Douglas Smith News
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Amnon Landan, former chief executive officer of Hewlett-Packard Co.’s Mercury Interactive unit, will pay $4.5 million to settle claims by U.S. securities regulators that he took part in a scheme to improperly backdate stock options.
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Susan Skaer, former general counsel of Hewlett-Packard Co.’s Mercury Interactive unit, lost her bid for dismissal of a U.S. lawsuit alleging she took part in a scheme to improperly backdate stock options.
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Energy and technology companies are among non-financial firms granted a three-year reprieve from parts of European Union rules on over-the-counter derivatives, under a compromise deal backed by lawmakers yesterday.
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Two former executives of Hewlett- Packard Co.’s Mercury Interactive unit settled a lawsuit with the U.S. Securities and Exchange Commission over allegations of backdating company stock options.
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Three former executives of Hewlett- Packard Co.’s Mercury Interactive Corp. and the U.S. Securities and Exchange Commission are in talks to settle allegations the employees broke securities laws by backdating company stock options, a judge said.
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Fortress Real Estate (Asia) GK hired Douglas Smith as a managing director to oversee its property investment advisory business, according to three people familiar with the situation.
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Philip Falcone’s bankrupt LightSquared Inc. won court permission to award bonuses to four key executives under a revised plan that pays them the most if the company sells its assets or exits bankruptcy before July.
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Mexico’s central bank will probably keep its benchmark interest rate unchanged for an eleventh straight meeting, matching the bank’s longest pause, after consumer prices declined for the past three months.
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The Brazilian real’s biggest slide since May is unlikely to last as Standard Chartered Bank and Wells Fargo & Co. say the prospect of higher interest rates will help bolster the currency in December.
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Economists are paring forecasts for declines in the Argentine peso, pushing the median year-end estimate to the strongest in five months, on speculation policy makers will limit losses to rein in inflation.
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