Pay package for Travelers Cos. CEO rises 20 percent in 2009 to $20.1 million Travelers Cos. gave its CEO a pay package worth $20.1 million last year, a 20 percent raise over his 2008 pay as the property and casualty insurer benefited ...
IronPlanet, online market place for used equipment, to raise $92 million with IPO IronPlanet Inc., which operates an online marketplace for used heavy equipment, plans to raise $92 million through an initial public offering. The Pleasanton, Calif. company said in a filing ...
Gov't says chemical maker Innospec pleads guilty to bribery, violating US embargo against Cuba Specialty chemicals maker Innospec Inc. pleaded guilty Thursday to federal charges of bribery, defrauding the United Nations and violating the U.S. embargo against Cuba, U.S. authorities said. The ...
NEW YORK (Reuters) - The son of prominent investor Mario Gabelli has won the dismissal of large parts of a U.S. Securities and Exchange Commission lawsuit alleging securities fraud related to market timing. U.S. District Judge Deborah Batts dismissed the SEC's claims ...
PNC Financial CEO pay nearly doubles in 2009, mostly due to restricted stock PNC Financial Services Group Inc. CEO James E. Rohr received compensation of $16.6 million in 2009, nearly double the total of 2008, but much of it was restricted stock ...
Dare I say it? I might be on the lawyers' side for once...(I said MIGHT!) Shares of Northwest Pipe (NWPX) are down almost 17% today, on news that a previously announced investigation into revenue recognition practices has turned into a "formal investigation" by the Securities and Exchange Commission. ...
The head of the Securities and Exchange Commission confirmed Wednesday that the agency is investigating several companies' actions in the run-up to the financial crisis of 2008. SEC Chairman Mary Schapiro said "it would be safe to assume" that the agency is ...
BOSTON (Reuters) - Investment news website TheStreet.com Inc said on Wednesday the U.S. Securities and Exchange Commission was investigating the company over the way it recorded revenue at a former subsidiary. The company, founded by television personality and former hedge fund manager ...
Schlumberger CEO's pay falls 4.2 pct to $13.1M in 2009 as co. hit by sluggish oil demand The chairman and CEO of Schlumberger Ltd., the world's biggest oilfield services company, saw his total compensation fall 4.2 percent in 2009 from a year ...
WASHINGTON (Reuters) - A Lehman Brothers bankruptcy examiner's report will help securities regulators in their investigation of large financial firms involved in the Wall Street meltdown, a top regulator said on Wednesday. Securities and Exchange Commission Chairman Mary Schapiro, testifying at a ...
