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CNBC Corrections


Current DateTime: 04:20:17 06 Jul 2009
LinksList Documentid: 25097526
  • June 25: Hertz CEO: We're Buying Cars...Lots of Cars

      Hertz Global expects its second quarter revenue to be between $1.7 billion and $1.75 billion. An earlier version of this story incorrectly stated the value to be $1.7 million to $1.75 million.

  • June 17: S&P Cuts Rating On 18 Banks, Dims Outlook on 4 Others

      S&P cut its outlook but left the rating intact for PNC Financial Services, First National Bank of Omaha, M&T Bank and Valley National Bancorp. An earlier report inaccurately indicated that the ratings were cut for those institutions.

  • June 12: Wall of Shame: UAL Corp.’s Glenn Tilton

      A previous version of this story indicated that the existing UAL Corp. has traded since February. It has been trading since February 2, 2006.

  • June 9: Happy Hour: The New Day Job

      After the original post was published, Kitano hotel clarified that its $8 special on beer, wine and appetizers ended last week.

  • June 9: Print In Peril: Boston Globe Votes No; Zell's Tribune Troubles

      In the original post, the story's headline incorrectly suggested that Zell had left the Tribune Company

  • June 8: Slide Show: Who Is the Worst CEO?

      This story listed United Technologies' George David as the company's CEO. He is the former CEO, and is now serving as chairman.

  • June 8: Free Money?

      A previous version of this story incorrectly stated that Health Care REIT's CEO, George L. Chapman, had recently resigned. It was former President Raymond W. Braun who resigned, in January 2009.

  • June 8: Futures Jump After Jobs Report; Apple Up

      Correction: The original story mis-stated the reason why Apple founder Steve Jobs took a leave of absence in January. He left for undisclosed health reasons.

  • June 5: Cramer's Spec Stock of 2009

      The original story stated that SLM Corp. fell $54 on news that President Obama planned to overhaul the student-loan business. In fact, at publish time the stock was down $54 from where it received a takeover bid in April 2007.

  • May 29: The S&P 500's Leanest Companies

      Originally listed as an industry laggard was Life Techonolgies (LIFE), but it was brought to the attention of CNBC that due to a recent merger of companies, ThomsonReuters data did not reflect the combined revenues for Life Technologies over the past 12 months. This ranking has been changed to reflect this correction.

  • May 21: Warren Buffett and Bill Gates Gather Fellow Philanthropists

      This blog post originally mis-characterized the nature of a Web site.

  • May 20: Minor Upgrades With Major Impact

      A previous version of this story listed Rio Tinto as a Brazilian company. The correct firm was Companhia Vale do Rio Doce.

  • March 31: Barclays Confirms Talks to Sell iShares

      This story was corrected to show Bob Diamond said Barclays will not need to raise new capital. It originally reported Diamond as saying the bank would not need to raise new capital in the next six months.

  • Mar 16: Slideshow: Companies at Risk of Default

      The slide concerning Lear Corp. had an incorrect image.

  • Mar 5: New Mortgage Plan: Who Qualifies and How It Works

      Correction: A statement made by Luxury Mortgage Corp. indicated that borrowers needed to be delinquent in order to qualify for the FNMA program known as Hope Now Streamlined Mortgage Modification Plan. However, the subject matter of the article that the quote was used in was meant to address the new and recently released FNMA program known as the Homeowner Affordability and Stability Plan. Luxury Mortgage Corp. would like to clarify that borrowers do not have to be delinquent on their mortgage in order to qualify for this new modification plan. Therefore, borrowers that are current on their mortgage may qualify for the Homeowner Affordability and Stability Plan.

  • Mar 5: Director Luc Besson on the Film Industry's Outlook

      Correction: A video clip, "Director Luc Besson on the Film Industry's Outlook," was incorrectly edited to make it appear as though Mr. Besson was interested in making acquisitions. In fact, Mr. Besson is NOT interested in making any acquisitions. CNBC regrets any confusion this error may have caused.

  • Mar 4: Are ETFs Distorting Market

      Correction: A story that appeared on Feb 27th said that a quarter of Schwab investors use ETFs as their primary way to trade when it should have said a quarter of active investors surveyed by Charles Schwab use ETFs as their primary way to trade.

  • Feb. 13: CV Therapeutics

      Correction: A story that appeared on Feb. 13 erroneously stated that CV Therapeutics agreed to a $1 billion takeover bid by pharmaceutical firm Astellas Pharma. There has been no agreement.

  • Feb 4: BofA Jet Sales

      Correction: The story orginally reported an incorrect number for total fleet size due to incorrect information from BofA.

  • Jan 7: Fast Money Pops & Drops

      In the Fast Money Pops & Drops post published Tuesday Jan. 7th we mistakenly reported that Celgene stock dropped after the firm reported revenues on the low-end of projections. In fact, they did not report earnings.

  • Busch: Europe Shivers While US Shakes

      Note: An earlier version of this blog said the European Central Bank's monetary policy meeting was scheduled for this week. The ECB will meet on Jan. 15.

