Although this announcement means a further period of uncertainty for many women, the speed of the review should mean that they will have clearer answers about the safety of the implants within a matter of a week or so.
Investors would like to see a reasonable transition period between the announcement of convergence plans and the compliance deadline, and many would like companies to have the option of adopting IFRS ahead of the deadline.
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Groupon also said that it has extended the post-IPO lock-up period from May 2 to June 1, which pushes the period past a planned earnings announcement on May 14.
However, the steps could not hide the fact that Vance and Wellington, neither of whom had ever purchased ClearOne shares before, accumulated large numbers of shares in the period leading up to the announcement and then immediately sold those holdings immediately after the announcement.
Analysts had expected Wachovia to say it had profits of 40 cents a share for the period, and they expected that announcement to come several days from now.
Within the announcement that Secretary Sebelius made, she described it as a transition period of a year.
"Guernsey's proposed agreement with the UK seems to mirror ours, but by making our announcement three months ago we have given our finance sector an additional period of clarity and certainty about our direction of travel, " he said.
Over the period from 1993 to 2011, the largest single workforce reduction announcement by a U.S. employer belongs to IBM, when it made public plans to fire 60, 000 workers in July 1993.
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"Fifa's announcement effectively sets the ball rolling on the whole process and so this marks the start of an intense but exciting period, " said England's bid chairman Lord Triesman, also chairman of the Football Association, on Saturday.
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