SEC Inquiry Weighs On Krispy Kreme
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Standard &amp; Poor&#39;s Equity Research maintained its &quot;hold&quot; rating for Krispy Kreme Doughnuts (nyse: KKD - news - people ) after the doughnut chain reported lower-than-expected third-quarter earnings.
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Struggling doughnut shop chain Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) on Monday reported a quarterly net loss because of impairment charges and store closing costs.
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Krispy Kreme Doughnuts Inc. 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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RALEIGH, NC Dec 16, 2004 - Krispy Kreme Doughnuts Inc. missed another deadline Wednesday for a regular quarterly filing with the US Securities and Exchange Commission, the company announced.
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Krispy Kreme Doughnuts said yesterday that the Securities and Exchange Commission had upgraded its inquiry of the company&#39;s financial reporting practices into a formal investigation.
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WINSTON-SALEM, N.C. -- Krispy Kreme Doughnuts Inc.'s John Tate quit as chief operating officer amid a government probe of the chain's accounting and earnings forecasts.
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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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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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Struggling doughnut shop chain Krispy  Kreme Doughnuts Inc. KKD.N on Monday reported a quarterly net  loss because of impairment charges and store closing costs.
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Krispy Kreme Doughnuts Inc. said Friday it has been informed by the Securities and Exchange Commission that the agency&#39;s investigation of the company has become a formal probe.
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Krispy Kreme Doughnuts Inc. KKD.N   said on Tuesday that it is unable to file a timely quarterly   report with the U.S. Securities and Exchange Commission for the   quarter ended July 30, 2006.
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Stocks to watch: KRISPY KREME DOUGHNUTS INC.
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Shares of Krispy Kreme Doughnuts Inc.  KKD.N fell 8.8 percent before the bell on Tuesday after news  wires reported that papers filed in a shareholder lawsuit  accused the company of hiding declining sales for more than a  year before reporting its first quarterly loss.
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Krispy Kreme Doughnuts Inc. KKD.N on  Tuesday replaced its chief executive with a turnaround expert,  sparking a rebound in its shares which had been battered by a  long-running government probe into faulty accounting.
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Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) said on Thursday a law firm found no intentional misconduct by the doughnut shop chain regarding
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Krispy Kreme Doughnuts Inc. said the US Securities and Exchange Commission opened a formal investigation of the company&#39;s accounting practices.
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Shares of Krispy Kreme Doughnuts Inc.  KKD.N fell 11 percent before the bell on Monday after the  struggling doughnut shop chain reported a quarterly net loss  because of impairment charges and store closing costs.