EDS Delays Filing Third-Quarter Report
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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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Computer and server maker Dell Inc. said Thursday it is delaying the filing of its full third-quarter results as it continues to investigate some of its accounting practices.
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OTTAWA - Nortel Networks has announced that it&#39;s once again delaying the release of financial reports. The company is currently reviewing its accounting for the past four years.
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EDS, which initially delayed its earnings release on 25 October, said the latest delay comes because it and auditor KPMG need time to finish assessing &quot;the timing and amount of the (charge)&quot;.
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Nortel Networks Corp. (NT.TO: Quote, Profile, Research) said on Thursday it will again delay filing results, predicting it will not release reports for 2003 and the first half of 2004 until the end of October.
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In a filing with the Securities and Exchange Commission (SEC) on Friday, Apple said that it was unable to meet the December 14 deadline for filing its annual report. The company cited its ongoing investigation into stock options grants as the reason and said that it would need to restate its historical financial statements.
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Tommy Hilfiger Corp. Wednesday said it would delay the filing of its quarterly report while it reviews issues related to a government investigation.
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SAN JOSE, Calif. _ In a filing with the Securities and Exchange Commission, Apple Computer said Friday it will delay its annual 10-K financial report by more than two weeks while it reviews the findings of its investigation into stock option grants.
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Electronic Data Systems Corp. EDS.N,  the world's second-largest technology services provider, on  Monday said it has postponed its earnings announcement until  Nov. 3 to evaluate a possible assets impairment of its  problematic Navy contract.
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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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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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Electronic Data Systems , the worldâs No. 2 technology services firm, on Tuesday said it plans to seek a filing extension for its twice-delayed quarterly report from the US Securities and Exchange Commission.
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Office Depot Inc , the world's second-largest office supplies retailer, said on Monday it would delay its third-quarter earnings release due to an independent review of its vendor program funds.
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Apple Computer Inc. , which  is undergoing an independent investigation into its historical  stock option practices, filed with the U.S. Securities and  Exchange Commission on Friday to delay its 10-K annual report  filing.
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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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(InfoWorld) - 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. CSC, based in El Segundo, California, has uncovered mistakes in its accounting for tax liabilities in fiscal years 2000 through 2006, which is causing it to delay filing its 2007 10-K report, the company said. Correcting these errors will result in a cumulative charge estimated to be between $300 million and $400 million through March 31, 2006. That charge is unrelated to a previously disclosed one of about $60 million related to a stock option investigation. CSC will restate results for the periods affected by the accounting errors when it files its 10-K for the fiscal year ended March 30, 2007, which it expects to do on or before June 13 of this year. Signs of possible accounting irregularities at CSC surfaced last Tuesday. That day, the company was supposed to announce its 2007 fourth-quarter and year-end results. Instead, CSC said it was delaying reporting the results because it needed additional time "to finalize the accounting for income taxes related to certain prior-period transactions." CSC is one of the world's largest IT services providers with about 77,000 employees and revenue of $14.6 billion in fiscal year 2006. The company is considered a particularly strong provider of IT services to government agencies.
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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