US Inc. floods SEC with CEO, CFO oaths
New York: The top brass of hundreds of America's biggest companies swore by
their financial results on Wednesday under a government order meant to
reassure investors, while a handful of energy companies came up short.
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Times up for US Inc on Securities And Exchange Certification
Washington: The deadline for chief executives officers and chief financial
officers of hundreds of large US corporations to swear by the accuracy of
their financial statements came and went on Wednesday.
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Treasury secy sees US recovery in '03
Washington: US treasury secretary Paul ONeill said on Wednesday the US
economy was set to exit 02 in good shape with inflation benign, but
exhorted executives to help revitalise corporate the economy by setting an
example of honesty and integrity.
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Bristol-Myers may restate results on overstocking
Washington: Bristol-Myers Squibb, laying out some contingencies in its
filing with the Securities and Exchange Commission, said it may be forced to
restate its sales and earnings because the company encouraged wholesalers to
buy too many drugs in past years, Thursdays Wall Street Journal reported.
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