July 2008 Corrections Page

A July 21 column, FASB Change: Transparency at a Cost, incorrectly stated that JPMorgan (JPM) CEO Jamie Dimon told investors on the company's earnings call the prior week that he doesn't think the FAS 140 accounting rule change would be that consequential. "The new changes coming up could have an impact. It could be material," Dimon was quoted in the article. "A lot of it will be one shot, just one time. It will hurt you for a year or something like that, but it really remains to be seen how it gets implemented and really how competitors react." This quote actually refers to his opinion on the Federal Reserve's proposed rules related to credit-card billing practices. TheStreet.com regrets the error. (Corrected July 21)

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A July 17 column, Altria's the Real Deal, should have noted that Altria's (MO) 52-week-high around $80 was prior to the company's spinoff of Philip Morris International (PM) in March. Adjusting for that spinoff, Altria shares have ranged from $19.47 to $24.55.

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A July 15 article, U.S. Stocks Open With Losses, incorrectly stated that State Street's (STT) second-quarter earnings fell shy of analysts' expectations. In fact, excluding charges, the bank beat Wall Street consensus estimates by 4 cents a share. TheStreet.com regrets the error. (Corrected July 15)

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A July 11 column, Wynn Places Its Chips on Stock Buyback, cited a report from Oppenheimer analyst David Katz, which has since been revised. In the revised Wynn Resorts (WYNN) note, Oppenheimer said: "This note corrects our previously published note of July 11th, which indicated that WYNN had not repurchased its stock against its present $1.2 billion authorization and that its leverage is 5.6X Total Debt to EBITDA. The company has repurchased $423 million of its shares over the past four quarters. In addition, its leverage is approximately 4.2X, prior to any share repurchases which may have occurred in 2Q08. In our updated forecast, we have assumed $300 million of share repurchases, which increases our estimated leverage to 4.6X by the end of 2008. Should further repurchases occur, we believe they could further increase the company's leverage." (Corrected July 11)

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A May 21 article, Arthrocare Unit Keeps Troubling Company, incorrectly referred to Gary Carroll as a "convicted felon." Although Mr. Carroll was charged with making a false/fraudulent insurance claim and with third-degree grand theft, the charges were ultimately dismissed. TheStreet.com regrets the error. (Corrected July 3)

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A July 11 article, The Five Dumbest Things on Wall Street, incorrectly said Marriott (MAR) built additional hotels in the second quarter. Marriott operates and franchises hotels, but does not build them. The same article also incorrectly stated that European Aeronautic Defense & Space would be building Air Force refueling tankers in Mobile, Ala. Although the later stages of production are slated to take place in Mobile, the frames for the aircraft are built in Toulouse, France. TheStreet.com regrets the errors. (Corrected July 11)