Krispy Kreme Shares Jump as Chief Is Ousted
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Krispy Kreme Doughnuts announced the retirement of Scott Livengood, who has been criticized for his handling of the company's recent financial problems.
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Krispy Kreme Doughnuts Inc. on Thursday said its quarterly profit tumbled by more than half and slashed its sales growth outlook for the rest of the year, wiping 17 percent off the value of its stock.
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WINSTON-SALEM, NC - The Securities and Exchange Commission has escalated its investigation of Krispy Kreme Doughnuts Inc. to a formal inquiry, the company announced Friday.
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CHICAGO (CBS.MW) -Krispy Kreme Doughnuts Inc. shares dived more than 16 percent on Monday, leaving investors with a bad taste after the company reported a quarterly loss and pulled forecasts for the rest of the year.
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Stocks to watch: KRISPY KREME DOUGHNUTS INC.
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- Krispy Kreme Doughnuts Inc  reported a wider second-quarter net loss on higher impairment charges and lease termination costs.
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Kraft Foods Inc  shares rose on Friday after Warren Buffett's Berkshire Hathaway Inc   revealed it had taken an 8.6 percent stake, making it by far the foodmaker's largest shareholder.
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LOS ANGELES (CBS.MW) -- Krispy Kreme said Monday a former chief accountant for the Securities and Exchange Commission will be one of two new board members who will investigate accounting practices being reviewed by regulators.
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Shares of Krispy Kreme Doughnuts Inc., the favorite stock of growth investors after the collapse of the Internet bubble, fell as much as 17 percent after the company reported lower earnings
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Krispy Kreme Doughnuts Inc.'s board ousted its top executive yesterday and replaced him with a turnaround specialist who will try to save another company beset by allegations of corporate deceit.
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U.S. securities regulators have  ratcheted up their probe of Krispy Kreme Doughnuts Inc.  KKD.N, looking at how it repurchased some of its doughnut  franchises, the company said on Friday.
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Krispy Kreme Doughnuts Inc.  on Tuesday named new top executives, retained a financial adviser and said it was taking other steps to address its current situation.
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Krispy Kreme Doughnuts Inc., whose  share price has collapsed as it faces a federal accounting  probe and shareholder lawsuits, on Tuesday replaced its  chairman and chief executive with a restructuring expert who  currently runs Enron Corp.
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NEW YORK - Krispy Kreme Doughnuts announced that the US Securities &amp; Exchange Commission notified it yesterday that it is investigating it, without specifying any further details.
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PeopleSoft Inc. PSFT.O on Friday  fired Chief Executive and President Craig Conway, citing a loss  of confidence, and the software company's shares jumped on  expectations that the move could pave the way for a deal with  hostile bidder Oracle Corp.
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Krispy Kreme Doughnuts Inc., whose  share price has collapsed as it faces a federal accounting  investigation and shareholder lawsuits, on Tuesday replaced its  chairman and chief executive with a restructuring expert who  currently runs Enron Corp.
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Shares of Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) fell more than 17 percent before the bell on Thursday after the doughnut chain posted sharply lower quarterly