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Financial Reporting Requirements News

UPDATE 1-Second senior Democrat to face ethics trial-source Saturday, July 31, 2010 @ 10:00AMUPDATE 1-Second senior Democrat to face ethics trial-source
Second senior Democrat to face ethics trial: source Saturday, July 31, 2010 @ 8:57AMA second senior Democratic lawmaker may face a public ethics trial this fall, posing a possible setback to the party's efforts to keep control of the House of Representatives in the November elections.
Business owners face retirement plan deadlines Saturday, July 31, 2010 @ 7:14AMContributing to retirement plans became less of a priority or even an impossibility for many companies that struggled with cash flow problems during the recession.
Second senior Democrat to face ethics trial: source Saturday, July 31, 2010 @ 12:58AMA second senior U.S. Democratic lawmaker intends to fight congressional ethics charges, a source said early Saturday, complicating the party's efforts to retain control of the House in the November elections.
Lawyer Transitions: Money Isn't Everything Saturday, July 31, 2010 @ 12:07AMThe legal job market is waking from its doldrums, which may mean more opportunities to transition to new jobs, say consultants Valerie Fontaine and Roberta Kass. In this article, the first in a new series, the authors discuss the factors to consider when contemplating a move.
Police apologize in person to 'wanted' journalist Friday, July 30, 2010 @ 9:13PMPolice in east China were heading to Beijing Friday to offer a face-to-face apology to a journalist whom they wrongly subjected to an arrest warrant, local authorities said Friday.
Audit Notes: Illiquid Lehman, Drumbeat.org, Markets Rule Friday, July 30, 2010 @ 7:05PMIt’s disappointing that this issue has been almost completely overlooked, because the brazenness of their misrepresentation was shocking.
UPDATE 1-US House votes to end offshore drilling moratorium Friday, July 30, 2010 @ 6:35PMUPDATE 1-US House votes to end offshore drilling moratorium
SAP Further Enhances Arabic Business Offer to Support MENA Mid-Market Sector Sunday, July 25, 2010 @ 2:31AMDUBAI, United Arab Emirates -- 25 July 2010 -- In continued support of more than 800 customers in the Middle East and North Africa (MENA) region, SAP SAP is reinforcing its Arabic language platform by adding the Arabic version of SAP SAP Business All-in-One Enterprise Resource Planning (ERP) software to its portfolio of solutions in the region.
One-man crusade against store fees Sunday, July 25, 2010 @ 1:13AMMarcus Patten is a consumer advocate. A full-time associate television producer from Bristol, Patten has been carrying on a small battle on behalf of consumers like himself for the past year.
Benefit in Honor of 2008 Motorcycle Accident Victims Saturday, July 24, 2010 @ 6:30PMA benefit was held today in honor of Denise and Chuck Leadingham who were killed in a 2008 motorcycle accident.
Earthquake Shakes Braxton County Saturday, July 24, 2010 @ 6:30PMA small earthquake shook part of Braxton County Saturday morning.
Copper Stolen from Boone Co. Mine, Eight People Facing Charges Saturday, July 24, 2010 @ 1:31PMState Police are pressing charges against a group accused of stealing about $30,000 worth of copper from a Boone County mine.
ACLU agrees to settle ESP suit Saturday, July 24, 2010 @ 1:01PMThe American Civil Liberties Union and the ACLU of Nevada July 15 filed in federal court a proposed agreement between more than 1,000 prisoners at Ely State Prison and top state prison and governmental officials that would settle a 2008 lawsuit.
WVU Basketball Coach Bob Huggins in Hospital Saturday, July 24, 2010 @ 12:45PMWest Virginia University basketball coach Bob Huggins is expected to make a full recovery after being hospitalized for broken ribs during a Las Vegas recruiting trip.
Car Catches Fire in Front of Restaurant Friday, July 23, 2010 @ 11:00PMA car caught on fire in front of a restaurant Friday evening, and it was quite a sight.
Ashland Pair Charged with Drug Trafficking Near a School Friday, July 23, 2010 @ 9:45PMAn Ashland area man and woman were arrested late Thursday night and charged with felony drug trafficking near a school, according to a news release from the Boyd County Sheriff's Department.
Large Sinkhole Discovered in Downtown Huntington; Some Roadways Closed Friday, July 23, 2010 @ 9:30PMA large sinkhole was discovered Friday evening at the intersection of 4th Avenue and 5th Street, causing roadways in that area to be closed, according to a Huntington Police Department news release.
Seeking Federal Flood Assistance Not Necessarily Easy Friday, July 23, 2010 @ 9:00PMFederal help does not come in one neat package for flood victims.
