SWN has reported $603.43 million in the sale for the fiscal quarter and Zack report. This provides the right analysts to have some issues with earning. On the other hand, it has the lowest sale estimate of $589.66 million and has the highest at $626. 64 million. This company has posted sales of up to $636.00 million at the time of the quarter and also suggested a negative year over the growth rate up to 5.1% and this company issue in the next earning report by Thursday, October 22nd. When you don’t have ideas over it, you are suggested to … Read More
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BEIJING (Reuters) – Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the U.S. Nasdaq exchange.
The Ministry of Finance, which began an investigation into Luckin Coffee (China) and Luckin Coffee (Beijing) in early May, found Luckin booked 2.25 billion yuan ($322.60 million) of sales through fake coupons from April 2019 to the end of last year, it said in a statement on its website on Friday.
It also found Luckin inflated sales by 2.12 billion yuan klik disini during the period, while costs were inflated by 1.2
Frankfurt am Main (AFP) – Germany’s finance and economy ministers will be grilled by lawmakers on Wednesday about the massive fraud scandal that brought down payments provider Wirecard, amid criticism that authorities failed to act on early warning signs.
Wirecard filed for insolvency last month after admitting that 1.9 billion euros ($2.2 billion) missing from its accounts did not exist.
Former CEO Markus Braun has been arrested on suspicion of falsifying accounts and market manipulation.
The Wirecard revelations have stunned Germany, drawing comparisons with the Enron accounting scandal in the United States almost two decades ago.
Germany’s parliamentary finance committee