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Advisory news releases are catching on

By IR Web Report on July 6, 2010

A GROWING number of US companies are cutting costs and driving more traffic to their investor relations websites by using PR wire services to distribute alerts and links instead of full-text press releases.

Posted in Articles | Tagged earnings releases, Investor Relations, investor relations website, news releases, press releases, reg fd, web disclosure | 1 Response

SEC greenlights "notice-and-access" news releases

By IR Web Report on August 8, 2008

THE US Securities and Exchange Commission’s (SEC) new guidance for company websites gives investor relations departments an opportunity to cut their disclosure costs and boost traffic to their websites by using “notice-and-access” news releases for Regulation FD. Although the SEC’s guidance goes so far as to say that “some companies” may not need to use [...]

Posted in Articles | Tagged disclosure, disclosure practices, earnings, EDGAR, feeds, hedge funds, Internet, Investor Relations, investor relations website, ir departments, IR websites, national investor relations institute, news releases, NIRI, notice-and-access, nyse, rss, SEC, securities and exchange commission, shareholder.com, technology, Thomson Reuters, twitter, us sec | 4 Responses

SEC to rule soon on websites for Reg. FD

By IR Web Report on June 25, 2008

THE US Securities and Exchange Commission (SEC) is expected to address within the next three months whether companies can meet their obligations under Regulation FD by posting information on their corporate websites and in RSS feeds, according SEC Chairman Chris Cox. The issue is among three areas that the SEC’s  Advisory Committee on Improvements to [...]

Posted in Articles | Tagged blogs, conference calls, corporate websites, disclosure, e-proxy, financial reporting, IR websites, liability, news releases, regulation fd, rss, securities and exchange commission, sun microsystems | 6 Responses

SEC proposes rule to make XBRL mandatory

By IR Web Report on May 15, 2008

THE US Securities and Exchange Commission (SEC) is proposing a rule for all companies to file their annual and quarterly reports in eXtensible Business Reporting Language (XBRL) on a staged basis over the next three years. Under the proposal, the 500 largest companies — including foreign firms that use US GAAP — will begin filing [...]

Posted in Articles | Tagged annual reports, disclosure, EDGAR, EDGAR Online, financial reporting, footnotes, ir magazine, IR websites, James Lopez, Morningstar, news releases, SEC, SEC filings, securities and exchange commission, Standard & Poor's, technology, Thomson Reuters, WebCPA, XBRL | 3 Responses

Is there a disclosure issue here?

By IR Web Report on April 4, 2008

TAKE a look at these news releases put out this week by two New York Stock Exchange-listed companies about awards they’ve received for their investor relations websites and their disclosure practices. The first is from Gol Linhas Aereas Inteligents SA, the airline firm listed on the NYSE under the symbol GOL. SAO PAULO, Brazil, April [...]

Posted in Articles | Tagged Bloomberg, communications, corporate governance, disclosure, disclosure practices, finance, financial communications, gol linhas aereas inteligentes, Investor Relations, IR websites, IRGR, management, mz consult, new york stock exchange, news releases, PRNewswire-FirstCall, Richard Lark, SAO PAULO, SEC, TAM, yahoo | Leave a response

SEC adds free news feeds to EDGAR

By IR Web Report on March 31, 2008

IN A move that portends dramatic changes in how disclosures are disseminated online, the US Securities and Exchange Commission (SEC) has added news feeds for every issuer and reporting person who files with the commission’s EDGAR database. The development is potentially bad news for news release distributors such as Business Wire, owned by Berkshire Hathaway, [...]

Posted in Articles | Tagged disclosure, EDGAR, feeds, finance, financial reporting, microsoft, news releases, notice-and-access, rss, SEC, securities, XBRL, yahoo | 2 Responses

Talking about transparency

By IR Web Report on March 26, 2008

I WAS interviewed for 45 minutes last Friday by well-known communications consultant Shel Holz for a book he is co-authoring on the topic of “practical transparency.” Shel is one of the thought leaders on the topic of communications and technology. He has written and spoken about it extensively over the years, in various books, reports, [...]

Posted in Articles | Tagged blogs, communications, conference calls, management, microsoft, news releases, technology, transcripts | Leave a response

Earnings releases — the Warren Buffett way

By IR Web Report on February 24, 2008

WHILE his competitors lavish huge fees on his PR wire service, frugal billionaire Warren Buffett’s Berkshire Hathaway is being thrifty by keeping its earnings releases short and referring investors to complete disclosures on the company’s website. Ironically, management at Business Wire, acquired by Buffett in March 2006, has argued vehemently against other companies following its [...]

