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Topic: Corporate action


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In the News (Fri 25 Dec 09)

  
 Incorporation / Corporate Law--Alaska
Corporations Section of the Department of Community and Economic Development (note: this is where Articles of Incorporation are filed in the State of Alaska).
The corporate name may not contain a word or phrase that indicates or implies that the corporation is organized for a purpose other than the purpose contained in its articles of incorporation.
If the rights or options are to be issued to directors, officers, or employees of the corporation or of a subsidiary of the corporation and not to the shareholders generally, their issuance shall be authorized by the approval of the outstanding shares or must be consistent with a plan so approved or ratified.
www.medlawplus.com /library/legal/states/alaskacorporation.tpl   (3089 words)

  
 Public Citizen | Sept. 13 Day of Action - September 13: Worldwide Day of Action Against Corporate Globalization and War
Pushed by multinational corporations, the United States, the European Union, and other developed countries are seeking to launch a new round of "free trade" negotiations and expand corporate globalization - further eroding human rights, workers' rights, environmental protections, and democracy - in the interest of corporate control.
Resist the WTO and the failed model of corporate globalization, militarism and "free trade," through a wide variety of creative means: teach-ins, vigils, protests, direct action, street theater, festivals of resistance, cultural events, meetings with elected officials, public forums, and so on.
These September actions to derail the WTO will kick off a powerful autumn campaign of action for peace and justice, involving major mobilizations for immigrant rights, against the Free Trade Area of the Americas, and against militarism and occupation.
www.citizen.org /trade/wto/Qatar/cancun/sept13   (933 words)

  
 Corporate Action
A corporate action is any material change to a security, including name changes, stock splits, spin offs, and mergers, to name just a few.
With over 6,000 corporate actions annually that affect a stock's cost basis, the odds are good that an investor will encounter one sooner or later.
GainsKeeper processes most actions the night before in a nightly batch so that users can see their new updated positions on the morning of ex-date (the date the action is effective).
www.gainskeeper.com /glossary_CorporateAction.html   (883 words)

  
 EKW - Executive Education, Executive Development and Action Learning - Services   (Site not responding. Last check: 2007-10-13)
Action learning is probably the most powerful single* source of both individual and organization development - with the exception of multi-dimensional "Breakthrough Centered Development", no other form of human resource and/or organization development that we have experienced has the potential of action learning.
The action learning project can be an exceptional opportunity for the individual manager to receive feedback regarding his or her leadership style.
When properly designed, an action learning initiative allows for and even amplifies the same communication, problem solving, decision-making, conflict management and leadership behaviors that the executive will rely on in his or her normal day-to-day interaction with direct reports.
www.ekw-hrd.com /s/action.php4   (1011 words)

  
 ABA Focus Volume XIII, Number 2 -- Affirmative Action in the Workplace
But corporate programs are distinct from government-sponsored affirmative action in ways that substantially increase their chances of survival.
The commission endorsed corporate affirmative action as a tool to fully utilize a diverse labor force and maintain a competitive presence in the global economy.
She described the disparity between news stories about support for affirmative action and the truth as "mind blowing." Reskin cited surveys as evidence that support for affirmative action has remained stable over the past 20 years.
www.abanet.org /publiced/focus/spr98work.html   (1155 words)

  
 Arizona Corporate Meeting & Minutes Preparation Service
Important corporate actions authorized by shareholders and directors without a meeting should be evidenced by resolutions signed by all the shareholders and directors, respectively, and added to the corporate minute book.
Corporate actions approved with a meeting are evidenced by a document entitled "Action by Unanimous Consent." Note that actions taken without a meeting must be approved in writing by every shareholder or director.
Arizona corporations that fail to hold annual meetings of shareholders and directors increase the risk that a creditor may "pierce the corporate veil" and hold the shareholders liable for the obligations of the corporation.
www.keytlaw.com /az/corpservices.htm   (1492 words)

