EDS Delays 3Q Financial Results
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EDS said it continued to expect earnings, after special items, to be at the high end of the range between 5 cents and 10 cents per share.
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Troubled Navy contract spurs delay, and possible earnings hit.
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PLANO, Texas Electronic Data Systems today delayed releasing its third-quarter financial results -- until November third. The extra time will let auditors finish evaluating a money-losing contract to provide computer services to the Navy.
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Electronic Data Systems Corp. on Monday said it will delay reporting its third-quarter financial results until Nov. 3 to evaluate whether the company needs to impair assets related to its Navy Marine Corps intranet account.
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Company pushes back third beta program of database to early next year; says final product is on track for next summer.
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EDS officials delayed releasing the company&#39;s earnings report for the second time in two weeks pending completion of a previously announced evaluation of EDS&#39; Navy Marine Corps Intranet contract by an outside auditor and company officials.
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Delay in annual earnings report blamed on the extra paperwork needed to comply with tougher U.S. accounting rules.
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Computer Sciences Corp. has delayed filing its annual report with the U.S. Securities and Exchange Commission because it has found "significant" accounting errors over multiple years, the IT services provider announced Wednesday.
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Dell Inc. (NASDAQ: DELL) announced today that it is delaying the filing of the Form 10-Q for its fiscal second quarter ended August 4, 2006.    The company said it is unable to file because of questions raised in connection with the previously announced informal investigation by the U.S.
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SEPTEMBER 02, 2004 (REUTERS) - Nortel Networks Corp. said today it will again delay filing its financial results, predicting the reports for 2003 and the first half of 2004 won&#39;t be out until the end of October.
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Q3 inventory corrections put pressure on vendors to perform in Q4
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NEW YORK - Computer and server maker Dell Inc. said Thursday it is delaying the filing of its full third-quarter results as the company and regulators continue to investigate some of its accounting practices.
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Veritas DGC Inc. (VTS.N: Quote, Profile, Research) said on Wednesday it will delay its fourth quarter results after discovering that a $1.
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Office Depot Inc. on Monday delayed its third-quarter earnings report due to its audit committee's independent review of vendor program funds, a development that one analyst said raised questions about the nation's second-largest office supplies retailer's financial statements.
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Nortel Networks, one of the one of the worldâs biggest telecoms equipment makers, has again delayed filing its restated financial results, mainly because of revenue reporting issues, the company said Thursday.
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Symbol Technologies said today that it will delay filing its third-quarter results for two weeks, and it revised results for the first nine months of the year downward by $13.3 million because of errors in how inventory levels were reported.
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The telecommunications equipment maker, mired in accounting irregularities, has missed three self-imposed deadlines for correcting its financial reporting.