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BMS Paying $14.6M to Settle SEC Charges on Payments in China

2015-10-05 18:29:41| Biotech - Topix.net

Bristol-Myers Squibb will pay $14.6 million to settle charges from U.S. regulators that its joint venture in China gave cash and other benefits to government health care providers in exchange for drug sales. The Securities and Exchange Commission announced the settlement of civil charges Monday with the company, one of the largest drugmakers in the world.

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Hitachi pays SEC $19m over SA payments

2015-09-28 21:38:38| BBC News | Business | UK Edition

Japanese firm Hitachi reaches a $19m (12.5m) deal with US regulators who say it made improper payments to South Africa's ruling party for contracts to build power plants.

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Stein Mart charged by SEC with improperly valuing inventories

2015-09-22 20:47:15| Apparel - Topix.net

Stein Mart reduced the value of inventory subject to these markdowns at the time the item was sold rather than immediately at the time the markdown was applied, the SEC said. As a result, Stein Mart materially misstated its pretax income in certain quarterly public filings with the SEC, including an overstatement of almost 30% in the first quarter of 2012, the SEC alleged.

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Portable Automated Cell Counter produces results in 15 sec.

2015-09-22 14:31:06| Industrial Newsroom - All News for Today

Via automated cell counting and detailed reporting, 195 x 237 x 272 mm Cell Counter model R1 conserves time and simplifies counting process for routine cell culturing. Features include liquid lens autofocus technology, which mimics how human eye focuses; multifunctional software, and 7 in. touchscreen with intuitive UI. Unit can store up to 1,000 counts and 300 different cell protocols for accelerated setup and counting, and counts (as well as images) can also be saved and exported.

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Navistar may face SEC lawsuit, posts 12th consecutive loss

2015-09-02 20:08:52| Automakers - Topix.net

Navistar said it received Wells notices from the U.S. Securities and Exchange Commission that recommended enforcement action against the company and former Chief Executive Officer Daniel Ustian for allegedly violating regulations of disclosures and financial statements. During a conference call with analysts, Navistar officials said they could not comment on the case beyond saying the company was working on its response to the Wells notices.

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