PRAXAIR INC: Spanish Probe on Unit’s Income Tax Credits Ongoing

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that an investigation by Spanish prosecutors relating to income tax credits generated by certain of the company’s Spanish subsidiaries prior to…

PRAXAIR INC: Settles Several Federal Tax Dispute in Brazil

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the company has decided that it was economically beneficial to settle many of its outstanding federal tax disputes.

During May 2009,…

PRAXAIR INC: Still Facing Welding Fumes Injury Lawsuits

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that as of June 30, 2010, the company was a co-defendant with many other companies in lawsuits alleging personal injury caused…

FLOWSERVE CORP: French Probe on UN Oil-for-Food Part Ongoing

Flowserve Corp. disclosed in its Form 10-Q filing with the U.S.

Securities and Exchange Commission for the quarter ended June 30,

2010, that a French investigation relating to products that one of

the company’s French subsidiaries delivered to Iraq from 1996

through 2003 under…

PRAXAIR INC: Facing Anticompetitive Proceedings in Brazil

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the company and several other Brazilian industrial gas companies are still facing a proceeding by a unit of the Brazilian…

FLOWSERVE CORP: Court Okays Securities Violations Settlement

Flowserve Corp. disclosed in its Form 10-Q filing with the U.S.

Securities and Exchange Commission for the quarter ended June 30,

2010, that on May 11, 2010, the U.S. District Court for the

Northern District of Texas entered an order granting final

approval of…

PRAXAIR INC: Settles State Tax Disputes with Rio de Janeiro

Praxair Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that during the 2010 first quarter, the company decided that it was economically beneficial to settle several of its outstanding disputes…

FLOWSERVE CORP: Iraq’s Suit on UN Oil-for-Food Program Ongoing

Flowserve Corp. disclosed in its Form 10-Q filing with the U.S.

Securities and Exchange Commission for the quarter ended June 30,

2010, that a civil filed by the Republic of Iraq relating to the

United Nations Oil-for-Food Program is still ongoing.

On June 27,…

AETNA INC: CMS Grants Limited Waiver of Sanctions Until September

Aetna Inc. disclosed in its Form 10-Q filing with the U.S. Securities and Exchange Commission for the quarter ended June 30, 2010, that Centers for Medicare & Medicaid Services has granted the company limited waiver of sanctions to allow it…

FEDEX CORP: Investigations by U.S. DOJ Still Ongoing

Fedex Corp. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that investigations by the Antitrust Division of the U.S. Department of Justice (”DOJ”) are still ongoing.

In June 2006, Fedex received a…

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