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Latest Quiet period Stories

2005-06-29 19:57:03

WASHINGTON (Reuters) - Companies selling stock to thepublic will be allowed to talk much more freely under a ruleapproved on Wednesday in a unanimous vote by the U.S.Securities and Exchange Commission. Moving to overhaul 1930s-era rules against misleading hypein stock offerings, the SEC voted to largely drop the so-called"quiet period" preceding offerings for very large companies andto clarify what can be said about initial public offerings. Under the old rules, last year's IPO by Internet...

2005-06-29 16:26:25

WASHINGTON (Reuters) - Companies selling stock to thepublic will be allowed to talk more freely under a ruleapproved on Wednesday in a unanimous vote by the U.S.Securities and Exchange Commission. Moving to overhaul 1930s-era rules against misleading hypein stock offerings, the SEC voted to largely drop the so-called"quiet period" preceding offerings for very large companies. The SEC said the new rules are meant to reflect the greatlyexpanded volume and scrutiny now given stock offerings...


Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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