Lockheed equity threat from new accounting rules
Lockheed Martin says proposed accounting changes by the Financial Accounting Standards Board could reduce stockholders equity by about $260 million. The company warned that under the new rules roughly $500 million would need to be removed from inventory as a charge against earnings, impacting current assets and capitalization.
MENTIONED IN THIS ARTICLE
Burbank(ap
Larkheed Amirash Corp
Lurbanks Based
Financial Accounting Standards Board
Stocks Drift Amid Weak Uptick Hints At Bottom
New York stocks eased gradually as investors paused for direction amid ongoing doubts about the economy. The Dow industrials slid to 658.17, the volume on the NYSE totaled about 1.94 million shares, and gold and silver issues fell for a second straight day. Analysts saw no clear bullish catalysts and noted a cautious, wait‑and‑see stance across major markets.
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New York
Institute Force
Larry Wachtel
Bache & Co
Dan Jones
New York Stock Exchange Board
NYSE
Sai
Sig
Tealler
ASA, Ltd
Asso
Campbell Red Lake
Atwony
Hecla Mining
Rosario
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Sevag i
Andel
Cote
Ieee
Ube
Sinead
Hammoead & Ag Estes Me
Twenten
Samance Fusants
Pete Undane
Delian
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Mauda
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Easgree Ta Maycay
Eye
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Gee Arene
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Eaneyee
Ae Eerie
Fay
Lane
Mara Footeny HS
Lockheed
Bei Hancock
Bolin
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Cig
STE
Ermarsta
Ivacrovase
Hales Sree
Walovoras
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Sri
Jungary
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