TOKYO -(Dow Jones)- Japan’s Securities and Exchange Surveillance Commission Tuesday recommended that the Financial Services Agency fine an employee of Germany’s Schott AG Y150,000 for alleged insider stock trading.
Major stock indexes were down in moderate trading Tuesday, as a larger-than-expected drop in a closely watched indicator of April manufacturing activity was outweighing a rise in May consumer confidence.
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Owens Corning has filed with the Securities and Exchange Commission to issue shares of its new stock as part of its plan to exit its six-year Chapter 11 bankruptcy.
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