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If tweets had disclaimers

If tweets had disclaimers

By Dominic Jones on February 18, 2010

TWITTER is fast becoming an important channel for public companies to communicate with investors, but the platform’s 140-character limit for messages creates compliance challenges that may be preventing more companies from participating.

Posted in Articles | Tagged disclaimers, Investor Relations, law, securities, social media, TweetDeck, Tweetie, twitter, Twitter Inc | 4 Responses

Hundreds of non-US companies targeted for unsponsored ADRs

By Dominic Jones on October 28, 2008

HUNDREDS of foreign companies have suddenly found themselves with new securities in the United States as depositary banks have rushed in the past two weeks to register unsponsored American Depositary Receipts (ADRs) on their shares — in most cases without their consent. Under relaxed new rules that went into effect on October 10 (PDF 1.5MB, [...]

Posted in Articles | Tagged Deutsche Bank, Investor Relations, Rule 12g3-2(b), SEC, securities, unsponsored ADRs | 2 Responses

SEC's new guidance for websites and blogs posted

By Dominic Jones on August 2, 2008

THE US Securities and Exchange Commission (SEC) has published its 47-page interpretive release that explains how companies can use their websites and blogs to meet its requirements for public disclosure under Regulation FD. Here’s a Scribd version of the complete release, which can also be downloaded in PDF from the SEC’s website. See my initial [...]

Posted in Articles | Tagged annual reports, blogs, Compensation, corporate governance, disclosure, disclosure documents, earnings, EDGAR, electronic delivery, feedback, feeds, finance, financial information, financial reporting, forums, insider trading, Internet, Investor Relations, investor relations website, IR websites, law, management, market participants, new york stock exchange, newswires, nyse, proxy statement, quarterly reports, rss, SEC, securities, securities act, securities and exchange commission, strategy, technology, usability, XBRL, XML | 9 Responses

The downside of suing stock analysts

By Dominic Jones on July 22, 2008

BANKATLANTIC Bancorp, Inc. (NYSE:BBX) is embarking on a risky strategy by suing a veteran bank analyst for defamation and negligence after he included the company in a research report that ranked 107 U.S. financial institutions on the chances of them going bust. Yesterday, the bank holding company filed a lawsuit in the state court for [...]

Posted in Articles | Tagged analyst, Bloomberg, Forbes, indymac bancorp, Investor Relations, Ladenburg, ladenburg thalmann, nyse, Richard X. Bove, securities, strategy, The Street, wall street journal | 1 Response

IROs, not regulators should quash rumors

By Dominic Jones on July 8, 2008

THERE is a growing chorus of calls for regulatory action in the United States against traders who spread false rumors to manipulate stock prices, but I think at least half of the problem lies with companies themselves — and poor investor relations practices in particular. In today’s New York Times, Dealbook writer Andrew Ross Sorkin [...]

Posted in Articles | Tagged corporate communications, credibility, disclosure, FAQs, finance, HBOS, hedge funds, Internet, Investor Relations, investor relations website, ir communications, jpmorgan, lehman brothers, market participants, market rumors, new york times, progressive corp., SEC, securities | 2 Responses

SEC posts text of proposed XBRL rule

By Dominic Jones on May 30, 2008

JUST in time for the weekend, the US Securities and Exchange Commission (SEC) today posted the full text of the proposed rules for mandatory XBRL filings for domestic and foreign public companies. The proposed rules (embedded below) apply to domestic and foreign public companies that prepare their financial statements according to U.S. GAAP, and foreign [...]

Posted in Articles | Tagged annual report, annual reports, financial information, financial statements, foreign private issuers, gaap, IASB, interactive data, law, liability regime, quarterly reports, rule proposal, SEC, securities, securities act, securities and exchange commission, us sec, usgaap, XBRL | 2 Responses

IR research the Web 2.0 way — free!

By Dominic Jones on April 8, 2008

AS THE US first quarter earnings season officially got underway with yesterday’s results from Dow component Alcoa Inc., IR departments were preparing to monitor their peers’ results and release their own numbers. Knowing what competitors are saying and getting a feel for the types of questions analysts are asking can help companies prepare for their [...]

Posted in Articles | Tagged conference calls, earnings, earnings calls, Investor Relations, securities, seekingalpha, transcripts | Leave a response

How to fix e-proxy

By Dominic Jones on April 4, 2008

A WEEK ago, I called the US Securities and Exchange Commission’s (SEC) notice-and-access process for delivering annual meeting materials on the web “one gigantic flop from an investor protection perspective.” I think it’s worth beating that drum a little louder in light of the latest statistics from Broadridge Financial Solutions showing a sharp drop in [...]

Posted in Articles | Tagged communications, corporate websites, disclosure, e-proxy, financial reporting, Investor Relations, IR websites, management, NIRI, notice-and-access, online communications, SEC, securities, shareholder relations, technology, usability, XBRL | Leave a response

SEC adds free news feeds to EDGAR

By Dominic Jones 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

Did e-proxy figure in Apple's surprise say-on-pay loss?

By Dominic Jones on March 5, 2008

APPLE Inc. (NASDAQ: AAPL) has been a market darling over the past 18 months, so some observers are surprised that a majority of the firm’s shareholders have voted against the board for a say in the firm’s executive pay practices. The voting results were not released by the company, but it was reported at yesterday’s [...]

Posted in Articles | Tagged disclosure, e-proxy, finance, Investor Relations, microsoft, nasdaq, notice-and-access, rss, SEC, securities | 6 Responses

Earnings releases — the Warren Buffett way

By Dominic Jones 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

SEC posts foreign firm exemption proposals

By Dominic Jones on February 22, 2008

THE US Securities and Exchange Commission yesterday posted the proposed rules exempting foreign companies from registration if they meet certain requirements, including posting English disclosures on the Web. The SEC staff are seeking comments on the proposed rules until April 25. I’ve already submitted one idea, which is to require foreign firms to offer investors [...]

Posted in Articles | Tagged communications, disclosure, rss, SEC, securities | Leave a response

Firms blame Broadridge, SEC for e-proxy snafus

By Dominic Jones on February 20, 2008

REPRESENTATIVES of three US companies that have used the e-Proxy default electronic delivery process in recent months have laid blame for low retail investor turnout on Broadridge Financial Solutions and the Securities and Exchange Commission (SEC). The companies say the notices that Broadridge is sending to investors urging them to go online to view their [...]

Posted in Articles | Tagged e-proxy, Investor Relations, microsoft, notice-and-access, SEC, securities, usability | 6 Responses

CESR takes baby step to European EDGAR

By Dominic Jones on February 19, 2008

THE Committee of European Securities Regulators (CESR) has announced that it will take the first step towards creating a pan-European regulatory database network of issuer disclosures as required under the Transparency Directive. The move will be made as part of improvements to the MiFID database that was established last year to provide a public list [...]

Posted in Articles | Tagged disclosure, EDGAR, SEC, securities | Leave a response

SEC releases Financial Explorer for XBRL

By Dominic Jones on February 19, 2008

THE US Securities and Exchange Commission is hoping to boost private sector development of XBRL tools for investors with the launch of a new graphic-rich interactive data viewer. The Financial Explorer application will be released under an open-source license to enable developers to create tools for investors to read and analyze company financial reports tagged [...]

Posted in Articles | Tagged earnings, feeds, financial reporting, IR websites, microsoft, rss, SEC, securities, XBRL | Leave a response

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