Comment Re:Why not yearly? (Score 1) 66
An effective open market depends on accurate and reliable information being available to all participants. The myth is that exists in a form accessible to all -- the reality is that insider information is not publicly available to all, why using it to profit is still (mostly) considered a crime. Quarterly earnings reports are marketing products, not an audit. It is the rare company that does not fine tune what it reports. And emotion rather than analytics drives most investment decisions. My initial reaction to this was 'oh good, maybe they can focus more on growing the business'... but that seems unlikely. Just buys more time for the regretable sacrifices to making the numbers to show up. The spin will continue regardless.