  • Dec. 15: Goldman Sachs Preview: Life as a Bank Holding Co

      An earlier story incorrectly said Goldman Sachs had not posted a quarterly loss since 1929. Goldman Sachs says it last had a quarterly loss in 1998.

  • Dec. 13: Madoff Exposure

      Two video clips discussing firms with exposure to the alleged Madoff Ponzi scheme were removed because they contained erroneous information.

  • Nov. 18: Hewlett-Packard Tops Fourth-Quarter Forecasts

      An earlier version of this story incorrectly stated the revenue for the fourth quarter. The figure has now been corrected.

  • Nov. 7: Disney Faces Economic Downturn—But Extending Video Games?

      An earlier version of this post contained incorrect information on the the new promotion offered by Disney for their theme parks. The corrected content has been added to the blog post.

  • Oct. 21: Health Care Plan Debate Heats Up, But Whose Costs More?

      An earlier version of this story contained a different calculation of the individual tax impact of the McCain health tax credit. We have amended the report, after the McCain campaign provided clarification on the use of tax-advantaged FSA and HRA accounts to pay for out-of-pocket expenses

  • Oct. 19: BayernLB to Tap Government Bailout Package

      Reuters corrected this story to show that at stake are billions of euros, not one billion euros as previously reported.

  • Oct. 17: Honeywell Tops Profit Target But Lowers Outlook

      An early version of this story put the latest consensus estimate for full-year 2008 earnings at $3.81 a share instead of $3.80 a share.

  • Oct. 16: Sell Block: Hedge Funds Cash In on AIG

      Corrects the payday for insurance against Lehman Brothers' bonds to Oct. 21 from Oct. 18.

  • Sept. 30: Slideshow: Credit Crunch Cash Kings

      Lehman Brothers CEO Richard Fuld was mistakenly included in the slideshow and has been removed.

  • Sept. 18: As Fears Grow, Wall St. Titans See Shares Fall

      The New York Times should have asked Morgan Stanley for comment and should not have used the quotation without verifying that the two people had direct knowledge of any comments made by Mr. Mack.

  • Sept. 2: Manufacturing Shrinks Slightly in August

      The original headline misidentified the economic report as a measure of factory orders, not factory activity.

  • Aug. 28: Geothermal Energy Heating Up 

      This video incorrectly identifies ClimateMaster Persident Dan Ellis as Dave Ellis in an on-air caption. It is corrected in the online caption, but not in the video itself.

  • Aug. 26: Mattel vs Bratz

      An earlier version of this story reported incorrectly that a federal jury has awarded Mattel $40 million in damages in a federal copyright lawsuit that pitted the house of Barbie against MGA Entertainment, the maker of the Bratz dolls. AP corrected the figure for damages to $100 million.

  • Aug. 13: CVS Caremark

      A video interview with CVS Caremark CEO Thomas Ryan contained factual errors and has been removed from the site.

  • July 31: Fluor

      The closing stock-market wrap said engineering firm Fluor was the biggest decliner on the S&P 500 in July, falling 56 percent. That was incorrect due to a data error that did not account for the stock's recent split. Fluor stock actually dropped 12 percent in July, and was not among the top decliners on the S&P.

  • July 17: Novartis

      A video interview with an analyst about Novartis earnings contained some factual misstatements about the company and has been removed.

  • July 15: Incorrect Ticker Symbol

      In Jane Wells' "Funny Business" blogpost yesterday, an incorrect ticker symbol was published for AmTrust Bank, a unit of AmTrust Financial Corp. The symbol and price quote that appeared was for AmTrust Financial Services, Inc., an unrelated company.

  • July 10: Redstone Won't Name Daughter Successor

      An earlier version of this story incorrectly indicated above that Sumner felt his daughter was not qualified to succeed him and that a deal had been reached to buy out Sumner's daughter's interest in CBS and Viacom.

  • June 30: WALL-E Cleans Up at Box Office

      An early version of the story had outdated box office information.

  • June 27: Merrill May Write Down $5.4 Billion: Lehman

      The story incorrectly stated that Barclays may need to raise $18 million. The correct figure is $18 billion.

  • June 11: Market Insider: Thursday Look Ahead

      An FCC meeting on the XM-Sirius Merger was incorrectly listed in the daily stock agenda.

  • June 2: Stock Selloff Offers Good Chance to Seek Bargains

      A previous version of this story should have stated that the unemployment rate posted its highest monthly gain in 22 years in May. The rate itself was not at a high.

  • CNBC.com Corrections Policy

      It is CNBC.com's policy to correct factual errors and clarify confusing statements. Significant errors of fact and substance are noted on this page as well as on the page originally containing the error. Minor errors of spelling, punctuation and grammar will be corrected on our Web site without notice. If you think CNBC.com has published something in error, please email us at youropinion@cnbc.com.




Current DateTime: 01:39:54 06 Jul 2009
LinksList Documentid: 29778428

Current DateTime: 01:04:51 06 Jul 2009
LinksList Documentid: 29779196

Current DateTime: 01:10:27 06 Jul 2009
LinksList Documentid: 29779199

Current DateTime: 01:04:51 06 Jul 2009
LinksList Documentid: 29779198
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