Originally Posted by
Raptor
Wasn't it the CFO who was quoted? Since companies always tout cost neutral contracts (else they would say "it costs us an extra $1.67 billion, but we have it covered via increased revenue, profits, and efficiencies company-wide.") you could most certainly read it both ways, but it's just as likely it is neutral as they want to reassure investors there will not be a material impact on the company.
Does anyone know when the next required SEC disclosure takes place as they have to lay it out there?
I didn't see that it directly named anyone, just 'management', but I could have missed it. I suspect they want to say comforting things to the shareholders, with vague references, to not alarm them in any way.