Reg FD Makes Firms More Forthcoming, But Some Opt for Pretaped Conferences
DES MOINES, Iowa — When ConAgra Foods[1] Inc. talked about a big drop in profit last quarter, none of the listeners to its earnings conference call asked any questions. It wasn’t because the food-processing company had been so forthcoming about its business or had anticipated every inquiry. It was because the call had been prerecorded the night before — management...
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