Topic: Corporate Accounting
Bristol-Myers CEO's 2009 compensation down 22 pct
AP News
2009 compensation for Bristol-Myers Squibb CEO Cornelius falls 22 percent amid recessionThe chief executive of drugmaker Bristol-Myers Squibb Co., James Cornelius, received a 2009 compensation package valued by The Associated Press at $17 million, down 22 percent from 2008, due to the much lower value of his stock awards. The ...
SEC delays plan to adopt IFRS
Reuters US Online Report Business News
WASHINGTON (Reuters) - Securities regulators on Wednesday delayed plans to allow domestic companies to use international accounting standards because it will take businesses at least four years to switch to new rules. The soonest companies could start using the International Financial Reporting Standards, or IFRS, would be in 2015 instead of ...
SEC puts new curbs on short-selling
AP News
SEC adopts new 'circuit breaker' curbs on short-selling in bid to buttress market stabilityFederal regulators on Wednesday imposed new curbs on the practice of short-selling, hoping to prevent spiraling sales sprees in a stock that can stoke market turmoil. The Securities and Exchange Commission, divided along party lines, voted 3-2 ...
SEC to consider new short sale curbs next week
Reuters US Online Report Business News
<div><p>WASHINGTON (Reuters) - Securities regulators will consider new short-sale restrictions on Wednesday, more than a year after the financial crisis provoked cries to rein in investors who bet on a stock's decline.</p><p ...
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