Net Assets
Here are a few Web sites that can help you figure out what's behind corporate financial statements and Wall Street reports:
securities.stanford.edu
Look for lawsuits against a company on the Securities Class Action Clearinghouse site. Some 59% of the cases detail accusations of improper accounting.
www.aaopub.com
Check out the Briefs & Letters section for short articles on current accounting-related issues excerpted from the Analyst's Accounting Observer, a newsletter written for professional investors. And don't miss the ''National Charge Clock,'' an up-to-date tally of corporate write-offs.
www.briefing.com
Use the free Story Stocks section to search for news that might be moving a stock. Daily updates signal when analysts upgrade or downgrade a stock and when brokerage firms initiate coverage.
www1.zacks.com
Analyst Watch service includes daily E-mail alerts on analyst changes affecting stocks and abstracts of broker recommendations.
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