April 7, 2006, Newsletter Issue #11: Press Releases: Financial Announcements

Tip of the Week

Public companies are required by the SEC and other regulatory agencies to issue press releases when they report their quarterly earnings. They may also be required to announce actions that may impact earnings. Private companies can issue financial press releases describing transactions that may affect their financial status. If you are announcing a merger, aquisition, or other transaction that involves one or more other companies, make sure you have the approval of all parties involved. Financial press releases are generally issued through a company's investor relations department.

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