Audit Finds Hoy Overstated Circulation
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Tribune Co.'s TRB.N Hoy newspaper,  one of several U.S. papers caught up in a circulation scandal,  overstated circulation at its New York edition by more than 46  percent last year, an industry monitoring group said on  Tuesday.
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Monster Worldwide Inc.  said  on Wednesday it overstated profit from 1997 to 2005 by a total  of $271.9 million, a result of its investigation into  historical stock option grants and accounting.
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DAVID Radler, former chief operating officer of Hollinger International and right-hand man to Lord Black, has savaged the special report that claimed they had &#39;looted&#39; the publishing company of more than $400m (Â£223m.
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More than 70 percent of the newspapers measured by the Audit Bureau of Circulations lost circulation during the last six months, according the ABC FAS-FAX report released on Monday.
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A long-awaited audit, released by the high court of publishing, confirmed Newsday&#39;s admission that its circulation was heavily inflated and cut the size of its New York City edition.
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South Koreaâs financial regulator has found accounting irregularities worth Won1,980 billion ($1.7 billion) at Hynix Semiconductor, and has warned that the worldâs second largest memory chipmaker could be fined for the violations.
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LOS ANGELES An audit has concluded that a public relations firm overbilled the Los Angeles Department of Water and Power by more than four (m) million dollars.
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Inventory and accounts receivable growth are outpacing sales.
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Federal agencies have overstated federal contracting dollars going to small businesses by $2 billion in a single year, according to a report released yesterday by the Small Business Administration's Office of Advocacy.
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The work may have been subcontracted to another firm.
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Turnaround from record loss is not right around the corner.
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The Audit Bureau of Circulations released the long-awaited results of its audit of the Tribune Company&#39;s scandal-tarred Newsday on Tuesday, confirming the magnitude of the discrepancies uncovered by the company&#39;s recent internal audit.
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Business & money: Â· Scant detail 'designed to antagonise', says analystÂ· Debt suspected to have soared to Â£300m
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Circulation declined at most major US newspapers in the last half year, the latest blow for an industry already rocked by a scandal involving circulation misstatements that has undermined the confidence of investors and advertisers.
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Beware: Book value isn't as helpful a measure as it used to be.
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The Country Indexes table on the DataBank page last Sunday carried incorrect data from FTSE International for the performance of foreign stock markets.
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Dutch retail giant Ahold has reported a third-quarter net loss, as its results were impacted by exceptional costs and asset impairment charges.