2016年5月27日 星期五

bourse, plaintiff, preliminary, precursory, stop short of sth

"Clearly, Japan was defeated and preparing to surrender before the atomic bomb was used. Though the question of timing was in dispute, it is also certain that this was generally understood by the U.S. government at the time."
--from THE DECISION TO USE THE ATOMIC BOMB by Gar Alperovitz
Controversial in nature, this book demonstrates that the United States did not need to use the atomic bomb against Japan. Alperovitz criticizes one of the most hotly debated precursory events to the Cold War, an event that was largely responsible for the evolution of post-World War II American politics and culture.


IBM agrees to $20M settlement of options-related lawsuit ARMONK, N.Y. (AP) — IBM Corp. has agreed to pay $20 million to settle a lawsuit by shareholders who claimed the technology company misled the public about employee stock-option expenses in 2005.
The settlement, disclosed Monday by lawyers for the plaintiffs ━━ n. 【法】原告., comes a year after the Securities and Exchange Commission determined that IBM's conduct had violated federal law. However, the SEC stopped short of finding that fraud had been committed, and it imposed no fine on IBM.
The shareholder lawsuit and the SEC investigation examined whether IBM manipulated expectations for its first-quarter earnings announcement in 2005.
Nine days before the company made the announcement, Chief Financial Officer Mark Loughridge indicated to analysts that accounting for stock options would cost 14 cents per share.
The cost turned out to be 10 cents per share, and some analysts complained that IBM originally gave the higher figure in order to artificially lower expectations for the quarter and cushion disappointing business results.
The lawsuit contended IBM knew the true figure when Loughridge provided the 14-cent estimate.
IBM spokesman Fred McNeese confirmed the settlement but said his company maintains that it did not misrepresent information to investors.





stop short of sth
If you stop short of doing or saying something, you decide not to do or say it although you almost do:
I stopped short of telling him the brutal truth, but only just.

IBM in Preliminary Pact to Settle Class Action Lawsuit for $20 Million

By Lauren Pollock : International Business Machines International Business Machines Corp. reached a preliminary settlement under which it will pay $20 million in cash to settle a class-action lawsuit alleging it made misrepresentations in 2005 that artificially inflated its share price.

In the litigation, plaintiffs alleged investors were damaged by "misrepresentations and omissions" in ...






UPDATE: Taiwan Bourse Plans IPO, Seeks Foreign Investors

precursory

Pronunciation: /prɪˈkəːs(ə)ri/  
(also precursive /prɪˈkəːsɪv/)

ADJECTIVE

Preceding something in time, development, or position; preliminary:precursory seismic activity

Origin

Late 16th century: from Latin praecursorius, from praecurs- 'preceded' (see precursor).

CNNMoney.com - USA
By Joy C. Shaw TAIPEI -(Dow Jones)- Taiwan Stock Exchange Corp. plans to list shares as soon as the end of 2008, and is in preliminary talks with four ...


bourse

(bʊrspronunciation
A stock exchange, especially one in a continental European city. ━━ n. (パリの)証券取引所.
[French, purse, bourse, from Late Latin bursa, bag. See bursa.]

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