• International regulations known as Basel III will increase the costs of holding minority stakes in financial institutions, forcing big banks to set aside more capital in order to maintain regulators' key measures of balance-sheet strength.

    WSJ: Goldman Sachs Selling ICBC Stake

  • We believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business.

    ENGADGET: Google's Q4 2011 results: $2.71 billion profit, $8.13 billion in revenue, Wall Street disappointed

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