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BUSINESS BRIEFS.(TO THE POINT)
BUSINESS PRACTICES
Stewart broker asst. pleads guilty
Ex-Merrill Lynch assistant Douglas Faneuil pleaded guilty to a misdemeanor for taking a payment to keep quiet about alleged insider trading involving Martha Stewart. She sold nearly 4,000 ImClone shares one day before the biotech announced bad news and the stock tanked. Merrill fired her broker, Peter Bacanovic, and Faneuil.
SEC: Firms must explain pro forma
The regulator is preparing a rule to force companies that report "pro forma" results to explain how they differ from earnings that follow U.S. accounting standards, Bloomberg said. Pro forma numbers exclude certain costs like merger expenses and were often used by tech firms in the '90s to make results look more favorable.
RETAIL/CONSUMER
Hollywood video ups Q3 outlook
- Kirkland's Reports Fourth Quarter and Fiscal 2002 Results; * Fiscal 2002 Net...
- Press release article from: PR Newswire March 12, 2003 700+ words
...year. Comparable store sales for fiscal 2002...s comparable store sales increased 13.3% for fiscal 2001. Pro forma income before extraordinary...Kirkland's reported pro forma income of $0...of a comparable store sales increase of 18...
- Starbucks Reports Fourth Quarter and Fiscal 2000 Results; 35% Increase in Pro...
- Press release article from: Business Wire November 16, 2000 700+ words
...million. Comparable store sales increased 10 percent...ended October 3, 1999. Pro forma net earnings for the...million. Comparable store sales increased 9 percent as...period in fiscal 1999. Pro forma net earnings for fiscal...
- Dick's Sporting Goods Reports 4th Quarter Pro-Forma EPS Up 39% and Full Year...
- Press release article from: PR Newswire March 13, 2003 700+ words
...395.2 million. Comparable store sales increased 4.9%. As previously...0.06 per diluted share. Pro-forma net income for the fourth...to $19.1 million and pro-forma earnings per share increased...diluted share) compared to pro-forma net income of $13.0 million...
- Consolidated Stores Reports 1st Quarter Loss of 10 Cents Per Share, A 41...
- Press release article from: PR Newswire May 19, 1997 700+ words
...quarter. Comparable store sales for stores open two years...share, compared to a pro forma net loss from continuing...delivered double digit same store sales increases throughout...1 68.7 62.3 (a) Pro forma results reflecting acquisition...
- Movie Gallery Increases Range of Anticipated Second-Quarter Pro Forma Net...
- Press release article from: Business Wire July 10, 2002 700+ words
...24 per diluted share. Pro forma results exclude the income...quarter of fiscal 2002, pro forma results will also exclude...quarter of fiscal 2001, pro forma results exclude an extraordinary...an increase in same-store sales for the second quarter...
- Rubio's Reports 41% Increase in Q3 Pro Forma Net Income; Raises Full-Year...
- Press release article from: Business Wire October 31, 2002 700+ words
...Year-to-date comparable store sales increased 1.3% compared...The 1.2% comparable store sales growth marks the fourth consecutive...quarter of positive comparable store sales. The Company also announced pro forma net income of $1,002...
- WEST COAST ANNOUNCES PRO FORMA QUARTERLY EARNINGS INCREASE OF $.02 PER SHARE...
- Press release article from: PR Newswire June 24, 1996 700+ words
...game stocks. Pro forma same store sales increased by...1996. Same store sales for corporate...quarter (without pro forma effect for the...strong same store sales growth in our...said, "Our pro forma growth was attributable...
- West Coast Entertainment Posts Pro Forma 2Q Earnings of $.12 Per Share for...
- Press release article from: PR Newswire September 16, 1996 700+ words
...quarter ended July 31, 1995. Pro forma operating income rose 96% for...periods. The company reported pro forma revenue for the second quarter...for the same period in 1995. Pro forma same store sales (revenue) for the quarter ended...
- Paper Warehouse Files First 10Q -- Pro Forma Net Income In Line With...
- Press release article from: PR Newswire January 5, 1998 700+ words
...31, 1997. Stores open in the third quarter of fiscal 1996 had a 10.2 percent same-store sales increase for the third quarter of fiscal 1997. Pro forma net income for the three-month period ended October 31, 1997 was slightly better than...
- Florsheim announces improved second quarter pro forma operating results and...
- Press release article from: Business Wire August 1, 1996 700+ words
...and before any pro forma adjustments are...reported prior to any pro forma adjustments, as...1, 1995. Same store sales in the company...report improved pro forma operating results...Although same store sales results in the...