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February 10, 2021
Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported fourth-quarter and full-year 2020 results and provided an
February 5, 2021
Perspecta announces financial results for third quarter of fiscal year 2021 - Revenue of $1.13 billion - Operating cash flow of $117 million - Bookings of $0.9 billion (Q3 book-to-bill ratio of 0.8x; trailing-twelve-month book-to-bill ratio excluding NGEN SMIT impact of 1.2x) News provided by Share this article Share this article CHANTILLY, Va., Feb. 5, 2021 /PRNewswire/ --Ā Perspecta Inc. (NYSE:PRSP), a leading U.S. government services provider, today announced financial results for the third ...
January 20, 2021
Item 301 (Selected Financial Data) Last Five Years of Financial Data. Requires that the company disclose selected financial data in comparative tabular form for each of companyās last five fiscal years (along with any additional fiscal years necessary to prevent the information from being misleading). Eliminated. This item was eliminated, as prior period financial disclosures are easily accessible through prior EDGAR filings. Item 302(a) (Selected Quarterly Financial Data) Two Years of Quarte...
January 20, 2021
Share this article Share this article CHICAGO, Jan. 20, 2021 /PRNewswire/ --Ā United Airlines (UAL) today announced fourth-quarter and full-year 2020 financial results. The company continues its efforts to lead the industry as it manages the most disruptive crisis in aviation history. Since the beginning of the COVID-19 crisis, United has raised over $26 billion in liquidity and made important progress in reducing core cash burn (see detailed chart below) to ensure the companys survival. Over ...
January 16, 2021
In this Issue. The Office of the Comptroller of the Currency (OCC) issued guidance on its authority to charter limited purpose trust companies, raising the possibility that a limited...
January 7, 2021
To embed, copy and paste the code into your website or blog: The Securities and Exchange Commission has continued its effort to update and streamline the disclosure requirements for filings with the SEC. In November, the SEC adopted amendments to the rules for Managementās Discussion and Analysis and related financial disclosures. [1] MD&A, because of its principles-based nature, is among the most challenging of the disclosure requirements. Within MD&A, addressing āknown trends or uncertain...
December 28, 2020
To embed, copy and paste the code into your website or blog: During 2020, the Securities and Exchange Commission (āSECā) continued with its disclosure simplification project by issuing two adopting releases to streamline and modernize certain Regulation S-K disclosure requirements. The first adopting release, which became effective November 9, 2020, covers Regulation S-K, Item 101 (Description of Business), Item 103 (Legal Proceedings) and Item 105 (Risk Factors) (the āItem 100 Amendments...
December 17, 2020
REGULATORY DEVELOPMENTS On December 15, the FDIC approved a final rule to revise and modernize its regulations relating to brokered deposits. The final rule establishes a new framework for analyzing whether deposits made through deposit arrangements qualify as brokered deposits, including those between insured depository institutions (IDIs) and third parties, such as financial technology companies. Specifically, the final rule: Clarifies when a person meets the deposit broker definition in a wa...
December 15, 2020
To embed, copy and paste the code into your website or blog: On November 19, 2020, the United States Securities and Exchange Commission (theĀ SEC) adopted amendments (theĀ Adopted Amendments) 1Ā to Items 301 (selected financial data), 302 (supplementary financial data), and 303 (Managementās Discussion & Analysis of Financial Condition and Results of Operations (theĀ MD&A)) of Regulation S-K. According to the SEC, the Adopted Amendments modernize, simplify and enhance disclosures called for b...
December 11, 2020
To embed, copy and paste the code into your website or blog: The U.S. Securities and Exchange Commission (āSECā) has adopted amendments to several of the financial disclosure requirements in Regulation S-K. Continuing the SECās efforts to modernize and streamline its disclosure requirements, these amendments will (1) revise Managementās Discussion and Analysis of Financial Condition and Results of Operations (āMD&A,ā Regulation S-K Item 303) to clarify and streamline MD&A disclosure...