Tag: Securities and Exchange Commission
Treasury recommends exploring creation of a digital dollar
WASHINGTON (AP) – The Biden administration is moving one step closer to developing a central bank digital currency, known as the digital dollar, saying...
Acquisition of R.I.-based Summer Infant set to be completed
WOONSOCKET – Kids2 Inc., a Georgia manufacturer that owns the well-known Baby Einstein brand, is set to close on its acquisition of Rhode Island-based...
CVS raises 2021 earnings outlook, reaffirms 2022 forecast
WOONSOCKET – CVS Health Corp. on Tuesday raised its full-year earnings outlook and reaffirmed guidance for 2022.
In December, the health care company announced it...
KPMG to pay $50M fine for using data stolen from watchdog
NEW YORK – KPMG LLP, one of the big four accounting firms, will pay $50 million to settle Securities and Exchange Commission allegations that...
Twin River announces approval of $250M stock repurchase program
LINCOLN – Twin River Worldwide Holdings Inc.’s board of directors approved a capital return program that authorizes repurchasing up to $250 million in stock,...
Judge rules in favor of Wells Fargo banker in 38 Studios...
PROVIDENCE – Peter M. Cannava, the lead banker on the bonds for 38 Studios at Wells Fargo, has had claims alleging that he aided...
Enron-era accounting rules could be eased for small companies
NEW YORK – A United States regulator proposed freeing small companies from a Sarbanes-Oxley Act requirement that an auditor sign-off on their internal controls...
Twin River would have posted $77M profit in 2018 if it...
LINCOLN – Twin River Worldwide Holdings Inc. made a pro-forma filing with the U.S. Securities and Exchange Commission Monday, indicating that had the company...
Pangaea Logistics Solutions reports $24M profit in 2018
NEWPORT – Pangaea Logistics Solutions Ltd. reported an income of $24 million in 2018, an increase from $9.1 million one year prior in a...
Wells Fargo agrees to $813K settlement to SEC over 38 Studios...
PROVIDENCE – Wells Fargo Securities LLC has agreed to a $812,500 settlement with the Securities and Exchange Commission over its role in the 38...