Tag Archives: web disclosure

Web Spiders: Enough to Make Investors’ Skin Crawl

by Neil Hershberg, Senior Vice President, Global Media Forget about bedbugs. The real threat to anyone involved in the financial markets these days is spiders – and I’m not talking about the eight-legged variety. Spiders — sophisticated web-crawling software – are seemingly rampant on Wall Street, wreaking havoc in the financial markets, and yielding big [...]

IR website vendors explain how they prevent disclosure leaks

FOUR service providers who together host the majority of investor relations websites in North America have expressed confidence that their systems are secure following high-profile leaks of unpublished earnings information in recent weeks. None of the companies’ products were party to the leaks at The Walt Disney Company (NYSE: DIS) or at NetApp Inc. (NASDAQ: [...]

Disclosure: The Dawning of the Age of Precarious – Let the Sunshine Back In

by Cathy Baron Tamraz, Chairman and Chief Executive Officer, Business Wire Once upon a time, in the Year 2000, a wonderful law was passed that protected the interests of all investors in our great land. You may have heard of it; it was called Regulation Fair Disclosure.  Thanks to the great mind of Arthur Levitt, [...]

When is Disclosure not Disclosure?

by Gregg A. Castano, President, Business Wire   Forget about level playing fields, Regulation FD, interpretive guidance and recognized disclosure channels. What about good, old-fashioned EFFECTIVENESS? Have we entered a bizarro world in which simultaneously making material information available to millions of investors via every conceivable communications method known to modern man has somehow become [...]

Microsoft Needs To Get its Head Out of the Cloud When it Comes to Disclosure

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 [...]

Microsoft latest to dump PR wires for earnings releases

MICROSOFT corporation (NASDAQ: MSFT) has become the latest high-profile company to end the decades-old practice of using a paid PR wire service to distribute its quarterly earnings announcements – a move that acknowledges the real-time capabilities of the web. The technology leader joins search giant Google and a growing list of other companies in moving [...]

Australian retail investors aren’t shunning social media

NEWS today from the Australasian Investor Relations Association (AIRA) that only 7% of retail investors say they monitor social media for investing purposes has been wrongly interpreted as a rejection of social media as an information source. The fact is, these results need to be put into context. Retail investors in Australia are highly unlikely [...]

Reporting earnings, HP style

WHEN Hewlett-Packard Company (NYSE:HPQ) reported its third-quarter earnings last week it did so using a wide range of new and traditional media in a reporting event that shows how complex online corporate reporting has become with the advent of social media. The event also marked the first time that the new StockTwits IR service has [...]

CEO’s online video mea culpa boosts investment — study

A NEW study has found that when CEOs take responsibility for financial restatements and deliver the bad news via online video, investors’ trust in management rises and they recommend larger investments in the firm. Researchers designed a simulation using a former television news presenter posing as a CEO. They found that when he accepted full [...]

Reporting earnings, Cisco style

EARNINGS reporting practices are evolving and becoming more complicated as companies increasingly integrate social media channels into their distribution circuits — and one good example is the closely watched technology bellwether Cisco Systems Inc. (NASDAQ:CSCO) Yesterday, Cisco reported its Q4 2010 results after the regular Nasdaq trading hours but during a very active after-hours session [...]