To make these deals go through, some workers forged borrowers' signatures on key disclosure documents, pressured real estate appraisers to inflate home values, and created fake W-2 tax forms that exaggerated loan applicants' earnings.
[C8.] Stocks Rise Internationally Stocks around the world advanced, led by technology-related companies including LogicaCMG and Canon, amid optimism that a recent slump was exaggerated given the outlook for earnings growth.
Either investors' passion for earnings predictability is exaggerated, or else they took the bad news as a sign that, at long last, the company was on the move.
He said investors seemed to be awarding higher relative values to companies whose earnings reports were not exaggerated or misleading, and that the reliability of financial statements was being reflected in corporate bond prices.
The rumors of the impending death of Provo, Utah-based Novell novl are widely exaggerated, and the first-quarter fiscal 1999 earnings, expected to be announced after the market close on February 25, will confirm that.
Has wage stickiness been exaggerated?
Pay attention to exaggerated details.
So while big market swings in reaction to poor earnings news or bad economic data often seem exaggerated, evidence suggests that they often turn out to be justified.
Although published reports implied that a Linux expansion could dramatically change Dell s offerings and by extension, pummel Microsoft s earnings, spokesman David Lord said the perceived Linux demand is probably exaggerated and likely only comprises 3% to 4% of the personal-computer market.
Prosecutors have estimated that by falsifying financial reports, HealthSouth executives inflated the company's earnings by $2.5 billion from 1997 to the beginning of this year, and exaggerated corporate assets by $800 million.
