Intel's e-proxy is best so far
FINALLY! After almost nine months of watching a depressing procession of 200-odd companies botch things, Intel Corporation yesterday showed that it groks the SEC’s new default electronic delivery process for e-proxy materials. The technology giant is the first company using the new notice-and-access option that we’ve seen provide both an online annual report and a [...]
Yahoo!'s latest inspiration: snail mail
I THOUGHT I wouldn’t have to write about the Microsoft-Yahoo! takeover saga again after likening the investor relations communications around it to watching two drunks wobbling and slurring their way through a back alley rumble. But I can’t resist. A couple of hours ago, the great Web pioneer and innovator that is Yahoo! fired off [...]
A mock "notice-and-access" earnings release
FOLLOWING up on my earlier post about a “notice-and-access” concept for disclosure news releases as a way to cut costs for issuers, I thought it would be interesting to put together a mock release based on an actual company’s quarterly results.Merck & Co., Inc. (NYSE: MRK), the pharmaceutical giant, reported Q3 2007 earnings earlier today [...]
Business Wire, Yahoo! roll out readable releases
AFTER almost of decade of putting up with archaic news release text and garbled financial tables, Yahoo! Finance users may finally be getting company news releases they can easily read and reuse. Yesterday, I noticed that the world’s most popular finance website is using Business Wire‘s XHTML-based newsfeed, potentially ushering in a new era of [...]
Use links instead of directions in new releases
MANY IR news releases waste investors’ time unnecessarily because companies don’t provide direct links to webcasts and other information on their websites. Look at the screenshot below of restaurant chain Denny’s (NASDAQ: DENN) recent announcement about its upcoming earnings call. The sentences I’ve highlighted tell investors how to find the call on the company’s website. [...]
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