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SEC hits Wild minority owner Philip Falcone with $18 million fine, 2-year ban
St. Paul Pioneer PressIron Ranger Philip Falcone, the self-made billionaire and minority Minnesota Wild owner who amassed a fortune betting against subprime mortgages before the 2008 financial crisis, was fined $18 million and barred from being an investment adviser for two...Tags: Minnesota Wild, National Hockey League, Mutual Funds, Finance, Chicago Blackhawks
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DP&L power plant to close
The Dayton Daily NewsThe AES Corp., the parent company of Dayton Power & Light, said Thursday that its first-quarter profit fell 76 percent due in part to costs associated with the local utility. In its filing with the Securities and Exchange Commission, the global energy...Tags: The AES Corporation, U.S. Environmental Protection Agency, Environmental Politics, Employees, Environmental Cleanup
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PRESS DIGEST - Wall Street Journal - May 15
ReutersMay 15 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Hedge fund billionaire Daniel Loeb's campaign to pressure Sony Corp into spinning off its...Tags: Standard & Poor's Financial Services LLC, The Walt Disney Co., Charles Schwab, Finance, Sony Corp.
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U.S.-Mexico deal on expanded Gulf oil drilling still in limbo
ReutersBy Roberta Rampton WASHINGTON, April 29 (Reuters) - More than a year after the United States and Mexico signed a much-lauded deal that would remove obstacles to expanding deepwater drilling for oil in the Gulf of Mexico, the agreement still has not...Tags: U.S. Department of State, Finance, Mexico, U.S. House of Representatives, U.S. Congress
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RPT-Fund manager Falcone's star dims with tentative US SEC settlement
ReutersBy Emily Flitter NEW YORK, May 9 (Reuters) - Philip Falcone's fall from hedge fund stardom deepened on Thursday when a public company he controls disclosed that the billionaire investor had reached a preliminary settlement with U.S. securities regulators...Tags: Corporate Officers, Analysts' Comments, Mutual Funds, Finance, Judges
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REIT to snap up more local foreclosures with IPO cash
Tribune reporterAn Arizona-based firm keen on owning foreclosed homes in the Chicago area and elsewhere as rental properties began trading Thursday on the New York Stock Exchange. American Residential Properties Inc., Scottsdale, Ariz., raised $287.7 million in an...Tags: Foreclosures, Realty, Real Estate, Labor Markets, Rentals
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SoftBank expects Sprint deal to save $3 bln a year
ReutersMay 9 (Reuters) - Japanese telecoms group SoftBank Corp expects more than $3 billion in annual cost savings by 2017 if it succeeds in its battle with Dish Network Corp to buy Sprint Nextel, a securities filing showed. Dish, the No.2 satellite...Tags: Sprint Nextel Corporation, Satellite Technology
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Judge approves claims process
The Dispatch, Lexington, N.C.Senior U.S. District Judge Graham Mullen granted a motion to approve the receiver's proposed claims process, which will be accessed online at http://www.zeekrewardsreceivership.com. All claims submission forms must be filed and received by 11:59 p.m. on...Tags: U.S. Postal Service, Judges, Securities, Justice System
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Quintiles shares rise 11 percent in market debut
Reuters(Reuters) - Shares of drug research company Quintiles Transnational Holdings rose as much as 11 percent in its market debut, valuing the company at as much as $5.73 billion. The Durham, North Carolina-based clinical trials company's initial public...Tags: Stock Market, Taxation, NYSE Euronext, Inc., Bain Capital, LLC, Covance Incorporated
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BRIEF: Texas professor to head University of Kentucky accounting school
The Lexington Herald-LeaderAn accounting professor at the University of Texas at Austin has been named the new director of the University of Kentucky's accounting school. Urton Anderson is expected to start his job at the Von Allmen School of Accountancy, part of the UK's Gatton...Tags: Teachers, Teaching and Learning, University of Kentucky, Colleges and Universities, University of Texas at Austin
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CBOE expects to be fined by U.S. SEC for regulatory shortcomings
ReutersSAN FRANCISCO, May 8 (Reuters) - CBOE Holdings Inc expects to be fined as much as $10 million to resolve a probe by federal authorities into its duties as a self-policing organization. It also expects any settlement to require it to beef up its...Tags: Punishment, Charles Schwab, Fines
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BRIEF: Armada Hoffler shares begin trading on NYSE
The Virginian-PilotShares in Virginia Beach-based Armada Hoffler Properties have been trading around $11.50 Wednesday, the first day of trading for the real estate investment trust. The company expected its opening shares to sell between $11 and $13, according to an...Tags: Stock Market, NYSE Euronext, Inc., Real Estate Sellers
May 10, 2013
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May 10, 2013
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May 14, 2013
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Apr 29, 2013
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