Brief: Netopia to restate results
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SEPTEMBER 16, 2004 (REUTERS) - Netopia Inc. a maker of networking gear, today announced that its auditor, KPMG LLP, had resigned and that it will restate two years of results and revise the results in its most recent fiscal quarter.
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The mixed results in its latest earnings report may get lost in the wording.
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By Kathryn Balint, The San Diego Union-Tribune  Sep. 15--Applied Micro Circuits said yesterday it will restate earnings  as far back as 1998 after an internal review concluded that different  measurement dates should have been used to compute some of the company's stock  option grants.
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SINGAPORE, Sept. 8 /Xinhua-PRNewswire-FirstCall/ -- The Board of Directors of Pacific Internet Limited ("PacNet") wishes to announce that PacNet has today received a notice of requisition from Vantage Corporation Limited (the "Requisition").
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It may be a while before these companies deserve another look.
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Plus: Alcatel outlook weak...Cisco profit climbs...Time Warner lowers earnings target...Electronic Arts lowers outlook, shares fall.
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Plus:  EarthLink trims outlook...AT&#38;T posts $7.1 billion loss...Lucent sees first profitable year since 2000...EMC issues sunny report.
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Few net users get the top speed promised by their net provider finds a study of average browsing speeds.
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Plus: Take-Two loss shrinks, but outlook falls short...Adobe profit up 21 percent...Dell income up 27 percent.
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Also: Distortion-free lens tech puts things in a negative light. Read these stories and more from around the Web on News.com Extra.
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BEA Systems said Monday that it would restate results to reflect expenses associated with misdated stock option grants.
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Boston Communications Group Inc.   BCGI.O, which sells billing systems to mobile phone   companies, said on Thursday it would restate certain past   financial results to reflect charges for stock-based   compensation costs.
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Google buys a mapquest of its own. Also: Sharp takes us to the future of television in 3-D & hellip;.  PayPal finds a way to make amends for mistakes & hellip;. and more.
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Chairman dethroned Research in Motion will restate three years of earnings following an internal stock options probe, the company said today. The aggregate effect of the revisions will lop $250m off RIM's historic earnings.â¦
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roundup Plus: CA adds utility-like mainframe pricing, expects...Salesforce.com reports subscriber surge...RealNetworks signs up Red Flag Linux.
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THE REGION Sapient Corp. said it will restate some financial results because of findings from an investigation related to the technology consultant's granting of stock options. The Cambridge company is also delaying third-quarter results because of the probe into the options, which were granted primarily between 1996 and 2001. Sapient, which hasn't determined the impact on the financial results, found ...
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To address confusion created by ZenithOptmedia's two-pronged marketplace approach, Optimedia has just unveiled a plan to redefine its position in the U.S. with a focus on strategic planning.