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Financial Accounting

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Did you mean Financial Accounting Standards Board (65 results)

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BMW Says Hundreds of Staff Take Redundancy: FRANKFURT (Reuters) - BMW BMWG, the world's largest premium carmaker, said several hundred permanent staff had agreed to redundancy packages as it seeks to cut thousands of jobs to improve profitability. BMW also reaffirmed its forecasts for the full year, which ...; Tags: Sales strategy, Sales force management, BMW AG, Tokyo, automobile company, top executive, operating margin, sales, China, media, Thomson Reuters Corp., brand, marketing; News items 2008-05-08
In the UK, the CEO Path Runs Through Finance First: The Find: If you want to get to the top of a large UK company, stay away from a new-fangled interest in soft skills and stick to mastering finance. The Source: An analysis of the career paths of the CEOs atop the FTSE 100...; Tags: U.K., CEO, Financial Accounting, Professional Development, Finance, Career, Jessica Stillman; Blog posts 2008-05-15
Southern Cross Beats Forecasts: By Chris Wills LONDON (Reuters UK) - Care-home operator Southern Cross posted forecast-beating earnings on the back of a sharp rise in fees and welcomed government moves to overhaul care for the elderly. Southern Cross Health Care Group SCHE, which has around 37,000 beds in some...; Tags: Home, Southern Cross, Financial Accounting, Government, Finance, Oukbs, Prime Minister Gordon Brown; News items 2008-05-12
Fortescue Metals Vows to Stay Australian: Fortescue Metals Group Ltd has vowed to stay Australian-owned and to resist being taken over by a foreign entity amid rumours its Chinese offtake partner Baosteel planned to take a stake in the company.Fortescue chief executive, Andrew "Twiggy" Forrest - Australia's wealthiest person - made the comments as the...; Tags: Australian Associated Press Pty Ltd., Australian Competition And Consumer Commission, Rumour, Baosteel, Financial Accounting, Investment, Finance, AAP; News items 2008-05-15
HP Challenges IBM With $12.6 Billion EDS Deal: NEW YORK (Reuters) - Hewlett-Packard Co HPQ has struck a deal to buy Electronic Data Systems Corp EDS for $12.6 billion, seeking to boost its technology services business to better compete against market leader IBM IBM. The companies said the deal values EDS...; Tags: Mergers & Acquisitions, Corporate law, Marketing research, Electronic Data Systems Corp., Hewlett-Packard Co., Mark Hurd, skepticism, outsourcing company, IBM Corp., acquisition, Gartner Inc., IT-spending, Thomson Reuters Corp., IT services, analyst, market research, pro; News items 2008-05-13

