Jeff,
Thank you.
Companies have a lot of leeway in news releases, especially when it comes to non-GAAP accounting. As for news and blogs, I look for writers that link back to the original data, and who provide history and context. There ARE some reliable sources out there, and I prefer to read those deeply (rather than read widely).
The danger with reading a lot of news is that it fills your head with narratives that simply are not true. It's like walking through a carpentry shop: You're going to get covered in sawdust, so I try to limit my exposure.
Rob