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SEC clears PureFoods' P15-B preferred shares sale

2015-02-07 20:26:46| Beverages - Topix.net

The Securities and Exchange Commission has given its nod to the P15-billion preferred shares sale of San Miguel PureFoods Co. Inc. The food processing unit of diversified conglomerate San Miguel Corp. will sell up to 10 million perpetual Series 2 preferred shares with an oversubscription option of up to five million shares at an offer price of P1,000 per share.

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Tax Roundup, 2/5/2015: Conformity bill passes Iowa Senate with Sec....

2015-02-06 11:13:13| Trucking - Topix.net

Tax Roundup, 2/5/2015: Conformity bill passes Iowa Senate with Sec. 179, but without Bonus. And: buy Maserati, or pay tax? Iowa Senate passes conformity bill.

Tags: bill tax sec iowa

 
 

Alleged California insider trading ring charged by SEC

2015-02-05 21:26:15| Electronics - Topix.net

Four people in an alleged California-based insider trading ring are being charged with generating $750,000 in illegal profits in advance of corporate news announcements. The Securities and Exchange Commission alleged that John Gray, a former Barclays Capital analyst, and Christian Keller, who worked in finance at Applied Materials Inc. and Rovi Corporation, traded on confidential information on Applied Materials' merger and ahead of negative news about Rovi.

Tags: california sec ring trading

 

Alleged California insider trading ring charged by SEC

2015-02-05 21:07:17| Semiconductors - Topix.net

Four people in an alleged California-based insider trading ring are being charged with generating $750,000 in illegal profits in advance of corporate news announcements. The Securities and Exchange Commission alleged that John Gray, a former Barclays Capital analyst, and Christian Keller, who worked in finance at Applied Materials Inc. and Rovi Corporation, traded on confidential information on Applied Materials' merger and ahead of negative news about Rovi.

Tags: california sec ring trading

 

SEC Chair Directs Staff to Review Commission Rule Excluding Conflicting Proxy Proposals

2015-01-28 00:36:25| Grocery - Topix.net

On January 16, Securities and Exchange Commission Chair Mary Jo White announced that she has directed the SEC's staff to review Rule 14a-8 promulgated under the Securities Exchange Act of 1934, which allows an issuer to exclude a shareholder proposal that "directly conflicts" with one of the issuer's own proposals. Chair White's directive is a result of uncertainty created by the Staff's no-action letter issued to Whole Foods Market, Inc., which is described in detail in the Corporate and Financial Weekly Digest edition of December 12, 2014 .

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