Cool ticker symbol up for grabs
SOFTWARE company BladeLogic, which went public last July, has one of the hippest ticker symbols going: BLOG. But now that the company is being acquired by BMC Software (NYSE: BMC) those funky four letters are up for grabs. One problem, though. The way the US IPO market has been doing so far this year, it [...]
We've acquired Thomson Financial's IR website business
Please note the date of this post (and the many clues throughout) should tell you it can’t be trusted. AFTER several weeks of intense negotiations, I’m proud to announce today that my company last night signed a binding agreement to purchase the investor relations website hosting and webcasting business of Thomson Financial. The Thomson Financial [...]
Business Wire fumbles error on its blog
AS MORE companies add blogs and other social media tools to their online communications, knowing how to handle errors in posts has become an important practice point. Business Wire (BW) is one company that hasn’t yet learned how to do this properly. And that’s a problem because part of BW’s business is advising companies and [...]
Earnings releases — the Warren Buffett way
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 [...]
Sun Microsystems, Inc. confuses me — and Bloomberg
AFTER making a big deal last quarter about no longer relying on paid PR wires to distribute its earnings releases, Sun Microsystems, Inc. (NASDAQ: JAVA) has gone back to the traditional approach this quarter.I cannot find an explanation for why the company has decided to once again issue its earnings release first via a PR [...]
The truth about Sun's Web-first earnings release — Update 3
Note: I’ve added more specifics around the sequence of events around Sun’s release, including adding a screenshot taken from Yahoo! Finance which shows times various news items became available there. I’ve also added a link to a PRWeek article that provides a more balanced report than IR Magazine. I’ve also added an update about Business [...]
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