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NYSE, NASDAQ move to scrap compulsory news releases

By Dominic Jones on April 16, 2009

THE New York Stock Exchange (NYSE) and NASDAQ plan to eliminate rules that currently require listed companies to issue press releases when disclosing important information. The NYSE has filed a proposed rule change (PDF 503KB, 18 pages) to amend its Listed Company Manual to allow listed companies to comply with its immediate release policy by [...]

Posted in Articles | Tagged Investor Relations, nasdaq, nasdaq stock market inc, new york stock exchange, regulation fd, securities and exchange commission, wire services | 6 Responses

Why I’m nervous for BGC and its next earnings release

By Dominic Jones on February 11, 2009

BGC Partners, Inc. (NASDAQ: BGCP), a small-cap inter-dealer broker of financial instruments, is taking the bold step of using the notice-and-access approach with its next earnings release on February 26 — but I think they should reconsider. On Monday, the company issued a news release announcing the following: “In compliance with the U.S. Securities and [...]

Posted in Articles | Tagged disclosure, Investor Relations, newswires, notice-and-access, reuters, Robert MacMillan, SEC, technology, Thomson Reuters, U.S. Securities and Exchange Commission, web disclosure, wire services | 4 Responses

Is Thomson's IR/PR business for sale?

By Dominic Jones on May 16, 2007

By Dominic Jones I DREW attention yesterday to the fact that Thomson Financial’s corporate investor relations and public relations businesses don’t fit well in the structure outlined in the Thomson-Reuters acquisition announcement. According to the companies, the combined Reuters and Thomson Financial business will be guided by journalistic principles, such as integrity, independence and freedom [...]

Posted in Articles | Tagged ADP, broadridge financial solutions inc, communications, corporate communications, CorporateNews Group, Europe, finance, Investor Relations, nasdaq, pr newswire, privacy, public relations, reuters, rss, shareholder.com, strategy, thomson financial, wire services | 2 Responses

Subject to risks and uncertainties, here's our new IRO

By Dominic Jones on May 11, 2007

By Dominic Jones HERE’s a great example of “over-disclaimering,” which is the senseless practice of slapping disclaimers on things that don’t need them. The most common example is when companies include disclaimers about forward-looking statements (FLS) in news releases that don’t include any forward-looking statements. Sometimes the disclaimer portion of the news release is longer [...]

Posted in Articles | Tagged disclosure, EMI Music Publishing, Euronext 100, Europe, finance, Financial services, Hugin ASA, India, Investor Relations, Kevin Entricken, law, Market Wire, Montclair State University, Nancy McKinstry, news releases, NYSE Euronext, Oya Yavuz, SEC, wire services, Wolters Kluwer | Leave a response

We don't need PR wires for Reg. FD

By Dominic Jones on March 27, 2007

By Dominic Jones PROPONENTS of changing the information distribution requirements of Regulation Fair Disclosure (Reg. FD) say the world is ready to receive disclosures direct via companies’ websites rather than via intermediaries like news release distributors. As evidence, they point to widespread adoption of the Internet and email by investors, plus the availability of new [...]

Posted in Articles | Tagged blogs, communications, disclosure, feeds, Investor Relations, IR websites, Jonathan Schwartz, managing director, newswire services, newswires, poll-pull technology, pr newswire, retail investors, rss, SEC, securities, Steve Messick, sun microsystems, technology, Tim Bray, U.S. Securities and Exchange Commission, web disclosure, web technologies, Web-based disclosure, wire services, wordpress | 11 Responses

Wire services target Euro gold rush

By Dominic Jones on January 23, 2007

Note: After receiving an email from a mutual acquaintance of someone mentioned in the original of this article, I’ve made a minor edit to remove an individual’s name. Seems information was sent to me from Business Wire under the name of an employee per their normal routine, but that individual didn’t personally send it to [...]

Posted in Articles | Tagged blogs, corporate websites, disclosure, Europe, European Commission, European Union, France, Investor Relations, IR websites, managing director, mandatory regulatory wire services, mobile device, newswires, pr newswire, rss, SEC, securities, syndication technologies, technology, wire services | Leave a response

"Social media" wire releases are bogus

By Dominic Jones on January 17, 2007

By Dominic Jones THERE’s a lot of talk these days from the big wire services about “social media news releases.” However, almost all of it is meaningless because people are mostly trying to reinvent something that is actually obsolete. Newswires have latched onto social media releases because they’re looking for ways to stay relevant in [...]

Posted in Articles | Tagged blogs, Delaware, Digg, feeds, main wire services, media news release, media news release builder, media news releases, media releases, media sites, media thing, news releases, newswire services, newswires, pr newswire, rss, search engine, social media, Technorati, Whitley Media, wire services, yahoo | 15 Responses

Nasdaq should get out of press release, website business

By Dominic Jones on December 10, 2006

By Dominic Jones NASDAQ has sparked an uproar among its listed firms and investor relations service providers with a proposal to bundle news releases and website services into its listing fees. We cover the furor over the proposal in a separate story. In this article, I want to address a question posed by at least [...]