  
 Corporate Actions - Corporate Actions Overview   (Site not responding. Last check: 2007-10-13)
Recognizing the advantages of streamlining corporate actions, financial institutions are increasingly looking at replacing their traditional process with automated solutions.
There are over a hundred pre-defined corporate actions available within the solution and it provides the facility to manage the state transitions for the corporate actions through its rule based engine and intuitive workflow.
The NCS Corporate Action solution allows for new corporate action events to be defined as a combination of the security and cash credit/debit operations along with the various corporate action transition states.
www.tcs.com /Banking/products/corporate_actions.aspx   (296 words)

  
 Infosys - Banking and Captial Markets - Corporate Actions Real-Time Engine
Corporate Actions processing is also among the most manual and least automated areas in the securities industry- which makes it invariably prone to human error, delays, rework- and hence operational risks and higher costs.
Especially for players like Custodians, a high degree of STP in corporate actions is therefore business critical, and automating even a part of the corporate actions processing chain can lead to substantial benefits in terms of increased staff productivity, risk reduction and profit gain.
The Infosys Corporate Action Real Time Engine is an integrated suite of systems that can handle end-to-end processing of corporate actions in a seamless manner, with little or no manual intervention.
www.infosys.com /industries/banking/corporate-actions-realtime.asp   (304 words)

  
 Boeing: Corporate Governance - The Boeing Company By-Laws
All meetings of the stockholders of the Corporation shall be held at such place or places within or without the State of Delaware as may from time to time be fixed by the Board of Directors or as shall be specified or fixed in the respective notices or waivers of notice thereof.
At each succeeding annual meeting of stockholders of the Corporation, each director shall be elected to hold office until the next annual meeting of stockholders or until his or her successor shall be elected and qualified or until his or her earlier resignation or removal.
The Secretary shall have charge of the corporate seal and have authority to attest any and all instruments or writings to which the same may be affixed and shall keep and account for all books, documents, papers, and records of the Corporation relating to its corporate organization.
www.boeing.com /corp_gov/bylaws.html   (3368 words)

  
 The International Campaign for Justice in Bhopal
As in Bhopal, corporations around the world are today getting away with crimes against humanity and the environment, and dictating policies that affect all life on earth.
Actions against criminal corporations and against Dow Chemical facilities and offices worldwide; teach-ins; vigils; phone-ins; petition drives; celebrations and media events.
Provide Economic and social support : The corporation must provide income opportunities to victims who can not pursue their usual trade as a result of exposure induced illnesses and income support to families rendered destitute due to death or incapacitation of the breadwinner of the family.
www.bhopal.net /gda.html   (715 words)

  
 Action Sports World Tour | Corporate info
The LG Action Sports World Tour is produced by ASA Events.
ASA Events produces a high volume of action sports exhibitions, tours and clinics each year in skateboarding, BMX and inline.
Action sports is the mechanism we use to reach young, hip consumers, but in the end, we are a lifestyle marketing company that has flourished organically and authentically within the action sports arena.
www.lgactionsports.com /corporate_info.html   (387 words)

  
 Products & Services - Corporate Actions & Income
Corporate level events such as takeovers and mergers, spin-offs or dispositions, liquidations, name changes, litigation proceedings, and notification of shareholder meetings, such as Annual General Meetings and Special Meetings.
Managing corporate actions is traditionally a manually intensive operation, processing a large amount of information from multiple sources in multiple formats.
We recognize the difficulties attached to corporate actions automation, which is why we apply our vast experience to define the corporate action process flows.
www.ftinteractivedata.com /products/data_type/cai/index.shtml   (500 words)

  
 Corporate Compliance Services: Featuring Hot Lines
Since the Action line is run by an independent outside firm, your employees can trust in Action Line and are not afraid that reporting a violation will lead to retaliation.
Financial Institution Ethics Action Line is designed to provide a reporting mechanism for banks (national banks, state chartered banks, and federal and state chartered thrift institutions) and non-bank financial institutions and businesses (securities broker?, currency exchanges, dealers in precious metals, pawn brokers, auto dealers, etc.).
Layering often involves the use of hidden bank accounts, shell corporations and the use of off shore havens to disrupt the audit trail and hide the scheme from investigators.
www.corporatecompliance.com /services.htm   (2459 words)

