SEC finds basis to hit MPC with to hit MPC with (The Daily Tribune)
The new corporate watchdog of the Philippine Stock Exchange (PSE) has found evidence of insider trading allegedly committed by real estate developer Metro Pacific Corp. (MPC).
CAO 'sold stake to cover losses' (CNN.com)
SINGAPORE (Reuters) -- China Aviation Oil (CAO) sold a 15 percent stake in its listed Singapore unit to cover mounting derivative losses, in the city-state's biggest trading scandal since the collapse of Barings, according to court documents.
Microtune Executives Adopt Rule 10b5-1 Pre-Arranged Stock Sales Plans (Business Wire via Yahoo! Finance)
Microtune, Inc. announced today that its Chief Executive Officer and President, James A. Fontaine, and its Chief Operating Officer, Albert H. Taddiken, have adopted Rule 10b5-1 trading plans to sell portions of their Company stock over time as part of their respective individual long-term strategies for asset diversification and tax planning.
Experts question Renkes' large holding of KFx stock (10/31/04) (Anchorage Daily News)
PORTFOLIO: Shares were the biggest single portion of attorney general's investments.
The Insiders Are Selling. But Is That So Bad? (New York Times)
New research shows that pessimists are on shaky ground when they argue that recent heavy selling by company insiders is a bearish sign for the stock market.
Carly's Challenge (BusinessWeek Online via Yahoo! News)
The relief at Hewlett-Packard Co.'s Palo Alto headquarters was palpable. On Nov. 16, just 96 days removed from its biggest quarterly earnings miss in more than a decade, HP staffers celebrated the company's 2004 fourth-quarter results. The 66-year-old technology giant had rebounded nicely, notching a 27% hike in profits, to $1.1 billion, while sales jumped 8%, to $21.4 billion. The market whooped
Renkes to seek 3rd-party probe (10/2/04) (Anchorage Daily News)
CONFLICT OF INTEREST? Holding of stock in coal company questioned. A day after acknowledging stock ownership in a company he publicly promoted as Alaska attorney general, Gregg Renkes said he will ask an independent attorney to investigate conflict-of-interest allegations.
Renkes to seek 3rd-party probe (Anchorage Daily News)
A day after acknowledging stock ownership in a company he publicly promoted as Alaska attorney general, Gregg Renkes said he will ask an independent attorney to investigate conflict-of-interest allegations.