Technical problems force halt of trading at Nasdaq's options trading floorOctober 16th, 2009 Trading halted on Nasdaq's options floorNEW YORK — Trading on the floor of the Nasdaq stock market's Philadelphia Stock Exchange has been halted after technical problems. The exchange, known as Nasdaq OMX PHLX, handles options trading.
Madoff trustee sues Madoff's brother, sons and a niece to recover $198 million for investorsOctober 2nd, 2009 Madoff trustee sues Madoff's family for $198MNEW YORK — A trustee trying to recover Bernard Madoff's assets to reimburse investors has sued his brother, sons and a niece to recover nearly $200 million. The lawsuit was filed Friday in U.S.
Ram Energy receives letter from Nasdaq for failing to maintain listing requirementsSeptember 21st, 2009 Ram Energy receives Nasdaq listing noticeTULSA, Okla. — Oil and gas company Ram Energy Resources Inc.
UAL names former FAA administrator Jane Garvey to board of directorsSeptember 17th, 2009 UAL names Jane Garvey to board of directorsCHICAGO — UAL Corp., the holding company for United Airlines, said Thursday it named Jane F. Garvey to its board of directors, effective Sept.
John Wiley & Sons elects former Bank of NY Mellon executive to boardSeptember 17th, 2009 John Wiley & Sons elects ex-banker to boardHOBOKEN, N.J. — A former bank executive has been elected to the board of directors of John Wiley & Sons Inc., the business publisher said Thursday.
ASNE adds 2 online journalism leaders from Politico, Dallas Morning News to board of directorsSeptember 8th, 2009 ASNE adds 2 online journalism leaders to boardRESTON, Va. — The American Society of News Editors has named top online editors from Politico and the Dallas Morning News to its board of directors.
IL and FS to be new promoter of Maytas Infra LimitedAugust 31st, 2009 NEW DELHI - The Company Law Board (CLB) on Monday allowed the application of Maytas Infra Limited (MIL) to hand over the management of the company to Infrastructure Leasing and Financial Services Limited (IL and FS). Passing the Order in ht national capital, the Principal Bench of the CLB said that IL and FS shall be the new promoter of the company with immediate effect and that it shall appoint four of its nominees, including the Chairman, on the Board of Directors of the company; and will be in control of the management of the affairs of the company.
Turkey, EU countries to sign deal for pipeline to carry gas from Caspian, MideastJuly 13th, 2009 Turkey, EU countries to sign gas pipeline dealANKARA, Turkey — Turkey and five European Union countries will sign a landmark agreement on Monday aimed at reducing Europe's reliance on Russian energy by running a gas pipeline from the Caspian Sea region to the EU via Turkey. The United States, which is backing the Nabucco project alongside the EU, said it does not object to Russia's participation but claimed Iran should be excluded until it improves its ties with the West.
SC first lady says husband has to worry about his own career; she is focused on familyJune 25th, 2009 Jilted 1st lady appears upbeat, focused on familyCOLUMBIA, S.C. — South Carolina first lady Jenny Sanford says her cheating husband can worry about his own career.
Bank of America Directors Tommy Franks, Joseph Prueher resignJune 20th, 2009 2 more Bank of America Directors resignNEW YORK — Two more directors have resigned from Bank of America Corp.'s board, according to a securities filing Friday. The Charlotte, N.C.-based company said in a Securities and Exchange Commission filing that Joseph Prueher and Tommy Franks left on Wednesday.
US special energy envoy says no to Iran's involvement in Nabucco gas pipeline projectJune 4th, 2009 US says no to Iran's involvement in gas pipelineANKARA, Turkey — The U.S. does not support Iran's involvement in the Nabucco gas project, a pipeline meant to supply Europe with gas, the U.S.
Satyam names four new directorsMay 22nd, 2009 NEW DELHI - India's fourth largest outsourcer Saytam Computers Friday said it has appointed four more directors on its board following a Company Law Board (CLB) directive April 16. The appointments were also as per a share subscription agreement between Tech Mahindra and its subsidiary Venturbay Capitals, which is acquiring a controlling stake in the scam-hit Satyam.
UCI rule will keep Lance Armstrong from racing at Tour of GilaApril 28th, 2009 Armstrong won't race at Tour of GilaALBUQUERQUE, N.M. — Lance Armstrong is going to miss this week's Tour of the Gila cycling race in New Mexico.
Nod for four government directors on Maytas Infra boardMarch 6th, 2009 NEW DELHI - The Company Law Board Thursday allowed the government to name four directors, including the chairperson, to the board of Maytas Infra but set aside a petition seeking to supersede the company's entire top brass. The permission immediately resulted in the government appointing senior advocate and tax expert O.P.
New Companies Act to give independent directors protectionFebruary 11th, 2009 NEW DELHI - The new Companies Act proposed by the government will provide greater levels of protection to independent directors, provided they are not accomplices to wrong-doings by promoter-directors or other executives of the company, Corporate Affairs Minister P.C. Gupta said here Thursday.