Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
One of the reasons for picking on companies issuing bad news when everyone has gone home is that they hope no-one will notice the profit warning/awful results or other bad news. In short, they are trying NOT to be transparent. And so to the competition result for after-hours on the Friday before the August bank holiday, and it is rather good news.
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