The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
Oracle has agreed to pay a $2 million penalty to settle charges that it did not have proper controls to prevent employees at its Indian subsidiary from secretly setting aside funds from the company's books, the U.S. Securities and Exchange ...
Tags: Oracle, penalty, Indian subsidiary, SEC charges
The US Securities and Exchange Commission(SEC)has charged Germany based insurance and asset management company Allianz for breaching the books and records and internal controls rules of the Foreign Corrupt Practices Act(FCPA). According ...
Tags: FCPA, SEC, Allianz, market regulator
Glass container maker Owens-Illinois Group Inc. OI -1.86%said Thursday it was investigating potential violations of a U. S. Law barring bribery overseas. Owens-Illinois disclosed it in its quarterly report with the Securities and Exchange ...
Tags: market view, glass