NYSE, NASD to Issue New IPO Rules
Exchanges looking to limit laddering, spinning. Elsewhere: Subpoena delivered to U-Haul, Reliant settles with SEC, and ex-CFO sues Vital Signs.
Survey: Pension Woes Worrying CFOs
More than half of respondents said they'll have to cover a pension liability this year. Plus: Siebel may have more Reg FD problems, SEC probes hedge funds, and Swartz wins one in court.
Pension Woes Worrying CFOs, Survey Finds
More than half of respondents said they'll have to cover a pension liability this year.
The (Scrushy) Conversation
Tape appears to show HealthSouth's then-CEO telling then-CFO to cook the books. Elsewhere: Ex-Gemstar execs suing SEC, Congress looks to alter 401(k) plans, and Cisco reveals stock-option grants.
FASB to Look at Pension Accounting
FAS 87 coming under the microscope; should costs be broken out? Elsewhere: Senate keen to fix SEC's traffic tickets, CEOs say it's an awfully long block, and Ariba restates just about everything.
The Clash over Cash Conversions
Treasury pension plan drawing plenty of fire; at issue: will long-time employees get the shaft? Elsewhere: Ford to change R&D accounting, SEC looking into ImClone taxes, and risk managers split on Sarbox.
Now, Employees Sue HealthSouth
Workers claim Scrushy sold company stock before releasing bad news about earnings. Elsewhere: Calpers causing performance anxiety at GE. And: Survey reveals execs willing to pay real taxes on fake earnings.
Survey: Guidance on the Way Out?
A third of IR heads surveyed say employers considering dumping guidance; too much pressure to meet numbers. Plus: Property insurance premiums set to drop, while report says audit committees meeting more frequently.
Property Insurance Premiums to Drop: Survey
In some cases, rates have dipped by as much as 20 percent.