The Post Co. said in a statement Monday that the federal initiative "could have a materially adverse effect" on earnings of its Kaplan higher-education unit.
There is not much, if any, case law interpreting what "prospects" actually means and what future events it is meant to pick up, but it is generally thought to at least cover adverse changes in earnings projections.
Each of these scenarios will have an adverse impact on earnings, and by extension, the company's share price.
Unfortunately, when this happens companies are usually left with just two options: They can either sell the merchandise at a really low price point and sacrifice margins or they can write off the merchandise altogether, which also could have a significant adverse impact on earnings).
Health Net said in a filing with the Securities and Exchange Commission that it didn't expect the suit to have a material adverse effect on earnings or the company's financial condition.
But the company, which is based in Schaumburg, Ill., said it would have a minority stake in a new company controlled by Mr. McCaw and that the participation would not have an adverse effect on its earnings this year.
In a statement, the company said that the decision "is not expected to have a material adverse impact" on its earnings.
BOJ Governor Haruhiko Kuroda said Monday he can't deny the adverse effect on bank earnings of his stimulus, even as he reiterated it can help spur inflation to the 2 percent target.
