Glancy Prongay & Murray Announces the Filing of a Securities Class Action on Behalf of AZZ Inc …

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Glancy Prongay & Murray Announces the Filing of a Securities Class Action on Behalf of AZZ Inc …

On January 9, 2018, AZZ announced that the Company's audit committee and outside accounting firm determined the Company should have accounted differently for certain contracts within its Energy Segment. According to the Complaint filed in this class action, throughout the Class period, AZZ made
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Morocco Adopts More Flexible Exchange Rate to Boost Standing

Morocco will adopt a more flexible exchange rate from Monday as part of a long-awaited plan aimed at boosting the competitiveness of the North African nation's economy. Bank Al-Maghrib, Morocco's central bank, said in a statement it would widen the official band within which the dirham fluctuates to 5
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Indonesia Warns Against Owning, Selling, Trading Cryptocurrency

Bank Indonesia is taking a firm stance against cryptocurrencies as it urges all parties to refrain from owning, selling or trading the tokens. “Owning virtual currencies is very risky and inherently speculative,” the central bank said in a statement Saturday. The digital tokens “are prone to forming asset
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Teva's Debt Cut to Junk by Moody's, Adding to Drugmaker's Woes

“This has been something that's been been in the cooker for awhile,” said Bloomberg Intelligence analyst Mike Holland, who wrote in a November report that Moody's or S&P may follow Fitch's downgrade. Teva's financial headaches date to its ill-timed $41 billion buyout of Allergan Plc's generics
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Draft of city audit presented to Natchez aldermen

The draft — done by Gillon Group, PLLC — showed mixed findings, noting both the city clerk's office's accounting shortcomings from years prior … Additionally, the audit found that the subsequent clerk lacked adequate knowledge of government accounting practices, something the group noted has been
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