Corporate governance - Vigil

CALGARY - Canadian Natural Resources says an expansion of its Horizon oilsands project is on track to start up in October and start producing at full capac

On July 14, 2016, the United States Department of Justice announced that it had concerns that a transaction involving two foreign electronic trading platforms would have, as originally structured, violated Section 8 of the Clayton Act. The parties restructured the transaction to address those concerns. [1] Section 8 of the Clayton Act generally prohibits the same “person” from simultaneously serving “as a director or [board-appointed] officer in any two corporations … that are … competitors” unless certain highly technical safe-harbor criteria are met.

Heineken: One of the Best Run Companies in the World, Stocks: HEINY,HKHHF,BUD,LSE:SAB, release date:Aug 02, 2016

Incomes from wages and capital were flat or fell for two-thirds of households in 25 advanced economies between 2005 and 2014--an explosive increase from less than 2 percent in the previous decade.

Fitch says that if the Fed raises interest rates, over $3 trillion in bond losses will be in the works.

Online advertised vacancies increased 156,800 to 4,814,300 in July, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series, released today.

Watson Analytics - The Real Heart of IBM?, Stocks: IBM,AMZN,MSFT,AAPL, release date:Aug 03, 2016

While huge returns on mainland IPOs aren't new, the numbers are getting even more eye-watering

Sophisticated traders can profit from material information by trading on it ahead of public releases. This makes corporate directors, who frequently have access to this kind of knowledge, a potential information source for professional traders. And though federal law forbids directors’ sharing of insider information with traders, that information can and does leak out. In our article, Director Networks and Informed Traders, forthcoming in the Journal of Accounting and Economics, we document that these traders generate greater profits when trading stocks of firms with more connected boards.

On June 28, 2016, the Securities and Exchange Commission (the SEC) proposed Rule 206(4)-4 under the Investment Advisers Act of 1940 that would require each SEC-registered investment adviser to adopt, implement and annually review a written business continuity and transition plan to address risks related to potential significant disruptions in, or termination of, the adviser’s business. The SEC noted in its release that as part of their fiduciary duty, advisers are obligated to take steps to protect client interests from being placed at risk as a result of the adviser’s inability to provide advisory services.

The U.S. Department of the Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission (Joint Member Agencies) today issued this statement to highlight significant actions taken since the issuance last July of their Joint Staff Report on the U.S. Treasury market, including the recently signed memorandum of understanding to share information on U.S. Treasury cash and related derivative markets among the agencies and their plans to host a second conference on October 24 to continue progress on these efforts.