Tom Cruise will soon have nothing on you

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Tom CruiseThe Gestural Interface computer Tom Cruise used in the movie Minority Report is on its way to a conference room near you. Be the first in your company to make a dramatic, arm-swooping presentation, with information flying around the office wall! Read the rest of this entry »

Quick Quiz: Which company gives executives up to $15,000 for tax return preparations?

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Part A Which company provides to their executives reimbursements of up to $15,000 per year for Company-mandated tax return preparations?

  1. H & R Block (HRB)
  2. Jackson Hewitt Tax Services (JTX)
  3. AGL Resources Inc. (AGL)
  4. Morgan Stanley (MS)

Part B If the executives at this company do not use the entire amount for tax preparations, the remaining amount may be applied to which of the following choices?

  1. Country club fees or car service
  2. Business clothing or fitness centers
  3. Legal fees or car insurance
  4. Financial planning or estate planning

Check your answers.

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EDGAR Online extends lead in number — and accuracy — of XBRL filings

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The company continues to extend the leadership position achieved in 2009, with 35% market share for XBRL-mandated tagging and the highest SEC validation rate in the industry. Now, with an additional $12 million in new capital funding, “we’re at the heart of a great, world-changing opportunity,” said CEO Philip Moyer. Read the rest of this entry »

Companies must disclose climate-related impacts on business operations

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We reported last month that a variety of groups have petitioned the SEC to require more climate-related disclosures, given that changes in the climate and pending laws, could materially affect business operations. This week the SEC clarified its reporting requirements and posted new guidance – just in time for proxy season. Companies preparing their 2009 annual reports are learning they must consider environment-related issues. Read the rest of this entry »

Check out how your neighbors spend their money

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Ever wonder how your neighbors are spending their money? How do their buying habits compare to your own? Here’s a new website for the nosey where you can find out just what the Joneses are doing – or maybe you’ll discover that you are the Joneses! Read the rest of this entry »

Using LinkedIn for business communications? Better keep a copy.

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Uh oh. New guidelines from the Financial Industry Regulatory Authority warns security firms that they must keep copies of what any business-related communications posted on social networks – not just the official communications, but also of posts by any “associated persons.” Read the rest of this entry »

Quick Quiz: Which directors serve on multiple company boards – and how would you know?

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It’s a 2-part quiz this month. Which of the following directors serve on multiple companies boards – and how would you know?

  1. Lee Iacocca
  2. Sam Nunn
  3. Kenneth Duberstein
  4. David Z. Smith

Check your answer!

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SEC requires more info on compensation, risk management, and directors’ qualifications

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After public outcry over the management, or mismanagement, of companies that have cost taxpayers while enriching its executives and directors, the SEC is expanding disclosure on who is in charge, what qualifies a board member, how directors are overseeing risks, and how they are being paid. Read the rest of this entry »

High speed automated trading: aid or threat to market liquidity?

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High speed, high volume trading now accounts for over 60% of activity in the US stock market and that percentage is expected to increase in 2010. Is this good for the markets, as its proponents insist, or is the stage being set for a sudden, computer-driven market collapse that can happen too fast for human investors to respond?  Read the rest of this entry »

Hot job market predicted for compliance officers and examiners

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Financial examiners and compliance officers are now on the list of the 30 fastest growing occupations, according to the Department of Labor. Not surprising, the last report, two years ago, listed the type of financial jobs that helped fuel hedge, speculative, and Ponzi economics. Today, the list features jobs that help companies follow the rules!  Read the rest of this entry »

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