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Noble Group Says Auditor Needs More Time to Review Accounts
(Bloomberg) -- Noble Group Ltd. said its auditor needs more time to review its accounts, following a second report critical of its finances published online by an anonymous group calling itself Iceberg Research. Asias biggest commodity trader is due.
Independent Bookstores Struggle Against the Tide
IN Hastings-on-Hudson, two independent booksellers, Deborah Boylan and Rosemary Edelstein, stubbornly ignore the writing on the wall, as does Carol Greenman in Pleasantville and Harold Makanoff in White Plains. Struggling to survive in the growing shadow of large chains like Borders Books and Records and Barnes & Noble, they remain holdouts -- aware of the perils of their profession yet unwilling to give in. Mr. Makanoffs Main Street Bookshop is the sole survivor in a city that once was home to six independent bookstores. Ms. Boylan and Ms. Edelstein are banking on the fact that their small-town bookstore overlooking the Hudson River is enough off the beaten track from the chains to survive. And Ms. Greenman, opting to stare down her rivals, recently moved her establishment, the Bookstore, out of its quaint home of 25 years into larger quarters.. Independent bookstore owners in Westchester County, NY, are forced to close or shift marketing strategies as large chains like Borders Books and Records and Barnes & Noble open more stores; photo (M)
Why Noble Group limited Drop 9% today? Due. - Andy Yew
Iceberg Research initiates coverage on Noble Group, a large commodity trader listed in Singapore, ranked number 76 in the 2014 Fortune Global 500 with revenue of $98b, market cap of $6b, and rated investment grade��.
Barnes and Noble and Microsoft End Nook Partnership
The announcement came as the chain announced a 2.7 percent drop in revenue overall, but a 41 percent skid in its Nook division sales.. Barnes & Noble buys out Microsofts stake in its Nook business for about $120 million; Microsoft invested $300 million in the Nook division in 2012.
The Year in Media | Where Will Borders Books and Customers Go?
Staff members of The Timess media news department are highlighting the most significant developments this year in the industries they cover.. The loss of the bookstore chains 400 stores to bankruptcy was an ominous sign in 2011.
Royal Shakespeare Tells the Barbican Ta-Ta
Adrian Noble, artistic director of the Royal Shakespeare Company, announced on Thursday here that it would dismantle its permanent company of actors and abandon its London base at the Barbican Center to attract bigger stars and present more productions in the showier West End. The move is just one of many in what Mr. Noble said would be a major yearlong reorganization of the 41-year-old company, which has long nurtured the careers of actors like John Gielgud, Laurence Olivier, Judi Dench, Ian McKellen, Vanessa Redgrave, Ben Kingsley and Kenneth Branagh. Among other things, the move will allow the company to hire actors for short-term contracts instead of the 18-month-to-two-year ones that the current system requires of its repertory players.. Adrian Noble, artistic director of Royal Shakespeare Company, announces that it will dismantle its permanent company of actors and eliminate productions at Barbican Center in London; says there will be other changes as well and all should leave company more flexible and with expanded opportunities; photo (M)
Iceberg Research - NOBLE GROUP, a Repeat of Enron.
Like Enron, Noble Group has a remarkable ability to spot accounting loopholes. One of them is the accounting of associates. The valuation gap for an associate, Yancoal, has already been commented on by a few analysts.
Update: Noble says auditor EY seeks more time, refutes Icebergs fresh allegations
NOBLE Group, which halted the trading of its shares on Thursday after Iceberg Research launched its second litany of allegations against the commodity trading firm, said its auditors Ernst and Young have requested for more time to review their own.
Commodities trader NOBLE GROUP profit down sharply
SINGAPORE--Singapore-listed commodities trader Noble Group Ltd. said its net profit nearly halved last year after the value of one of its associate companies fell sharply, on the same day it refuted fresh criticism of its accounting practices made by a .
Noble Groups FY14 profit tumbles 46%; writes off US$200m for Yancoal
NOBLE Group, which halted the trading of its shares on Thursday after Iceberg Research launched its second litany of allegations against the commodities trading firm, said its auditors Ernst and Young have completed their review of their internal.
Wheels for Sipowicz?
FOR all of their diversity, the streetscapes of New York City can be boiled down to a few representative elements: a yellow cab, a hot dog stand and a steaming manhole cover. Throw in a light-blue and white police car, and the location is fixed beyond all doubt. Only in New York, kids, only in New York. Unfortunately, that last component of the citys visual signature will soon go the way of all things. One by one, the N.Y.P.D.s familiar patrol cars, Chevrolet Caprices painted white and a custom shade that the department calls grabber blue, are being replaced by lily-white Ford Crown Victorias. By 2000, when the transition is complete, New York will be a bit more like everywhere else.. New York Police Department is replacing its blue and white Chevrolet Caprice cruisers with Ford Crown Victorias that are all white except for a blue stripe and decals; photos (M)
Bad Exhibition or Noble Experiment?; A Bad Exhibition?
I WAS upset by the feeble approach Hilton Kramer took to the Los Angeles Art and Technology exhibition. Faced with stylistically diverse show, he seemed intent on warping the works to fit his past experience, lumping them together, and dismissing them.. B Mefferd lr scores H Kramer rev of Art and Technology show; charges Kramer ignored fact that show was uneven because the program which produced it was always treated as a noble experiment, not as production line to crank out show-biz art works; Kramer replies task of criticism is to deal with what artists have actually achieved
Alcoa Sells its Stake in Jamaican Alumina Joint Venture to.
Alcoa has agreed to sell its its ownership stake in the Jamalco bauxite mining and alumina refining joint venture to the Noble Group for $140 million.
Stock Market Best-Kept Secrets: Noble Group - Heavy Tumble
Noble continues its tumble after my post earlier on. The research report from Iceberg was simply detrimental, but I believe to avoid this sell down and book at the hidden selling point is to identify Fake Breakouts before obvious��.
NOBLE GROUP Limited Led the Singapore Market Higher This.
For this week, the Straits Times Index (SGX: ^STI) had increased by 1.2% to close at 3,431 points. Of of the 30 index components, 22 made weekly gains while the rest had clocked losses. Commodities trader Noble Group��.
NOBLE GROUP Down 8% - The Next Enron Scam?
News Noble Group was the biggest decliner among blue chips, falling 7.9% to $1.11. Some 63.6 million shares changed hands. Nobles plunge followed a report that alleged the supply chain manager had exploited the��.
5 Additional Members Of Neo-Nazi Group Held
The second-in-command of the white supremacist group the Covenant, the Sword and the Arm of the Lord was arrested today on weapons charges, and four reputed members were arrested in Missouri, the authorities said.
MIX AND MATCH SPORTSWEAR
We want everything to work together, said Danny Noble. Depending on how the pieces are put together, the clothes can look grown-up or playful, they can be worn to dinner or the beach. In the three years since Mr. Noble and his wife, Annette, came from London to open a fashion business in this country - their headquarters are in Philadelphia - they have caught on to the American idea of sportswear, with interchangeable parts that extend a wardrobe and adapt to myriad occasions.
Ex-Goldman, Noble Traders Macro Hedge Fund Avoids Swiss Franc Loss, Assets Triple-Sources
Guard Capital, a macro hedge fund firm launched by two former top traders at Goldman Sachs and Noble Group, has gained 2.5 percent so far in January, sources said, steering clear of the pain some of its peers suffered after the Swiss franc soared.
Heres Why NOBLE GROUP Limited Is a Blue Chip Investors.
Noble Group Limiteds (SGX:N21) poor business fundamentals may be enough reason for investors to want to avoid it.
Noble Group rejects Iceberg Research allegations | Metal.
Singapore-listed Noble Group has said it rejects all the allegations made in a report by research firm Iceberg Research, which led to a major fall in the trading companys share price.
Iceberg Research responds to Noble statement; repeats.
Iceberg Research has put out a response to Noble Groups comments on its February 15 research note, largely repeating the claims it made in the report.
Stock Market Best-Kept Secrets: Noble Group - Stock Tumble
Noble Group - Stock Tumble. From yesterday to today, Noble had a high degree of sellers where the selling and dumping of shares was fast and furious. Analyzing and studying the chart carefully, there was exuberance��.
2 Big Booksellers Results Beat Wall St. Expectations
Barnes & Noble, the nations largest bookstore chain, posted fiscal second-quarter results yesterday that easily surpassed Wall Street expectations. The second-largest chain, Borders Group, modestly topped forecasts. In a crucial barometer of how the book industry is faring during the economic slowdown, both companies also projected an improvement over last years lackluster holidays, the season that usually accounts for more than 40 percent of the book industrys annual sales.. Barnes & Noble, nations largest bookstore chain, posts fiscal second-quarter results that easily surpass Wall Street expectations; second-largest chain, Borders Group, modestly tops forecasts; both foresee rosy holiday trade ahead; Barnes & Noble reports loss in most-recent quarter of $1.7 million, compared with $8.6 million loss year ago; Borders reports earning $100,000 during most-recent quarter, up from $1.6 million deficit year earlier (M)
Tech Notes; Heavy Lifting, Quantified
In the workplace, the infant science of ergonomics has yet to have much of an impact. In many cases, workers are expected to adapt to working conditions and take care not to injure themselves, a practice that in 1991 contributed to 1.7 million disabling work injuries, according to data from the National Safety Council. Back injuries -- 370,000 of them -- were the single largest category. And each year, on average, some 40 percent of workers compensation claims stem from lower-back injuries. The typical job site is laid out to be the same for everyone, said Ed Dunlay, a vice president at the Chattanooga Group, a maker of rehabilitation products. The variable is the worker, he said.
Barnes & Noble Merger Endangers Publishers, Too
To the Editor: Happy as I was to note some attention paid to the Barnes & Noble-Ingram deal (Independent Bookstores Say Big Deal Is a Big Deal, Jan. 3), the current power of this huge enterprise over major publishing houses grows even more dangerous. Small publishers able to distribute through Ingram will be controlled by the new company, and may vanish along with independent bookstores and any minor authors aspiring to be published. CAROL SHEDLIN Upper East Side. Carol Shedlin letter opposes Barnes & Noble-Ingram deal (Jan 3 article)
Books of The Times
. Biog by L and E Hanson revd
What Is The Short Attack On Noble Group Limited All About? Part 1
The latest company to undergo a ���short attack��� is commodities supply chain manager Noble Group Limited (SGX: N21). A report, published by a blogger (or group) named Iceberg Research, surfaced on 15 February 2015. Below is a summary of some of .
BUSINESS WORLD; Named Plant Manager By Makers of Vari-Typer
Dishamatic Price Now $274.50 Lake States Products, Inc., Jackson, Mich., has increased the list price of its Dishamatie electric dishwashers to $274.50, C.K. Reynolds, sales manager, announced yesterday. The decision to increase the price, reached after agreement by distributors, was made to guarantee a planned production and selling program in the face of rising labor and materials costs, Mr. Reynolds said.. Elected Natl Export Traffic League pres
Noble Group reports Q4 loss, rejects improper accounting allegations
SINGAPORE, Feb 26 (Reuters) - Commodity trader Noble Group Ltd unexpectedly reported its first quarterly loss in three years due to asset write-downs, and rejected allegations of improper accounting, saying a disgruntled former junior employee was .
Noble overstated commodity values by at least US$3.8 billion, says Iceberg.
Singapore-listed Noble Group overstated the value of commodities it holds by at least US$3.8 billion (S$5.15 billion), Iceberg Research said in a report on the Asian commodity trading firms accounting practices. -- PHOTO: ST FILE .
Aspire Mining, NOBLE GROUP intersect near-surface coal at.
Aspire Mining (ASX:AKM) and Noble Group have confirmed the prospectivity of their Nuurstei Coking Coal Project in northern Mongolia with coal intersected in all six exploration holes drilled to date.
US$1 billion wiped off market value of NOBLE GROUP and two other companies on.
HONG KONG - Shares of Noble Group, a Singapore-listed commodities trader, sank the most in three years on Monday. Sound Global posted a record drop, while Ozner Water International Holding lost 20 per cent. The common factor driving all three was .
NOBLE GROUP Limited Leads The Pack As Singapores.
Noble Group Limited (SGX:N21) enjoyed the most gains amongst Singapores blue chips during the week.
NOBLE GROUP Rejects New Iceberg Report
SINGAPORE���Trading in the shares of Noble Group Ltd. was halted Thursday as the commodities trader rejected fresh criticism of its accounting practices made by a little-known research firm on the day the company is scheduled to announce its full-year .
Share Shakespeare? London Isnt Sure It Should
When the Royal Shakespeare Companys artistic director, Adrian Noble, announced earlier this month that he intended to move the company out of London and take it on tour for six months of each year, he argued that his decision would provide a long-overdue boost to regional theater in Britain. But here in the capital, where theater is a huge, unforgiving and jealously conducted business, people are focusing on the flip side of Mr. Nobles equation. Never mind the region, theyre saying: what will the move do to theater in London?
Suit Challenges Barnes & Noble Over Shareholder ‘Poison Pill’
The group, Yucaipa, said the Barnes & Noble’s board breached its fiduciary duties, and said it planned to nominate three directors to challenge the current slate.
Shares Of Commodity Trader NOBLE GROUP Hit After Negative Report From.
