(Reuters) - Bank of America Corp gave its top executives a collective 12 percent pay raise in 2013, according to a filing with the U.S. Securities and Exchange Commission on Friday.
“NEW YORK, March 7, 2014 (GLOBE NEWSWIRE) — Icahn Enterprises L.P. (Nasdaq:IEP) today issued the following statement: On April 2, 2013, the Securities and Exchange Commission (“SEC”) issued a report in which it provided guidance to issuers regarding the use of social media to disclose material non?public information. Show More Summary
By Greg McFarlane With 4778 exchange-traded funds (ETFs) in existence, what’s one more? In October 2013, J.P. Morgan Chase filed with the Securities & Exchange Commission to announce its long-awaited entry into exchange-traded funds, with the creation of the J.P. Morgan Global Equity ETF. The filing is notably sparse in defining the fund, with telltale [...]
Gregory A. Weaver has closed his fund’s investment in American Electric Technologies, Inc. (NASDAQ:AETI). In a recent filing with the Securities and Exchange Commission, Invicta Capital Management revealed the sale of the 645,410 shares it had previously owned. Show More Summary
As stated in a recent filing with the Securities and Exchange Commission, Tom Sandell has increased his fund’s stake in Bob Evans Farms Inc (NASDAQ:BOBE) to a little over 2 million shares from 1.15 million held previously. Sandell Asset Management‘s new position accounts for approximately 8.1% of the company’s common stock. Given the share price of $48.38, the […]
Jeffrey Ubben is still bullish on Willis Group Holdings PLC (NYSE:WSH). According to a recent Form 4 filing with the Securities and Exchange Commission, Ubben and his fund, ValueAct Capital, have increased their stake in the company through the purchase of 207,900 shares in four transactions at prices between $40.92 and $41. As a result, ValueAct and Ubben currently […]
CHICAGO (Reuters) - The U.S. Securities and Exchange Commission has launched an inquiry into whether high-speed trader Infinium Capital Management violated federal securities laws, according to a SEC letter obtained by Reuters.
It took a mandatory Securities and Exchange Commission filing, but McDonald's appears to have finally acknowledged the obvious in its recently-issued 2013 annual report: it may have to pay its workers more money. Still, don't mistake McDonald's CEO Donald Thompson for Henry Ford. Show More Summary
Chase Coleman and Feroz Dewan are bullish on dELiAs, Inc. (NASDAQ:DLIA). In a recent filing with the Securities and Exchange Commission, their fund, Tiger Global, has revealed an increase in its position to approximately 4.47 million shares from 3.4 million held previously. As a result, Tiger now holds 6.3% of the company’s common stock. Tiger Global has […]
Interesting bit from Slate (via Business Insider) from last week tracing he shockingly good record of Securities and Exchange Commission (SEC) employees when it comes to making trades at the right time in stocks of companies the SECShow More Summary
News reports have suggested that staff members of the Securities and Exchange Commission were profiting from stock sales. But the employees were just lucky rather than sharp insider traders, writes Steven M. Davidoff in the Deal Professor column.
A newly amended filing with the Securities and Exchange Commission showed that Mario Gabelli‘s GAMCO Investors have upped its position in Griffon Corporation (NYSE:GFF). GAMCO currently holds 6.75 million shares, versus 6.59 million held previously. Show More Summary
Last night, Broadfin Capital, a healthcare focused hedge fund managed by Kevin Kotler, disclosed in a Securities and Exchange Commission filing that it has initiated a 3.5 million share position in Pernix Therapeutics (NASDAQ:PTX), which amounts to a 9.4% stake in the specialty pharmaceutical company. The two other hedge fund managers tracked by us that […]
According to a series of U.S. Securities and Exchange Commission filings on Wednesday, Apple awarded top executive leadership nearly 36,000 restricted stock units each, which at current prices would net over $19 million.
The Securities and Exchange Commission needs to pick up the pace of its overhaul of regulation of the biggest banks, an economist writes.
Matthew Drapkin and Steven R. Becker, the managers of Becker Drapkin Management are optimistic about the prospects of Cascade Microtech, Inc. (NASDAQ:CSCD). According to a recent filing with the Securities and Exchange Commission, Becker...Show More Summary
Kevin Kotler’s Broadfin Capital, in its latest filing with the Securities and Exchange Commission, has reported ownership of 9.09 million shares of MELA Sciences Inc (NASDAQ:MELA). The stake is equivalent to 16.09% of the company’s common stock, according to the filing. The position is held in the form of 4,000 shares of series A preferred […]
Moelis & Co., the investment bank founded by Los Angeles dealmaker Ken Moelis, filed paperwork with the Securities & Exchange Commission to raise as much as $100 million in an initial public offering. Moelis is a former top UBS investment banker who left the Swiss financial firm to found his own financial advisory firm in [...]
Large investors -- the 3,600-plus people managing more than $100 million -- are required to report their holdings to the Securities and Exchange Commission (SEC) every quarter. These investors have to
Jeffrey Ubben is bullish on Dresser-Rand Group Inc. (NYSE:DRC). In a recent filing with the Securities and Exchange Commission, his fund, Valueact Capital, has reported a massive increase in their stake: to around 5 million shares from 658,200 shares. The new position accounts for 6.6% of the company’s common stock. David Cohen and Harold Levy, the managers […]