February 2005
A Feb. 24 story, Qwest Dons Collar for MCI, mistakenly reported that Qwest (Q:NYSE) had boosted the cash portion of its cash-and-stock offer for MCI (MCIP:Nasdaq). In fact, Qwest's offer accelerated the cash dividend payments in the proposed transaction but left the total value of the cash component the same. TheStreet.com regrets the error. (Corrected Feb. 25)
A Feb. 24 story, Krispy Kreme Says U.S. Attorney Joins Probe, in reporting on Krispy Kreme's (KKD:NYSE) earnings restatement due to franchise accounting issues, erroneously stated that Starbucks (SBUX:Nasdaq) and a group of other companies were making similar restatements. Those other companies' restatements actually are related to lease accounting issues. TheStreet.com regrets the error. (Corrected Feb. 24) ...
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