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 Capital

IBM (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 earnings

CENDANT (CD)

Its Web site now details the company's off-balance-sheet entities

MARRIOTT (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 services

ENERGY-TRADING COMPANIES

Post-Enron, the whole sector is scrambling to show that its off-balance-sheet liabilities and long-term energy contracts are safe

Who 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 rules

AMAZON (AMZN)

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

CISCO (CSCO)

Wall Street wants more details about revenue adjustments, including items such as credit memos and other customer discounts that impact total sales

AMERICAN INTERNATIONAL GROUP (AIG)

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

TELECOMMUNICATIONS 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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