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  • AP Top Extended Financial Headlines At 1:10 p.m. EDT Monday, 22 Sep 2014 | 1:10 PM ET

    US existing home sales drop 1.8 percent in August; slowdown in investors buying homes Apple says it sold 10 million new iPhone 6, 6 Plus models in first weekend after launch US stocks decline amid jitters over China; Energy stocks slide GM expert says 21 deaths in ignition switch crashes are eligible for compensation Siemens to acquire oilfield equipment maker Dresser-Rand for $7.6 billion German pharmaceutical company Merck to buy St Louis-based maker of chemicals for $17 billion Philadelphia Fed President Plosser, a leading' hawk,' will retire in March Retailer Tesco suspends 4 execs, launches accounting investigation over inflated profit report AutoZone beats 4 Q earnings expectations, but misses revenue forecasts; shares fall In pitch to small businesses, UPS says it will put 3- D printers in nearly 100 more stores

  • AP Top Extended Financial Headlines At 1:07 p.m. EDT Monday, 22 Sep 2014 | 1:07 PM ET

    US existing home sales drop 1.8 percent in August; slowdown in investors buying homes Apple says it sold 10 million new iPhone 6, 6 Plus models in first weekend after launch US stocks decline amid jitters over China; Energy stocks slide GM expert says 21 deaths in ignition switch crashes are eligible for compensation Siemens to acquire oilfield equipment maker Dresser-Rand for $7.6 billion German pharmaceutical company Merck to buy St Louis-based maker of chemicals for $17 billion Philadelphia Fed President Plosser, a leading' hawk,' will retire in March Retailer Tesco suspends 4 execs, launches accounting investigation over inflated profit report AutoZone beats 4 Q earnings expectations, but misses revenue forecasts; shares fall In pitch to small businesses, UPS says it will put 3- D printers in nearly 100 more stores

  • AP Top Extended Financial Headlines At 9:27 a.m. EDT Monday, 22 Sep 2014 | 9:27 AM ET

    Apple says it sold 10 million new iPhone 6, 6 Plus models in first weekend after launch German pharmaceutical company Merck to buy St Louis-based maker of chemicals for $17 billion Siemens to acquire oilfield equipment maker Dresser-Rand for $7.6 billion Jitters over China and profit warning from Tesco weigh on stock markets, silver falls again Tesco suspends 4 execs, launches accounting investigation over inflated profit report US owner of China meat supplier at center of food safety scandal lays off 340 employees TTM Technologies to buy rival circuit board maker Viasystems for about $368 M in cash and stock US home sales pace likely fell in August from previous month Auxilium Pharmaceuticals board rejects $1.4 B takeover offer from Endo International AutoZone beats 4 Q earnings expectations, misses revenue forecasts

  • AP Top Extended Financial Headlines At 9:20 a.m. EDT Monday, 22 Sep 2014 | 9:20 AM ET

    Apple says it sold 10 million new iPhone 6, 6 Plus models in first weekend after launch German pharmaceutical company Merck to buy St Louis-based maker of chemicals for $17 billion Siemens to acquire oilfield equipment maker Dresser-Rand for $7.6 billion Jitters over China and profit warning from Tesco weigh on stock markets, silver falls again Tesco suspends 4 execs, launches accounting investigation over inflated profit report US owner of China meat supplier at center of food safety scandal lays off 340 employees TTM Technologies to buy rival circuit board maker Viasystems for about $368 M in cash and stock US home sales pace likely fell in August from previous month Auxilium Pharmaceuticals board rejects $1.4 B takeover offer from Endo International AutoZone beats 4 Q earnings expectations, misses revenue forecasts

  • AP Top Extended Financial Headlines At 9:16 a.m. EDT Monday, 22 Sep 2014 | 9:16 AM ET

    Apple says it sold 10 million new iPhone 6, 6 Plus models in first weekend after launch German pharmaceutical company Merck to buy St Louis-based maker of chemicals for $17 billion Siemens to acquire oilfield equipment maker Dresser-Rand for $7.6 billion Jitters over China and profit warning from Tesco weigh on stock markets, silver falls again Tesco suspends 4 execs, launches accounting investigation over inflated profit report US owner of China meat supplier at center of food safety scandal lays off 340 employees TTM Technologies to buy rival circuit board maker Viasystems for about $368 M in cash and stock US home sales pace likely fell in August from previous month Auxilium Pharmaceuticals board rejects $1.4 B takeover offer from Endo International AutoZone beats 4 Q earnings expectations, misses revenue forecasts

  • LONDON, Sept 22- Tesco cut its profit forecast for the third time this year on Monday after finding a fault in its accounts, the latest blow of several to the reputation of Britain's biggest grocer.

