Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. No investment is perfect. If an investor buys with his eyes open the surprise factor is reduced. If an investor decides the actionable information is a sale so be it.
Akamai (AKAM) boosts guidance in a press release issued Dec 7, 2009 at 0630 ET. Akamai is also holding an investor day today and in the press release promised to explain in the presentations the how and why’s of their guidance increase. But if you...
Del Monte Foods (DLM) reported improved earnings and watched its stock sell off anyway. Go figure the market is manic depressive. Or is it? The company used an interested term to describe its increase in revenues and I quote “fiscal 2009 pricing...
Goldman Sachs Group (GS) continues to have a most capitalistic problem. Their employees make too much money. They currently are in discussions with major investors to prove that their compensation is in line. The investors are motivated by legal storm...
Guess?, Inc (GES) reported results and watched the stock pop off it’s bottom. Imagine an apparel brand that is doing well in this economy. I guess people buy fancy jeans to make themselves feel good. The stock is still near its 52 week low. Guess...
Tiffany (TIF) reported a surprise increase in consumer demand and made some noises that the financial pulse still beats. This company tends to be viewed as the canary on the coal mine and it seems to be fine for now. The problem with the company’s...
