TheCorporateCounsel.net

A NIRI survey conducted to determine whether new disclosure rules were negatively impacting the flow of information to shareholders and analysts reveals that companies are attempting to avoid use of pro forma numbers in earnings statements. 43% of respondents present results strictly in accordance with GAAP – all of which cited Regulation G as the reason. See more at http://www.niri.org/mediaCenter/pressReleases/NIRI%20PRcomm_prac_su0603.pdf.

For Section16.net subscribers, the transcript of last Thursday’s webcast – “Alan Dye on the Latest Section 16 Developments” – is at http://www.section16.net/member/Webcast/06_12_03_transcript.htm.