Verisign to restate years of financials
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Stock options again The Verisign board has decided to restate more than four years worth of financial reports after an internal review found stock options may have made them unreliable.â¦
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VeriSign Inc. VRSN.O on  Wednesday reported a quarterly profit versus a year-ago loss,  driven by an investment gain and strong demand for its  authentication tools and services for the Internet and  telecommunications networks.
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Internet infrastructure vendor VeriSign Inc. today reported net income of $40.3 million for the third quarter of 2004, a reversal of the $31.3 million loss it posted in the same quarter one year earlier.
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The nation&#39;s accounting rulemaker decided yesterday that companies will have to begin deducting the value of stock options from their profits next year, reining
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Krispy Kreme Doughnuts Inc. KKD.N on  Tuesday said it would restate financial statements for its 2004  fiscal year due to errors in how it accounted for the  repurchase of franchises, which could reduce earnings more than  the company had previously forecast.
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Its valuation might be holding the stock back, but look at the company's track record.
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US mortgage company Fannie Mae should restate its earnings, a move that is likely to put a billion-dollar dent in its accounts, watchdogs have said.
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EVP loses his E BEA Systems will restate almost a decade's worth of earnings to the tune of nearly $400m thanks to misallocation of stock to employees.â¦
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BlackBerry maker Research In Motion   Ltd. RIMM.O announced on Thursday that its audit   committee would voluntarily review historical stock-option   grants to employees, and has determined that a restatement of   its financials might be required.
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Research in Motion Ltd., , maker of the Blackberry email device, said on Monday it would restate its financial statements for fiscal 2004, 2005 and 2006 and the first quarter of 2007, following a review of stock options grants.
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BlackBerry maker Research In Motion Ltd. said Monday it will restate its financial statements as far back as fiscal 2004 because of past stock option reporting errors and it anticipates a $250 million reduction in previous earnings. Chairman and co-CEO Jim Balsillie is stepping aside as chairman.
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VeriSign Inc. , an Internet security company, said on Thursday that Chief Financial Officer Dana Evan resigned and the company restated financial reports to account for $160.3 million in stock-based compensation.
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Freddie Mac FRE.N, the  second-largest U.S. home financing company, on Friday said that  it has restated its 2003 net income and set up a reserve for  legal-related expenses, according to an annual report.
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SunTrust Banks Inc., the seventh- largest US bank, said it will restate results for the first and second quarters of this year because the company incorrectly calculated loan losses.
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NEW YORK -- If you're having some regrets about how you've been handling your financial life, take heart: You can resolve to make a fresh start in the new year.
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Microchip maker Broadcom Corp.   on Friday said an internal review had uncovered  discrepancies in its accounting for stock options grants and  that it would restate earnings as far back as 2000.
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Decision follows speculation that response to last year's financial turbulence might cost a second term