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Links 1 through 10 of 48 by Nik Silver tagged financials

" Scientology leader David Miscavige has been trumpeting his church's “milestone year,” but the mysterious religion is alienating scores of its most faithful followers with what they call a real estate scam. With anger mounting and defectors fleeing, this may be more than a fleeting crisis; it may be a symptom of an institution in decline."

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"Apple's App Store and the Google Play store each claim to offer over 700,000 apps to choose from, but only a tiny fraction of them bring in significant revenue for their developers, according to research from analyst firm Canalys."

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"HP is extremely disappointed to find that some former members of Autonomy’s management team used accounting improprieties, misrepresentations and disclosure failures to inflate the underlying financial metrics of the company, prior to Autonomy’s acquisition by HP."

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"Local news firm Journal Register Company, championed by some of the biggest names in new media as it made a much-trumpeted shift to digital, has filed for bankruptcy for the second time in three years. [...] The moves appeared designed to allow the JRC to continue in business with the present ownership structure, but shorn of burdensome financial obligations that it was struggling to meet."

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"The social games developer Zynga is withering faster than neglected corn on its signature hit FarmVille. Weak second-quarter financial results and worse expectations for the rest of the year sent Zynga’s already faltering stock down in late trading Wednesday by more than a third, to $3.18 a share."

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"The number of BlackBerry phones sold fell 41% year-on-year in the last RIM fiscal quarter. Sequentially the fall was 30%." A sobering analysis

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"The New York Times Company continues to shrink, selling off one asset after another in an attempt to delay the inevitable--a significant restructuring of its flagship newspaper."

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"[Facebook] basically pre-announced that its second quarter would fall short of analysts' estimates. But it only told the underwriter analysts about this."

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"Those new numbers add a depressing chapter to Twitter's history as the biggest blown business opportunity in media or tech."

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"It is in its forensic analysis of your thinking behind the [financial model] where an early-stage investor really gets a feel for how you think and how you want to direct your company in the near future. Next, it is in how your cash will be used efficiently to accomplish the mutually agreed goals."

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