earnings news from FierceSarbox
NewsCyber attacks a Sarbox issue?
We all are aware of the threat of a cyber attack. But is that threat really a Sarbanes-Oxley issue? One commentator at CSOonline.com raises the issue by pointing out a 10Q filed by Respironics, a Read more...
The mortgage mess and KPMG
We've noted that a damning report by an independent Justice Department had little good to say Read more...
Unintended consequences watch: Oil industry reserves
Here's another one of the unintended consequences of Sarbanes-Oxley: Arena Resources is among the many oil and gas companies that hires experts to estimate how much oil they have in reserves. But in Read more...
ALSO NOTED: Banks say no to Sarbox-like set of rules;
> Bank reform and IT issues. Article> Building a home-grown auditing system with SQL server. Read more...
Similarities between Bear Stearns and Enron?
The notion that Bear Stearns and Enron both were felled by panicked runs has been floating around recently. It's a tough issue. Enron's fall was preceded by massive fraud (according to the Lay and Read more...
Tough time to serve on an audit committee
We've noted that serving on an audit committee is not an easy gig right now, especially at a financial services firm. Auditors are feeling a certain amount of pressure to take a hard line on Read more...
Can iPod users blame Sarbox for rental woes?
There was something of tempest in the Apple universe when it became know that fifth-generation iPods won't work with the new iTunes video rental service. Users are none too pleased. The speculation Read more...
ALSO NOTED: In biotech, lots of pessimism about compliance; Sarbox can be an earnings driver;
> Rogue employee hit bank; are you protected from such employees? Article > XBRL and higher audit fees. Read more...
The costs of restatements
For large companies, financial restatements have become less of an issue. As companies have moved down the Sarbanes Oxley learning curve, they have reduced mistakes greatly. But the issue looks large Read more...
Does Sarbanes Oxley really inhibit small companies?
Sarbanes Oxley gets tossed around a lot as the reason for small-company woes. Anytime there's a delisting, you can bet "the additional costs of Sarbanes Oxley" gets ritualistically trotted out. But Read more...
| Press ReleasesBear Stearns Reports Third Quarter Financial ResultsThursday September 20, 8:28 am ET Equity Franchise Delivers Strong Quarterly Performance Institutional Equities Net Revenues Up 53% Record Global Clearing Net Revenues Up 30% Private Client Services Read more... Goldman Sachs Reports Third Quarter Earnings Per Common Share of $6.13Thursday September 20, 8:00 am ET Net Revenues Were $12.3 Billion, Second Highest Quarter NEW YORK--(BUSINESS WIRE)--The Goldman Sachs Group, Inc. (NYSE: GS - News) today reported net revenues of Read more... LEHMAN BROTHERS REPORTS THIRD QUARTER RESULTS For Immediate Release Media Contact: Hannah Burns 212-526-4064 Investor Contact: Shaun Butler 212-526-8381 - Reports Net Income of $887 Million and Net Revenues of $4.3 Billion - NEW YORK– Read more... |

