Diamond Meals Swings to 1st-Quarter Loss on Charges Connected to Accounting

Diamond Foods Swings to 1st-Quarter Loss on Charges Related to Accounting
Diamond Foods Inc. (DMND) swung to fiscal first-quarter loss as the snack-food company was again hit by expenses related to the investigation of a walnut-accounting scandal and the restatement of its earnings. However, shares were up 2.1% at $ 14.25 in …
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Social Media Dominates Smartphone Internet Time, Accounting for Almost One
Social Media Dominates Smartphone Internet Time, Accounting for Almost One-Third of Minutes. New GfK analysis identifies key differences in online behavior by device, plus past-year trends. NEW YORK–(BUSINESS WIRE)–As consumers increasingly rely …
Read more on Business Wire (press release)

Auditors Finish Probe of Indiana Tax Accounting Errors
Auditors investigating Indiana's Department of Revenue are saying outdated technology and a work culture that sacrificed accuracy for speed led to $ 526 million in tax errors from the state. Auditors for the international accounting firm Deloitte also …
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