Boston Business Opportunities

Wed Dec 14, 2011 12:16am EST * Prior-year restatements reveal $700 mln dent in net assets * Auditors sign offs on documents, but with qualifications * Ex-CEO Woodford appeals to shareholders in comeback bid * Shares pare losses after financial statements released By Tim Kelly and Linda Sieg TOKYO, Dec 14 (Reuters) – Japan’s scandal-ridden Olympus Corp restated some of its crooked accounts on Wednesday, revealing that a 13-year accounting fraud had put a dent in its balance sheet, but

ShareThis Email PDF Print Palo Alto, CA (PRWEB) December 13, 2011 Home Care Assistance, North America’s leading provider of in-home care for seniors, is proud to announce an innovative new business model in home care. In addition to its ongoing franchise expansion model, Home Care Assistance is committed to opening at least ten new company owned locations every year. “Our new growth strategy will allow us to double our current growth rate,” said Lily Sarafan, COO of Home Care Assistance.

Tweet Posted on December 13, 2011 MF Global Employee Says Corzine Knew Funds Were Taken From Customer Accounts During Senate Hearing, Terrence Duffy of the CME Group says that Corzine knew loans were made from customer accounts. During a conference call that occurred between the CME Group and MF Global participants were told Corzine was aware that funds from customer accounts were being used. (December 13, 2011) Terrence Duffy, Executive Chairman Of CME Group: “CFTC and CME staff and auditors

Olympus’ deadline for submitting revised financial statements on Wednesday poses a challenge not only to the scandal-hit Japanese camera-maker, but also to its external auditors – already under fire for failing to expose the company’s long-running scheme to hide losses. The uproar at Olympus, which has admitted secretly shifting more than Y100bn of investment-related losses off its books beginning in the 1990s, has hit a Japanese auditing industry that has spent years trying to shake off a reputation for looking

(Reuters) – Boeing Co bagged its first firm order for the new 737 MAX fuel-efficient, narrowbody plane, as part of a $19 billion deal with Southwest Airlines that the jet maker calls its largest order ever. The order for 208 narrowbody planes includes 150 MAX aircraft and puts Southwest, a loyal Boeing customer, first in …