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Stock Investing Course (AXcess News) Hong Kong - More executives from Japanese Internet company Livedoorwere arrested, according to Tokyo press. Japan's Asahi Shimbun newspaper reported that prosecutors in Tokyo arrested Livedoor's representative director, Fumito Kumagai, and issued new arrest warrants against the company's former CEO Takafumi Horie, along with other executives who like him have already been charged.

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Stock Market Game The three others were Ryoji Miyauchi, 38, the former No. 2 man at Livedoor; Fumito Okamoto, 38, a former executive of Livedoor and former president of Livedoor Marketing Co.; and Osanari Nakamura, 38, former president of Livedoor Finance Co.

Wall Street has been expecting earnings per share of $1.25, excluding items, on sales of $989.3 million. In February, year forecast for earnings of $1.20 to $1.26 per share, based compensation. Chief Executive E. Scott Beattie said that organizational improvements in Europe and Asia, particularly China, would contribute to revenues and earnings next year.

Stock Investing Game Prosecutors also arrested Fumito Kumagai, 28, the representative director of Livedoor who had served as a close aide to Horie. Livedoor said board member Noriyuki Yamazaki, 34, replaced Kumagai on Wednesday.

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Journal Prime Rate Street Wall The five are suspected of window-dressing Livedoor's settlement of accounts in September 2004 by illegally inflating its profits by about 5.3 billion yen.

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Stock Market News Horie, 33, Miyauchi, Okamoto and Nakamura were arrested last month on suspicion of spreading false information in connection with Livedoor Marketing's takeover of a publisher in 2004.

Stock Investing Basics Horie has denied any wrongdoing.

Stock Investing Software But Kumagai, who replaced Horie as holder of Livedoor's representation rights immediately after Horie's arrest on Jan. 23, admitted to some of the window-dressing allegations against him when he volunteered himself for questioning by prosecutors, investigative sources said.

Stock Market Trading The Tokyo Stock Exchange is expected to soon decide to delist Livedoor from the Mothers market for start-ups.

Stock Investing For Dummy The hype and bad publicity has damaged the Tokyo Stock Exchange's reputation. Regulators there have never had this much global embarrassment in a stock swindle before. When the scheme was first exposed it caused such heavy trading that it computers at the Tokyo Stock Exchange shut down automatically, halting all trades.

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