Securities and Exchange Commission NewsNews on Securities and Exchange Commission continually updated from thousands of sources around the net.James River Coal completes acquisition- July 12, 2008 James River Coal Co. has completed the purchase of nearly 20 million tons of central Appalachian coal reserves.http://www.topix.net/us/sec/2008/07/james-river-coal-completes-acquisition?fromrss=1 Pakistan Stock Trading Falls to 10-Year Low After SEC Imposes Loss Limits- July 12, 2008 Pakistan stock trading fell to the lowest level in a decade after regulators introduced measures to halt a two-month slump that caused the benchmark Karachi Stock Exchange 100 Index to fall 29 percent.http://www.topix.net/us/sec/2008/07/pakistan-stock-trading-falls-to-10-year-low-after-sec-... El Paso Corp. settles with SEC in reserves report case- July 11, 2008 El Paso Corp. has settled federal civil charges alleging it inflated oil and gas reserves estimates in ways that made company financial statements misleading to investors.http://www.topix.net/us/sec/2008/07/el-paso-corp-settles-with-sec-in-reserves-report-case?... A Little Fair Value Never Killed Anyone- July 11, 2008 Fair value accounting became very hard work as the credit crisis dried up once-liquid markets, SEC panelists largely agree, but it should not be blamed for causing or exacerbating corporate credit woes.http://www.topix.net/us/sec/2008/07/a-little-fair-value-never-killed-anyone?fromrss=1 Century Aluminum Prices Common Stock Offering- July 11, 2008 All of the shares are being offered by Century Aluminum. Century has granted the underwriters a 30-day option to purchase up to an additional 975,000 shares of its common stock to cover over-allotments, if any.http://www.topix.net/us/sec/2008/07/century-aluminum-prices-common-stock-offering?fromrss=... DOJ drops Apple probe- July 11, 2008 Reuters News Service, 10 July 2008 - The US Justice Department has decided not to file charges against Apple, leader Steve Jobs and other current or former employees in a probe of backdated employee stock ...http://www.topix.net/us/sec/2008/07/doj-drops-apple-probe?fromrss=1 Moodys, S&P, Fitch fudged ratings: SEC- July 10, 2008 New York, July 9: The analyst at the credit ratings agency was blunt: "Let's hope we are all wealthy and retired by the time this house of cards falters." That candid assessment, sent by e-mail to a colleague ...http://www.topix.net/us/sec/2008/07/moodys-s-p-fitch-fudged-ratings-sec?fromrss=1 Bernanke, Paulson urge more regulatory powers- July 10, 2008 Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson told Congress Thursday that new regulatory powers are needed to insulate the national economy from damage if a big Wall Street firm ...http://www.topix.net/us/sec/2008/07/bernanke-paulson-urge-more-regulatory-powers?fromrss=1 "IFRS" Picks Up Speed- July 10, 2008 The push for a new international accounting system is picking up traction. As the Corner Office reported April 8, moves to accept International Financial Reporting Standards instead of the GAAP could well ...http://www.topix.net/us/sec/2008/07/ifrs-picks-up-speed?fromrss=1 A-B counters Inbev effort vs. board- July 10, 2008 Anheuser-Busch will urge shareholders to reject InBev's board-removal proposal that the Belgian brewer plans to mail to shareholders as part of its takeover bid.http://www.topix.net/us/sec/2008/07/a-b-counters-inbev-effort-vs-board?fromrss=1 |