Restatements

The impact on GE of the president's announcement that tariffs on steel and aluminum are coming is unclear, but there was enough other bad news to keep the stock as the Dow's worst performer for the...
Paul Ausick
GE has announced that it will need to restate 2016 and 2017 results. The conglomerate's relationship with Wall Street, which could not get worse, just did.
Douglas A. McIntyre
The Weinstein Company will file for Chapter 11, "Black Panther" had another huge ticket sales weekend, GE will restate earnings for the past two years, and other important headlines.
Douglas A. McIntyre
Domino's Pizza has released an app for those who know what they want before they order it. The app links to past pizza orders and eating patterns of customers.
Douglas A. McIntyre
Citigroup announced after the close that it is lowering its previously reported third-quarter 2014 financial results.
Jon C. Ogg
Not surprisingly, shares of KBR took a hit in early trading Monday after the company announced its intention to restate its consolidated financial statements for the year 2013.
Trey Thoelcke
Source: courtesy of KFCThe value of the shares in Yum! Brands Inc. (NYSE: YUM) rose consistently over the past five years, until a few weeks ago they were up well over 100% for that period. The...
Douglas A. McIntyre
Microsoft Corporation (NASDAQ: MSFT) disclosed that it will need to take a massive charge after the close on Monday. Before you hit the panic button here you really need to understand what the charge...
Jon C. Ogg
Diamond Foods, Inc. (NASDAQ: DMND) is facing another round of the firing squad on Wall Street this Monday.  Things are bad enough that this hit yet another 52-week low. Some are saying that this is...
Jon C. Ogg
Diamond Foods, Inc. (NASDAQ: DMND) is adding insult to injury this morning.  The company was never known for its great dividend, but the company is suspending its dividend in an order to conserve...
Jon C. Ogg
Greece has all but formally defaulted on its debt if you remove the winks and nods from the ‘exceptions to the rules’ of what constitutes a default.  Standard & Poor’s Ratings Services has...
Jon C. Ogg
Calling on the death of a company is no fun task.  Some companies cannot get it right and it is amazing how some companies can hold on to a status as a public company.  24/7 Wall St. has compiled a...
Jon C. Ogg
Chimera Investment Corporation (NYSE: CIM) is the mortgage REIT which we used to dub “the vulture mortgage REIT” because of its targets in lower-rated mortgage-backed securities. Usually a delay...
Jon C. Ogg
CarMax shares moved sharply higher as the used car chain posted higher earnings than expected. Used car prices have risen and sales have tracked the upward momentum of those of new car firms GM...
Douglas A. McIntyre
Can any accounting out of China be trusted?  This is what prudent investors have to start asking themselves.  Since early this year a new report comes out nearly every week that reveals some...
Jon C. Ogg