Nortel again delays earnings restatements
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Nortel Networks has again delayed posting its long-awaited restated financial results, moving its target release date to mid-November.
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Nortel Networks said today that it will begin releasing restated and delayed financial results dating back to 2001 next week after a nine-month delay.
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SunTrust Banks Inc. said Monday it expects to restate earnings higher for the first and second quarters of 2004 due to an error in entering the data used to calculate loan loss allowances, and plans to delay
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Sony Corp. said on Wednesday it would  delay its annual earnings report by a few weeks as it grapples  with the extra paperwork needed to comply with tougher U.S.  accounting rules.
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Progress Software said yesterday that it would restate previous financial results because of errors in stock-based compensation.
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Electronic Data Systems Corp. , the world&#39;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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Nortel Networks Corp. (NT.TO: Quote, Profile, Research) , one of the world&#39;s biggest telecoms equipment makers, has again delayed filing its restated financial results, mainly because
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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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Electronic Data Systems Corp., the world&#39;s second-largest seller of computer services, delayed the release of third-quarter earnings while it reviews the value of a contract with the US Navy.
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Nortel Networks Corp. NT.TO, one of  the world's largest makers of telecoms equipment, said on  Wednesday it would miss by about two weeks its end of October  deadline to release long-awaited restated financial results.
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Nortel Networks, one of the one of the worldâs biggest telecoms equipment makers, has again delayed filing its restated financial results, mainly because of revenue reporting issues, the company said Thursday.
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TORONTO (CP) - Nortel Networks stock fell to its lowest price in more than a year Wednesday after the troubled telecommunications equipment maker again delayed its much-anticipated financial restatements, this time until mid-November.
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The company told the SEC it will delay filing an audited earnings report for the fourth consecutive quarter.
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Electronic Data Systems Corp., a provider of outsourced computer services, said Wednesday that it is further delaying the release of its third-quarter earnings pending a review of charges related to its Navy Marine Corps Intranet account.
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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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Nortel Networks Corp. investors predicted Tuesday the telecom equipment giant will again slash jobs when it reports long-overdue results this week, and shrugged off news of another criminal probe into its high-profile accounting woes.
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Nortel Networks Corp. NT.TO delivered  long-awaited preliminary results for the first half of 2004 on  Thursday that showed estimated first and second quarter  earnings between nil and 1 cent per share, and North America's  biggest telecom equipment supplier said it would cut about  3,500 jobs.