The U.S. Securities and Exchange Commission fined two companies for violations that resulted in improper reporting of quarterly earnings, the regulator's first enforcement actions under a program to detect such violations.
- The U.S. Securities and Exchange Commission fined two companies for violations that resulted in improper reporting of quarterly earnings, the regulator’s first enforcement actions under a program to detect such violations.
Monday’s actions result from the SEC’s EPS Initiative, which uses risk-based data analytics to uncover suspect accounting and disclosure practices that can enable companies to report earnings per share that appear consistent or please Wall Street. It said this caused Interface’s earnings per share to meet or exceed analyst forecasts, often when internal forecasts projected they would fall short.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Maybelline Is Donating $10 Million to Mental Health NonprofitsThe pledge is just one part of the brand's global mental health initiative, Maybelline Brave Together.
Weiterlesen »
Amazon’s Late Prime Day, Now in October, Set to Fuel Record End to YearAmazon.com said Prime Day will take place on Oct. 13 and 14, marking the second straight year the company has opted to extend the sales period to two days.
Weiterlesen »
A Rare October Harvest Moon Will Illuminate the Sky Next WeekIt’s the first of two full moons this month!
Weiterlesen »
What to Know About Tuesday’s Debate Between President Trump and Joe BidenPresident Trump’s unconventional political instincts will compete with Biden’s more traditional debate preparations, as the candidates meet each other for the first time on stage Tuesday
Weiterlesen »
Second stimulus check mired in Congress six months after Trump signed off firstA bipartisan split over the contents of a further relief package, which might include further direct payments, continues among lawmakers.
Weiterlesen »