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March 7, 2014
07:19 EDTSTO, RDS.A, BPBP says potential oil-price manipulation probed by U.S., EU, Asian regulators
BP (BP), in its annual report filed yesterday, disclosed that in May 2013, European Commission officials made a series of unannounced inspections at the offices of BP and other companies involved in the oil industry acting on concerns that anticompetitive practices may have occurred in connection with oil price reporting practices and the reference price assessment process. "Such inspections are a preliminary step in investigations. There is no deadline for the completion of the inquiries," BP said. BP added that related inquiries and requests for information have also been received from U.S. and other regulators following the European Commissionís actions. In June 2013, the Federal Trade Commission served BP with a Request for Voluntary Submission of Documents and Information regarding its non-public investigation into whether or not Shell (RDS.A), BP or Statoil (STO) have engaged in unfair methods of competition or manipulative or deceptive conduct. BP said it is producing documents to the FTC. Also in June 2013, BP received an initial request for information from the Japanese Fair Trade Commission and in December 2013, the Korea Fair Trade Commission initiated an investigation and a first information request is expected to be issued. In January 2014, the U.S. Commodity Futures Trading Commission requested price reporting documents from BP, the company added.
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September 2, 2015
16:27 EDTAAgilent will will no longer include orders in financial reporting
Agilent Technologies announced it will no longer report orders in its periodic filings with the SEC or its quarterly earnings press releases, effective immediately. This change reflects feedback from several of the company's largest shareholders, and was also driven by the fact that Agilent was the only company among its peers to report orders. The other financial metrics included in the company's reporting provide comprehensive detail about Agilent's performance.
August 27, 2015
07:57 EDTSTOPlatts to hold a conference
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August 26, 2015
11:01 EDTAAgilent partners with Weill Cornell Medical College for ALS research
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