When there’s news at a publicly traded company, there’s probably also an 8-K filing. These are the filings that many investors watch most closely, and among the ones companies file most often. Beat Basics: MORE on 8-K Filings An introduction Kinds of 8-Ks Tips and Tricks Traps and mistakes Resources Video tour: 8-K Glossary of [...]
Investing | Banking
Welcome to one of the most exciting beats in business. Heather Landy, Mary Fricker and Theo Francis tackle some of the big issues.
One often-overlooked feature of the 8-K is the number that designates which 8-K “item” is being reported by a particular filing. These numeric codes appear in the Edgar filing database’s list of results. They also often appear in the alert emails or results lists for third-party filings services, and some such services also let you use the categories to narrow your searches; that lets you you can zero in on, say, director departures and related events. Often even a single development can trigger disclosure under multiple items.
The 8-K’s strong suit for reporters is news. After all, companies use them to disclose (or try to bury) news of their own.
Most 8-K filings are pretty straightforward, but some can still prove confusing. Some companies bury important information, or emphasize the rosy and downplay the gloomy. Further complicating matters: widespread misconceptions about what companies are required to do, and what kinds of developments are significant enough to appear in an 8-K.
The SEC’s Edgar database is free and relatively simple. Start with the company search page to find a particular company’s filings, by name or ticker symbol. Use the full text-search page to search across companies for individual words, or for phrases (use quote marks); see the proxy guide’s Introduction for a screen shot. The advanced version of the full-text search page lets you filter by company name, date, type of form and other details.
Beat Basics: MORE on 8-Q Filings An introduction Kinds of 8-Ks Tips and Tricks Traps and mistakes Resources Video tour: 8-K Glossary of key terms More SEC database info Theo Francis, freelance journalist and researcher for Disclosure Matters LLC, takes us on a tour of a 8-Q filing by Philip Morris, Walmart and others. This [...]
The drumbeat in residential real estate market news this year has largely been that of investors scooping up single-family homes on the cheap and turning them into investment rentals. It’s an interesting story with a lot of implications for property values, tax base, neighborhood character and other angles of interest to general readers. But this [...]
If you haven’t caught up with happenings on the financial services beat lately, a handful of recent reports of interest are ripe for localizing with the banks in your region. First, though, as the shutdown continues you might check in with lenders in your area, as well as title companies and real estate brokers, about the [...]
The recent dips and sways in the global securities markets don’t seem to be deterring some big-name entities from offering themselves for sale – from the British postal service to the Hilton hotel chain to, in news that fittingly was announced via Tweet, Twitter. Initial public stock offerings, in which companies go from private to public ownership, have [...]