The certification deadline has passed, but some of its debris still littered the Street Thursday morning. In one of the bigger blowups of the chapter, Gemstar-TV Guide ( GMST) said late Wednesday it will restate 2001 results to reflect the reversal of $20 million in revenue and said it is considering a management shake-up. The Pasadena, Calif., company delayed filing its second-quarter results, missing the SEC-mandated deadline for certifying financial statements, after its audit committee raised questions about the way it allocated revenue between its interactive division and media and services segment. The company said the restatement wouldn't affect its loss or cash flow for 2001. Gemstar said its auditors hadn't agreed to the restatement. "KPMG has informed the company that it does not believe that it has been provided information sufficient to support a change in the accounting treatment," it said in a release. The company is 42%-owned by News Corp. ( NWS) and was a huge burden on the company's earnings in the most recent fiscal year. News Corp. Chairman Rupert Murdoch has reportedly long sought new direction at the company. In its release, Gemstar said its chief executive, Henry Yuen, chief financial officer, Elsie Leung, and News Corp. have proposed restructuring management to settle "disputes among the parties." Gemstar's shares touched a five-year low on Wednesday. As happened consistently on Tuesday, the pre-certification confession led to a jump in Gemstar's shares. They were recently adding 3% to $3.44. Meanwhile, Omaha-based commerce system purveyor Transaction Systems Architects ( TSAI) held off certifying its financial statements after determining it might have improperly accounted for some deals in 1999 through 2001. The audits were first completed by Arthur Andersen and will now be conducted by KPMG LLP, it said. The company's chairman, Gregory Duman, resigned as its director. The firm said its officers will certify results after the reaudit is completed. Its shares tumbled 23% to $8.30. AOL Time Warner ( AOL) was soaring after saying it was reviewing three transactions worth $49 million at its America Online unit. The company described the revenue involved as "insignificant" and certified its financial statements before the deadline. The shares were recently gaining 10% to $12.19. Among other stocks on the move, BEA Systems ( BEAS) was gaining 12% to $6.47 after reporting second-quarter results that were largely in line with Wall Street's estimates. The company also named its CEO to the post of chairman of the board. BEA said third-quarter revenue would be flat to slightly higher sequentially. The fourth quarter is expected to see sequential revenue growth in the mid-single digit percentages. Brocade ( BRCD) was climbing 8% to $16.20 a day after reporting that sales and profits for the third quarter showed double-digit gains over last year's levels. The company's president also said he was "optimistic" about the outlook for the quarter underway. Dynegy ( DYN) was sinking 21% to $1.18 a day after its top executives said they are unable to certify last year's financial statements. The news had been expected. Dynegy previously announced that it will restate its 2001 financials after its independent accountants complete a three-year re-audit of the company's books. Another stock under selling pressure was UAL ( UAL), the parent company of United Airlines. The airline's shares slid 11% to $2.17 after UAL said it will seek Chapter 11 bankruptcy protection in the fall unless it is able to lower costs dramatically. While not saying a filing is definite, the airline noted that it faces $875 million in debt payments due next quarter and that it has "insufficient access to the public capital markets to repay them."