Deep Fryer Catches Fire, Closes West Hamlin Hardee's Friday, July 23, 2010 @ 8:15PMThe Hardee's in West Hamlin is temporarily closed after one of its deep fryers caught on fire Friday evening.
Logging Accident Reported in Nicholas County Friday, July 23, 2010 @ 7:30PMNicholas County 911 dispatchers say the accident happened in the small logging town of Muddlety about 6:30 p.m. Friday evening.
Floodwaters Wash Away Bridge, Stranding Woman Friday, July 23, 2010 @ 6:00PMFor one woman, floodwaters have left her up a creek -- without a bridge. She's stranded with no way to get to work or pay the bills.
MaloneBailey Defends Use of Chinese Auditors Friday, July 23, 2010 @ 4:30PMHouston-based accounting firm MaloneBailey has responded to a recent alert from the Public Company Accounting Oversight Board that cautioned auditing firms against relying on foreign auditors, particularly in China, to do their work.
Father Sam pleads guilty Friday, July 23, 2010 @ 1:16PMFather Sam pleads guilty
FSA announces tougher prudential standards for credit unions Friday, July 23, 2010 @ 7:03AMThe Financial Services Authority (FSA) has today published its near final rules to strengthen the financial resilience of the credit union sector and reduce the number of credit union failures.
Gaming analysts say Atlantic City needs to be refocused, marketed as oceanfront vacation resort Thursday, July 22, 2010 @ 7:28PMSome say casino industry needs to increase marketing: Atlantic City spends $8M compared to Las Vegas's $100M annual marketing fund
Bright co-sponsors act to remove small businesses' burdens in Health Care Bill Thursday, July 22, 2010 @ 5:25PMCongressman Bobby Bright recently co-sponsored the Small Business Paperwork Mandate Elimination Act, a bill designed to remove burdensome paperwork requirements for small businesses.
Latest on expected passes fails from bank tests Thursday, July 22, 2010 @ 12:14PMWith its weakest banks still dependent on help from the European Central Bank "stress tests" on lenders due from regulators on Friday aim to bolster confidence in the sector by showing which are healthy and which need to raise new capital.
West Interactive Acquires TuVox Thursday, July 22, 2010 @ 9:40AMOMAHA, Neb.----West Interactive, a leading provider of hosted and managed automated customer contact solutions, today announced it has acquired TuVox, a premier provider of on-demand speech and IVR applications.
Corporate/Company Law Thursday, July 22, 2010 @ 9:30AMThe Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act") includes several important corporate governance and compensation provisions that will impact most public companies.
NuEarth Financial Disclosure and Website Updates Thursday, July 22, 2010 @ 9:30AMNuEarth Corporation , a manufacturer and marketer of "Clean & Green" products and technology, announced today that it has updated its financial disclosure statements for the quarters ending in March and May 2010 with PinkSheets.com in an effort to upgrade its disclosure information. Â In addition the company's Website "www.nuearthcorp.com" has been updated with ...
NMC paid $60K to former CFO for contractual work Thursday, July 22, 2010 @ 9:08AMTwo years after leaving the Northern Marianas College, former chief financial and administrative officer Raaj Kurapati continues to work for the institution and has been paid $60,000 to date for contractual work that range from analyzing audit reports, to training an incoming CFO, to reviewing NMC's procurement policies and procedures.
ID Experts Announces RADAR™: A HITECH Risk Assessment Tool For Healthcare Security Breach Incidents Affecting Patient ... Thursday, July 22, 2010 @ 8:56AMWhenever there is a security breach of any size involving protected health information (PHI), the healthcare industry is now required under the HITECH Act to complete an incident-specific risk assessment. ID Experts®, the leader in comprehensive data breach solutions that deliver the most positive outcomes, announced RADAR Risk Assessment Documentation and Reporting the industry's first expert ...
PNC Reports Strong Second Quarter Net Income of $803 Million Thursday, July 22, 2010 @ 8:51AMThe PNC Financial Services Group, Inc. today reported net income of $803 million, or $1.47 per diluted common share, for the second quarter of 2010 compared with net income of $671 million, or $.66 per diluted common share, for the first quarter of 2010 and net income of $207 million, or $.14 per diluted common share, for the second quarter of 2009.
New Online Training Courses from BLR Show Employers How to Improve Employee Wellness by Promoting Stress Management ... Monday, July 19, 2010 @ 7:00PMThe BLR Employee Training Center Expanded to Include Online Courses dedicated to Increasing Employee Wellness and Helping Employers Run a Corporate Wellness Program
A Keynesian Success Story - Germany's New Economic Miracle Monday, July 19, 2010 @ 4:30PMDuring the worst of the global financial meltdown, Berlin pumped tens of billions of euros into the economy and spent hundreds of billions propping up German banks. Now, the country is reaping the benefits as Germany is once again Europe's economic motor.
