No changes please, we're PR Newswire's Disclosure Advisory Board
PR NEWSWIRE has trotted out its Disclosure Advisory Board (DAB) to say that they do not see companies changing their disclosure practices any time soon in response to the US Securities and Exchange Commission’s (SEC) recent guidance for company websites. They have issued a statement that basically calls for companies to continue to use the [...]
SEC greenlights "notice-and-access" news releases
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 [...]
NIRI's earnings guidance survey makes no sense
I HAVE just updated my post from earlier this week about the disconnect between the guidance practices of public companies and the opinions of investment analysts and portfolio managers about what constitutes best practice. IR Magazine and the National Investor Relations Institute (NIRI) say I am wrong to say IROs are more focused on short-term [...]
History made in Japan
WE “TRAVEL” to Japan regularly as part of our research of how companies around the world are using the web to communicate with their investors. When we first started going there, standards of online IR communication were exceptionally poor. Except for a couple of firms like NTT DoCoMo and Sony, the country’s blue chips as [...]
Is there a disclosure issue here?
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 [...]