Comments for IR Café http://ircafe.com Serving up mental caffeine for investor relations professionals Thu, 25 Feb 2010 16:51:14 +0000 http://wordpress.com/ hourly 1 Comment on News affects stock price? You bet by Jnyaneshwar Prabhu http://ircafe.com/2010/02/25/news-affects-stock-price-you-bet/#comment-884 Jnyaneshwar Prabhu Thu, 25 Feb 2010 16:51:14 +0000 http://ircafe.com/?p=6996#comment-884 iMiners, Inc. provided all the data to the professors for this study. We have categorized all press releases issued by US public companies, since April 2006, in to one of 10 major categories and 69 subcategories. We currently have about 600,000 press releases in our database and growing at the rate of 750 each day! PR Cycle subscribers can search our entire database of over 600,000 categorized news releases, for releases and their stock price impacts, by Company, By Industry, By Category, By Subcategory, By Date Range, and By Keywords. Our subscribers include professors from UC Davis, Berkeley, and Harvard. We also deliver a subscription-based "Press Releases By Type" module to public companies so their shareholders and investors can find relevant releases, quickly! Our customers include NASDAQ OMX, Del Monte Foods, and Nvidia Corporation. We have categorized every release issued by every public company, since April 2006, and have this module "install-ready" for most public companies. All they have to do is create an additional link called "Press Releases By Type" in their IR website navigation panel, that links to an iMiners provided URL and we will render all the content. Many more detailed studies are in progress by our PR Cycle subscribers and will be announced soon. iMiners, Inc. provided all the data to the professors for this study.

We have categorized all press releases issued by US public companies, since April 2006, in to one of 10 major categories and 69 subcategories. We currently have about 600,000 press releases in our database and growing at the rate of 750 each day!

PR Cycle subscribers can search our entire database of over 600,000 categorized news releases, for releases and their stock price impacts, by Company, By Industry, By Category, By Subcategory, By Date Range, and By Keywords. Our subscribers include professors from UC Davis, Berkeley, and Harvard.

We also deliver a subscription-based “Press Releases By Type” module to public companies so their shareholders and investors can find relevant releases, quickly! Our customers include NASDAQ OMX, Del Monte Foods, and Nvidia Corporation. We have categorized every release issued by every public company, since April 2006, and have this module “install-ready” for most public companies. All they have to do is create an additional link called “Press Releases By Type” in their IR website navigation panel, that links to an iMiners provided URL and we will render all the content.

Many more detailed studies are in progress by our PR Cycle subscribers and will be announced soon.

]]> Comment on Not Your Grandma’s Market by Tweets that mention Not Your Grandma’s Market « IR Café -- Topsy.com http://ircafe.com/not-your-grandmas-market/#comment-825 Tweets that mention Not Your Grandma’s Market « IR Café -- Topsy.com Wed, 20 Jan 2010 21:55:03 +0000 http://ircafe.com/?page_id=6598#comment-825 [...] This post was mentioned on Twitter by Dick Johnson, Tim Wood. Tim Wood said: Excellent. RT @StrategicComm: It's not your grandma's market anymore. The new world of equity trading - http://tinyurl.com/trading10. #IR [...] [...] This post was mentioned on Twitter by Dick Johnson, Tim Wood. Tim Wood said: Excellent. RT @StrategicComm: It's not your grandma's market anymore. The new world of equity trading – http://tinyurl.com/trading10. #IR [...]

]]> Comment on Not Your Grandma’s Market by Let’s NOT squash trading « IR Café http://ircafe.com/not-your-grandmas-market/#comment-824 Let’s NOT squash trading « IR Café Wed, 20 Jan 2010 21:05:47 +0000 http://ircafe.com/?page_id=6598#comment-824 [...] That’s the start of a push for expanded regulation. I’ll post excerpts in a page called “Not Your Grandma’s Market,” but the full 74-page release is worth [...] [...] That’s the start of a push for expanded regulation. I’ll post excerpts in a page called “Not Your Grandma’s Market,” but the full 74-page release is worth [...]

]]> Comment on A CEO’s pushback on buybacks by Don Allen http://ircafe.com/2010/01/13/a-ceos-pushback-on-buybacks/#comment-811 Don Allen Thu, 14 Jan 2010 16:53:35 +0000 http://ircafe.com/?p=6495#comment-811 I agree buybacks make sense for some companies, and it depends on the individual company's situation. I had a client years ago who 'owned' 80% of their sector in the semi fab equipment market. They were rolling in cash, they had invested as much as they could in new capex and acquisitions, and their stock price was lower than they felt it should be. After researching the best way to structure a buyback, the board decided to take an opportunistic approach and buy in the open market when conditions were favorable. They didn't do a 10b5-1 buyback because they didn't want to commit to a program that could limit them in changing market conditions. Their buyback was open-ended. It was very successful and their return was higher than any investment they could have made in short-term securities. I agree buybacks make sense for some companies, and it depends on the individual company’s situation. I had a client years ago who ‘owned’ 80% of their sector in the semi fab equipment market. They were rolling in cash, they had invested as much as they could in new capex and acquisitions, and their stock price was lower than they felt it should be. After researching the best way to structure a buyback, the board decided to take an opportunistic approach and buy in the open market when conditions were favorable. They didn’t do a 10b5-1 buyback because they didn’t want to commit to a program that could limit them in changing market conditions. Their buyback was open-ended. It was very successful and their return was higher than any investment they could have made in short-term securities.

