From left, Annie Sanchez waited with her daughters Ana Sofia, Alejandra and Christina in the arrivals area of Terminal 4 following their delayed flight to Miami at John F. Kennedy International Airport in New York on January 7. Photo: andrew Kelly …
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Updated lease accounting rules that take effect in December promise to keep finance and accounting executives busy this year. The new guidance from the Financial Accounting Standards Board requires that all leases with terms longer than 12 months be reported on a company's balance sheet.
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The former chief financial officer of Autonomy Corp. was found guilty of orchestrating an accounting fraud to arrive at the $10.3 billion price Hewlett-Packard Co. paid for the U.K. software maker more than six years ago. A jury voted to convict Sushovan Hussain Monday on all 16 counts of wire and
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Quarterly revenue fell 8% year over year to $2.282 billion — though that figure was impacted by recently adopted new accounting standards. Segment revenue climbed 11% year over year to $2.08 billion, including 5% organic growth. On the bottom line, that translated to adjusted (non-GAAP) net income
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Sara Forden, Bloomberg News corporate influence editor, discusses a stock slide for Sprint, which is suffering after an announcement that the wireless carrier will be acquired by T-Mobile in a $26.5 billion stock deal. Investors are concerned that the deal won't make it past antitrust regulators, who
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