Financial Executive's Editor-in-Chief Jeffrey Marshall and Executive Editor Ellen M. Heffes recently spoke with Robert C. Pozen, the chair of the recently formed SEC Advisory Committee on Improvements to Financial Reporting CIFR, sponsored by the U Financial Executive's Editor-in-Chief Jeffrey Marshall and Executive Editor Ellen...
The Idea in Brief Private equity funds' outsize returns to shareholders have many public company managers asking, "If they can get that kind of performance out of a company, why can't we?" Some counter that private...
One can only hope that Securities & Exchange Commission SEC Chairman Chris Cox's new SEC Advisory Committee on Improvements to Financial Reporting is a little more successful than his last advisory committee. That would be the one that made rec One can only hope that Securities...
MINNEAPOLIS -- Medtronic, Inc. (NYSE:MDT), today announced the election to its Board of Directors of Robert C. Pozen, chairman of MFS Investment Management. Pozen is a director of BCE, the parent company of Bell Canada, a director of Bank of New York and a trustee of the Commonwealth Fund, a...
Robert C. Pozen, president of Fidelity Management & Research, Boston, will leave the firm at the end of the year to pursue private interests, including serving on President Bush's commission on Social Security. Abigail P. Johnson, who heads the c Robert C. Pozen, president of Fidelity...
Byline: Vineeta Anand WASHINGTON - The Securities and Exchange Commission loosened the definition of soft dollars in 1986, and now the push is to go back to the pre-1986 definition. After Congress abolished fixed commission rates in May 1975, th Byline:...
It has apparently gone unnoticed that the SEC Advisory Committee on Improvements to Financial Reporting CIFiR, which I mentioned last month, will recommend to the Securities & Exchange Commission SEC to begin phased-in, mandatory adoption of XBRL tagging. The "developed proposal" that was...
As financial executives of both public and private companies absorb the events and happenings of 2007 and look ahead at what's in store for them in 2008, FEI CEO and President Michael P. Cangemi has compiled the following list of the Top Challenges for...
This January brings with it a time for changes in the world of finance and accounting--a time for renewal and to move forward. Again. Yes, I said something similar in a "Top Line" article last January. Since then, we have experienced some change, and...
Financial Executive's Editor-in-Chief Jeffrey Marshall and Executive Editor Ellen M. Heffes recently spoke with Robert C. Pozen, the chair of the recently formed SEC Advisory Committee on Improvements to Financial Reporting CIFR, sponsored by the U.S. Securities and Exchange Commission. Pozen answered questions...
In May, this column reported on the recent activities in Congress focused on market competitiveness and complexity in financial reporting. It ended with the following: "... at the heart of it all is that it is time for action. There is a need to...
The U.S. Securities and Exchange Commission SEC Advisory Committee on Improvements to Financial Reporting CIFR held its first meeting at SEC headquarters in Washington, D.C., on August 2. The committee's chair, Robert C. Pozen, chairman of MFS Investment Management, was formerly vice chairman...
NOV.12-13, 2007 New York Marriott Marquis Times Square the must-attend event for preparers of corporate financial statements Earn up to 19 CPE credits CFRI--the must-attend event for preparers of corporate...
One can only hope that Securities & Exchange Commission SEC Chairman Chris Cox's new SEC Advisory Committee on Improvements to Financial Reporting is a little more successful than his last advisory committee. That would be the one that made recommendations on how to ...
CHAPEL HILL, N.C. -- POZEN Inc. (NASDAQ: POZN) announced today that John R. Plachetka, Pharm.D., the company's chairman, president and chief executive officer, will present at the Robert W. Baird & Co. 2007 Growth Stock Conference on Thursday, May 10, 2007 at 7:45 a.m. CT at the...
Byline: Robert C. Pozen Over the last decade, hedge funds have soared to more than $1 trillion in assets from less than $200 billion. Today the hottest subcategory is the fund of funds, which holds more than 45% of hedge fund assets and garners...
Several ideas on how to restructure Social Security have been put forth in recent years, including proposals for reform such as private accounts similar to IRAs or 401Ks the latter being defined contribution plans rather than promised benefits from defined benefit plans, increased...
WASHINGTON -- Robert C. Pozen, the business executive who developed the theory behind President Bush's plan to trim Social Security benefits in the future, urged the president on Thursday to drop his insistence on using a portion of workers' taxes to pay for individual investment accounts. ...
Byline: David Hoffman PALM SPRINGS, Calif. - The benefits of fund company mergers and acquisitions and of being a shop that produces, sells and packages mutual funds may be waning because of changes in the industry. The result:...
BEVERLY HILLS, Calif. -- RealTimeInsider.com, the only service that provides instant desktop alerts on insider trading filings, (http://www.realtimeinsider.com/default.asp?aid=657) reports on today's largest open market buys by key insiders. Robert C. Pozen, Director of Medtronic Inc. (NYSE:MDT), purchased a total of 20,000 shares at an average price of $48.21....