over corporate governance rules and...

  • NEW YORK, March 2- The U.S. Securities and Exchange Commission may strip Vanguard Group, BlackRock Inc and State Street Corp, the oldest and biggest providers of exchange-traded funds, of an advantage they hold over newer rivals in how they assemble the shares of their funds, said sources familiar with the SEC. To do that, the SEC has said the securities used to create...

  • SEC probes companies' treatment of whistleblowers - WSJ Wednesday, 25 Feb 2015 | 11:16 PM ET

    The inquiries come as SEC officials have expressed concern about a possible corporate backlash against whistleblowers, the newspaper said. It couldn't be determined how many or which companies were sent the letters or what penalties the SEC could potentially levy in the probe, the Journal said. The 2010 Dodd-Frank Wall Street reform law gave the SEC the power...

  • Lumber Liquidators warns of possible criminal charges Wednesday, 25 Feb 2015 | 7:12 AM ET

    TOANO, Va.— Lumber Liquidators shares plummeted Wednesday after the floor retailer warned it may face criminal charges and be the subject of an upcoming "60 Minutes" segment. Lumber Liquidators said in a filing with the Securities and Exchange Commission that the U.S. Department of Justice may seek criminal charges under the Lacey Act, which prohibits importing,...

  • Goodyear paying $16M to settle bribery-related charges Tuesday, 24 Feb 2015 | 1:36 PM ET

    WASHINGTON— Goodyear will pay about $16 million to settle federal regulators' charges that it failed to prevent persistent bribery in Kenya and Angola aimed at winning tire sales. The Securities and Exchange Commission announced the settlement Tuesday with Goodyear Tire& Rubber Co., one of the world's biggest tire makers. The SEC said Goodyear's...

  • Feb 23- First Solar Inc and SunPower Corp said they were in advanced talks to form a joint venture, which will hold some of their power-generating assets. The solar companies said they intend to file with the U.S. Securities and Exchange Commission for an initial public offering of limited partner interests in the "yield co.". First Solar's shares rose 10.4 percent,...

  • NEW YORK— Keurig said Monday that it will pay about $624 million to buy back its shares owned by Italian coffee company Luigi Lavazza SpA. It sold about 2 million shares between Jan. 26 and Feb. 3, and about 380,000 shares on Jan. 23, according to filings with the U.S. Securities and Exchange Commission. Shares of Keurig Green Mountain Inc., based in Waterbury, Vermont,...

  • There have been venture exchanges approved by the SEC before, "White told reporters on the sidelines of the Practicing Law Institute's SEC Speaks conference. Although Congress passed a law in 2012 designed to help small companies raise capital and go public by easing certain burdens, many say the measures fall short and that more must be done.

  • The inflation adjustment argument was supported by the Securities and Exchange Commission in December 2009 before the House of Representatives Subcommittee on Capital Markets and again more recently before a bankruptcy judge, though the SEC did not submit arguments to the appeals court. The appeals panel noted that lawyers for the Securities Investor...

  • Gray Financial Group Inc and its top two executives have been the targets of an SEC investigation since at least August 2013, according to a complaint they filed in U.S. District Court for the Northern District of Georgia, but the agency has not yet filed a formal enforcement case. It said SEC officials have told Gray that it plans to file an administrative...

  • "I believe that a retrospective review is overdue," Mike Piwowar, a Republican member of the Securities and Exchange Commission, said. Piwowar's comments came at an SEC roundtable convened to explore bolstering the shareholder voting processes and retail participation. Later that year, the SEC made the rules mandatory without waiting to study the impact of the...

  • SEC Filing: Duke says it expects to settle criminal probe Wednesday, 18 Feb 2015 | 9:38 AM ET

    RALEIGH, N.C.— Duke Energy said Wednesday it expects to pay $100 million to settle an ongoing federal criminal investigation that began after a massive coal ash spill at a North Carolina plant. The details are contained in an earnings report filed with the Securities and Exchange Commission. The U.S. attorney's office in Raleigh began the investigation after a...

  • NEW YORK, Feb 17- Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a new stake in agricultural and construction equipment maker Deere& Co, one of a handful of changes in its stock holdings during the fourth quarter. Berkshire reported a 17.1 million-share stake, according to a U.S. Securities and Exchange Commission filing that detailed its...

  • MEXICO CITY, Feb 17- Mexican billionaire Carlos Slim and his family reduced their exposure to Argentine energy company YPF last year, selling just over 10 million shares, according to a filing with the U.S. Securities and Exchange Commission on Tuesday. The businessman, his family and their companies now directly and indirectly hold 22,070,000 YPF shares,...

  • SAN FRANCISCO, Feb 13- Alibaba Group Holding Ltd said on Friday it was asked by the U.S. Securities and Exchange Commission for information about its dealings with a Chinese regulator, coming just five months after the company's stock market debut. The SEC's request follows an unusually public fracas between Alibaba and China's State Administration for...

  • Alibaba: SEC asking about Chinese regulators Friday, 13 Feb 2015 | 4:58 PM ET
    Inside Alibaba Group Holdings headquarters.

    Chinese e-commerce giant Alibaba said it is talking with the U.S. SEC about its dealings with Chinese regulators and more.

  • NEW YORK, Feb 11- An administrative judge signaled on Wednesday that he may dismiss U.S. Securities and Exchange Commission charges against two former Wells Fargo& Co employees following a appellate court ruling limiting the reach of insider trading laws. Citing the ruling by the 2nd U.S. Circuit Court of Appeals in New York, Patil ordered the SEC to provide...

  • GE's move, disclosed in a filing with the U.S. Securities and Exchange Commission on Wednesday, comes at a time when regulators at the SEC are starting to more closely scrutinize proxy reforms in general. Several years ago, the SEC under then-chair Mary Schapiro adopted rules requiring public companies to let shareholders nominate directors to corporate...