*Risks overlooked at multinationals in China, experts say. NEW YORK/ HONG KONG, Feb 10- Tales of shady business practices abound in China- fake revenues, phony invoices, sham factories- but until recently, the problem seemed confined mostly to Chinese companies.
*Profit of 44 cents per share exceeds Wall Street view by 1 cent. Jan 30- Home security services company ADT Corp, formerly a part of Tyco, reported a higher quarterly profit on Wednesday. The company said net earnings had risen 12.9 percent to $105 million, or 44 cents per share, in the first quarter ended on Dec. 28 from $93 million, or 39 cents per share, a year earlier.
Jan 30- Home security services company ADT Corp reported a higher quarterly profit on Wednesday and announced a $600 million accelerated share repurchase. The company, formerly a part of Tyco, said net earnings had risen 12.9 percent to $105 million, or 44 cents per share, from $93 million, or 39 cents per share, a year earlier.
Jan 30- Home security services company ADT Corp reported a higher quarterly profit on Wednesday and announced a $600 million accelerated share repurchase. The company, formerly a part of Tyco, reported net earnings of $105 million, or 44 cents per share, for the first quarter ended Dec. 28, from 39 cents per share a year earlier.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.