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FAS 157, the controversial fair accounting rule, will be the topic of a roundtable today at the Securities and Exchange Commission. As you know, the rule has become the center of much controversy,... Read more...
Speculation was heavy that Lehman might make some sort of early earnings announcement. As it turns out, the embattled firm some guidance on Monday, confirming the many predictions it would lose money... Read more...
This qualifies as a good sign. The roadshow for the first $5 billion in First Data bonds is underway, and demand appears to be strong. According to the AP, guidance on the total $13 billion of loans... Read more...
First-quarter earnings have been much stronger than people thought. Earnings will be 10 percent higher, it seems, than the expected 3 percent. Upside surprises have been announced in droves. And... Read more...
There has been a pretty active movement as of late to force public pensions to divesting from companies that are active in countries thought to be sponsors of terror, notably Iran. But despite... Read more...
More than 60 percent of the CFOs polled in a survey recently by Financial Executives International agree that public companies should stop offering quarterly earnings guidance. A lot of companies... Read more...