  • Tesco suspends execs over inflated profit report Monday, 22 Sep 2014 | 4:34 AM ET

    LONDON— Tesco, the world's second-largest supermarket chain after Walmart, has suspended four executives and launched an accounting investigation after admitting that its half-year profit was overstated by 250 million pounds.

  • UPDATE 1-Penn West says revamping accounting practices Thursday, 18 Sep 2014 | 9:40 AM ET

    Sept 18- Canadian oil producer Penn West Petroleum Ltd said it was strengthening its accounting practices after a review uncovered irregularities that forced to company to restate some of its prior results.

  • Penn West may have to review results since 2007 Thursday, 18 Sep 2014 | 8:23 AM ET

    Sept 18- Canadian oil producer Penn West Petroleum Ltd, under fire after it uncovered accounting irregularities in July, said its audit committee determined that the company needs to review results going back to 2007..

  • According to the SEC, AgFeed's Chinese management kept two sets of books- a real one and a fake one to present to investors. The case has garnered some attention because the SEC also charged the company's former U.S.-based independent audit committee chairman, a rare move by the agency.

  • EY: Making progress on US-China audit spat     Wednesday, 10 Sep 2014 | 9:45 PM ET

    Mark Weinberger, Global Chairman of EY, explains why he's hopeful for a resolution in the audit dispute between the U.S. and China.

  • NEW YORK, Sept 10- Accounting firms PricewaterhouseCoopers and Crowe Horwath must face a lawsuit accusing them of professional malpractice and breach of contract for not catching a fraud that led to the 2009 collapse of Colonial Bank, a federal judge has ruled.

  • *Anonymous Analytics accused Tianhe Chemicals of false accounting. SHANGHAI, Sept 10- The cost of borrowing shares in China's Tianhe Chemicals has risen since an equities research house alleged last week that the company cooked its books, suggesting the report was gaining traction with investors.

  • PwC must face $1 bln lawsuit over MF Global advice Wednesday, 27 Aug 2014 | 1:59 PM ET

    NEW YORK, Aug 27- A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.

  • Aug 15- Chinese mobile-security software maker NQ Mobile Inc's Chief Financial Officer KB Teo resigned, citing family reasons, amid a buyout offer and a delay in filing its annual report. NQ Mobile said Teo's resignation, effective Aug. 22, was not related to the company's operations, policies or accounting practices.

  • Aug 15- Deloitte LLP's Chief Executive Officer Joe Echevarria plans to retire later this month to follow his interest in public service, the accounting and consulting firm said on Friday. Deloitte LLP is the member firm of Deloitte Touche Tohmatsu Limited, a UK private company. Subsidiaries of Deloitte LLP include audit firm Deloitte& Touche LLP.

  • UPDATE 1-NQ Mobile CFO resigns, cites family reasons Friday, 15 Aug 2014 | 11:49 AM ET

    Aug 15- Chinese mobile-security software maker NQ Mobile Inc's Chief Financial Officer KB Teo resigned, citing family reasons, amid a buyout offer and a delay in filing its annual report. NQ Mobile said Teo's resignation, effective Aug. 22, was not related to the company's operations, policies or accounting practices.

  • NQ Mobile CFO resigns, cites family reasons Friday, 15 Aug 2014 | 8:04 AM ET

    Aug 15- Chinese mobile-security software maker NQ Mobile Inc said Chief Financial Officer KB Teo resigned for family reasons, sending its shares down 33 percent in premarket trading. NQ Mobile said Teo's resignation, effective Aug. 22, was not related to the company's operations, policies or accounting practices.

  • Alibaba Pictures, a film and TV production unit of Alibaba Group, said it had found possible irregular accounting ahead of the group's IPO. CNBC's Eunice Yoon reports.

  • HONG KONG, Aug 15- Alibaba Pictures Group Ltd, the recently formed film and TV unit of Alibaba Group, said on Friday it had found possible accounting irregularities and asked for its Hong Kong- listed shares to be suspended until further notice.