SEC seeks Ford, GM pension info
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Ford Motor Co. and General Motors Corp. said Tuesday that the Securities and Exchange Commission has asked the companies for information on their pension fund accounting.
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Business & money: Â· GMB seeks session to look at financing of deal Â· Industry urged to disclose more information
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U.S. 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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NEW YORK -- Marsh &amp; McLennan Cos., already under scrutiny from regulators, said it received a request for information from the Securities and Exchange Commission about its Trident private-equity funds.
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U.S. stock futures slipped on Wednesday   with investors focusing on Intel Corp's OMTC.O job cuts   announcement and a change in top management at car maker Ford   Motor Co. F.N
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The US Securities and Exchange Commission has asked Marsh &amp; McLennan Cos. Inc. (MMC) for information about partnerships that individuals affiliated with the company have invested in, the insurance broker said in a statement.
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Ford, as well as G.M. and Delphi, also said they had been asked to provide the S.E.C. with information regarding practices related to pension and healthcare expenses.
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General Motors Corp. GM.N and Ford  Motor Co. F.N launched new U.S. sales incentives on Friday as  both automakers struggle with falling market share and high  inventories of unsold vehicles.
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General Motors Corp and Ford Motor Co began talks with the United Auto Workers on Monday, hoping to win sweeping concessions that would slash labor costs for the struggling U.S. auto industry.
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General Motors Corp.  said on Thursday U.S. securities regulators had requested documents relating to its accounting for financial hedges and said a parallel inquiry at its former finance arm could force the automaker to restate past results again.
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Delphi Corp., the world&#39;s largest automotive supplier, is among six big companies being examined by federal regulators to determine whether they manipulated earnings by using inaccurate estimates to calculate pension costs.
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A private equity arm of JPMorgan Chase  & Co.  is eyeing some of Ford Motor Co.'s  luxury  brands, a source familiar with the matter said on Friday, the  latest sign the struggling carmaker is looking to unload assets  as part of a turnaround bid.
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US financial regulators have requested information from Warren Buffett&#39;s Berkshire Hathaway group as part of a probe into certain insurance products.
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General Motors Corp. and Ford Motor Co., the two largest US automakers, said they will add new electronic systems to sport-utility vehicles to help prevent rollover accidents.
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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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Truck maker Navistar International Corp. said late Thursday US securities regulators are seeking information related to its pension accounting practices.
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U.S. regulators asked automotive giants  General Motors Corp. GM.Nand Ford Motor Co. F.N for  information on how they account for pension and health care  plans, the companies said on Tuesday.