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Re: Toshiba Slides After Disappointing With Another Delay

Art Post ·
Something really smells here, wonder if there is another accounting scandal and Toshiba is delaying to fix it
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Electronics for Imaging, Inc. Proposes Offering of $300 Million Convertible Senior Notes Due 2019

Art Post ·
NEWS – For Immediate Release Electronics for Imaging, Inc. Proposes Offering of $300 Million Convertible Senior Notes Due 2019 FREMONT, California -- September. 2, 2014 -- Electronics For Imaging, Inc. (Nasdaq:EFII) (the "Company") announced today that it intends to offer, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2019 (the "Notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under...
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Toshiba is the Sistine Chapel of corporate catastrophes

Art Post ·
Six months into its financial crisis, Toshiba is shaping up as the Sistine Chapel of corporate catastrophes: you have to lie on your back to appreciate its scale, and once you get your eye in, the beauty is mesmerising.It is also a picture that, to committed contrarians and true believers in corporate governance reform, whispers “buy Japan”. At the very least, Toshiba stands to give the Tokyo stock market a new note from which everything else will in future be tuned.Toshiba’s mess is...
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Toshiba to replace auditor PwC over differences: Nikkei

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Toshiba Corp ( 6502.T ) has decided to replace its auditor after less than a year as the troubled electronics conglomerate struggles to win its approval on full-year financial statement, the Nikkei business daily reported. Earlier this month, the company filed twice-delayed business results without an endorsement from auditor PricewaterhouseCoopers (PwC) Aarata, putting its listing on the Tokyo Stock Exchange in jeopardy. At a news conference announcing the third-quarter results on April 11,...
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Ricoh announcement of extraordinary losses in non-consolidated financial accounts

Art Post ·
Announcement of e xtraordinary losses in non-consolidated financial accounts Regarding "Announcement of the extraordinary losses in non-consolidated financial accounts," Ricoh made timely disclosure to Tokyo Stock Exchange. For details, please see the link below. Announcement of extraordinary losses in non-consolidated financial accounts(2pages/41KB)
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Toshiba Slides After Disappointing With Another Delay

Art Post ·
Toshiba Corp. dived after delaying its earnings again, seeking to push the release of the December quarter results to April 11. Its the second time this year the company has been unable to finalize numbers as it grapples with the 712.5 billion yen ($6.2 billion) writedown of its nuclear power business. If the application to regulators for an extension is rejected, the company has an eight-day period until March 27 to submit earnings to the Tokyo Stock Exchange or face delisting.
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Color-Logic Certifies Ecofoil Digital Label Stock for Cut Sheet Printers

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Press Release For Immediate Release For more information, contact: Mark Geeves at 513-258-004 or mark@color-logic.com Color-Logic Certifies Ecofoil Digital Label Stock for Cut Sheet Printers West Chester, OH, USA; January 2023--Color-Logic has announced certification of Ecofoil Digital Label Stock for cut sheet printers, a fully recyclable and FSC certified label stock optimized for HP Indigo, Ricoh, and Xerox digital presses. Discussing the certification, Mark Geeves, Director of...
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Kyndryl Stock Soars After An Adjusted Profit Surprise

Art Post ·
An expected adjusted pre-tax profit this year and going forward led Kyndryl investors Monday to drive the company’s stock up more than 13 percent in after-hours trading. Kyndryl, the New York-based global IT infrastructure services provider spun out from IBM in November of 2021 , Monday reported its first fiscal quarter 2024 finances, a report that indicated the company has returned to profitability two years after the spin-out. Kyndryl, ranked No. 8 on CRN’s 2023 Solution Provider 500 , is...
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HP CEO dumps stock shares

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HP CEO dumps stock shares HP’s CEO, Enrique Lores, filed paperwork to sell off 38,000 shares in HP Inc. HP’s shares were trading for $25.75 apiece Warren Buffet’s Berkshire Hathaway announced it is selling off another 3 million share of HP
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