Word: sec
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Securities and Exchange Commission, said, "We don't expect every journalist to disclose all financial relationships." Instead, he explained, the Government's case is aimed specifically at efforts to grab quick profits triggered by foreknowledge of a particular story. A similar case, under investigation by the SEC, involves several CBS employees who allegedly exploited awareness of an upcoming negative story on the commercial sugar substitute NutraSweet by engaging in transactions that presupposed there would be a drop in the stock price of the manufacturer, G.D. Searle...
...children's stories, has spawned a burgeoning new industry. Dozens of entrepreneurs across the U.S. are forming businesses to produce and supply telephone companies with a seemingly limitless variety of tapes, from Dial-a-Mystery to Gay News. San Francisco's Megaphone, for example, produces daily 60-sec. updates on ten popular TV soap operas, plus a Michael Jackson tape for fans who want frequent bulletins on what their idol is doing...
...records were achieved in the pool. "The water is fast here," said one Soviet fan, and 6-ft. 4-in. Sergei Zabolotnov proved it. In the 200-meter backstroke, he defeated the European record holder, East Germany's Dirk Richter, in a world record time of 1:58.41 sec., slicing more than half a second off the record held by the U.S.'s Rick Carey, who took the gold in the event at Los Angeles...
...hastily called Los Angeles press conference contrasted sharply with his relaxed appearance. Under pressure from the Securities and Exchange Commission, Knapp explained, F.C.A. was adjusting its earnings report to show a second-quarter loss of $107.5 million instead of the $31.1 million profit announced earlier. The dispute with the SEC was a technical argument concerning the manner in which the company reported sales of Government mortgage securities...
...speedy squad mounted unnerving counterattacks to overcome Greece, Brazil, Spain, Holland and Australia. West Germany, however, was more formidable. With the game tied at 7-7, West German Goalie Peter Röhle was ejected on a penalty, and Doug Burke of the U.S. scored with only 26 sec. left. The rough-and-ready Yugoslavs squelched U.S. hopes in the final game when they tied the Americans 5-5 but won the championship because they had outscored their opponents by a wider margin. The U.S. silver was only the country's third medal since a pre-Tarzan Johnny Weissmuller...