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March 13, 2006

Mitsui’s subsidiary sacks worker for embezzling 200 mil. yen

_ Kokusai Oil & Chemical Co., a wholly owned subsidiary of trading house Mitsui & Co., said it dismissed an accounting department worker on Monday for allegedly embezzling about 200 million yen.

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UPDATE: SEC orders suspension of Nature's Sunshine's stock trading

Provo-based direct seller has 21 days to appeal order An administrative law judge with the U.S. Securities and Exchange Commission on Friday ordered the stock registration of Nature's Sunshine Products Inc. to be revoked, citing its failure to file audited earnings reports since 2005. Administrative Law Judge Carol Fox Foelak, in an order issued Friday, said the revocation of the Provo direct

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Gilead's boss sets up stock sale plan

John Martin, president and CEO of Gilead Sciences Inc., set up a stock trading plan on Wednesday.

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Risk-taker submits to its rival

Bear Stearns is tripped up by its aggressive style. JPMorgan's rescue move is a return to its roots. It weathered the 1929 stock market crash without laying off any workers. It survived the Great Depression that followed, plus wars, recessions and the 1994 bond market crash. But 85-year-old Bear Stearns Cos. met its downfall in the sub-prime mortgage crisis.

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