Cablevision Issues Relief With 10-Q Report

Farrell, Mike
September 2006
Multichannel News;9/25/2006, Vol. 27 Issue 38, p16
The article reports that Cablevision Systems Corp. will have to restate its 10-Q quarterly financial statement from 1997 to the first quarter in 2005 concerning stock-option dating to the Securities and Exchange Commission in the U.S. The changes in the financial statement aims to address the discrepancies in stock-option and appreciation. However, Cablevision's stock during the second quarter in 2006 showed a positive result although net income presented a decline.


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