... earnings guidance price discovery information dissemination Using only DJ Newswires articles that relate specifically to management earnings guidance, I find that 47 percent of guidance in the FC database received newswire coverage during my sample period of 2001 to 2010. In my first set...

... as an information intermediary in capital markets. business press accrual anomaly cash flow anomaly mispricing information dissemination information creation The process through which accounting information is impounded into security prices...