]]> Comment on A CEO’s pushback on buybacks by Bradley Jay Meyer http://ircafe.com/2010/01/13/a-ceos-pushback-on-buybacks/#comment-810 Bradley Jay Meyer Thu, 14 Jan 2010 16:06:39 +0000 http://ircafe.com/?p=6495#comment-810 I agree with Dick Johnson that stock buybacks sometimes make sense, such as for highly profitable software companies and undervalued small caps. Given the disastrous acquisitions that many firms have engineered, we've seen countless examples of where repurchasing shares represented a much smarter known value. I don't agree with Ms. Candler that stockbrokers drive such business decisions, although I do agree that mature businesses usually need to pursue innovations. As for undervalued and un-followed small caps, some could benefit from buybacks while others would be much better off doing equity secondaries and generating equity coverage. Equally important for many undervalued companies is that executives purchase shares in the open market. The failure to support and send a message to loyal shareholders in this way is often astounding, as can easily be seen in companies that have rallied hundreds of percent off of lows during which there was no such insider buying. I agree with Dick Johnson that stock buybacks sometimes make sense, such as for highly profitable software companies and undervalued small caps. Given the disastrous acquisitions that many firms have engineered, we’ve seen countless examples of where repurchasing shares represented a much smarter known value.

I don’t agree with Ms. Candler that stockbrokers drive such business decisions, although I do agree that mature businesses usually need to pursue innovations.

As for undervalued and un-followed small caps, some could benefit from buybacks while others would be much better off doing equity secondaries and generating equity coverage.

Equally important for many undervalued companies is that executives purchase shares in the open market. The failure to support and send a message to loyal shareholders in this way is often astounding, as can easily be seen in companies that have rallied hundreds of percent off of lows during which there was no such insider buying.

]]> Comment on A CEO’s pushback on buybacks by Anna Candler http://ircafe.com/2010/01/13/a-ceos-pushback-on-buybacks/#comment-808 Anna Candler Thu, 14 Jan 2010 01:41:51 +0000 http://ircafe.com/?p=6495#comment-808 Have to agree with the Sanofi CEO. Buybacks are a lazy way of "creating value". What they say to shareholders is "that with all our experience and talent and business acumen we have no better way to grow shreholder value than to buy back your shares". And by definition out--of-favour businesses and mature businesses are companies who have forgotten how to innovate, streamline and rebuild. Frankly I rather suspect buy-badks are driven buy stockbrokers looking for commission not for the reality of building true shareholder value Have to agree with the Sanofi CEO. Buybacks are a lazy way of “creating value”. What they say to shareholders is “that with all our experience and talent and business acumen we have no better way to grow shreholder value than to buy back your shares”.

And by definition out–of-favour businesses and mature businesses are companies who have forgotten how to innovate, streamline and rebuild.

Frankly I rather suspect buy-badks are driven buy stockbrokers looking for commission not for the reality of building true shareholder value

]]> Comment on On the bright side by Tweets that mention On the bright side « IR Café -- Topsy.com http://ircafe.com/2010/01/08/on-the-bright-side/#comment-791 Tweets that mention On the bright side « IR Café -- Topsy.com Sat, 09 Jan 2010 04:06:21 +0000 http://ircafe.com/?p=6458#comment-791 [...] This post was mentioned on Twitter by irbloggers, Dick Johnson. Dick Johnson said: Want a dose of optimism on the economy? First Trust's Brian Wesbury sees V's everywhere. Let's hope he is right. http://tinyurl.com/ircafe18 [...] [...] This post was mentioned on Twitter by irbloggers, Dick Johnson. Dick Johnson said: Want a dose of optimism on the economy? First Trust's Brian Wesbury sees V's everywhere. Let's hope he is right. http://tinyurl.com/ircafe18 [...]

]]> Comment on Loose lips sink … IR by A little paranoia … « IR Café http://ircafe.com/2009/10/19/loose-lips-sink-ir/#comment-785 A little paranoia … « IR Café Thu, 07 Jan 2010 22:33:04 +0000 http://ircafe.com/?p=5772#comment-785 [...] I said in an earlier post (“Loose lips sink … IR”), it’s usually a bright line for IR between public information and nonpublic. The alleged [...] [...] I said in an earlier post (“Loose lips sink … IR”), it’s usually a bright line for IR between public information and nonpublic. The alleged [...]

]]> Comment on R.I.P. Equities? by Tweets that mention R.I.P. Equities? « IR Café -- Topsy.com http://ircafe.com/2010/01/06/r-i-p-equities/#comment-784 Tweets that mention R.I.P. Equities? « IR Café -- Topsy.com Thu, 07 Jan 2010 17:53:37 +0000 http://ircafe.com/?p=6414#comment-784 [...] This post was mentioned on Twitter by irbloggers, Luis Oliveira. Luis Oliveira said: I haven't seen any mentions but Dick Johnson's IR Café http://bit.ly/6zNjUA on the I.I. article on the end of equities http://bit.ly/4IeIMk [...] [...] This post was mentioned on Twitter by irbloggers, Luis Oliveira. Luis Oliveira said: I haven't seen any mentions but Dick Johnson's IR Café http://bit.ly/6zNjUA on the I.I. article on the end of equities http://bit.ly/4IeIMk [...]

]]> Comment on Social media old & new by Tweets that mention Social media old & new « IR Café -- Topsy.com http://ircafe.com/2009/12/22/social-media-old-new/#comment-769 Tweets that mention Social media old & new « IR Café -- Topsy.com Wed, 23 Dec 2009 08:37:01 +0000 http://ircafe.com/?p=6217#comment-769 [...] This post was mentioned on Twitter by irbloggers and TrevorHeisler, Simon Steiner. Simon Steiner said: RT @irbloggers: Social media old & new http://bit.ly/5APfqi [...] [...] This post was mentioned on Twitter by irbloggers and TrevorHeisler, Simon Steiner. Simon Steiner said: RT @irbloggers: Social media old & new http://bit.ly/5APfqi [...]

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