  
 Corporate Accountability International - Challenging Abuse, Protecting People - Corporate Accountability International ...
Representing Corporate Accountability International and women and men religious, Sister Sharon Dillon of the Franciscan Federation testified December 13 at a hearing of the Environmental Protection Agency (EPA).
Corporate Accountability International (formerly In fact) is a membership organization that for 30 years has protected people by waging and winning campaigns challenging irresponsible and dangerous corporate actions around the world.
Corporate control of water, including the bottle water industry, is contributing to the growing global water crisis.
www.stopcorporateabuse.org   (285 words)

  
 Class Action Defense Blog published by Michael Hassen of Jeffer Mangels Butler & Marmaro LLP
Defense attorneys moved to dismiss the class action complaints; the district court granted the motion to dismiss based on the political-question doctrine, lack of standing and thus lack of federal jurisdiction, the expiration of the statutes of limitation, and failure to state a claim.
The Seventh Circuit summarized that "[t]he suits are a series of mostly identical class actions on behalf of all Americans descended from slaves with whom one or more of the defendants or their corporate predecessors may have been directly or indirectly involved." Slip Opn., at 3.
In granting the motion to certify a collective action (in essence an "opt-in" class action) under § 216(b) of the FLSA, the federal court explained that "employees wishing to join the suit must 'opt-in' by filing a written consent with the court" or else they are not bound by any judgment or settlement.
classactiondefense.jmbm.com   (3874 words)

  
 Business and Human Rights: Amnesty International's Human Rights Concerns
AIUSA supports national and international legal instruments that promote greater corporate responsibility for human rights, including those that assure the risk of legal accountability if a company commits or is complicit in human rights abuses in their operations.
SHELL Petroleum Development Corporation (SPDC) is impacting the community of Rukpokwu, Rivers State.
Corporate and development interests are inflicting a devastating toll on human rights and the environment.
www.amnestyusa.org /business   (842 words)

  
 Sample Corporate Bylaws Form
Notice of Meetings: Whenever stockholders are required or permitted to take any action at a meeting, a written notice of the meeting shall be given which shall state the place, date and hour of the meeting, and, in the case of a special meeting, the purpose or purposes for which the meeting is called.
They shall be elected by the stockholders at the annual meeting of stockholders of the corporation, and each director shall be elected for the term of ore year, and until his successor shall be elected and shall qualify or until his earlier resignation or removal.
The executive officers of the corporation shall be chosen by the directors and shall be a Chairman, President, Secretary and Chief Financial Officer.
www.lectlaw.com /forms/f151.htm   (2223 words)

  
 What Are Corporate Actions?
When a publicly-traded company issues a corporate action, it is initiating a process that will bring actual change to its stock.
Corporate actions are typically agreed upon by a company's board of directors and authorized by the shareholders.
It is important for an investor to understand the various types of corporate actions in order to get a clearer picture of how a company's decisions affect the shareholder.
www.investopedia.com /articles/03/081303.asp   (1442 words)

  
 What is a corporate action -faq
Corporate Actions can pertain to either equity or debt securities, although there are some differences in the action types that apply to each.
A mandatory action is one in which the holder of the security has no choice regarding the change in status of his or her shares.
A voluntary action is one in which the holder has a choice to make about how the action will affect the status of his or her shares.
www.exchange-data.com /products/wca_faq.aspx   (570 words)

  
 Forbes.com: DTCC calls for better corporate action system   (Site not responding. Last check: 2007-10-13)
Corporate actions include changes made to the capital structure or financial position of an issuer of a security that will then affect the securities in circulation.
Corporate actions have traditionally been seen as a back office matter, but the study said all parts of a securities firm are affected by the lack of complete information.
"Corporate actions are not just a back office issue but also impact trading strategies in the front office, and the efficiency of capital markets more broadly," Oxera said in a statement.
www.forbes.com /reuters/newswire/2004/05/21/rtr1380349.html   (669 words)

