EDS postpones earnings release
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com [04-11-2004]. Electronic Data Systems has postponed the release of its third quarter 2004 earnings for the second time, as it continues to negotiate with its auditor KPMG over the value
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The company told the SEC it will delay filing an audited earnings report for the fourth consecutive quarter.
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Google's long-awaited initial stock sale, which appeared imminent today, has been delayed while the company awaits final approval of its paperwork by the S.E.C.
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Citing &quot;product performance&quot; issues, Microsoft Corp. on Thursday postponed the release of the next version of its Office business software suite.
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Electronic Data Systems Electronic Data Systems which had delayed its quarterly earnings several times, said on Monday it lost $153 million in its third quarter after taking a loss on a large Navy contract.
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Electronic Data Systems Corp. EDS.N,  the world's second-largest technology services provider, on  Monday posted a higher-than-expected quarterly profit thanks to  cost cutting, but revenue fell and it forecast 2005 earnings  would fall short of Wall Street estimates.
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As a result of an S.E.C. inquiry, Dell said it was delaying the release of its third-quarter financial results until the end of the month.
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MANHASSET, NY - Nortel Networks Corp. announced Wednesday (Oct. 27) that it will postpone releasing its third-quarter 2004 earnings until December, as the network infrastructure company continues to work
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AUGUST 26, 2004  - As expected, the US Securities and Exchange Commission today announced that it will delay an accelerated filing period for annual reports -- a move expected to help big companies transition more easily to year-end
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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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EDS (Electronic Data Systems) warned yesterday that its third quarter earnings would take a significant hit from US Airways&#39; Chapter 11 filing on Sunday.
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Apple Computer has delayed filing its financial statements for a second time and said it will restate earnings to account for backdated stock-option grants.
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NEW YORK -- Apple Computer Inc. said Friday it has delayed filing its annual report with the Securities and Exchange Commission due to its ongoing investigation into stock option grants.
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The Nasdaq exchange will halt trade in NEC Corp  ADRs from September 27, after the Japanese electronics group missed a twice-extended deadline to file an auditor-approved earnings report, NEC said on Wednesday.
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Dell said Thursday it would delay filing its quarterly report with securities regulators because of investigations into accounting practices.
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A continuing review of its troubled Navy/Marine Corps Intranet contract forced embattled services provider EDS to again delay its third-quarter financial report.
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(InfoWorld) - Dell is in the final phases of an internal audit of its finances, the company said Thursday as it told the U.S. Securities and Exchange Commission it will delay filing an audited earnings report for the fourth consecutive quarter. The company began the audit in an effort to comply with accounting investigations by the SEC and theÂ U.S. Attorney for the Southern District of New York. Although the investigations have not yet led to a conclusion, Dell has already felt the impact on its bottom line -- the company spent $46 million on the investigation during the latest quarter alone. Dell is also staving off a threat by the Nasdaq stock exchange to delist its stock as punishment for failing to file official quarterly reports, called Forms 10-Qs, for the second, third, and fourth quarters of fiscal 2007, and now the first quarter of fiscal 2008. At the same time,Â Dell has been struggling in the marketplace. On May 31, the company announced a plan toÂ lay off 10 percent of its 88,100 workers, in a continuing search for richer profits. The company earned $759 million for the first quarter compared to $762 million in the same quarter last year. However, those numbers are subject to change if Dell management decides to restate its earnings, the company warned in the SEC filing. The company's audit committee stated in March that it hadÂ found evidence of misconductÂ and accounting errors, and now says it is reviewing each of those errors and proposing corrections. The committee will then decide whether to restate earnings. Dell management will also determine whether there is "a material weakness in the company's internal controls over financal reporting" and whether its "disclosure controls and procedures are not effective," the filing said. A company spokeswoman declined to give further details on the audit committee's progress, saying that the latest SEC report is just a formal confirmation of Dell's warning in May that its first-quarter results were only preliminary.