WHEN Google Inc. (NASDAQ: GOOG) CEO Eric Schmidt announced that he was stepping aside from the top management job at the company, he did so in a way that provides a blueprint for the use of social media in official public company disclosures. Instead of the traditional approach of announcing the move in a news [...]
…
IF AN earnings release distributed by a PR wire on behalf of the world’s most-watched public company fails to arrive on the world’s biggest investing website and no one notices, does anyone pay attention to press releases anymore? That’s precisely what happened January 18 when Apple Inc. (NASDAQ:AAPL) reported its first-quarter earnings amid intense investor [...]
…
IF AN earnings release distributed by a PR wire on behalf of the world’s most-watched public company fails to arrive on the world’s biggest investing website and no one notices, does anyone pay attention to press releases anymore? That’s precisely what happened January 18 when Apple Inc. (NASDAQ:AAPL) reported its first-quarter earnings amid intense investor [...]
…
NETFLIX, Inc. (NASDAQ:NFLX) will become the latest in a growing list of companies to use its website as its primary channel for financial disclosure when it publishes its fourth-quarter results later this month. In an announcement yesterday, the $9.8 billion market-cap company said it will use the so-called “advisory release model” to publish its next [...]
…
IN MANY ways, the annual JP Morgan Healthcare Conference held each January in San Francisco is a barometer on the state of investor interest in the healthcare sector. And with this year’s attendance up smartly to more than 8,700 attendees and 350 presenting companies, things are looking decidedly upbeat. But the conference is also a [...]
…
THE 90’s brought us faster computers, high-speed Internet access and online retail trading, all of which contributed to an increased awareness of the disparity between market information available to professional and retail investors. To address this disparity, in December 1999, the Securities and Exchange Commission (SEC), in keeping with its mandates of investor protection and [...]
…
A TEAM of German researchers from Goethe University Frankfurt have published a study that finds evidence to suggest that corporate executives are sharing material, non-public information in private earnings calls and conferences with select groups of invited analysts. The authors point out that there is no European equivalent of Regulation FD in the United States, [...]
…
by Cathy Baron Tamraz, Chairman & Chief Executive Officer, Business Wire Records are meant to be broken. Rules, on the other hand, aren’t. And when those rules have a direct impact on both the fairness and workings of our financial markets, then an even higher standard of accountability is in order. Unfortunately, it is becoming [...]
WITH the third-quarter earnings season fast approaching now is the time to begin planning an advisory release process for your next earnings announcement. Implemented properly, this process enables companies to communicate their results more effectively, level the playing field between investors, offer a more engaging experience for investors and analysts, and cut their disclosure costs. [...]
…
NOW that we’ve shown that PR wire services can’t guarantee simultaneous access to disclosure information for all investors, let’s look at why it matters and what you can do to treat all shareholders fairly. Of course, some might argue that an 80-second difference between when Wall Street gets material news and when the rest of [...]
…
