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May 24, 2007

China’s stock watchdog fines company manager for insider trading

The China Securities Regulatory Commission (CSRC) announced Wednesday it has fined a former company manager 200,000 yuan (26,130 U.S. dollars) in the latest case of insider trading.

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Itron CEO Adopts 10b5-1 Stock Trading Plan

Itron Inc. announced today that LeRoy Nosbaum, chairman and chief executive officer, has adopted a stock trading plan to sell a portion of his Itron shares in an orderly manner. The plan is in accordance with guidelines specified by Rule 10b5-1 under the Securities and Exchange Act of 1934.

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SBI, Softbank to Release Specialized Mobile Handset for Stock Trading

Tokyo, Dec 12, 2007 (Jiji Press) - SBI Holdings Inc. and Softbank Mobile Corp. said Wednesday that they plan to release next spring a mobile phone handset with preinstalled software for stock transactions.

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TECH TICKER

A San Mateo County judge Tuesday approved a legal settlement that will require Oracle Chief Executive Larry Ellison to donate $100 million to charity and pay $22 million to the attorneys whose lawsuit contended stock-trading abuses -- forcing Ellison to dig deeper into his pockets than he originally wanted. More...

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