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User Info When (Not If) It Cracks.....; entered at 2017-11-09 22:20:10
Posts: 1490
Registered: 2010-12-29 arkansas ozarks

hoser Equifax up 1.7% .... all is well

Does this mean anything ?
Equifax Inc. estimates that it has already lost nearly $90 million from the massive data breach that it announced two months ago, but is giving investors and analysts the ability to ignore it.

In its first quarterly earnings report since revealing that data on more than 145 million Americans was put in jeopardy when intruders managed to infiltrate the data-warehousing companys network, Equifax EFX, +1.63% admitted that profit declined 28% from a year ago. However, after wiping away the $87.5 million in costs of the data breach for its adjusted earnings metric, Equifax was able to claim a 6% gain in profit and beat average analyst estimates.

Creative accounting or plain fibbing ?

2017-11-09 22:20:10