Cambrex Corp.
Cambrex Corp. situationed underlying profits of $10.4 million in the fourth quarter, marking a 13 percent decline from the year-ago period. Sales gained 4 percent to $1325 million. However, the issues were overshadowed by stranges that the company has discovered certain accounting discrepancies for the period 1997 by means of 2001. Shares of Cambrex render free of accessed down $1.90 to $24 last Friday.
The discrepancies
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