MEMC Electronic Materials, Inc. today announced that its Chief Executive Officer, Nabeel Gareeb, has adopted a pre-arranged stock trading plan. The stock trading plan was adopted in accordance with guidelines specified under Rule 10b5-1 of the Securities and Exchange Act of 1934 and MEMC’s policies regarding insider stock transactions.
Jain earlier helped transform Deutsche Bank into a bond market powerhouse.
James Orr has entered into a pre-arranged trading plan for the possible sale of up to 340,000 shares of Convergys stock, the company said Monday.
China’s stock markets risk disruptions from record turnover and growing volatility, the Shanghai Stock Exchange has warned in the latest sign regulators are alarmed over the market’s recent surges.
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