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Keyword: wellsnotice

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  • Hey, Moody's, Why Didn't You Tell Us About The SEC "Wells Notice" In March?

    05/10/2010 9:07:23 AM PDT · by george76 · 5 replies · 542+ views
    Business Insider ^ | May. 10, 2010 | Henry Blodget
    Moody's stock (MCO) is getting slammed this morning on the shocking news that the SEC has hit it with a "Wells Notice" that could lead to the SEC's preventing the company from acting as a rating agency. How did the market learn about the Wells Notice? Because Moody's was apparently forced to disclose it in its latest SEC filing. (The company tried to hide the news deep in the 10Q, even burying it within a broader paragraph, but investors found it). So here's our question: If the Wells Notice is material enough for Moody's to have to disclose it in...
  • Gateway Posts Weaker 4Q Results, Gets SEC Notice (Gateway Deathwatch Rolls On!)

    01/29/2003 2:49:02 PM PST · by Timesink · 75 replies · 364+ views
    Dow Jones ^ | January 29, 2003
    Dow Jones Business News Gateway Posts Weaker 4Q Results, Gets SEC NoticeWednesday January 29, 5:41 pm ET POWAY, Calif. -- Gateway Inc. (NYSE:GTW - News) swung to a net loss in the fourth quarter on lower revenue. The personal-computer maker late Wednesday reported a net loss of $72 million, or 22 cents a share, compared with year-earlier net income of $9.4 million, or three cents a share. Revenue fell 7% to $1.06 billion from $1.14 billion. The company warned earlier this month it expected a loss of 18 cents to 19 cents a share on revenue of $1.06 billion. Gateway...