A growing number of Wall Street experts have become increasingly critical of companies highlighting adjusted earnings. Also known as non-GAAP, these adjusted earnings are repeatedly being used to deceive investors...
- The Truth About Non-GAAP Earnings – You're Being Deceived
- Hot Stocks: Oracle's Future Clouded by Sun Takeover Complications
Despite earlier this week announcing disappointing first-quarter results, Oracle Corp. (Nasdaq: ORCL) says it expects its second quarter will be stronger. However, many analysts are skeptical, as the company's attempted takeover of Sun Microsystems Inc. (Nasdaq: JAVA) has not gone as smoothly as planned. Oracle reported revenue for the three months ended Aug. 31 fell […]