Intuit Inc. said Wednesday that it had properly accounted for past stock options awarded to employees, enabling the software maker to avoid recalculating past profits -- a complex process facing a number of other companies trying to correct previous missteps.
The Nasdaq shed its losses to trade little changed on Friday as news on the progress Microsoft Corp.'s multibillion share buyback pushed the software maker's shares higher, countering a tumble in Dell Inc. shares on news of an accounting probe.
Part of a new administrative computer software program may need to be rewritten to handle some of the accounting demands of North Dakota's largest universities, an administrator says.
Aug. 18, 2006 (Associated Press) Intuit Corp. said Wednesday that it had properly accounted for past stock options awarded to employees, enabling the software maker to avoid recalculating past profits - a complex process facing a number of other companies trying to correct previous missteps.
U.S. stocks rose on Friday as news of the progress in Microsoft Corp.'s multibillion-dollar stock-buyback program pushed the software maker's shares higher, which offset a tumble in Dell Inc. on news of an accounting probe.
