Word: underlying
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Dates: during 2000-2009
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Public companies record two types of earnings, one to the SEC and one to the IRS. It is perfectly legal for these numbers not to match, and often they don't. In 2008, retailer Macy's lost just under $5 billion, but only $33 million of that qualified as a...
The new German Economy Minister, Rainer Brüderle, summed up the mood as he arrived at a cabinet meeting in Berlin on Wednesday: "The behavior of General Motors toward Germany is totally unacceptable. We won't let GM put us under any pressure." But at this point, can the...
Franz said two Opel factories in Germany and one in Belgium are now threatened with closure under GM's new restructuring plan. In the negotiations with Magna, the unions had won promises from the company that all four Opel factories in Germany would remain open, despite the fact that it...
Days after ousted Honduran President Manuel Zelaya and interim leader Roberto Micheletti signed a U.S.-brokered accord on Oct. 30, resolution of their long-running standoff was delayed again. Under the deal, the Honduran congress must decide whether to reinstate Zelaya for the remainder of his term; a legislative committee...
Prosecutors also alleged that the Italian authorities cooperated with the CIA. But the Italian government denies any involvement in the rendition program. Nevertheless, Nasr had been under scrutiny by Italian investigators, who suspected him of recruiting for the insurgency in Iraq. (See Silvio Berlusconi's worst gaffes.)