SEC launches Financial Explorer data analysis tool

The US Securities and Exchange Commission (SEC) has announced the launch of the “Financial Explorer” on the SEC Web site to help investors quickly and easily analyze the financial results of public companies. Financial Explorer paints the picture of corporate financial performance with diagrams and charts, using financial information provided to the SEC as “interactive data” in eXtensible Business Reporting Language (XBRL). (View the SEC Press Release or examine the Financial Explorer.)