SEC eyes shift to twice-yearly earnings reports

SEC eyes shift to twice-yearly earnings reports

The SEC is working on a proposal to allow public companies to release earnings reports twice a year instead of quarterly, per the WSJ.  Chatter about making the 50-plus-year-old quarterly requirement optional has picked up steam in the past year, as companies lament the cost and burden of preparing for quarterly earnings. The requirement is…

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Cantor slashes Strategy target by 60%, tells clients forced-sale fears are overblown

Cantor slashes Strategy target by 60%, tells clients forced-sale fears are overblown

Cantor Fitzgerald slashed its Strategy price target, but remains bullish on the stock despite fears over potential exclusion by the MSCI Index and forced liquidation concerns, the FT said. US-based financial firm Cantor Fitzgerald slashed its price target on Michael Saylor’s Bitcoin-heavy company, Strategy, but kept a bullish stance on the cryptocurrency’s long-term upside, downplaying…

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