In proxy voting messes, Broadridge a common denominator
AN ADMISSION from Broadridge Financial Solutions Inc. (NYSE:BR) that a basic system glitch caused it to undercount votes against directors in Yahoo! Inc.’s contentious annual meeting is just the latest in a string of recent problems where the company has been implicated. Questions were raised about the outcome of the Yahoo! meeting — perhaps the [...]
The downside of suing stock analysts
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 [...]
At Google Finance, Google's profit miss not news
BIZARRE is the only way to describe the screenshot below of Google Finance’s homepage this morning — the day after the search giant reported earnings that missed analyst forecasts and sent its shares tumbling more than 7% in after-hours trading. By all accounts, Google Inc.’s (NASDAQ:GOOG) earnings miss was big news. It is on the [...]
CEO pay disclosures dense as academic texts
DESPITE rules that say they must be in plain English, the average executive pay report filed by U.S. companies so far this year is as hard to read as an academic paper, a survey by IR Web Report has found. Under U.S. Securities and Exchange Commission (SEC) rules passed last year, companies must for the [...]
Cox’s blog post gets 10x more media mentions than official release
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 [...]
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