After a quick boost, share prices tend to drop over the longer term for companies that quantify strong results in earnings-release headlines.
The SEC says Adam Derbyshire failed to disclose high wholesaler inventory levels of Salix's drugs resulting from its practice of overselling demand.
U.S. authorities say the Brazilian energy giant padded its financial statements to conceal the payment of kickbacks to company executives by…
Edward DiMaria argued the fraud amounted to only an “incremental smoothing of earnings” but prosecutors said he "blatantly manipulated" Bankrate's…
The SEC says the companies included financial statements in reports that had not been reviewed by an independent external auditor.
The company and its ex-CEO James Atchison allegedly misled investors about the documentary's negative impact on its business and reputation.
PwC offers a primer for the many companies that aren't yet far along in their implementation process for the new lease accounting standard.
“I'd like to see twice [a year]," he says after announcing he has asked the SEC to study changing the quarterly reporting requirement.
Research yields first-of-its-kind evidence that greater reporting frequency begets corporate myopia.