By Dominic Jones on December 14, 2010
STARTING little over a minute ago, we’re introducing a new series to IR Web Report that aims to demystify the laws, rules and regulations that govern what public companies should and should not do on the web when it comes to information about their financial performance and business activities.
By Annica Strahner on November 26, 2010
EARLIER this week, I attended a lunch seminar “IR Excellence: Risks and opportunities in a digital world,” hosted by the Swedish IR association (SIRA), in cooperation with Cision, Grayling and Setterwalls.
By David Brickell on November 23, 2010
A TEAM of German researchers from Goethe University Frankfurt have published a study that finds evidence to suggest that corporate executives are sharing material, non-public information in private earnings calls and conferences with select groups of invited analysts.
By Dominic Jones on September 13, 2010
INVESTORS in UK issuers have a new central online repository for disclosure documents to help them with their research – but the new “national storage mechanism” is useless if you want timely alerts about new disclosures.
By Dominic Jones on April 20, 2010
INVESTOR RELATIONS professionals at hundreds of companies are exposing their firms to potential compliance risks because they have failed to play an active role in monitoring, managing and engaging in their companies’ activities on social networks like Facebook and Twitter.
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.
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 [...]
By Dominic Jones on June 5, 2007
EMBARRASSING is the only word I can think of to describe International Business Machines Corp. (NYSE: IBM), the biggest Blue Chip of them all, getting a public tarring and feathering from the Securities and Exchange Commission (SEC) for trying to manipulate earnings expectations with misleading statements. In a release, the SEC’s Associate Director of Enforcement [...]
By Dominic Jones on March 9, 2007
LAST week, IR Web Report published results of our snap survey of the readability of 40 companies’ new executive pay discussions. We found that the average compensation discussion and analysis section in firms’ most recent proxy statements has the same readability level as a Harvard Law Journal article. They probably would not be understood by [...]
By Dominic Jones on February 14, 2007
WHAT year is it? If you spend your life with your head buried in the New York Stock Exchange’s (NYSE) Listed Company Manual, you might be in a 10-year time warp. Last week, the NYSE issued reminder letters to its listed companies about their disclosure obligations this annual meeting season. Those letters, one for U.S. [...]
By Dominic Jones on October 27, 2006
COMPANYNEWS, a Paris-based newswire and IR services firm owned by the Euronext stock exchange, has published findings from their third study of European company investor relations websites. The study looked at 261 websites of companies in nine leading European indexes and evaluated each for their compliance with a list of criteria. While the study found [...]
By Dominic Jones on October 11, 2006
I WAS reading a hefty academic research report on the Canadian disclosure system when I came across something that stopped me dead in my tracks. The piece that caused my jaw to drop concerned Canada’s repository for regulatory filings. This is called SEDAR, and it’s a sad effort by the country’s provincial securities regulators to [...]
By Dominic Jones on October 5, 2006
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 equal to or better than that [...]