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PTC Reaches Agreement With SEC And Department Of Justice, Will Pay $28.2 Million In Penalties
Tuesday, February 16, 2016 - 3:39pm | 122PTC Inc (NASDAQ: PTC) announced on Tuesday that it has reached an agreement with the U.S. Securities and Exchange Commission and the U.S. Department of Justice to resolve an investigation related to expenditures of certain former employees and business partners in China between 2006 and 2011....
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RBC On Boeing: Is The Emperor Naked?
Friday, February 12, 2016 - 11:46am | 351Shares of Boeing Co (NYSE: BA) tumbled on Thursday following reports that the company faces an SEC investigation. Robert Stallard of RBC Capital Markets maintained a Sector Perform rating on Boeing with a price target lowered to $128 from a previous $135. Stallard not that the SEC is now...
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Peabody Energy Has Multiple Undisclosed SEC Probes, New Report Warns
Monday, January 25, 2016 - 12:00pm | 345According to Probes Reporter, an independent investment research firm that focuses on public companies' interactions with the Securities and Exchange Commission, Peabody Energy Corporation (NYSE: BTU) is "playing Disclosure Games" with investors regarding ongoing SEC investigative activity. Probes...
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Probes Reporter: Walgreens Facing Undisclosed SEC Investigation
Friday, January 8, 2016 - 9:45am | 159Walgreens Boots Alliance Inc (NASDAQ: WBA) faces an ongoing SEC investigation that the company has not yet disclosed, according to a report by Probes Reporter. Probes Reporter stated that it received information from the SEC in the form of a letter dated September 24, 2015, that Walgreens Boots...
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Anavex Life Down 14% After Subpoena Disclosure
Tuesday, December 29, 2015 - 12:07pm | 177Shares of Anavex Life Sciences Corp. (NASDAQ: AVXL) plummeted more than 14 percent on Tuesday. Anavex Life Sciences disclosed earlier in the day an SEC subpoena and formal investigation in a 10-K filing, which may be related to unusual activity in the company's stock. "On...
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Shares Of Iconix Brand Crashing, Company Cooperating With SEC Over Accounting Treatment
Monday, December 28, 2015 - 12:04pm | 133Shares of Iconix Brand Group Inc (NASDAQ: ICON) lost more than one-quarter of its value Monday morning after the company confirmed in a press release it is cooperating with the SEC following a formal order of investigation. According to Iconix, the investigation is related to the accounting...
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IBM Sells Off Amid SEC Probe Related To Sales Accounting
Tuesday, October 27, 2015 - 2:38pm | 369Shares of International Business Machines Corp. (NYSE: IBM) hit a new 52-week low of $138.10 on Tuesday. The stock heavily sold off after the company said in a 10-Q filing that the SEC has been conducting an investigation related to revenue recognition. IBM said that it has been aware of an...
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Uh Oh, There's More: Lifelock Has A New SEC Problem
Tuesday, September 22, 2015 - 10:36am | 353Shares of Lifelock Inc (NYSE: LOCK) plunged nearly 50 percent on July 21 following a report of possible FTC action. Probes Reporter is reporting the company now faces an SEC investigation. Probes Reporter added it is possible the SEC probe could involve something "wholly unrelated...
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Probes Reporter's Latest Updates: Choice Hotels, GlaxoSmithKline, Itron, Kinross Gold And More
Friday, September 4, 2015 - 2:27pm | 934Probes Reporter is an independent publisher of investment research with a focus on public company interactions with the Securities and Exchange Commission. Here is a summary from their latest report, published September 1. Choice Hotels: Undisclosed SEC Probe Probes Reporter received a letter...