Content about Securities and Exchange Commission

May 13, 2013
Toys ‘R’ Us names interim CEO

Toys "R" Us has appointed Antonio Urcelay, 61, the head of its European operations, as interim CEO, according to a filing the retailer made on Monday with the Securities and Exchange commission, The Record reported.

April 26, 2013
George Soros takes 7.9% stake in J.C. Penney

Giving a much-needed boost to J.C. Penney Co., George Soros’ Soros Fund Management bought 17.4 million shares of the troubled retailer, according to a filing with the Securities and Exchange Commission.

April 3, 2013
J.C. Penney CEO’s pay package plummeted 97% in 2012

A Securities and Exchange Commission filing revealed that embattled J.C. Penney CEO Ron Johnson saw his compensation package plummet 97% to about $1.9 million in 2012.

April 2, 2013
SEC: Companies can use social media to put out information

The Securities and Exchange Commission said that companies can social media platforms such as Twitter and Facebook to make significant announcements as long as they alert investors about which sites they plan to use for the disclosures.

April 2, 2013
SEC: Companies can use social media to put out information

The Securities and Exchange Commission said that companies can social media platforms such as Twitter and Facebook to make significant announcements as long as they alert investors about which sites they plan to use for the disclosures.

December 18, 2012
New York Times: Wal-Mart used payoffs in Mexico

Wal-Mart Stores’ ongoing investigation into bribery allegations was thrust into the spotlight again on Monday after the New York Times ran a lengthy piece detailing how an elaborate series of payments accelerated construction of a controversial store in Mexico City.

September 17, 2012
Best Buy CEO sells $1.19 million of stock

A filing with the Securities and Exchange Commission revealed that Best Buy Inc. CEO Hubert Joly has sold $1.19 million worth of shares of common stock of the company.

June 1, 2012
Integrity is stressed at Wal-Mart annual meeting; board challenges rebuffed

Wal-Mart Stores CEO Mike Duke on Friday called integrity the company’s “bedrock” value during a presentation at the chain’s annual shareholders meeting in Fayetteville, Ark.

May 1, 2012
Sears to combine Outlet and Hometown into one company

Sears Holdings Corp. revealed in a filing with the Securities and Exchange Commission that the previously announced spinoff of its Sears’s Outlet and Sears’s Hometown and Hardware stores will now combine the two chains into one separate company.

March 30, 2012
Michaels Stores files IPO

Michaels Stores Friday confirmed that it is has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

March 19, 2012
Sears CEO’s compensation valued at $9.9 million

The CEO of Sears Holdings Corp., Louis D'Ambrosio, received a compensation package in 2011 whose value was put at $9.9 million, according to a proxy statement filed with the Securities and Exchange Commission.

December 9, 2011
Wal-Mart launches internal probe into overseas compliance

Wal-Mart Stores Inc. revealed Thursday it has launched an internal investigation into whether its overseas operations complied with the U.S. Foreign Corrupt Practices Act in matters including permitting, licensing and inspections.

November 8, 2011
Syms Corp. stock to be delisted

Syms Corp. said that its stock will be delisted as of November 15, 2011 and that Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the company’s securities from listing and registration on the Nasdaq.

October 14, 2011
Target refinances credit agreement

Target Corp. secured a new $2.25 billion unsecured credit facility, the retailer disclosed in a filing with the Securities and Exchange Commission.

September 12, 2011
Restoration Hardware files plans for IPO

Restoration Hardware Holdings filed plans to return to the public stock market.

July 18, 2011
President of Build-A-Bear Workshop to retire

John Haugh announced that he plans to retire as president of Build-A-Bear Workshop Inc., effective July 22, according to a company filing with the Securities and Exchange Commission.

June 24, 2011
Sears to spin off 89-store Orchard Supply Hardware chain

Sears Holdings Corp. disclosed in a Thursday filing that it plans to spin off its Orchard Supply Hardware Stores Corp. business as a separate, publicly traded company.

June 17, 2011
BJ's receives buyout offer

Leonard Green & Partners and CVC Capital Partners said Friday they are making a joint buyout bid worth an undisclosed amount for BJ's Wholesale Club.

May 9, 2011
CVS Caremark discloses SEC inquiry

CVS Caremark Corp. is disclosing another government inquiry into its business, as the company said the Securities and Exchange Commission has requested documents related to its Caremark pharmacy benefits management unit, the Associated Press reported.

May 4, 2011
Dunkin’ Brands files for IPO

Dunkin’ Brands Group, which operates the Dunkin' Donuts and Baskin-Robbins chains, filed to sell at least $400 million of stock in an initial public offering.

April 25, 2011
Best Buy CEO’s pay package falls 51%

The CEO of Best Buy received a pay package worth about $5 million in the most recent fiscal year, half what he got the year before, according to a document the company filed Friday with the Securities and Exchange Commission, the Associated Press said.

April 15, 2011
Zale cleared by SEC

Zale Corp. announced Friday that it has been cleared by the Securities and Exchange Commission in its investigation and that the SEC will not take any action against the company.

March 28, 2011
Home Depot plans $2 billion of debt to build cash, buy stock

Home Depot said Monday it is returning to the corporate bond market for the second time in less than seven months to rebuild its cash stockpile and finance share buybacks.

March 23, 2011
Fresh Market files for secondary public offering

The Fresh Market announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed secondary public offering of its common stock.

March 21, 2011
American Apparel delays 2010 filing

American Apparel, which has yet to disclose certified financial results for 2009, has now delayed the filing of its 2010 annual report because it needs time to complete “reviews and analyses” of reports for both years.

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