Recent News Headlines : Generally Accepted Accounting Principles

CITIGROUP CFO SEES $20 BILLION HIT IF SENATE TAX BILL SIGNED


About 3 billion to 4 billion of the charge would come from the taxation of unremitted foreign earnings... READ MORE

6th December, 2017 148

AVIS BUDGET CUTS FORECASTS AS HURRICANES HARM MORE THAN HELP


Full-year earnings will be as much as 2.65 per share on revenue of up to 8.9 billion, the rental-car company said Monday... READ MORE

7th November, 2017 0

IRISH COMPANIES NEED GOVERNMENT HELP TO WEATHER BREXIT, BUSINESS BODY SAYS


Even in a best outcome scenario margins will be tighter in new markets and cash-flow needs will increase... READ MORE

1st October, 2017 0

CRACKS IN CHINA INCS ROSY EARNINGS REVEAL A PATCHIER PICTURE


But if exceptional items, largely foreign exchange gains, are excluded, results were 60 percent lower... READ MORE

11th September, 2017 58

HP ENTERPRISE REVENUE BEATS ON HIGHER DEMAND FOR NETWORKING DEVICES


Data center technology company Hewlett Packard Enterprise Co reported a better-than-expected quarterly revenue, helped by higher sales for its networking equipment... READ MORE

5th September, 2017 121

CIBC BOOSTS DIVIDEND AFTER POSTING THIRD-QUARTER NET INCOME OF $1.1B


The Chicago-based wealth management firm cost CIBC about 5 billion US in cash and stock when the deal closed in June... READ MORE

25th August, 2017 264

CRH SELLS U.S. DISTRIBUTION ARM TO BEACON ROOFING FOR $2.6 BILLION


CRH sells US distribution arm to Beacon Roofing for 26 billion... READ MORE

24th August, 2017 719

LOOKS LIKE HIRING MORE WOMEN BOSSES REALLY DOES PAY DIVIDENDS


That compares with 3.7 percent for the 25 percent which had the least women managers... READ MORE

24th August, 2017 1817

GM PROFIT FALLS 40%, BETTER THAN ANALYSTS EXPECTED


The company posted net income of 1.66 billion, compared with a record 2.87 billion a year ago... READ MORE

25th July, 2017 7

ALPHABET PROFIT SLUMPS ON RECORD $2.7B US FINE BY EUROPEAN UNION


Google's ad revenue, which accounts for a lion's share of its business, rose 18.4 per cent to 22.67 billion US... READ MORE

24th July, 2017 18

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