  
 WebWire® | Mondas Announces Proven Interface with Exchange Data International’s Corporate Action Feed   (Site not responding. Last check: 2007-10-13)
Managing and validating corporate actions data is a significant challenge for financial institutions simply because there is so much data and a great deal of it is paper based, which makes it error-prone.
ISO 15022 is becoming the de-facto standard for communicating corporate action event details to arrest the growth of otherwise traditionally manual and volume sensitive procedures.
Mondas Radica CAPS is a proven solution that takes the corporate actions process from the front office, through the middle to the back, all in a true STP environment, offering benefits at each stage.
www.webwire.com /ViewPressRel.asp?aId=13916   (642 words)

  
 CORPORATE HOUSEKEEPERS USERS' MAMUAL - TAKE CORPORATE ACTION
If the corporation was a Subsidiary prior to the transfer and, as a result of the transfer, the Parent no longer holds 80% or greater voting control, the relevant relationship records are terminated as at the date of the transfer.
The fifth selection on the Stockholders Actions Menu, "Change Share Authorization," is used to amend the corporations Articles of Incorporation to provide for additional classes of shares, remove a class of shares, or provide for a greater or lesser number of authorized shares of any given class.
Upon making this selection, the sequence to select between an action of directors or executive committee and whether to create minutes of a meeting or consent in lieu thereof is triggered, including the legality of committees removing resident agent under state law.
www.danvi.vi /help/manual/ai_actn.htm   (20394 words)

  
 Corporate Actions - Business Benefits   (Site not responding. Last check: 2007-10-13)
NCS Corporate Action acknowledges the processing of corporate actions as a complex rule based exercise with unique procedures and systems.
Corporate actions processing consolidated and processed across geographies as a shared service, eliminating duplication of effort and reducing operating costs.
Single system servicing corporate actions processing end-to-end across multiple entities leading to economies of scale and elimination of cost/effort of maintaining multiple systems.
www.tcs.com /Banking/products/business_benefits_corporate.aspx   (260 words)

  
 FindLaw's Writ - Dorf: Gore's Affirmative Action Versus Bush's Affirmative Access
Affirmative action, as it has come to be understood in American law, means taking race, national origin, ethnicity, or (sometimes) sex into account in allocating educational or employment opportunities.
In lawyer's jargon, that means that affirmative action programs must be subjected to, and pass, a court's "strict scrutiny" to be deemed valid.
As a result, to the extent that critics of affirmative action contend that it undermines meritocracy, the ten percent "cure" seems no better and perhaps considerably worse.
writ.corporate.findlaw.com /dorf/20001101.html   (1241 words)

  
 NCWO Corporate Accountability Project
During that action, we learned that CEOs of many Fortune 500 companies are practicing sex discrimination in their use of a club that excludes women from informal, but very important, business networks.
The goal of the Corporate Accountability Project is to improve the lives of women at work, through holding corporations -- by far the largest employers in the United States -- accountable for their treatment of women, and to create systems and measurement tools that will assist companies in creating equitable workplaces.
In the next year, project goals include launching a new website on corporate accountability, to highlight best practices in gender equity as well as serve as a clearinghouse and information portal for women who may be experiencing discrimination at work.
www.corporateaction.net   (1193 words)

  
 CORPORATE HOUSEKEEPERS USERS' MAMUAL - TAKE CORPORATE ACTION
The third selection on the Other Actions Menu, "View or Download All Stock Documents," is useful for looking at or downloading just the documents with respect to stocks issued, i.e., the Specimen Stock Certificate, copies of all certificates issued, the Stock Ledger Folio pages for each certificate issued and any Stock Subscription Agreements.
There are, however, several corporate actions which can be taken but which do not appear on the menus.
If the Corporation has been dissolved (and you are in a jurisdiction demanding Articles of Dissolution), the present date of the Articles is displayed and you are prompted to enter the desired date.
www.danvi.vi /help/manual/ai_actn5.htm   (5866 words)

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