3 Indian origin men among 25 highest paid globally: Fortune Sep 19, 2009
2 million for 2008 was ranked 14th and Dinesh C Paliwal, Harman International Industries Vice-Chairman, President, and CEO with an aggregate compensation of $30. 4 million secured the 25th position. (India Times)
Whats behind the recent rush back to Wall Street? Sep 18, 2009
Harman International Industries Inc. / $200M. CapitalSource Inc. / $82. (Washington Business Journal, DC)
Phone Call to NYSE Set off Braikan Fraud Probe Jul 30, 2009
Early on July 20, an individual investor called to tell regulators at the exchange he had purchased shares of Harman International Industries Inc on news reports it was the target of a takeover -- reports on some smaller websites that the caller was starting to question. NYSE Regulation, the oversight body that provided this account, said the tip reinforced suspicions about trading activity that in-house surveillance tools were picking up related to Harman shares, which jumped at least 33... (ABC News -- Wire)
Investor sued by US authorities found dead in apparent suicide Jul 27, 2009
The US Securities and Exchange Commission sued al-Braikan along with Al-Raya Investment, United Gulf Bank BSC and Kipco Asset Management for allegedly placing ``highly profitable and suspicious'' trades before newspaper and Internet reports claiming investors planned to buy Textron and Harman International Industries. Al-Braikan, 30, was found dead today from a gun-shot wound, said the official, who declined to be identified because the investigation is ongoing. (Sydney Morning Herald -- Business)
Kuwaiti Charged With Fraud in US Kills Himself Jul 27, 2009
One announcement faxed to media outlets July 19 and subsequently reported on the Internet the following day stated that a Middle Eastern investment group made an offer to acquire Stamford, Connecticut-based electronic systems maker Harman International Industries Inc.. Harman was forced to issue a statement last Monday denying it had been approached by a mysterious Gulf investor known as the Arabian Peninsula Group following a number of media reports. (ABC News -- Wire)
Kuwait's Al-Raya Denies Violations in SEC Case Jul 26, 2009
On Thursday, the SEC sued Al-Braikan and entities linked to him, saying they earned millions from trades after "fraudulent" takeover reports sent the shares of U.S. firms Harman International Industries and Textron soaring. Al-Raya also denied having links to any leaked information to the media and voiced confidence in its legal situation and its CEO.. (ABC News -- Wire)
Kuwaiti Financier Sued by SEC Over Takeover Hoaxes Jul 24, 2009
The U.S. Securities and Exchange Commission said in papers filed in Manhattan federal court that Al-Braikan and entities linked to him in Kuwait and Bahrain earned more than $5 million from well-timed trades in Harman International Industries Inc and Textron Inc. In Washington, a top SEC enforcement division official, Scott Friestad, said: "This is pretty brazen misconduct.". (ABC News -- Wire)
SEC Charges Kuwaiti Trader With Hoax Scheme Jul 24, 2009
-based electronic systems maker Harman International Industries Inc. A similar incident occurred in April with Providence, R.I.-based conglomerate Textron Inc.. The hoax offers caused the companies' shares to spike. (ABC News -- Wire)
Dow Soars to 6-Month High on CIT, Jul 21, 2009
Existing users please login. Remember me on this computer. (Fox News)
Style, Meet Sound: Fashion Leader Roxy and Audio Innovator JBL Launch Co-branded Portable Audio Products at Roxy Jam in Biarritz Jul 14, 2009
JBL is a unit of Harman International Industries, Incorporated () ... JBL, AKG, Audioaccess, Becker, BSS, Crown, dbx, DigiTech, Harman Kardon, Infinity, Lexicon, Mark Levinson, QNX, Revel, Soundcraft and Studer are registered trademarks of Harman International Industries, Incorporated ... Duet is a trademark of Harman International Industries, Incorporated. (Yahoo! Wire -- Entertainment News)
U.S. Stocks Post First Weekly Drop in a Month; Exxon, Wells Fargo Decline Jun 21, 2009
Harman International Industries Inc., the maker of audio equipment, and Marshall & Ilsley Corp., the largest bank in Wisconsin, slumped more than 15 percent this week on share sales. One-hundred seventy-nine U.S. companies have raised $89. (Bloomberg -- US)
Subaru Announces Pricing on All-New 2010 Outback Apr 30, 2009
Accessory items for all 2010 Outback models include 16" Alloy Wheels, fog lights, a Blueconnect Bluetooth hands-free phone device, iPod auxiliary connector, puddle lights, cargo tray and trunk lid spoiler. A complete list of accessories will be available soon on . Destination and Delivery charge is $695 for all 2010MY Outback models in the Contiguous 48 States. The MSRP of PZEV (Partial Zero Emissions Vehicle) models is $300 more than the federal specification model. For more information about... (PR Newswire)