September 14, 1990 |
Saying that Orange County has become a distinct business center, 30 local investor relations officials said Thursday that they are breaking away from the Los Angeles branch of a national professional group to form their own chapter. The Orange County group will form the 30th chapter of the National Investor Relations Institute. Most of the charter members of the new chapter are now members of the Los Angeles branch.
July 10, 1996 |
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.
July 25, 2006 |
Two influential think tanks called on companies Monday to stop giving quarterly earnings forecasts, saying they lead to a focus on short-term stock prices instead of long-term value. The recommendations were made by the Business Roundtable Institute for Corporate Ethics and by the CFA Centre for Financial Market Integrity, the policy arm of the CFA Institute, which administers the Chartered Financial Analyst program for analysts and portfolio managers worldwide.
October 3, 2002 |
The Securities and Exchange Commission is preparing a rule to require companies that publish pro forma financial results to explain how those numbers differ from earnings that follow U.S. accounting standards. Pro forma figures, which exclude costs such as merger charges, became popular in the 1990s as many otherwise marginally profitable or unprofitable technology firms tried to make their finances appear more favorable.
November 30, 1990 |
JoAnne Martz, investor relations specialist at Emulex Corp., was listening intently Thursday as experts discussed how best to deal with Wall Street and shareholders during uncertain economic times. The experts seemed to agree on some things: Times are tough; the economy is slowing; investors are jittery, and the near-term outlook for Wall Street is, well, anybody's guess.
April 26, 2001 |
"Sell" is a four-letter word on Wall Street. And the reason only 1% of analysts' investment recommendations are "sells" is another four-letter word: "fear." At least that was the finding of a new poll of almost 1,000 analysts and research salespeople. Eighty-eight percent of brokerage analysts said the companies they cover would retaliate against a sell recommendation by cutting their firms out of lucrative stock offerings and merger deals.