Text Size:   A A A

Archive for the 'The family business' Category

Extra, extra: NYT target letter filed…

Monday, January 28th, 2008

Over the weekend, you might have heard the news about a hedge fund’s interest in electing four directors to the New York Times (NYT). Firebrand Partners, headed by NYU Professor Scott Galloway sent the letter to Times Chairman Arthur Sulzberger yesterday and it was filed this morning. Here’s a snippet:
There is nothing wrong with [...]

Is Tyson turning over a new leaf?

Thursday, January 24th, 2008

Cranky markets make for cranky people, but life as we know it must continue. And here at Footnoted, life as we know it often includes posting about Tyson Foods (TSN), one of our frequent flyers (last footnoted by Michelle in November).
Friday brought the news that former Chairman/CEO Don Tyson and other insiders had settled the [...]

Some post-Thanksgiving turkey…

Thursday, December 6th, 2007

The classic holiday tearjerker It’s a Wonderful Life seems especially poignant this year, with kindhearted banker George Bailey making what might be subprime loans to residents of Bedford Falls. Of course, if not for George, cute Bedford Falls would be the sleazy and depressing town of Pottersville.
The proxy statement filed Tuesday by Pilgrim’s Pride Corporation [...]

Can this company be saved?

Monday, November 5th, 2007

Investors in Source Interlink (SORC), a frequent flier here at footnoted (see here and here and here) have been through a lot these past few years. When I first questioned some of their disclosures back in March 2005, Source was trading at just under $12. Today, it’s trading at just under $3. Just this year, [...]

Till death do us part?

Wednesday, October 24th, 2007

BearingPoint (BE) is, as the euphemism goes, facing challenges. The company, a bit of a frequent flyer here at footnoted (see here and here), has seen its stock price plunge from around $7.50 to $4.50 in the past 6 months as it struggles to catch up on its SEC filings, thanks to accounting errors dating [...]