ADVFN - Advanced Financial Network.
HOME» NYSE » R » ROK Stock Price » ROK Stock News

Rockwell Automation Share News

 Rockwell Automation, Inc. Stock Price
ROK Stock Price
 Rockwell Automation, Inc. Stock Chart
ROK Stock Chart
 Rockwell Automation, Inc. Stock News
ROK Stock News
 Rockwell Automation, Inc. Company Information
ROK Company Information
 Rockwell Automation, Inc. Stock Trades
ROK Stock Trades

Rockwell To Forfeit $1.8 Million In Profit In Settlement With SEC

DOW JONES NEWSWIRES Rockwell Automation Inc. (ROK) said it will forfeit $1.8 million in profit as part of a settlement with the Securities and Exchange Commission tied to charges that it violated provisions of the U.S. Foreign Corrupt Practices Act in 2006 and earlier. The maker of factory-automation equipment and software also will pay a $400,000 fine plus interest. Shares were down 2.1% at $85.18 in recent trading. The stock is up by more than one-third in the past year. The company in November 2006 said it was reviewing actions that involved payments for non-business travel expenses and other business arrangements involving potentially improper payment methods for legitimate business expenses. Rockwell voluntarily disclosed the review to the SEC in 2006. The charges also include earlier alleged incidents at a subsidiary in China that was sold in a larger $1.8 billion sale of its Power Systems business to Baldor Electric Co. (BEZ) in early 2007. The Foreign Corrupt Practices Act prohibits, among other things, U.S. companies from bribing foreign officials in order to obtain business. "These incidents, while isolated, have led us to heighten our vigilance and further improve our training," Chairman and Chief Executive Keith D. Nosbusch said. Rockwell last week reported that its fiscal second-quarter profit rose 21% on double-digit percentage growth at its architecture and software business and its control-products unit. -By Tess Stynes, Dow Jones Newswires; 212-416-2481;

Stock News for Rockwell Automation (ROK)
11/25/201517:29:34Statement of Changes in Beneficial Ownership (4)
11/24/201508:45:031 Surprising Internet-of-Things Stock to Consider for Your Portfolio
11/20/201512:08:34Statement of Changes in Beneficial Ownership (4)
11/18/201511:02:00Rockwell Automation Earns Top Marks in 2016 Corporate Equality...
11/17/201512:46:44Annual Report (10-k)
11/17/201510:08:27Statement of Changes in Beneficial Ownership (4)
11/16/201517:15:04Rockwell Automation Fiscal Q4 Earnings: Not a Good Read
11/13/201501:41:00Rockwell Automation annonce une innovation conjointe avec Microsoft...
11/13/201501:41:00Rockwell Automation anuncia co-inovação em mobilidade com Microsoft
11/12/201522:00:00Rockwell Automation Anuncia Coinnovación de Movilidad con Microsoft
11/12/201521:54:00Rockwell Automation kündigt Co-Innovation zur Mobilität mit M...
11/12/201512:42:00Rockwell Automation Announces Mobility Co-Innovation with Microsoft
11/10/201507:19:28Current Report Filing (8-k)
11/10/201507:00:00Rockwell Automation Reports Fourth Quarter and Full Year 2015...
11/02/201511:54:00Rockwell Automation to Host Investor Meeting
10/27/201511:37:00Rockwell Automation to Release Fiscal 2015 Fourth Quarter Results
10/05/201514:48:11Statement of Changes in Beneficial Ownership (4)
10/05/201514:48:11Statement of Changes in Beneficial Ownership (4)
10/05/201514:48:10Statement of Changes in Beneficial Ownership (4)
10/05/201514:48:10Statement of Changes in Beneficial Ownership (4)

Rockwell Automation and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations