Home Page : Archive News : October 2015 News : DirecTV to restate some financials, record $1.1 bln charge | |
DirecTV to restate some financials, record $1.1 bln charge | |
October 17, 2015 Oct 16- Satellite TV provider DirecTV said it would restate financial statements for the quarter ended June, citing an incorrect measurement of assets of its Venezuelan subsidiary. Statements related to the quarter are being restated to record a pre-tax charge of about $1.1 billion, DirecTV said in a regulatory filing on Friday. In July, DirecTV merged with No. 2... Source: http://www.cnbc.com/2015/10/16/reuters-america-directv-to-restate-some-financials-record-11-bln-charge.html |