Vanessa Blum writes for The Recorder, an American Lawyer affiliate.Investment advisers may think they’re better stock pickers than the average chimp, but that can’t be used by a company to defend against allegations of securities fraud, a federal judge ruled Read more »
Tag Archives: stock
Deutsche Bank plans Tier 2 as part of capital boost plans
By Aimee Donnellan Wed May 1, 2013 11:45am EDT LONDON, May 1 (IFR) – Deutsche Bank, rated A2/A+/A+, announced plans on Wednesday for a Tier 2 dollar-denominated bond. A two-week roadshow for the self-led bond will begin next week in Read more »
UPDATE 1-Kodak expects to exit bankruptcy as soon as July
By Tom Hals April 30 (Reuters) – Eastman Kodak Co said on Tuesday it expects to emerge from bankruptcy as soon as July as a commercial imaging business under the control of its creditors. Read more »
Spanish court orders Pescanova’s board to step down
MADRID, April 25 | Thu Apr 25, 2013 7:16am EDT MADRID, April 25 (Reuters) – A Spanish court accepted Spanish fishing firm Pescanova’s insolvency petition on Thursday and ordered its board of directors to be removed, a source with knowledge Read more »
UPDATE 1-Accounting scandal deepens at Spain’s Pescanova
* Chairman lent the firm 9.3 billion euros after stake sale * Big shareholders angry over chairman’s missteps * Future of chairman still uncertain By Tracy Rucinski and Carlos Ruano MADRID, April 16 (Reuters) – Spanish fishing firm Pescanova sank Read more »
Law Suit Filed: Maxwell Technologies Inc, MXWL Securities Fraud
March 13 2013 Company: Maxwell Technologies Inc, Ticker Symbol: MXWL Class Period: Apr-28-11 to Mar-7-13 Date Filed: Mar-12-13 Lead Plaintiff Deadline: May-11-13 Court: Southern District of California Allegations: San Diego, CA: A securities class action lawsuit has been commenced in Read more »
UPDATE 1-Spain’s Pescanova finds mismatch in its accounts
MADRID, March 12 | Tue Mar 12, 2013 9:59am EDT MADRID, March 12 (Reuters) – Spanish fishing company Pescanova said on Tuesday it had found discrepancies between its accounts and its bank debt. Pescanova’s statement comes a day after the Read more »
Insolvent German firm Hess in talks to find a buyer
FRANKFURT, March 12 | Tue Mar 12, 2013 12:04pm EDT FRANKFURT, March 12 (Reuters) – Insolvent German street light maker Hess is holding talks with potential investors with a view to finding a buyer for the scandal-hit company soon.Hess said Read more »
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