3M chanced on certain funding and marketing related efforts in business groups in China, in its own internal investigation. It is cooperating with the U.S. Department of Justice and the Securities and Exchange Commission. In a significant development, 3M Co… Read More ›
regulatory filing
Dish Network closing on $6 billion deal for T-Mobile-Sprint Corp’s assets
The potential deal could be formally announced later this week. According to a report from Bloomberg which cites sources familiar with the matter at hand, satellite TV provider Dish Network Corp is in talks to purchase the wireless assets of… Read More ›
Papa John’s International Inc replaces KPMG with EY as its auditors
This is not a routine change of financial auditors… In a development that will certainly raise eyebrows, according to a regulatory filing by Papa John’s International Inc, it has dismissed KPMG LLP as its financial auditor and has appointed Ernst… Read More ›
Berkshire Hathaway Inc discloses $861 million stake in Amazon.com
Berkshire Hathaway Inc position in Amazon.com was made in a regulatory filing. Many investors monitor Berkshire’s quarterly filings for signs of which companies Buffett, Weschler and Combs see value. In a regulatory filing, Warren Buffett’s Berkshire Hathaway Inc disclosed that… Read More ›
Samsung Securities Co’s CEO resigns in the wake of fat finger error
South Korea’s financial regulators have fined Samsung Securities Co for its $105 billion ghost stock error. On Friday, Koo Sung-hoon, Samsung Securities Co’s CEO resigned from his job following the imposition of a 144 million won fine on the company…. Read More ›
GE CEO’s $2.7 million GE stock purchase underscores his confidence in the company
John Flannery is pushing to improve Ge’s overall profitability. The move highlights his confidence in the company’s future. As per a regulatory filing, John Flannery, General Electric Co’s new CEO has been buying nearly $2.7 million in GE stock in… Read More ›