Symbol announces possible restatement; shares slip
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Symbol Technologies Inc. shares fell more than 5 percent Monday morning after the company said it may restate its 2004 financial reports because of errors.
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Specialty retailer Conn's Inc.  on  Friday said it may need to restate its results for prior years  and the first quarter after finding that it may have  understated its interest in securitized assets by as much as  $15 million.
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Shares of the world&#39;s largest retailer are likely to come under pressure later Monday, after the company threw a shadow over preliminary holiday retail data when it cut its estimates on Saturday.
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By Mark Harrington And James Bernst, Newsday, Melville, N.Y.  Sep. 19--Shares of Symbol Technologies Inc. rose more than 15 percent  yesterday, as some speculated the Holtsville mobile computer and bar-code  scanner giant was closing in on finding a possible suitor.
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Shares in Siemens have been lower on the stock exchange after the German engineering giant was forced to restate its full-year earnings to take into account charges connected with the alleged slush fund and embezzlement scandal at the company.
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WASHINGTON (CBS.MW) -- Shares of Freddie Mac fell Friday as the market digested news about the mortgage company&#39;s earnings, which were restated lower for 2003.
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Business & money: Northern Rock's share price is expected to suffer a further slide as the prospect of a bid ebbed away.
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The "tentative" status may be making investors jittery.
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Brokerage announces weaker-than-expected results dragged lower by a writedown in the value of some of its assets.
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NEW YORK - Investors on Thursday will weigh the sharp retraction in stocks the day before as well as fears that the corporate profit picture is deteriorating.    Dow Jones futures fell 4 points recently, while Nasdaq futures were down 3 points and S&P futures dropped 0.20 points...
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Business & money: Index shows 0.5% slip this month, 4.8% rise for year Nationwide predicts prices will be static in 2008
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European shares tracked sideways near recent highs early on Thursday, but Swiss Re rallied after reassuring investors that its likely payout for Sunday's tsunami tragedy in Asia will be less than 100 million Swiss francs (&#36;88.3 million).
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Motorola Inc.&#39;s shares bounced back Monday after falling sharply at the end of last week amid conflicting views on how the telecommunications equipment supplier would fare if Sprint Corp.
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BEA Systems said Monday that it would restate results to reflect expenses associated with misdated stock option grants.
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Japanese shares will probably move in a narrow range in a week shortened by public holidays, but could dip below the 11,000 level as earnings disappointment saps Wall Street's momentum and as concern lingers over the global economic outlook.
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Chip maker Tripath Technology Inc. on Friday said its third-quarter loss will be wider than expected on lower revenue due to an inventory charge, and said it may restate revenue for the second quarter.
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EDS (EDS:NYSE - news - research) shares slipped Thursday after the company warned that an airline industry bankruptcy could take a big chunk out of earnings.