Schwabo Capital Corporation Announces Change of Auditor Monday, July 19, 2010 @ 3:53PMTORONTO, ONTARIO--(Marketwire - July 19, 2010) - Schwabo Capital Corporation (the "Corporation" or "Schwabo") (NEX : SBO.H) is pleased to announce that the appointment of McGovern, Hurley, Cunningham LLP, of Toronto, Ontario as the auditor of the Corporation has been completed. The shareholders of the Corporation approved the appointment at the annual and special shareholder meeting held on June ...
Financial Reform: The Devil Is in the Details Monday, July 19, 2010 @ 3:43PMAttention now turns to regulators for the issuance of more than 200 separate sets of regulations mandated by the new law.
Schwabo Capital Corporation Announces Change of Auditor Monday, July 19, 2010 @ 3:41PMTORONTO, ONTARIO-- - Schwabo Capital Corporation is pleased to announce that the appointment of McGovern, Hurley, Cunningham LLP, of Toronto, Ontario as the auditor of the Corporation has been completed.
China Energy Corp. Reports Financial Results for Second Quarter of Fiscal Year 2010: Reaffirms Fiscal Year 2010 Guidance Monday, July 19, 2010 @ 3:10PMChina Energy Corporation , , a coal trader and a leading producer and processor of raw coal for domestic heating, electrical generation, and coking purposes for steel production and a supplier of heating and electric energy services, in Inner Mongolia, recently announced financial results for the second quarter of its fiscal year ending May 31, 2010.
TMNG Global Amends Stockholder Rights Plan to Increase Ownership Threshold Monday, July 19, 2010 @ 3:00PMOVERLAND PARK, Kan. -- The Management Network Group, Inc. today announced that it has amended and restated its stockholder rights plan . The Company previously announced in May 2010 its intention to amend the Rights Plan.
Add This Article To: Monday, July 19, 2010 @ 2:50PMInvestors might be jittery about the economy, but Intel doesn't appear to be, reporting glowing results for the second quarter of its 2010 financial year. "Strong demand ... helped Intel achieve the best quarter in the company's 42-year history," said Paul Otellini, the company's president and CEO.
Bankers: Industry reforms likely to cut into lending Saturday, July 10, 2010 @ 10:26AMIn what the Colorado Banking Association has called a “controversial, last-minute bank-assessment tax,” Congress has asked banks to cover the costs of the new Consumer Financial Protection Bureau. The bank would do so by increasing the deposit insurance fund of the Federal Deposit Insurance Corp. Of course, increasing the insurance fund means asking banks to cough up [...]
Is it OK to run credit checks on tenants? Saturday, July 10, 2010 @ 12:34AMA property manager wants to know which residents might have trouble paying rent, but credit reports aren't the best method. Question: I was recently hired to manage a rental property with 32 units. Given the current economic uncertainty, I want to review the financial records of the residents to decide which of them are financially stable and which can be expected to have trouble paying the rent ...
Mercer Gold Corporation Reports Resignation of Director Friday, July 9, 2010 @ 4:00PMMercer Gold Corp. announces that effective July 7, 2010, the Board of Directors of the Company accepted the resignation as a director of the Company from Devinder Randhawa.
ING Clarion Global Real Estate Income Fund "IGR" Declares Monthly Distribution for July Friday, July 9, 2010 @ 3:53PMPHILADELPHIA----The Board of Trustees of the ING Clarion Global Real Estate Income Fund , which trades on the New York Stock Exchange under the symbol “IGR”, declared a monthly distribution of $0.045 per share for the month of July 2010.
U.S. stocks rise, track for 5% weekly advance Friday, July 9, 2010 @ 2:42PMU.S. stocks head higher Friday afternoon and are on pace to post their best performance in nearly a year.
SEC Takes Aim at Market Maker Obligations Friday, July 9, 2010 @ 2:12PMRegulators are trying to fix the way markets function to prevent another May 6-style crash
MARKET SNAPSHOT: U.S. Stocks Head To Best Week In A Year Friday, July 9, 2010 @ 1:51PMMARKET SNAPSHOT: U.S. Stocks Head To Best Week In A Year
Companies reluctant to raise cash: RBC world survey Monday, July 5, 2010 @ 1:59PMTORONTO (Reuters) - Senior executives from around the world are holding off on major fund-raising plans as they wait for global economies to stabilize further, a study by the Economist Intelligence Unit for Royal Bank of Canada shows.