Wednesday, April 25, 2007

UPDATE 1-Timberland to restate, postpone earnings

(Reuters) - Timberland said its audit committee has concluded that the company's previously issued financial statements from 2001 through 2006 should no longer be relied upon because certain accounting standards were not met.

The standards relate to the accounting for foreign currency hedging instruments, the company said.


Read more at Reuters.com Market News

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