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Retailer American Apparel (APP), which is usually described as being edgy and which since going public via a special purpose acquisition company in mid-December has fallen sharply, had more than a few sharp edges in the 10K it filed on Monday.
Controversial CEO Dov Charney is currently dealing with one lawsuit alleging sexual harassment and wrongful [...]
Remember the good old days before we taxpayers found ourselves bailing out the likes of Bear Stearns, back when the most exciting story on the business page was stock option backdating? Sure, the backdating scandal was disturbing, revealing widespread sneakiness in the service of greed, and it caused a bunch of earnings restatements. But no [...]
Late Friday, three of the biggest names impacted by the subprime mess filed their 10Ks, which we’re sure was just coincidental: Washington Mutual (WM) filed at 4:30, IndyMac (IMB) filed at 4:57 and Countrywide (CFC) filed at 5:04. Words like turmoil, unprecedented, and distressed are sprinkled liberally throughout all three filings.
Dow Jones has some highlights [...]
Late Friday, the ABC News program 20/20 aired a pretty negative report about Bodies: The Exhibition, which is run by Atlanta-based Premier Exhibits (PRXI). The basic gist of the report was that the bodies in the exhibit were less than legitimate and some might have been political prisoners from China who died of less than [...]
Sometimes, it almost seems too easy to pick on Qwest (Q). The company has long had a special place in my heart, dating back to my book when I dissected their Ks and Qs from the earlier part of this decade. So I couldn’t resist when I caught the 10-K that Qwest filed late yesterday. [...]
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