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Trinity Industries (TRN) Stock Sinking Today Amid Criminal Probe

2015-04-25 12:58:12| Railroads - Topix.net

For the first quarter, the company earned $1.13 per share, down from the $1.42 per share it reported in the same quarter of last year. Both the top and bottom line surpassed Wall Street earnings estimates of 96 cents per share on revenue of $1.58 billion for the quarter, according to analysts polled by Thomson Reuters.

Tags: today stock industries criminal

 

Chesapeake Energy will pay to settle Michigan lease probe

2015-04-25 00:00:55| Oil & Gas - Topix.net

Officials say an Oklahoma energy company has pleaded no contest to attempted antitrust violations in Michigan and agreed to pay $25 million to settle claims that it conspired to keep prices down during an auction for oil and gas leases. Michigan Attorney General Bill Schuette says it's a victory for property owners who "took deep hits" in the 2010 auction.

Tags: pay energy michigan lease

 
 

Chesapeake Energy will pay to settle Michigan lease probe

2015-04-24 23:32:59| Energy - Topix.net

Officials say an Oklahoma energy company has pleaded no contest to attempted antitrust violations in Michigan and agreed to pay $25 million to settle claims that it conspired to keep prices down during an auction for oil and gas leases. Michigan Attorney General Bill Schuette says it's a victory for property owners who "took deep hits" in the 2010 auction.

Tags: pay energy michigan lease

 

United Technologies subpoenaed by SEC as part of formal anti-bribery probe

2015-04-24 15:03:47| Industrial Machines - Topix.net

The subpoenas seek documents related to internal investigations into the company's aerospace and commercial businesses, including but not limited to Otis businesses in China. United Technologies had previously disclosed that it made voluntary disclosures in December 2013 and January 2014 to the U.S. Department of Justice, the SEC and the U.K.'s Serious Fraud Office regarding an internal investigation into a "non-employee sales representative retained by United Technologies International Operations, Inc. and IAE for the sale of Pratt & Whitney and IAE engines and aftermarket services, respectively, in China."

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United Technologies subpoenaed by SEC as part of formal anti-bribery probe

2015-04-24 14:28:13| Paper - Topix.net

The subpoenas seek documents related to internal investigations into the company's aerospace and commercial businesses, including but not limited to Otis businesses in China. United Technologies had previously disclosed that it made voluntary disclosures in December 2013 and January 2014 to the U.S. Department of Justice, the SEC and the U.K.'s Serious Fraud Office regarding an internal investigation into a "non-employee sales representative retained by United Technologies International Operations, Inc. and IAE for the sale of Pratt & Whitney and IAE engines and aftermarket services, respectively, in China."

Tags: part united sec technologies

 

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