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Electronics firm's securities fraud case reinstated

2015-06-24 19:06:12| Electronics - Topix.net

A federal appeals court has reinstated a securities fraud class action lawsuit against an electronics company and three of its officers, who were charged with "knowingly and recklessly" propping up the company's stock price when it was being considered for an acquisition that eventually fell through. Tuesday's ruling by the U.S. Court of Appeals for the District of Columbia Circuit in In Re: Harman International Industries Inc. Securities Litigation focused on two statements officials of Stamford, Connecticut-based Harman allegedly made during conference calls with analysts in April and September 2007, and a third that was made in its annual report in August 2007.

Tags: case electronics securities firms

 

Chinese anti-corruption agency enlists help of telecom firms to track fugitives overseas

2015-06-23 09:48:27| Telecom - Topix.net

China Mobile is among the companies who will help with the investigations, according to the government's anti-graft agency. Photo: Reuters A government anti-corruption agency in eastern China has enlisted the help of three of the country's biggest telecom companies to help track down fugitives who have fled overseas.

Tags: track chinese agency firms

 
 

Chip Firms Focused on Returning Cash

2015-06-22 23:05:54| Electronics - Topix.net

Given the limited-growth environment, we see that large, diversified analog companies are focused on generating significant free cash flow and paying out this cash to shareholders.

Tags: cash focused firms returning

 

Chip Firms Focused on Returning Cash

2015-06-22 22:55:06| Semiconductors - Topix.net

Given the limited-growth environment, we see that large, diversified analog companies are focused on generating significant free cash flow and paying out this cash to shareholders.

Tags: cash focused firms returning

 

Revenue Remains on an Upward Track for MidAtlantic Firms

2015-06-22 06:00:00| ENR.com: Headline News

Megaprojects, an improved general building market and opportunities in oil and gas help bolster regional business at some design firms.

Tags: track remains revenue firms

 

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