May 26, 2008
May 22, 2008, issue
SEC News Digest
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May 22, 2008
Background on SEC Interactive Data (XBRL) Program
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The U.S. Securities and Exchange Commission will be holding an open meeting today to consider a rule proposal requiring mandatory filing of SEC reports in interactive data format for certain public company …
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Acxiom announced Tuesday that it will restate its earnings about $8 million downward because it miscalculated the value of certain contracts over the past four fiscal years.
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Maurice “Hank” Greenberg, former chief executive of American International Group Inc , may face civil charges for his alleged role in an effort to improperly boost the insurer’s financials, the Wall Street …
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Kroger Co. Chairman and Chief Executive David B. Dillon received a 22 percent compensation hike in 2007, a year when the nation’s largest traditional grocer saw its profits edge higher despite fierce …
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The move to XBRL filings will roll out in stages, with about 500 so-called “large” domestic and foreign issuers expected to submit XBRL versions of financial reports this winter.
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A senior vice president of IBM exercised options for 41,496 shares of common stock, according to a Securities and Exchange Commission filing.
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Moody’s Investors Service shares fell sharply Wednesday as the credit ratings agency said it is reviewing whether computer errors wrongly assigned top-quality ratings to debt in Europe that didn’t warrant high …
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