CA's Kumar Jailed Over Fraud
News Kumar is one of several former senior executives at the company, which was formerly known as Computer Associates, charged in connection with premature reporting of $2.2bn in software licensing revenue and the use of a fraudulent accounting scheme...
[November 3, 2006, 9:17]
Kumar Forced To Relinquish Golden Parachute
News The business software maker also reported in the financial statement that it would withhold payment to Kumar of a $1m bonus, along with other unspecified severance compensation, until after the federal government has finished its investigation...
[August 2, 2004, 14:50]
Apple Hits Earnings Target
News Excluding a $17m after-tax restructuring charge and a $2m after-tax accounting adjustment, Apple said it would have earned a profit of $11m, or 3 cents per share, in line with Wall Street estimates. The company saw revenue from PowerMacs dip by 16...
[January 16, 2003, 10:37]
ISoft Limps On After Posting Loss
News This latest loss comes on top of the £343.8m loss iSoft recently reported for the 2005-2006 financial year, after the company was forced to change its accounting practices. The future of iSoft remained in doubt on Monday after the struggling UK...
[December 11, 2006, 13:03]
