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Deadlines can be missed, deals can fall through and stock prices can plunge unchecked if financial information is disclosed unexpectedly.
But after it appeared that MCI's dowry might not be as large as anticipated -- MCI disclosed unexpectedly high costs in its effort to move into the local telephone business -- the British company and its shareholders turned cool.
In August, Interpublic disclosed unexpectedly that the irregularities, centered on bookkeeping for the European operations of its largest division, the McCann-Erickson World Group, required the company to restate five years of earnings and take a $68.5 million pretax charge.
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Of course, a few companies, unexpectedly, disclosed concerns about their finances.
After six years of silence, China unexpectedly disclosed last month that it had been gradually buying gold from domestic producers.
In October, at a White House ceremony, the President unexpectedly disclosed that a patch on the right side of his nose was the result of a "minor operation" for skin cancer.
Saatchi & Saatchi unexpectedly disclosed yesterday that its executives had been approached to begin discussions that could result in an offer for the agency company, the world's 11th largest in terms of billings and revenue.
Only 10 days after stunning Wall Street with a huge quarterly loss, Merrill Lynch unexpectedly disclosed another multibillion-dollar write-down on Monday and sought to bolster its finances once again by selling new stock to the public and to an investment company controlled by Singapore.
Unexpectedly, the screen disclosed that the sphingolipid ceramide is a key regulator of the taxane-mediated spindle assembly checkpoint and taxane-induced cell death.
At the same time, Interpublic reported its sixth consecutive quarterly loss; once again took large charges to earnings; lagged its competitors in revenue growth, which trailed analysts' expectations; and disclosed that professional fees were unexpectedly rising.
Unexpectedly, the report disclosed an increase in phospho-Smad2-Ser465/467 and phospho-VEGFR2-Tyr1175 in the pancreatic tumor lysates from the OP treated cohort compared to the untreated cohort [34].
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com