Magazine

Table: Wanted: Better Disclosure


Who is being more forthcoming:GENERAL ELECTRIC (GE

)

The conglomerate will provide more details on revenue and operating profits for individual businesses, including a number of units within GE CapitalIBM (IBM

)

Days after taking heat for how it disclosed gains from the sale of a business, Big Blue announced plans to give investors a better breakdown of its earningsCENDANT (CD

)

Its Web site now details the company's off-balance-sheet entitiesMARRIOTT (MAR

)

With investors fretting about hidden liabilities, the hotel operator detailed write-offs of loan guarantees it gives to hotels that use its brands and servicesENERGY-TRADING COMPANIES

Post-Enron, the whole sector is scrambling to show that its off-balance-sheet liabilities and long-term energy contracts are safeWho needs to be more forthcoming:AOL (AOL

)

Investors want more info on its promotions and on how much goodwill it will write off to meet new accounting rulesAMAZON (AMZN

)

It now gives details on partnership deals and cash, but investors want more disclosure, such as monthly salesCISCO (CSCO

)

Wall Street wants more details about revenue adjustments, including items such as credit memos and other customer discounts that impact total salesAMERICAN INTERNATIONAL GROUP (AIG

)

Regulators are looking into the insurer's role in a questionable deal to move loans off the books at PNC FinancialTELECOMMUNICATIONS INDUSTRY

Shaken by allegations that Global Crossing inflated sales by swapping capacity with other carriers, shareholders want to know who else is playing similar games


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