First quarter earnings

In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S. “Stop quarterly reporting & go to a six month system,” said one. That would allow greater flexibility & save money. I have asked the SEC to study! … [Read more...] about Trump Asks SEC to Study End to Quarterly Earnings Reports to Help Business

“Business conditions remain difficult,” said managing partner George Owens. “The firm is being squeezed on both ends. Clients are tired of paying $300 an hour for a junior associate who knows nothing. Meanwhile, those same junior associates demand $160,000 starting salaries, 18 weeks of paid parental leave, and Swedish massages on Fridays. Something has to give.” … [Read more...] about What a Law Firm Quarterly Earnings Report Would Say

Pointing to a finding by United Kingdom regulators that “rigid quarterly reporting requirements can promote an excessively short-term focus by companies, investors and market intermediaries and impose unnecessary regulatory burdens on companies, without providing useful or meaningful information for investors,” Lipton and co-author Sabastian Niles suggest the SEC should ponder the issue, too. … [Read more...] about Why not eliminate quarterly earnings reports, Wachtell co-founder suggests

The conference call will be the first time Moonves has spoken publicly since a story last week in The New Yorker cited six women with claims of sexual misconduct or assault against the executive. Moonves denied the allegations in a statement to The New Yorker. … [Read more...] about TK DO NOT PUBLISH CBS reports quarterly earnings, CEO Les Moonves to address allegations

The professors also claim that biannual reporting would lead to increased insider trading and earnings management.  Even if they are correct, why draw the line at quarterly reporting?  Why shouldn’t the government mandate monthly, weekly or even daily reporting?  Wouldn’t that reduct the risk of misconduct even more?  The professors don’t explain why quarterly reporting is “just right” in balancing costs and benefits. … [Read more...] about Why Not Let The Market Decide The Frequency Of Earnings Reports