Briefings
Week InReview: June 29, 2018
- By: admin
- On: 06/29/2018 15:39:19
- In: 2018 Briefings
The SEC's got your number
"Federal regulators are investigating the case of the missing '4,' exploring the numeral's conspicuous absence in quarterly reports that could mean companies have improperly rounded up their earnings per share to the next highest cent, according to people familiar with the matter.
"Enforcement officials at the Securities and Exchange Commission have sent queries to at least 10 companies, asking the firms to provide information about accounting adjustments that could push their reported earnings per share higher, one person familiar with the matter said."
- The Wall Street Journal
"Federal regulators are investigating the case of the missing '4,' exploring the numeral's conspicuous absence in quarterly reports that could mean companies have improperly rounded up their earnings per share to the next highest cent, according to people familiar with the matter.
"Enforcement officials at the Securities and Exchange Commission have sent queries to at least 10 companies, asking the firms to provide information about accounting adjustments that could push their reported earnings per share higher, one person familiar with the matter said."
- The Wall Street Journal
Read entire Week InReview: June 29, 2018