International Business News - Century http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Century Aluminum Co. said Monday that underwriters from a recent public offering have exercised an overallotment option, a move that will likely net about $442 million. http://www.ibtimes.com/articles/20080714/century-aluminum-underwriters-exercise-options.htm Mon, 14 Jul 2008 10:51:27 EDT Shares of Century Aluminum Co. tumbled Tuesday after the company agreed to sharply increase its number of shares outstanding as part of a $1.7 billion payment to cancel fixed-price aluminum sales contracts that prevented the company from benefiting from a run-up in aluminum prices. http://www.ibtimes.com/articles/20080708/century-aluminum-tumbles-on-large-share-issue.htm Tue, 08 Jul 2008 17:21:10 EDT Century Aluminum Co. said Tuesday it will pay $1.7 billion in cash and securities to its largest shareholder to cancel fixed-price sales contracts that keep it from taking advantage of the metal's record high pricing. http://www.ibtimes.com/articles/20080708/century-aluminum-cancels-fixed-price-contracts.htm Tue, 08 Jul 2008 11:58:35 EDT A federal judge has denied a request by the founder of a failed health care financing company to delay his corporate fraud trial. Former National Century Financial Enterprises chief executive Lance Poulsen wanted his trial in the $1.9 billion fraud case moved from August to October to give him and his attorneys more time to get ready. http://www.ibtimes.com/articles/20080617/judge-in-ohio-wont-delay-corporate-fraud-trial.htm Tue, 17 Jun 2008 13:54:55 EDT Shares of Century Aluminum Co. fell Friday after the aluminum producer reported first-quarter results below analyst expectations. Late Thursday, Monterey, Calif.-based Century Aluminum said it lost $232.8 million, or $5.67 per share, compared with a profit of $60.8 million, or $1.87 per share, in the year-earlier quarter. http://www.ibtimes.com/articles/20080425/century-aluminum-shares-fall-as-1st-qtr-results-disappoint.htm Fri, 25 Apr 2008 11:55:29 EDT A federal judge on Wednesday ordered one defendant convicted in a $1.9 billion corporate fraud case released from jail on bond, but said three others he dubbed a "leadership cabal" must stay behind b... http://www.ibtimes.com/articles/20080416/judge-3-fraud-defendants-must-remain-jailed-1-other-freed.htm Wed, 16 Apr 2008 20:36:50 EDT An FBI agent says the defendants in a $1.9 billion corporate fraud case planned to escape the country by cruise ship because passports weren't required to leave the ship. Special agent Kevin Horan ... http://www.ibtimes.com/articles/20080416/fbi-agent-defendants-planned-to-flee-country-by-cruise-ship.htm Wed, 16 Apr 2008 10:25:58 EDT Attorneys for four executives accused of plotting an escape to Aruba to avoid sentencing in a corporate fraud case say the government's evidence is based on an unreliable informant. Prosecutors ins... http://www.ibtimes.com/articles/20080416/convicted-executives-plead-for-freedom-before-prison.htm Wed, 16 Apr 2008 00:26:37 EDT Some events in the history of the $1.9 billion fraud case against National Century Financial Enterprises, based in the Columbus, Ohio suburb of Dublin: 1991: Businessman Lance Poulsen founds Nationa... http://www.ibtimes.com/articles/20080415/hearing-in-alleged-escape-plot-latest-twist-in-fraud-case.htm Tue, 15 Apr 2008 15:19:01 EDT North Carolina community bank New Century Bancorp Inc. said Friday that J. Gary Ciccone has been elected chairman of the board. C.L. Tart, who served as chairman since the company's inception in 20... http://www.ibtimes.com/articles/20080404/new-century-bancorp-names-new-chairman.htm Fri, 04 Apr 2008 14:42:21 EDT The government Wednesday arrested four executives convicted in a $1.9 billion fraud trial, saying they were planning to flee overseas before sentencing. The four former National Century Financial En... http://www.ibtimes.com/articles/20080402/fbi-corporate-defendants-planned-escape.htm Wed, 02 Apr 2008 19:38:39 EDT Bankrupt mortgage lender New Century Financial Corp. used improper accounting practices while making risky loans, creating "a ticking time bomb" that led to the company's rapid downfall, a court examiner said in a report released Wednesday. http://www.ibtimes.com/articles/20080326/examiner-faults-new-centurys-accounting.htm Wed, 26 Mar 2008 16:46:06 EDT New Century Financial Corp.'s former leaders and auditor KPMG LLC should be sued over flawed accounting at the subprime lender, a bankruptcy investigator said. http://www.ibtimes.com/articles/20080326/official-urges-kpmg-lawsuit.htm Wed, 26 Mar 2008 16:55:12 EDT A federal jury on Wednesday convicted the founder of a failed health care company of trying to bribe a witness in an upcoming $1.9 billion fraud trial. http://www.ibtimes.com/articles/20080326/federal-jury-convicts-natl-century-exec.htm Wed, 26 Mar 2008 16:10:45 EDT Two sharply different versions of the government's star witness in a federal witness tampering trial involving National Century emerged during a weeklong trial now before jurors. http://www.ibtimes.com/articles/20080325/jury-gets-national-century-fraud-case.htm Tue, 25 Mar 2008 18:51:45 EDT The government's chief target in a $1.9 billion corporate fraud case on Monday repeatedly denied trying to bribe a key witness to give favorable testimony. http://www.ibtimes.com/articles/20080324/exec-denies-trying-to-bribe-witness.htm Mon, 24 Mar 2008 19:50:06 EDT The government's chief target in a $1.9 billion corporate fraud case took the stand Monday to criticize a former employee he is accused of trying to bribe to give favorable testimony. http://www.ibtimes.com/articles/20080324/ex-exec-defends-self-in-tampering-case.htm Mon, 24 Mar 2008 13:11:51 EDT The government's chief target in a $1.9 billion corporate fraud case took the stand Monday to criticize a former employee he is accused of trying to bribe to give favorable testimony. http://www.ibtimes.com/articles/20080324/executive-tries-to-discredit-witness.htm Mon, 24 Mar 2008 12:07:20 EDT Prosecutors allege a former health care executive accused of witness tampering in a $1.9 billion corporate fraud case tried to bribe a witness to give favorable testimony. http://www.ibtimes.com/articles/20080324/ohio-prosecutors-allege-bribe.htm Mon, 24 Mar 2008 09:46:51 EDT A former health care executive accused of witness tampering in a $1.9 billion corporate fraud case suggested that a key witness tell prosecutors that she wasn't familiar with the charges against him, according to a taped phone conversation played in federal court Friday. http://www.ibtimes.com/articles/20080321/tape-played-in-witness-tampering-case.htm Fri, 21 Mar 2008 11:38:39 EDT