Posted in Articles | Tagged blogs, disclosure, Europe, Investor Relations, IR websites, management, market intelligence services, market intelligence tools, nasdaq, news releases, newswire services, PrimeZone, privacy, rss, SEC, securities, shareholder.com, technology, U.S. Securities and Exchange Commission, website services, wire services | 9 Responses

Nasdaq gets black eye over fee hike

By Dominic Jones on December 10, 2006

By IR Web Report Staff (Update added Dec. 14) THE Nasdaq Stock Market has provoked an unprecedented uproar among its listed companies over a proposal to raise its listing fees and force them to pay for investor relations services from firms the exchange owns. In a major embarrassment for the exchange, dozens of investor relations [...]

Posted in Articles | Tagged communications, corporate communications, Darin Sahler, David G. Wallace, David Humphrey, David W. Dunlap, Diane Helland, disclosure, Don Jennings, earnings, EDGAR, EDGAR Online Inc., Endo Pharmaceuticals Inc., Escalade Inc., Eschelon Telecom Inc., FARO Technologies, First Federal Bankshares Inc., Frank Cinatl, Gander Mountain Company, Geoffrey M. Boyd, Georgia, Harvard, Hiland Holdings GP LP, Hiland Partners LP, Incyte Corporation, Independent Bank Corporation, International Speedway Corporation, Investor Relations, Jim Bauer, Jon Olson, K-Tron International Inc., Ken Maples, Kentucky First Federal Bancorp, Kevin Rhodes, law, London Stock Exchange, Mark Borman, Mark E. Reese, market leader, Massachusetts, media outlets, Michael Frank, Michael W. Dosland, Mitchell A. Derenzo, Nadine Padilla, nasdaq, NASDAQ 100, NetBank Inc., news releases, NewStar Financial Inc., Officer, Pamela Murphy, Paul Richins, pr newswire, PrimeNewswire, PrimeZone, PRNewswire, public relations, Quality Distribution Inc., Rancho Cordova, Rich Jeffers, Robert C. Weiner, Robert J. Caso, Robert Shuster, Ronald R. Remick, Scott C. Harvard, Scott Poirier, SEC, securities, Shannon H. Burns, shareholder.com, Shenandoah Telecommunication Company, Shore Financial Corporation, Socket Communications Inc., SumTotal Systems, technology, Terry D Frandsen, Thomas J. Linneman, thomson financial, Treasurer, Utah Medical Products Inc., Warren Buffett, webcast services, wire services, Xilinx Inc. | 4 Responses

Cox's Blog Post Gets 10x More Media Mentions Than Official Release

By Dominic Jones on November 15, 2006

Update: Please see the comments by Dave Armon, COO of PR Newswire at the end of this post. Simon Phipps, Sun Microsystems’ Chief Open Source Officer, has also commented. While neither Simon nor I agree with Dave’s position, his willingness to take us on in such a public forum is a credit to him and [...]

Posted in Articles | Tagged blogs, Bloomberg, Dave Armon, Debbie Weil, disclosure, Enron, FeedBurner, feeds, Google, International Herald Tribune, Investor Relations, IR websites, Jonathan Schwartz, Laura Unger, law, law blogs, mainstream media, mainstream media pick-up, Managing Director of Investor Relations, Marcy Gordon, Mark Hynes, MarketWatch reporter, media mentions, Media Mentions Than Official, media outlets, new york stock exchange, news releases, newswire services, newswires, Paris, pr newswire, rss, search engine, search returns, SEC, securities, Simon Phipps, Siobhan Hughes, Spiegel Inc ., sun microsystems, Sydney Morning Herald, technology, the Washington Post, U.S. Securities and Exchange Commission, wall street journal, wire services, XBRL | 8 Responses

The Perfect Earnings Release For 2006 Can Save You $$$

By Dominic Jones on October 5, 2006

By Dominic Jones (1 update added) WHY do companies issue full-text earnings releases via newswire services? Except for bloating the bottom lines of the newswires, who actually benefits from this practice? Sun Microsystems Inc.’s CEO Jonathan Schwartz has written to the SEC to ask the same thing. I’ve chimed in with how I think companies [...]

Posted in Articles | Tagged blogs, Bloomberg, Dell, earnings, Emma Johnson, finance, HP, Investor Relations, Java, Jonathan Schwartz, Kristi Rawlinson, Linux, management, media outlets, Michael Lehman, nasdaq, newswire services, newswires, pr newswire, reuters, SANTA CLARA, SEC, securities, securities and exchange commission, Sun Microsystems Inc., thomson financial, Tim Bray, U.S. Securities and Exchange Commission, UltraSPARC, wire services, yahoo | 6 Responses

Websites and Blogs Should Be Approved for Scheduled Disclosures

By Dominic Jones on October 5, 2006

By Dominic Jones (1 update added) SUN Microsystems’ CEO Jonathan Schwartz has written to the Securities and Exchange Commission to argue that website postings should be recognized as full and fair disclosure under securities regulations. In essence, he is arguing that by posting material information on its website, a company achieves a level of dissemination [...]

Posted in Articles | Tagged blogs, communications, conference calls, disclosure, earnings, EDGAR, finance, finance websites, Investor Relations, IR websites, Jonathan Schwartz, management, Michael Dillon, news releases, newswires, rss, SEC, securities, securities and exchange commission, sun microsystems, Tim Bray, URLs, web technologies, wire services, XML, yahoo | 10 Responses

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