| IA Global launches stock buyback
IA Global Inc., a holding company focused on acquiring primarily Japanese companies in the telecommunication and technology markets, said Thursday its board approved a stock buyback plan. The program, which begins April 2, authorizes the company to repurchase up to 4 million shares, or 2.6 percent of its 152.9 million outstanding common shares. .
Let’s take the high road
When caught for a traffic violation, the Delhiite's usual response varies from ‘Do you know who I am?' to slipping the traffic policeman a bribe. The more audacious might try to speed away. Starting this week, all this is going to become that much more difficult as the Delhi High Court has come down heavily on traffic offenders with dramatic increases in fines. So, if you try and hit the road after a drop too many, you may have to cough up Rs 2,500, dangerous driving will leave you poorer by Rs 1,500 as will using mobile phones while driving. Those who jump red lights, go helmetless, use pressure horns or smoke will have to pay Rs 600. Now Cassandras may say that this will only encourage bribery by the notoriously law-averse Delhiite. But, initial signs are encouraging. On day one, the police have notched up 4,500 prosecutions and even VIPs were not spared.
Central Parking sets quarterly dividend
Parking facilities operator Central Parking Corp. said Thursday its board declared a regular quarterly cash dividend of 1.5 cents per share. The dividend is payable on April 16 to shareholders of record at April 2. Central Parking has about 32 million common shares outstanding. .
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