Number Processing Constraints and Earnings News

Views and opinions expressed are those of the author and do not necessarily represent official positions or policy of the Office of Financial Research or the U.S. Department of the Treasury. The views expressed here are those of the authors and not necessarily the views of the Office of the Comptroller of the Currency, the U.S. Department of the Treasury, or any federal agency and do not establish supervisory policy, requirements, or expectations. The authors thank Orie Barron, Rahul Bhui, Andrew Bird, Cary Frydman, Robert Hills, Byoung-Hyoun Hwang (discussant), Xing Huang (discussant), Steven Huddart, Lisa Kramer (discussant), Henock Louis, Ben Lourie, Jed Neilson, Brian White (discussant), and Laura Wellman as well as workshop and conference participants at Pennsylvania State University, Northern Finance Association Conference, Financial Accounting and Reporting Section Midyear Meeting, Midwest Finance Association Conference, and the University of Connecticut Finance Conference for helpful comments and suggestions.