Farm Production Expected to Surge: Farm production is expected to dramatically increase in the next financial year as the drought eases.Farm production was forecast to grow by 20 per cent in 2008/09, well up from estimates of two per cent growth in 2007/08, the budget papers for the upcoming financial year said.The government said...; Tags: Financial, Production, Financial Accounting, Government, Finance, AAP; News items 2008-05-13
Paulson Says Markets Emerging From Crunch: Report: NEW YORK (Reuters) - U.S. Treasury Secretary Henry Paulson said U.S. financial markets are emerging from the credit crunch that many economists believe has pushed the country to the brink of recession, according to The Wall Street Journal. "I do believe that the...; Tags: Financial accounting, brink, U.S. Department of Treasury, economist, secretary, mortgage-backed security, Balanced Scorecard, financial, New York, financial market, liquidity, Bush Administration, Thomson Reuters Corp.; News items 2008-05-06
George Soros Puts the Bite on Markets: George Soros knows financial markets -- it's how he got to be a billionaire. So when he starts pointing out fundamental flaws in today's markets and calls for reform, he's doing it from within the machine. Soros has a new book out, "The New Paradigm for Financial...; Tags: Mortgages, Financial accounting, Investment, Michael Fitzgerald, George Soros; Blog posts 2008-05-06
Insurer AIG Has $7.8 Bln Q1 Loss, to Raise Capital: By Lilla Zuill NEW YORK (Reuters) - American International Group Inc AIG, the world's largest insurer, posted its largest ever quarterly loss on Thursday after writing down assets linked to subprime mortgages, and said it would raise $12.5 billion to strengthen...; Tags: Asset management, Insurance, Financial services, Financial accounting, Financial Planning, American International Group Inc., quarterly loss, derivatives, insurance company, CFO, balance sheet, dividend, asset, mortgage, analyst, risk assessment, Thomson Reuters Corp., Ne; News items 2008-05-08
Sprint Faces Tough Questions at Annual Meeting: NEW YORK (Reuters UK) - Sprint Nextel S faced multiple questions about how it would turn the company around and stop customers from fleeing its cell phone service at its annual shareholder meeting, where voters only narrowly rejected one proposal that would have let them...; Tags: Shareholder, Sprint Communications, Financial Accounting, Finance, AT&T Corp., Sprint Nextel Corp., Verizon Communications Inc., Vodafone Group Plc.; News items 2008-05-13
AnnTaylor Shares Jump on Raised Forecast: By Martinne Geller NEW YORK (Reuters) - AnnTaylor Stores Corp ANN raised its first-quarter earnings forecast on Monday, citing lower inventories and improvement at its LOFT chain, sending shares of the women's clothing retailer up 11.5 percent. But the company expressed caution about...; Tags: Financial accounting, earnings forecast, earnings, women, same-store sales, Thomson Reuters Corp., New York, retail company, environment, analyst, sales; News items 2008-05-12
Fortescue Ready to Test Port Hedland: Fortescue Metals Group Ltd's first iron ore shipment could set sail from Port Hedland in Western Australia as soon as Monday night.This is one of potentially two 'test runs' before the company's official first commercial shipment of 170,000 tonnes begins being loaded on Thursday.While commissioning its port facilities, Fortescue...; Tags: Vessel, Financial Accounting, Finance, AAP; News items 2008-05-12
Ford Tells Shareholders Turnaround Gaining Traction: By David Bailey WILMINGTON, Delaware (Reuters) - Ford Motor Co's F turnaround has moved quicker than expected, Executive Chairman Bill Ford Jr. told shareholders at the automaker's annual meeting on Thursday, giving unqualified praise to Chief Executive Alan Mulally's leadership. The...; Tags: Manufacturing, UAW, automobile company, Ford Motor Co., restructuring plan, auto show, labor contract, negotiation, housing start, New York, housing market, CEO, president, benefit, Thomson Reuters Corp., bond, job, worker, sales, agreement; News items 2008-05-08
Fannie Mae Posts Another Loss: NEW YORK (Reuters UK) - Fannie Mae FNM, the largest provider of U.S. home financing, on Tuesday reported its third straight quarterly loss as the U.S. housing crisis took another turn for the worse during the first quarter of 2008. The federally chartered company also said...; Tags: Fannie Mae, Home Price, Mortgages, Financial Planning, Financial Accounting, Finance, Capital Structures, Freddie Mac; News items 2008-05-06
Bear Stearns Investors Drop Bid to Block Buyout: By Martha Graybow NEW YORK (Reuters) - Bear Stearns Cos Inc BSC shareholders suing over the planned JPMorgan Chase & Co. JPM takeover are dropping efforts to block the deal but will seek damages of at least $2.8 billion, an attorney for the...; Tags: Financial accounting, Bear Stearns & Co. Inc., J.P. Morgan Chase & Co., preliminary injunction, shareholder, attorney, New York Stock Exchange, lawsuit, New York, investor, lawyer, Thomson Reuters Corp., Balanced Scorecard, pension fund, litigation, stock, strategy; News items 2008-05-07
Carlsberg First-quarter Results Lag Forecasts: By Kim McLaughlin COPENHAGEN (Reuters UK) - Carlsberg CARLb posted first-quarter earnings below expectations on Wednesday, sending its shares lower, but the Danish brewer said it had gained some key market share. The world's fifth-biggest brewer reported earnings before interest and taxes EBIT of 388...; Tags: Crown, Brewer, Carlsberg, Carlsberg Share, Sales Strategy, Financial Accounting, Anheuser-Busch, Copenhagen; News items 2008-05-07
ILFC Considering Split-up From Insurer AIG: Report: NEW YORK (Reuters) - International Lease Finance Corp, a unit of American International Group AIG, is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter....; Tags: Insurance, Financial accounting, International Lease Finance Corp., insurance company, split, New York, quarterly loss, financial, leasing, aircraft, Thomson Reuters Corp., income, agency, shareholder, asset; News items 2008-05-11
ILFC Considering Split-up From Insurer AIG: NEW YORK (Reuters UK) - International Lease Finance, a unit of American International Group AIG, is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter. Officials at ILFC, a...; Tags: Financial, Insurance Company, ILFC, Insurance, Financial Accounting, Business Operations, Corporate Insurance, American International Group Inc.; News items 2008-05-11
CSR 2008 Net Profit Down 35% on 2007: Building products and sugar producer CSR Ltd has delivered net profit for the 2008 year down 35 per cent on the previous year, and says it could be 18 months before the full benefits are seen from internal improvements in the company.CSR posted net profit after significant items of...; Tags: Net Profit, Business, EBIT, Earnings, Glass Business, Financial Accounting, Finance, AAP; News items 2008-05-14
Pan Am Officially Loses Its Right to Fly: You're probably thinking to yourself, "Hmm, isn't this headline more than 15 years too late?" Sure, if you're talking about the original Pan Am. But the latest version, #4, if you will, has finally, officially, been put out of its misery. If you ever want to learn...; Tags: Financial, Financial Accounting, Finance, Brett Snyder; Blog posts 2008-05-09