Economy, Trade and Industry Minister Shoichi Nakagawa said Wednesday he will voluntarily give up one-month’s salary in the wake of the alleged misappropriation of 24 million yen in public funds by a senior ministry official for personal stock trading.
S&P 500 ends worst Jan since 1990
US stocks surged overnight after a major bond insurer reassured investors about its stability, fuelling a rebound by financial shares hammered recently by the prospect of crumbling credit markets.
GM Halts Stock Trading By Top Executives
General Motors Corp. has indefinitely forbidden most senior executives and other employees with access to internal financial information from buying or selling company stock, according to a published report.
Online Resources: As Good as Its Word
Don't say you weren't warned. In its first-quarter earnings conference call back in April, financial software provider Online Resources (Nasdaq: ORCC - News) hinted heavily at a desire to make one or more small-scale acquisitions of privately owned companies operating in its sphere. And the idea makes sense. Online Resources' success on the earnings front has its... more...
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