S.E.C. Inquires Into Pension Accounting at Ford and G.M.
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The inquiries suggest that a new inquiry into an area of accounting that has long troubled both investors and pension-rights advocates will cast a broad net.
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The Work and Pensions Secretary is to be questioned by MPs about a computer crisis at the CSA.
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Ford Motor Co.  has hired investment banks to help it explore options including a sale of its Jaguar and Land Rover European luxury brands, sources familiar with the matter said, as several companies ruled themselves out from bidding.
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Ford Motor Co.  said on Tuesday it was working with financial advisers on the best options for its European luxury brands Jaguar and Land Rover as it continues a strategic review of its global operations.
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Ford Motor Co.  has hired  investment banks to help it explore options including a sale of  its Jaguar and Land Rover European luxury brands, sources  familiar with the matter said, as several companies ruled  themselves out from bidding.
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Equal Opportunities Commission wants to know
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An official government inquiry is announced into the financial management of two education boards.
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The Securities and Exchange Commission on Tuesday proposed that stock markets disclose more information about their operations, including executive pay and regulatory programs.
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The mortgage company is the target of a formal inquiry by the S.E.C. over its accounting practices, the company said in a regulatory filing on Tuesday.
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The U.S. Securities and Exchange  Commission has asked Marsh & McLennan Cos. Inc. MMC.N for  information about partnerships that individuals affiliated with  the company have invested in, the insurance broker said in a  statement.
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Ailing US car firm General Motors says it will ask for an extension to file its financial reports.
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Executives from General Motors Corp. were meeting with their Fiat SpA counterparts Tuesday for talks likely to focus on the possible sale of the Italian giant&#39;s auto business.
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Senior executives at General Motors   Corp. GM.N and Ford Motor Co. F.N have discussed a merger   or alliance, industry newspaper Automotive News reported on   Monday.
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Ford Motor Company has announced the retirement plans of President Nick Scheele and Vice Chairman Allan Gilmour. Chief Operating Officer Jim Padilla will become Ford president and has been elected to the Board
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US regulators asked automotive giants General Motors Corp. and Ford Motor Co. for information on how they account for pension and health care plans, the companies said on Tuesday.
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The S.E.C. has sent 300 letters to companies asking for details on executive salaries, hoping to help shareholders compare pay practices at publicly traded companies.
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Executives from General Motors Corp. were meeting with their Fiat SpA counterparts Tuesday for talks likely to focus on the possible sale of the Italian giant's auto business.