Restatements
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...
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Friday, May 6, 2011 will mark the one-year anniversary of the 2010 Flash Crash. The Flash Crash has been blamed on many things and many investors still dispute the true cause or the single smoking...
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The 2011 Oscar telecast will go down as one of the worst in the history of the Academy of Motion Picture Arts and Sciences.  At least that is what many Internet critics argued. Hollywood can no...
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Do you recall the press release hoax in 2000 that hit Emulex Corp. (NYSE: ELX)? It was a disaster and also changed the manner in which many reporters covered news based upon corporate press...
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Thor Industries, Inc. (NYSE: THO) is not a typical company we would cover for an earnings report. Today is no normal earnings report. The company did post rather impressive numbers, but that is...
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Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
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Fuqi International Inc. (NASDAQ: FUQI) got killed last night and things are not looking bright this morning. The Chinese jewelry designer found “accounting errors” which led to overstated...
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American International Group Inc. (NYSE: AIG) has released more information on many of the troubled Maiden Lane III derivatives transactions. These are those contracts that helped to knock the...
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McDonald’s (NYSE:MCD) was supposed to crush Starbucks (NASDAQ:SBUX) in the premium coffee business when the world’s largest restaurant chain introduced a line of premium java more than a year...
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Standard & Poor’s Ratings Services is making a house-cleaning exercise which could have a broad impact on the ratings of thousands of already-troubled securities. S&P is changing its ratings...
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LDK Solar Co.Ltd. (NYSE: LDK) has announced plans to file its 2008 report with the SEC tomorrow. As many have become used to with LDK, there is some negative news as well. The company said that...
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State Street Corporation (NYSE:STT) has announced that it will record a net after-tax charge in the fourth quarter of 2007 of $279 million, or $0.71 per share. The charge is to establish a reserve to...
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VeriFone Holdings Inc. (NYSE: PAY) saw shares crushed on the debut of 2008 as the company issued a year-end statement noting that its ongoing restatement process will cause a delay in its annual...
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VeriFone (NYSE:PAY) is seeing shares crushed today after the company issued a release stating that it was going to restate financial results and quarterly financial statements for 2007. This is...
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Dell (NASDAQ:DELL) issued a release today with the news that it has received a letter from the Board of Directors of The NASDAQ Stock Market LLC confirming that the company has regained compliance...
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