Language Selection

English French German Italian Portuguese Spanish

Novell postpones financial results amid SEC concerns

Filed under
SUSE

Just hours before it was due to announce its financial results for the fourth quarter and full year 2007, Novell has postponed the announcement pending a review by the Securities and Exchange Commission. The SEC’s concerns, it appears, relate to the company’s previous financial results.

“Novell received a comment letter from the Securities and Exchange Commission (”SEC”), dated Aug. 7, 2007, regarding Novell’s Form 10-K for the fiscal year ended Oct. 31, 2006, and its Form 10-Q for the quarterly period ended April 30, 2007. Novell delivered a response letter to the SEC on Sept. 20, 2007. On Oct. 18, 2007, Novell received a second comment letter from the SEC indicating that the SEC had reviewed Novell’s response to the Aug. 7, 2007 letter. The second comment letter was limited to certain accounting matters. Novell responded to the SEC’s second comment letter on Nov. 7, 2007 and is awaiting a response,” the company stated.

More Here or Here




More in Tux Machines

Tails 1.1.1 is out

The next Tails release is scheduled for October 14. Have a look to our roadmap to see where we are heading to. Read more

Healthdirect Australia sees value in open source for security solution

Commonwealth and state/territory government funded public company, Healthdirect Australia, has used open source software to build an identity and access management (IAM) solution. The IAM solution allows users to have one identity across all of its websites and applications. For example, users can sign in using their Facebook, LinkedIn or Gmail account. Read more

Ubuntu Installer Bug Can Delete Your Hard Drive and All Other OSes

The Ubuntu installation procedure is governed by a piece of software called Ubiquity and it's one of the most intuitive and easy-to-use installers on the Linux platform. Unfortunately, users have been confronting with a bug that could wipe their entire hard-driver without any kind of announcement. Read more

You have your Windows in my Linux

Although there are those who think the systemd debate has been decided in favor of systemd, the exceedingly loud protests on message boards, forums, and the posts I wrote over the past two weeks would indicate otherwise. I've seen many declarations of victory for systemd, now that Red Hat has forced it into the enterprise with the release of RHEL 7. I don't think it's that easy. Read more