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Archive for the 'Earnings quality' Category

Ted Oglove’s thoughts on the current mess…

Tuesday, September 16th, 2008

Yesterday afternoon, I called Thornton “Ted” Oglove, who has been a mentor ever since I cold-called him six years ago when I started working on my book, Financial Fine Print. Though I was really only calling about my trip next week to San Francisco to speak to the CFA Society of SF, the conversation quickly [...]

On Fannie, Freddie and WaMu…

Tuesday, September 9th, 2008

Today’s my first day back from 10 days spent on a remote island off the coast of Maine and my inbox has been inundated with questions about Fannie (FNM), Freddie (FRE) and Washington Mutual (WM), all of which lost their CEOs, not to mention billions of dollars in shareholder equity. Everyone — even my mom, [...]

What’s been going on at Pioneer?

Friday, August 22nd, 2008

Now that the SEC has embraced Twitter and issued new rules on the use of corporate web sites, you’d expect all sorts of companies to be jumping in with both feet. But that’s not exactly the case at Pionner Drilling (PDC).
Yesterday, after the market closed, the company filed this short 8K that was packed with [...]

Paris Hilton’s romp through SEC filings…

Monday, August 11th, 2008

Last week, we learned that Paris Hilton has a strong sense of irony. And on Friday, during a conference call following Sally Beauty’s third quarter earnings, we learned that Paris has some other hidden talents as well. Here’s what Sally President and CEO Gary Winterhalter had to say about Paris:
As you recall, in May we [...]

Scholastic puts the blame on “Do Not Call Registry”…

Thursday, July 31st, 2008

Of all the creative excuses that companies tend to come up with when earnings disappoint, or when earnings are restated, the one that Scholastic (SCHL) came up with in the 10K it filed yesterday is definitely up there:
The decline in profitability of the DTH business was primarily a result of the federal Do Not Call [...]