Hong Kong-based commodity trader Noble Group has had a tough week. Things started off bad on Monday when Iceberg Research published a report claiming that Noble places a value on its stakes in some holding companies much higher than their actual .
BATTERED BOOKSELLERS
Does it make sense to combine two booksellers with eroding sales and growing competition from the likes of Amazon.com and now Google? Shareholders of Barnes & Noble apparently believe so. For a second day, shares of Barnes & Noble surged after the hedge fund manager William A. Ackman offered to finance a $960 million merger of Barnes & Noble with the Borders Group, its smaller rival.. DealBook Online; Shares of Barnes & Noble continue to surge following hedge fund manager William A Ackmans offer to finance merger with Borders Group; photo (S)
Noble overstated commodity values by at least $3.8 bln - Iceberg Research
SINGAPORE Feb 26 (Reuters) - Singapore-listed Noble Group Ltd overstated the value of commodities it holds by at least $3.8 billion, Iceberg Research said in a report on the Asian commodity trading firms accounting practices. Impairing these fair.
HELEN NOBLE IN DEBUT; Soprano Gives Varied Program --Excels in Chaminade Group
. Recital
Noble blames Iceberg Research attack on disgruntled ex-employee
Noble Group believes a ���disgruntled��� ex-employee is behind the unknown research group that has accused the commodities trader of aggressive accounting and compared it to Enron. Yusuf Alireza, chief executive, said he had strong reasons for thinking .
What Is The Short Attack On NOBLE GROUP Limited All About? Part 2
The latest company to undergo a ���short attack��� is commodities supply chain manager Noble Group Limited (SGX: N21). A report, published by a blogger (or group) named Iceberg Research, surfaced on 15 February 2015. Below is a summary of some of .
Egypt signs deal with American Noble Energy to import 7.
CAIRO: State-owned Egyptian Holding Company for Natural Gas (EGAS) signed Tuesday a two-year deal with the Hong Kong-based Noble Group Company to import seven liquefied natural gas (LNG) shipments starting April��.
Noble Group - Iceberg or ice cube? | Singapore Stock.
Iceberg Research published a negative report on Noble. It highlights concerns we share, but they are not new news. We find that the report has a sensational bias, omits any investment positives, and we dont think all of its��.
Noble Says Ernst and Young to Sign Off on Accounts After Delays
(Bloomberg) -- Noble Group Ltd. said Ernst and Young LLP has agreed to sign off on the trading companys financial accounts, hours after an initial delay in securing the auditors approval sent its bonds tumbling. Asias biggest commodity trader by.
ART OF JOHN NOBLE IN SMALL EXHIBIT; 18 Canvases, Lent by Widow, Are on View at the Ehrich-Newhouse Galleries.
A memorial exhibition of the work of John Noble, who died a little more than a year ago (Jan. 7, 1934) will probably be arranged at some future time. Meanwhile, a selection of canvases lent by his widow has been placed on view at the Ehrich-Newhouse Galleries, to remain until Feb. 23.. Exhibition of paintings
NOBLE GROUP and EGAS sign LNG contract - LNG Industry
A two year LNG contract has been signed between Noble Group and EGAS.
Noble - Noble Group
Our pipelines are supported by an assetmedium approach. This means we focus investments on assets that are important to the security and control of low-cost product supply. Through targeted capital investments, our objective is not to fully��.
Hot stock: Noble halts trading as Iceberg lashes out with fresh allegations.
NOBLE Group halted the trading of its shares on Thursday after Iceberg Research launched its second litany of allegations against the commodity group. In its latest report, the anonymous group, which launched its first analysis on Noble on Feb 15, 2015.
Now, Living With AIDS Means Paying for More Drugs
For Conrad Noble, living with AIDS means keeping a well-stocked medicine chest and knowing when it is time for each of the 31 pills he takes every day. At first youre very resistant to the medication, he said. But once youre in pain you take the pill and get used to it. Most of his prescriptions, which would cost more than $2,500 a month, were covered by the AIDS Drug Assistance Program, a federally financed program administered by the state. But with demand for drugs outpacing available government money, the state cut back the list of drugs it covers, to 66 from 195. The changes, which went into effect on Jan. 1, mean that Mr. Noble will have to find other means to pay for drugs to help fight infection, stave off diarrhea and sleep at night.
Noble Group Profit Falls Sharply
SINGAPORE���Singapore-listed commodities trader Noble Group Ltd. said its net profit nearly halved last year after the value of one of its associate companies fell sharply, on the same day it refuted fresh criticism of its accounting practices made by a .
