Late filers: who didn’t make deadline and why

There were 20 companies that were unable to file their 10-Ks for 2012 by Friday’s deadline, a sharp increase over the number of late filers last year. What’s behind the sharp increase?

A look at what Citi wasn’t saying

Newly released letters between the SEC and Citi highlight significant issues for the banking giant.

Uncertainty behind CVS’s rosy outlook

When we started to look into the 10-K that CVS filed 90 seconds before the SEC closed for the long President’s Day weekend, we saw a few cracks in the veneer.

Netflix gets aggressive (with the SEC)

The SEC is once again asking Netflix some tough questions about various metrics that the company seems unwilling to answer.

Tracking More Low Quality Pension Income

We’ve found several companies that are managing earnings by tinkering with pension accounting and assumptions related to retiree health benefits. The result is lower quality earnings. Who’s on our list?

Quantifying the impact of last-minute tax bill

When the federal government enacted a last-minute stopgap fiscal bill earlier this month, avoiding the fiscal cliff and reinstating various tax breaks retroactively, much of the business world breathed a sigh of relief. But the one-time gains are already having a significant impact on earnings at some companies.

Reading between the lines at Salesforce

We take a closer look at a recent exchange between Salesforce and the SEC that provided some interesting details on the assumptions the company is making when it comes to some of its numbers.

JPMorgan’s long letter trail with the SEC

A newly released string of letters between the SEC and JP Morgan Chase provides raises some interesting questions about the role of the bank’s Chief Investment Office, which was at the center of the London Whale losses.

A look back at 2012

Before we dive full-fledge into 2013, we wanted to look back at 2012 to see how we’ve done. As we note repeatedly, there’s over 650,000 filings that are made to the SEC in a typical year (we’re still waiting for final numbers for 2012) and it’s impossible to look at every filing. So we pick […]

Beyond the headlines in HP’s 10-K

You’ve probably already seen the big headline that came out of the 10-K that Hewlett-Packard (HPQ) filed late yesterday: the company disclosed in the filing that the US Department of Justice had opened an investigation into accounting fraud at Autonomy, the UK-based company that HP acquired for $11 billion last year, and which, when HP […]