Friday, October 19, 2012

Filing Reports With S.E.C. Too Soon Can be Costly - NYTimes.com

"... to organize the world's information and make it universally accessible and useful" -- sometimes a bit earlier than expected
"On Thursday, Google said its filing agent, R. R. Donnelley & Sons, released its earnings several hours earlier than planned. The company’s stock dropped by nearly 10 percent, and trades were frozen for several hours.
Donnelley responded, “We are fully engaged in an investigation to determine how this event took place and are pursuing our first obligation — which is to serve our valued customer.”"
Filing Reports With S.E.C. Too Soon Can be Costly - NYTimes.com:
'via Blog this'
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