Jeffrey Skilling, the ex-Enron chief executive who was sent to prison in 2006 after being convicted for his role in the energy giant’s collapse, could be freed by the end of the decade after a US judge cut his sentence from 24 to 14 years.
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Wednesday 01 December 2004
Monday 29 November 2004
Wednesday 24 November 2004
ITouch announced third-quarter results yesterday which placed the mobile phone content company on track to meet market expectations for underlying earnings of £8.3m for the full year.
Thursday 04 November 2004
A US jury convicted four former executives from the Wall Street bank Merrill Lynch and a former Enron finance executive of conspiracy and fraud yesterday for helping push through a sham deal to pad the energy company's earnings.
Thursday 04 November 2004
Paul Myners, who is conducting a Government-sponsored inquiry into pre-emption rights in company fund raisings, said yesterday that shareholders' right to prevent a company issuing new shares to outsiders goes to "the heart of corporate governance".
Wednesday 27 October 2004
Allan Leighton, the chairman of Royal Mail, stepped down from three of his seven major company directorships yesterday, clearing the decks for a new "big opportunity", believed by some to be a shot at the top job at the beleaguered supermarket group Sainsbury.
Sunday 24 October 2004
It's all about quality rather than quantity this week. There may not be a raft of announcements due, but with some of the market's biggest companies reporting, it will be a busy week.
Friday 22 October 2004
The Stockbroker Numis is embroiled in an internal dispute over the company's future, according to industry sources.
Wednesday 20 October 2004
Tuesday 19 October 2004
Malcolm Glazer edged closer to triggering a mandatory bid for Manchester United last night by increasing his stake in the club to 27.63 per cent. When any shareholder's stock level rises above 29.99 per cent of a company they are obliged under Stock Market regulations to make an offer for the whole company.
Sunday 17 October 2004
Wednesday 13 October 2004
The man behind Virgin Radio announced he was quitting the company yesterday to seek a "more flexible work-life balance", leaving the station's owner, SMG, searching for a replacement.
Thursday 07 October 2004
Shepherd Neame, the 300-year-old brewer quoted on Ofex, saw more than £800,000 wiped off its profits last year thanks to a family feud between its former vice-chairman, Stuart Neame, and his first cousin once removed, the company's chief executive, Jonathan Neame.
Thursday 30 September 2004
Wednesday 29 September 2004
Kevin Hyde quit as the chief executive of Jarvis yesterday after overseeing a disastrous 16 months at the company during which it made a £244m loss, breached its banking covenants and saw its share price collapse.
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