Accounting
Accounting Articles
If one phrase in an auditor report will spook an investor that they haven't seen before, it is the so-called going concern opinion.
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A filing with the SEC showed that J.C. Penney is raising $350 million via the sale of senior notes that are due in 2019.
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Halliburton announced a settlement on Tuesday concerning the class claims regarding the Deepwater Horizon rig explosion in the Gulf of Mexico.
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Life Time Fitness saw its shares surge on Monday on news that it was exploring a potential conversion of its real estate assets into a REIT.
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Hertz shares were down nearly 10% in response to a myriad of problems that have accumulated since its announcement that financial statements for the past two years will have to be corrected.
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ITT Educational Services was absolutely clobbered on Monday. Things have been bad for years in the for-profit secondary education market, and now we have a whole set of fresh concerns to worry about.
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L-3 Communications is far from your typical company that faces accounting problems. The company is one of the key defense stocks for encrypted communications.
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General Motors has set aside $1.2 billion as a charge to earnings for the current quarter due to the recall of 29 million cars and light trucks. The number is a management guess, blessed by...
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Citigroup is finding out that it also gets a turn in the mortgage settlement barrel. Shares have dropped on Friday on news that the U.S. Department of Justice is seeking a $10 billion fine from the...
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ThinkstockOcean Power Technologies, Inc. (NASDAQ: OPTT) has just reached a crush depth alert on news that it has fired its CEO, who is also Chairman, for cause. Shares were halted most of Tuesday....
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Wells Fargo has many things going for it. For instance, it has had the most successful stock buyback plan of all major banks, according to am obscure research report from Nomura's Bill Carcache.
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3D Systems is signaling all the metrics of a burst bubble for its stock. That is a view that is still hotly debated, and the opinions on this matter likely will be fought over for quite some time.
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Apple has announced that Peter Oppenheimer will retire as the tech giant's chief financial officer. Any time a CFO retirement comes up, it can create change inside a company.
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J. C. Penney remains challenged. A new release from the company signals one of two outcomes. First is that it could be taken over against its will. The second is that the company thinks it can become...
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ThinkstockThe economy has never gone back into major expansion mode after the recession. After all, the financial media often doubts the bull market, and the Federal Reserve and other central banks...
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