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Archive for the 'Earnings quality' Category

Black lung profits at CONSOL Energy…

Thursday, November 4th, 2010

Here at footnoted, we don’t spend a lot of time thinking about black lung disease, the all-too-descriptive and debilitating affliction of miners who spend years inhaling coal dust (and which may even be on the rise). But we certainly don’t expect to see it contributing to a mining company’s bottom line. Yet that’s exactly what [...]

A plea to end the congratulations!

Friday, September 17th, 2010

It’s a Friday, and for me (and many others) the beginning of a New Year and a somber period full of reflection. So here’s my Yom Kippur wish: can we finally end the rampant “Congratulations” that goes on during earnings calls and other calls with analysts? I thought about this when I was reading this [...]

FootnotedPro: Long-term risks to bank income

Friday, July 2nd, 2010

The slow season for filings is a mixed blessing: It lets us spend a little more time with the filings that do come in. But at the same time, there’s less in the way of clear-cut, compelling material for FootnotedPro, our subscription service for professional investors. So we took the opportunity to go back and [...]

The Supremes and Sarbanes-Oxley…

Tuesday, December 8th, 2009

Yesterday, we took a break from our normal trawl through the filings to cozy up with the transcript from the arguments before the Supreme Court over whether the Public Company Accounting Board (PCAOB), which was created under Sarbanes-Oxley, has a right to exist. The arguments in the case, which was formally titled the Free Enterprise Fund [...]

More from the Value Investing Congress…

Tuesday, October 20th, 2009

We’re still following along today, but one of the sessions that intrigued us yesterday was a presentation by Lloyd Khaner called “Management, Management, Management: The Key to Turnarounds”. Since we spend a lot of time paying attention to management-related issues here at footnoted, we listened pretty intently. The basic premise is that good managers surround [...]