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Annual Reports

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BUSINESS
March 2, 1997 | CHARLES A. JAFFE
One of the things you pay a mutual fund for is its annual report. Postage and production costs are a small piece of a fund's expenses, but they are a cost of doing business that comes out of your pocket. So if you don't read the reports and proxy statements that your fund, by law, must send out, you are both wasting your money and missing out on a resource. Fund companies are producing more readable, plain-English documents these days.
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BUSINESS
July 22, 2013 | By Paresh Dave
Cyberattacks may be draining as much as $140 billion and half a million jobs from the U.S. economy each year, according to a new study that splashes water on a previous estimate of $1 trillion in annual losses. “That's our best guess,” said James Andrew Lewis, the director of the technology and public policy program at the Center for Strategic and International Studies. The center completed the study with the help from cybersecurity giant McAfee and came up with the new figures by relying on models, such as those used to estimate the economic effects of car crashes and ocean piracy, instead of surveys of companies.
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BUSINESS
July 10, 1996 | GREG JOHNSON
The Orange County chapter of the National Investor Relations Institute recently handed out awards to the top finishers in its fourth annual annual-report contest. Sunrise Medical Inc. won the top award for a report design that blended financial numbers and the "human elements of the business." Other award winners were: Pacific Mutual Life Insurance Co. for the best "summary" report; Beckman Instruments Inc. for the best design; Fluor Corp.
WORLD
May 10, 2013 | By Robyn Dixon
JOHANNESBURG -- Africa loses the benefit of billions of dollars each year through illegal tax evasion, money transfers and secretive business deals, more than all the money coming into the continent through aid and investment, according to a report released Friday. About $63 billion is lost annually, the 120-page Africa Progress Report states, and despite the continent's surging economic growth fueled by the global resources boom, poverty and inequality has worsened in many resource-rich African countries.
CALIFORNIA | LOCAL
January 21, 1994
School accountability report cards for all schools in the city are available to the community. Mandated by state law, the annual reports are compiled by committees of teachers, administrators, parents, students and staff.
BUSINESS
August 23, 1992 | CARLA LAZZARESCHI
Q: I am trying to become a more knowledgeable investor. Is there some place or some resource to which I can turn to get trained in how to read and understand an annual report? --J.M. A: There are many sources for the information you want. The New York Stock Exchange offers the Individual Investor Information Kit, which includes a pamphlet called Understanding Financial Statements.
BUSINESS
November 6, 1991 | KATHY M. KRISTOF
Many an investor has felt bamboozled after reading an upbeat "chairman's message" in an annual report issued by a publicly held corporation. If the company is doing so well, why is the stock price languishing and the dividend getting cut, some might wonder. The problem is that consumers often believe that what they see is what they get, industry experts say.
BUSINESS
February 20, 2007 | From Bloomberg News
CEC Entertainment Inc., the operator of Chuck E. Cheese restaurants, said it would fail to file its annual report by the March 1 due date as the company works to properly account for past stock option grants. Instead, Irving, Texas-based CEC Entertainment will report its results for the fourth quarter and year ended Dec. 31 after the market closes March 6.
CALIFORNIA | LOCAL
July 24, 1991
The Los Angeles County Board of Supervisors Tuesday unanimously called on the County Transportation Commission to halt production of a 36-page annual report that could cost up to $130,000. Supervisor Mike Antonovich, who authored the motion, said the money for the glossy report could better be spend on transit programs.
BUSINESS
December 31, 2003 | From Bloomberg News
Micromuse Inc., whose software detects failures in telephone networks, said Tuesday that it was delaying its 2003 annual report because of an internal accounting inquiry. The probe, related mostly to expense recognition, probably will lead to a restatement of results for fiscal years 2000 through 2003, Chief Executive Lloyd Carney said during a conference call. The company's fiscal year ends Sept. 30. The inquiry will result in new costs of about $2 million in the first quarter ending today, San Francisco-based Micromuse said.
AUTOS
March 25, 2013 | By Ronald D. White
The woeful condition of California's road surfaces is costing drivers $13.9 billion a year in repairs and operating costs, according to a new report by the American Society of Civil Engineers (ASCE). Clark Barrineau, manager of state public relations for ASCE, said that the $13.9 billion figure came from an analysis done by TRIP, a national transportation research group. Barrineau said that the $13.9 billion represented what the state's drivers were paying for repairs and operation costs that they would not have incurred if they were driving on roads in good condition.