Posted in Articles | Tagged blogs, disclosure, earnings, finance, Investor Relations, IR websites, management, microsoft, news releases, NIRI, notice-and-access, SEC, securities, wordpress | 14 Responses

Takeover bid sites, old-economy style

By IR Web Report on February 12, 2008

WITH tech titans Microsoft (Nasdaq: MSFT) and Yahoo! Inc. (Nasdaq: YHOO) poised for a brawl, it might be useful for the two to see examples of companies that are right now using the Web to effectively present their bid propaganda. Ironically, the examples I have to share, whipped up after a quick Google News search [...]

Posted in Articles | Tagged microsoft, nasdaq, news releases, SEC, SEC filings, technology, transcripts, yahoo | 1 Response

Microsoft, Yahoo! IR teams drop ball amid bid

By IR Web Report on February 10, 2008

IF YOU’RE a Microsoft (NASDAQ: MSFT) or Yahoo! Inc. (NASDAQ: YHOO) shareholder, you’ve probably heard the news — thanks in no part to the companies’ investor relations departments. Yes, on February 1, 2008 Microsoft proposed to acquire Yahoo! for $31 per share, apparently comprised of half cash and half Microsoft shares, or something like that. [...]

Posted in Articles | Tagged blogs, disclosure, EDGAR, Investor Relations, IR websites, management, microsoft, nasdaq, news releases, rss, SEC, SEC filings, shareholder.com, technology, yahoo | 2 Responses

NYSE's antiquated Timely Alert Policy

By IR Web Report on January 20, 2008

THE NEW YORK STOCK EXCHANGE wrote to its listed companies last week to remind them of their disclosure obligations, including its policy around issuing news releases about material information. The exchange said that it “feels strongly that its longstanding policy of requiring a press release for the dissemination of material corporate information is in the [...]

Posted in Articles | Tagged Bloomberg, disclosure, feeds, finance, news releases, rss, SEC, yahoo | 1 Response

My gibberish was first, no mine was

By IR Web Report on December 10, 2007

PERHAPS I shouldn’t be so flippant about XBRL, a technology that almost everyone seems to think is a big deal, but I’m more turned on by the offbeat side of events around the financial tagging language than the serious stuff. Unless you’ve been living under a rock, you probably know that the XBRL U.S. GAAP [...]

Posted in Articles | Tagged blogs, EDGAR, finance, Investor Relations, management, microsoft, news releases, SEC, SEC filings, securities, technology, XBRL, yahoo | 7 Responses

Lululemon takes the PR low road

By IR Web Report on November 16, 2007

Updated: Canada law enforcement agency moves against company, which agrees to pull “therapeutic and performance” claims from clothing tags. EARLIER this week, I wrote about how a short-seller had inspired The New York Times to conduct lab tests that found no evidence of seaweed content in clothing sold by Lululemon athletica (NASDAQ:LULU). In the prospectus [...]

Posted in Articles | Tagged law, management, nasdaq, news releases, rss, SEC, technology, yahoo | 2 Responses

Most popular posts in October

By IR Web Report on October 31, 2007

HERE’s a list of the most visited posts on this blog over the past month based on page views as recorded by Google Analytics. During the month, we passed a milestone of sorts with 500 posts since we started this blog.   1. SEC’s notice-and-access model is a mess 2. Great Online Annual Report Designers 3. [...]

Posted in Articles | Tagged e-proxy, earnings, finance, microsoft, news releases, notice-and-access, SEC, yahoo | Leave a response

A mock "notice-and-access" earnings release

By IR Web Report on October 22, 2007

FOLLOWING up on my earlier post about a “notice-and-access” concept for disclosure news releases as a way to cut costs for issuers, I thought it would be interesting to put together a mock release based on an actual company’s quarterly results.Merck & Co., Inc. (NYSE: MRK), the pharmaceutical giant, reported Q3 2007 earnings earlier today [...]

Posted in Articles | Tagged disclosure, earnings, feeds, finance, IR websites, nasdaq, news releases, notice-and-access, rss, URLs, xhtml, yahoo | 6 Responses

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