Dana Corp. will restate its earnings for 2004 and first-half 2005 and delay the release of its third-quarter 2005 financial results. The move, which also calls for the cancellation of its earnings guidance for 2005, is due to the company's uncovering of improperly recorded price increases and transactions in the supplier's commercial-vehicle business, Dana says. The restatements reportedly will reduce the company's second quarter 2005 income by some $10 million to $15 million. Dana also says ...
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