Legal & Regulatory

Dole Food Corp Board Under Investigation

Dole Food Corp board of directors to be investigated for allegations of breach of fiduciary duties and other violations.


Pope Francis appoints Monsignor Ricca for the Vatican Bank

Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.

Bond Market Awaiting Federal Reserve Decision

The bond market is awaiting the Federal Reserve Bank decision on quantitative easing. (Photo : Reuters)The image is the facade of the Federal Reserve Bank.

Fed Reserve Decision on Quantitative Easing Anticipated by the Market

Fed Chairman Bernanke's announcements on quantitative easing is anticipated by the market. (Photo : Reuters)President Barack Obama's next choice to head the U.


Latest News

Dole's shareholders sue the company's board to stop it from accepting a deal offered by the company's top executive.
The Indian government deferred the proposed stake sale of Jet Airways to Etihad as it seeks more information regarding the ownership of the local carrier.
Seibu Holdings was questioned by Cerberus Capital Manamgement in an attempt to gain support from shareholders to shake up its board.
FINRA will be submitting to the SEC a process to clear broker's records. (Photo : Reuters)The image is FINRA's corporate logo. The Financial Industry Regulatory Authority or FINRA said that it would in the next few weeks send to the Securities and Exchange Commission a proposal that would allow securities brokers to clean up some of the black marks on their broker's records.
Pharmaceutical giant Pfizer Inc. (PFE) announced it had reached a settlement worth $2.15 billion with Teva Pharmaceutical Industries Ltd. (TEVA) and Sun Pharmaceutical Industries Ltd. (SUNP) after almost a decade of trials over Protonix sales in the United States.
Hewlett Packard's (HP) Indian unit faced a US$386 million order after the Indian customs department stated that the company has underpaid dues while importing spare parts and other products into India.
Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.
Lio Energy Systems Holdings and Miles Electric Vehicle filed for Bankruptcy last May 1. Sales have been slow for the electric automobile company. The same mishap has been experienced even by industry leaders GM, Ford, Nissan, and Honda Motor Co, when despite their heavy investments still experienced slow sales from electric vehicles.
Ambow Education has been ordered liquidated by a Cayman Islands court. (Photo : Reuters)The image is the team logo of Avenue Capital Group. Ambow Education Holdings Ltd of China was ordered by a court to go into provisional liquidation.
Virtus Health Pty Ltd great IPO start at 7% its premium and brings possible renewed interest on investing at private equity-backed firms.