For the second challenge in our “How to Use I-Metrix” series, we asked our Senior Analyst Elias-John (EJ) Kies to demonstrate how to uncover a company’s exposure to the fluctuating cost of oil and other commodities. Read the rest of this entry »
“The entire financial ecosystem is trying to survive on inadequate data,” said Philip Moyer, President and CEO of EDGAR Online, when asked for his views this week on the credit crisis, and how EDGAR Online can help. “The credit market is frozen because we still don’t know what balance sheets to trust.” The three-part solution, says Moyer, is a combination of technology, improved Securities and Exchange Commission (SEC) regulations, and refined accounting definitions made possible by XBRL. Read the rest of this entry »
“XBRL is evolving everywhere, but unevenly, because it is driven by various stakeholders such as governments, stock exchanges, banks, and other industry sectors,” according to the AICPA’s Journal of Accountancy. The latest issue compares the US, Asia, and Europe in their progress adopting XBRL as the universal language of business reporting and puts the SEC’s proposed mandate in global perspective. Read the rest of this entry »
This edifying/depressing podcast explains Naked Short Selling and shows Wall Street’s top regulator to be not “all that interested in regulating anything.” The full episode is called “Enforcers”, produced by This American Life radio show’s Alex Blumberg. Read the rest of this entry »
For the first in our “How-To Use I-Metrix” series, we challenged our Senior Analyst Elias-John Kies to find toxic assets in the reported financials of some of the companies leading the financial services meltdown. Read the rest of this entry »
Can you match the total exit pay to the ex-CEOs of the financial firms and mortgage lenders mired in the current mess? Read the rest of this entry »
The SEC is replacing its decades-old EDGAR system for collecting and distributing financial data with an entirely new IDEA (Interactive Data Electronic Applications) system that takes advantage of 21st century internet technologies and will change the way investors get and use business information. So why is EDGAR Online excited about the SEC’s giving away free XBRL data? Read the rest of this entry »
On September 18, 2008 the Securities & Exchange Commission took temporary emergency action to prohibit short selling in financial companies to protect the integrity and quality of the securities market and strengthen investor confidence. Read the rest of this entry »
The financial world should talk to the marketing department before naming the baby. Here are six initiatives that are trying to create common business reporting standards. How many acronyms can you name based on these short definitions? Read the rest of this entry »
Which of the following companies is the largest institutional holder of Federal National Mortgage Association FANNIE MAE’s share as of 6/30/08? Read the rest of this entry »
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