Tags » Corporate Reporting

Yahoo Inc revenue falls more than 11% as it attempts to sell off its core business

Yahoo Inc’s posted first-quarter revenue that beat analysts’ estimates slightly, but the 11.3 per cent decline shows the web pioneer’s struggle to boost growth its core online search and display advertising business, which it is in the process of auctioning off. 307 more words

FP Tech Desk

DavidsTea reports increase in net profit

DavidsTea (Nasdaq: DTEA) says net income almost doubled to $14.8 million in its fiscal 2015 fourth quarter from $7.9 million in the comparable year-earlier period. 148 more words

Business

New Irish & UK GAAP: A quick overview for students

The attached document provides a “conversational knowledge” overview of new Irish & UK GAAP:

New Irish and UK GAAP

Furthermore, as some people may already know, I am a big fan of BDO’s financial reporting material and have attached, for those looking for more detailed information (but still in summarised form!), a BDO document outlining the key differences between IFRS and FRS 102:

BDO IFRS FRS102 Differences

ACCA

Penn West takes $1.6-billion loss, warns of pending debt covenant violations

Challenges that include looming debt agreement violations, settling an investor lawsuit for $53 million, intense asset sale negotiations and losing two-thirds of its staff will make Penn West Petroleum Ltd. 668 more words

Energy

Adapt or Die: Understanding Stakeholder Pressure as an Opportunity for Purposeful Growth

By Dr. Kathy Miller Perkins

Note: this article is part of The Transatlantic Debate Blog series, which forms a conversation between Dr. Katrin Muff and Dr. 909 more words

Corporate Social Responsibility

Calgary-based Enerflex job cuts rise to 1,100 workers, one-third of workforce

Enerflex Ltd. announced Thursday it cut 200 more jobs in the fourth quarter of 2015, thus reducing its global workforce by one-third or 1,100 employees to 2,300 since the beginning of 2015. 278 more words

Calgary

Calfrac Well Services job cuts deepen; 1,700 fewer staff in North America

More cuts in its U.S. division have reduced the North American workforce of Calfrac Well Services Ltd. by about 1,700 since the end of 2014, the company said Wednesday, as it unveiled a fourth-quarter net loss of $141 million. 608 more words

Energy