BUSINESS
February 6, 2013 | By Charles Fleming
How big is the motorcycle business? Big. Multibillion-dollar big. Motorcycling accounted for more than $10 billion in total sales of gear, accessories and vehicles in the United States in 2012, according a report released by the Outdoor Assn., which tracks the economy of outdoor leisure activities. Sales of "trip-related" products and services -- food, lodging, transportation and such -- totaled another $32.5 billion. The "ripple effect" of dollars generated by motorcycle enthusiasts -- including wages paid in the manufacturing and service industries related to two-wheel sports -- accounted for more than $102 billion.
BUSINESS
November 21, 2012 | By Tiffany Hsu, Los Angeles Times
Days before the annual mob scene that is Black Friday, a consumer advocacy group urged parents to take a closer look at the Christmas toys they're gearing up to buy. Several popular products may pose safety risks to children, according to the 27th annual "Trouble in Toyland" report from the U.S. Public Interest Research Group, which visited toy chains, malls and dollar stores this fall looking for potentially dangerous playthings. Among the findings that caused concern: plastic play food sold at Wal-Mart and Toys-R-Us that could constitute a choking hazard; balloons from a dollar store marketed to 1-year-olds, even though experts recommend that balloons be restricted to children older than age 8; and a Dora the Explorer guitar at Target that may pose a hearing risk with prolonged exposure.
BUSINESS
October 31, 2012 | By Andrea Chang
Apple released its annual report Wednesday, an 82-page filing that gives insights into its future plans and views on the competition. Here are some highlights: -- Apple said it is confronted by "aggressive competition" in all areas of its business and expects it to "intensify significantly" as rivals attempt to "imitate some of the features of the company's products and applications within their own products or, alternatively, collaborate with...
BUSINESS
October 25, 2012 | By Tiffany Hsu, Los Angeles Times
If you're a Democrat, you're likely to be a fan of Google, Amazon.com and PBS, while Republicans bestow favor on Fox News Channel, Chick-fil-A and Johnson & Johnson. At least those are the findings of the consumer research firm YouGov in its annual report on the brands that people of different political persuasions like. Although Democrats and Republicans differ a great deal in their favorite brands, there is middle ground - members of both political groups enjoy Cheerios, Clorox and Craftsman.
BUSINESS
February 23, 2012 | By Chad Terhune, Los Angeles Times
California's annual report card on many of the state's HMOs and other health insurance plans gave most of those rated high marks for customer satisfaction but said they needed to improve treatment for lung disease, attention-deficit disorder and throat infections in children. The state said more than a third of consumers expressed problems with how the companies resolved complaints. The report, released Wednesday by the state Office of the Patient Advocate, rated California's nine largest health maintenance organizations, six largest preferred provider organizations and 212 medical groups representing 16 million consumers with private health plans.
BUSINESS
November 9, 1998 | KAREN KAPLAN
There may not be many ways to jazz up a corporation's annual report, but an Encino start-up thinks it has found one method: Put it on a CD-ROM. Reading columns of numbers on a computer screen isn't necessarily an improvement over reading columns of numbers on paper. So Digital Corporate Profiles augments the annual report with video clips, graphics and music to tell a company's story.
BUSINESS
May 10, 1990 | PAUL NOWELL, ASSOCIATED PRESS
Tom Rosencrants finds it incredible that some people who invest their hard-earned money in a company take less than an hour to read the firm's annual report. But in most cases, the investment expert says, that's just what happens. "The typical small investor doesn't know how to get the most value out of reading an annual report," he said. "They don't know the red flags or the important things to look for. They thumb through it and look at the pictures."
CALIFORNIA | LOCAL
February 9, 2012 | By Tony Barboza, Los Angeles Times
Shark attacks continued to decline in the United States last year, but worldwide fatalities doubled, jumping to their highest level since 1993, according to a report released Tuesday. Of the 75 shark attacks around the globe in 2011, a dozen were fatal, up from six the year before, according to the annual report by the International Shark Attack File, which is compiled by the Florida Museum of Natural History at the University of Florida. The United States, with 29 shark attacks but no deaths, continued a decade-long decline in attacks, all the more notable because shark numbers have been slowly rebounding since the 1990s.
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