SEOUL (Reuters) – Shares in Samsung BioLogics Co Ltd (207940.KS) tumbled nearly 20 percent on Wednesday, losing almost $6 billion in value in their biggest daily intra-day fall, after South Korea's financial watchdog provisionally decided it had breached an accounting rule. The Financial
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Apple Inc.'s fortunes are still tethered to a single slow-growing product, fellow Gadfly columnist Shira Ovide wrote after the iPhone maker's March earnings report Tuesday. Suppliers are cheering. What's even better news than sales surpassing expectations is the fact Cupertino is putting more into the
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The FSS said its year-long special investigation led to the conclusion that the company had breached accounting rules, accusing it and auditors of … corporate valuation based on market value instead of acquisition value, but the activist group argued such a change had violated accounting rules.
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Facebook Inc. Chief Executive Officer Mark Zuckerberg has been asked — again — to appear before British lawmakers, or risk a formal summons. If he refuses that, Parliament could demand Zuckerberg spend the night in the clock tower. The penalties for holding Parliament in contempt vary. Technically
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Deputies arrested a Palm Beach County bookkeeper Saturday on accusations of stealing money from her employer to pay for a new vehicle. Erma Rios, 26, of suburban West Palm Beach, wrote and signed company checks to purchase a Land Rover from a dealership, according to a Palm Beach County
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