Finance Law

Tyco International Ltd. (TYC) (TYC) is continuing a tradition of favoring stockholders over bondholders by selling its flow-control unit to Pentair Inc. (PNR) (PNR) without transferring a proportionate amount of debt to the new company. The sale, a spinoff that gives Tyco shareholders a majority of Pentair, strips $435 million in earnings before interest, taxes, [...]

New London — Coast Guard Capt. Glenn Sulmasy, chairman of the Humanities Department at the U.S. Coast Guard Academy, has joined the Center for National Policy as a fellow for homeland security and national security law. A judge advocate and expert in national security law, Sulmasy has served on the academy’s faculty since 2001. He [...]

Michigan’s first bank failure of the year occurred Friday when government regulators shut down Fidelity Bank and sold the Dearborn-based bank’s deposits and assets to Ohio-based Huntington National Bank. The move will not affect Fidelity customers, regulators said. Fidelity’s 15 offices in Wayne, Oakland, Macomb and Washtenaw counties will open today as Huntington branches. “Under [...]

* Japan’s corporate tax rate dropping to 38.01 pct on Sunday * Combined U.S. 39.2 pct rate will be developed world’s highest By Patrick Temple-West and Kim Dixon WASHINGTON, March 30 (Reuters) – The United States will hold the dubious distinction starting on Sunday of having the developed world’s highest corporate tax rate after Japan’s [...]

<!–Saxotech Paragraph Count: 8–> The University of Florida Levin College of Law on Friday dedicated its newest building, the Martin H. Levin Advocacy Center. In 1999, Pensacola lawyer Fred Levin, a 1961 graduate, donated $10 million to the law school that now bears his name. He also donated $2 million to the Advocacy Center that [...]

Feature Article of Saturday, 31 March 2012 Columnist: Alfa, Abdur Rahman Shaban Email this Share This Facebook Twitter reddit Google Bookmarks del.icio.us StumbleUpon Newsvine livejournal Mixx it! Print This Comments (33) « Prev Next » School Worship and the Brazen Right Abuse of the Muslim Child Many are the rabid and vicious online readers, who [...]

CHARLOTTE, N.C.–(BUSINESS WIRE)– Bank of America today announced the launch of a new 401(k) solution from Merrill Edge designed for small businesses, called the Merrill Edge®Small Business 401(k). This retirement solution offers small business owners, who generally have 401(k) plan assets under $250,000, a simplified, easy-to-manage retirement plan with lower costs than many traditional 401(k) [...]

With the news that Apple (NAS: AAPL) has finally announced a cash dividend and stock buyback came a recurrence of the plea for corporate tax relief. This “repatriation holiday,” as the corporate wonks put it, is something like when your local library forgives fines for a day, prompting the return of boatloads of overdue material. [...]

Paul LeBel, the University of North Dakota’s chief academic officer and second most powerful official, is resigning his post June 30, 2013, the university announced Friday. He has held the post, officially called the provost and vice president for academic affairs, since February 2009. He was named interim provost that year, but was given the [...]

The federal school turnaround program is mostly failing in Washington according to research out today from the University of Washington’s Center for Reinventing Public Education. In their study of Washington schools receiving School Improvement Grants (SIG) from the federal government, the researchers found most are failing to make aggressive reforms. First implemented in 2007, the [...]