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Apple Computer said it would probably need to restate its earnings and would delay the filing of its most recent quarterly results
Media Release
Aug. 4, 2006

Apple Computer said it would probably need to restate its earnings and would delay the filing of its most recent quarterly results, after an internal probe found more evidence of irregularities related to its granting of stock options between 1997 and 2001.

 

 


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Apple Computer said it would probably need to restate its earnings and would delay the filing of its most recent quarterly results
Media Release
Apple Computer said it would probably need to restate its earnings and would delay the filing of its most recent quarterly results, after an internal probe found more evidence of irregularities ...
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US employment was softer than expected in July
Media Release
The Labour Department said 113,000 jobs were created last month, less than the 145,000 expected by economists.
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The European Central Bank (ECB) and the Bank of England both raised interest rates Aug. 3 in an attempt to restrain inflation after strong economic growth during the past quarter
Media Release
The ECB raised its rate a quarter point to 3 percent, and the Bank of England increased its rate a quarter point to 4.75 percent, its first increase in two years.
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Sales for U.S. retailers rose in July due partially to unusually warm weather
Media Release
Overall retail sales gained 2.5 percent during the summer months, with high marks for J.C. Penney Co., which saw a 4.9 percent increase, and Federated Department Stores Inc., which rose 3.3 percent.
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CMS Energy Corp.'s (CMS) second-quarter net income more than doubled - revenue up 13%
Media Release
CMS Energy Corp.'s (CMS) second-quarter net income more than doubled, helped by increased revenue from a December electric-rate order and a tax settlement which offset costs related to the refueling of a nuclear plant and milder weather.
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Starbucks Corp. shares plummeted as much as 14% on disappointing same-stores sales growth in July
Media Release
Starbucks Corp. shares plummeted as much as 14% early Thursday after it reported disappointing same-stores sales growth in July and projected an increase in capital expenditures for new store openings.
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Sprint Nextel Corp. second-quarter profit fell sharply owing to merger-related costs
Media Release
Sprint Nextel Corp. on Thursday said second-quarter profit fell sharply owing to merger-related costs, while revenue growth fell short of Wall Street's forecast as the phone company signed up fewer wireless customers than expected.
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CBS Corp. on Thursday said its second-quarter profit rose 4%
Media Release
CBS Corp. on Thursday said its second-quarter profit rose 4% from the prior year, including a gain on the sale of its theme parks and a tax benefit, as revenue was flat due to a lackluster performance at the radio division.
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Israeli war planes renewed strikes against Beirut's southern suburbs
Media Release
Israeli war planes renewed strikes against Beirut's southern suburbs after the biggest and deepest rocket attacks yet from Hezbollah.
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