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Exxon Mobil directors say fill er up…

Tuesday, March 2nd, 2010

Gas prices may be much lower than they were during the summer of 2008, when they were approaching $5 a gallon in many parts of the country. But we couldn’t help but think about gas prices as we dipped into the 10-K that Exxon Mobil (XOM) filed on Friday.
In the filing, which was significantly longer [...]

Coca-Cola Enterprises’ Vision not Clouded by Greenhouse Gases…

Thursday, February 18th, 2010

Although the relentless winter weather may seem like more of a concern right now than greenhouse gases (GHG), a lot of companies have been mentioning them lately in their SEC filings.
Last month, the SEC issued some guidance on this topic. Still, there’s no formal rules as of yet. But with 10Ks flowing fast and furious, [...]

It’s time for raises and bonuses at KBW…

Monday, February 8th, 2010

When a company files a document with the SEC at 5:10 on a Friday evening, it’s a little like waving a red cape at the footnoted staff and yelling, “Look at me!” (although, thankfully, there’s no blood and gore involved).
At least, that was the metaphor that came to mind when we saw the 8-K [...]

A Fashionable Start at Jones New York…

Friday, February 5th, 2010

Yesterday, Jones New York (JNY) filed an 8-K that disclosed the terms of its new employment agreement with fashion wunderkind Richard Dickson.
Next Monday, Dickson, who’s only 41, will become the President and CEO – Branded Businesses of the Company for Jones Apparel Group, Inc.  He’ll report to Wesley Card, who is giving up the title [...]

Shareholders, watch your language…

Thursday, February 4th, 2010

If you read enough SEC filings, you begin to recognize certain sections like they’re old friends.  You might think, “Oh!  There’s the section on Executive Compensation Discussion & Analysis!” or “Hi, Forward-Looking Statements.  How are the Risk Factors looking today?”
But occasionally – perhaps rarely – something pops out that you’ve never noticed before.
Such was the [...]