Thomas Curran, Peckar and Abramson, discusses raised questions about SEC employee stock trades.» Read More
The IPO market may not be as large as it once was, but there is still expected to be plenty of room for this week's debut of private equity powerhouse Blackstone Group, likely one of the biggest initial public offerings in U.S. history.
Federal regulators are considering allowing public companies to choose between international and U.S. accounting standards for reporting their financial results, a move that could bring a seismic shift in corporate reckoning.
The leaders of the Senate Banking Committee Wednesday asked the Treasury Department and the Securities and Exchange Commission for analysis of legislation that would raise taxes on private equity funds going public, like Blackstone Group.
Well folks, I’ve never thought I’d utter this phrase: I am a murder suspect. But, truth be told, I apparently am. This according to World Wrestling Entertainment, who gave me this statement when I called them yesterday to answer whether they were irresponsible in issuing a news release that “Mr. McMahon” was “presumed dead” after his limo was blown up last Monday. Here’s what they sent me:
Dan Pedrotty, director of the AFL-CIO’s Office of Investment, told CNBC’s “Morning Call” that Blackstone Group should be required to register as an investment company before launching its IPO.
Blackstone Group's much-awaited initial public offering is set for the week of June 25, underwriters said.
The Bush administration rejected a Securities and Exchange Commission recommendation in a key Supreme Court case and did not support shareholders suing Wall Street banks for damages over Enron's collapse.
U.S. securities regulators are planning to fine Nortel Networks up to $100 million for accounting fraud, Bloomberg reported on its Web site on Friday.
IBM misled investors by overestimating the impact of stock-based compensation expenses on quarterly earnings in 2005, the U.S. Securities and Exchange Commission said.
There is a multibillion-dollar gap between what public companies book as expenses for their executives' stock options and what they report to the IRS under two different sets of rules, according to Senate investigators and a key senator who is seeking to change the reporting system.
In court documents filed in New York, the SEC alleged that Barclays and Steven Landzberg, the former head proprietary trader for Barclays' U.S. distressed debt desk, illegally traded millions of dollars of bond securities between March 2002 and September 2003.
The U.S. securities regulator is probing whether two Dow Chemical executives engaged in unauthorized talks to sell the company, according to a source close to the matter.
General Motors said that U.S. government officials have requested documents relating to its accounting of derivatives and said its exposure to bankrupt auto parts maker Delphi was probably $7 billion.
Hewlett-Packard should have disclosed the reason one of its directors resigned in the midst of the company's boardroom spying scandal last year, federal regulators said Wednesday.
The U.S. Securities and Exchange Commission approved new guidance to help companies comply with what critics say is a burdensome and costly provision of the Sarbanes-Oxley corporate reform law.
The effort to require hedge funds to register just doesn't die. After the court struck down the Securities and Exchange Commission's mandate to require registration, Sen. Charles Grassley picked up the torch. But Senator, consider the comments of the US Attorney for the State of Connecticut.
Two funds are leading a charge to overturn the rules that require them to file quarterly holdings information, maintaining that such disclosures are trade secrets.
Securities and Exchange Commission Chairman Christopher Cox said he has ordered the creation of a new office that will work full-time to return funds to investors harmed by stock fraud.
Apple's annual shareholder meeting was short on news, but long on drama with several investors grilling the Apple directors who did show up with questions about the stock options backdating scandal.Apple's entire directors' slate was re-elected, as expected. None of the shareholder resolutions passed, as expected.The fireworks and interesting nuggets came during the shareholder question-and-answer session.This is the first paragraph/short story.
Thursday of this week will be an unusual day for the world of tech. Both Apple and Google will each hold their annual shareholders meetings within ten miles and a few hours of each other. Tech's top two names will speak directly to their shareholders, yet the meetings may have decidedly different tones.