Krispy Kreme Is Target of Formal SEC Accounting Probe
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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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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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Krispy Kreme Doughnuts Inc.KKD.N on  Thursday reported a sharp drop in quarterly profit and signaled  that business may not recover any time soon, sending its shares  down more than 17 percent in pre-market trading.
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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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Krispy Kreme Doughnuts Inc.KKD.N on  Thursday reported a sharp drop in quarterly profit and signaled  that business may not recover anytime soon, sending its shares  down more than 17 percent in pre-market trading.
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Krispy Kreme Doughnuts today said it has been informed by the S.E.C. that the agency's investigation of the company has become a formal probe.
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The U.S. Securities and Exchange  Commission has launched an informal probe into the online  postings of Whole Foods Markets Inc. Chief Executive John  Mackey, the Wall Street Journal reported in its online edition  on Friday.
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Krispy Kreme Doughnuts Inc., the second-largest US doughnut maker, had a fiscal third- quarter loss of $3 million, or 5 cents a share, compared with net income of $14.5 million, or 23 cents, a year earlier.
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The Securities and Exchange Commission has escalated its investigation of Krispy Kreme to a formal inquiry. The troubled doughnut company made the announcement, but didn&#39;t specify the reasons for the investigation.
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WINSTON-SALEM, NC - The Securities and Exchange Commission has escalated its investigation of Krispy Kreme Doughnuts Inc. to a formal inquiry, the company announced Friday.
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Struggling doughnut shop chain Krispy Kreme Doughnuts Inc. Monday reported a quarterly net loss due to weaker-than-expected sales and charges for store closings, sending its stock down 18 percent to an all-time low.
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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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Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) on Monday reported a quarterly loss due to store closings and sluggish sales, sending its stock down 16 percent.
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RALEIGH, NC - Krispy Kreme said Friday that US stock market regulators have launched a formal investigation into the company, bumping up the status of what was originally an informal probe.
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WASHINGTON (CBS.MW) -- Krispy Kreme Doughnuts Inc. (KKD) posted a net loss of $3 million, or 5 cents per share, for the third quarter ended Oct. 31, reversing the retailer&#39;s year-earlier profit of $14.5 million, or 23 cents.
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Shares of Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) fell more than 17 percent before the bell on Thursday after the doughnut chain posted sharply lower quarterly
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U.S. securities regulators have  ratcheted up their probe of Krispy Kreme Doughnuts Inc.  KKD.N, looking at its franchise repurchases, the company said  on Friday, triggering a slide of nearly 12 percent in its stock  before the bell.