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Archive for the 'Add new tag' Tag

Dreamworks warns of economic doom…

Thursday, October 30th, 2008

By now we’re used to reading filings that fret about the state of the economy. Many acknowledge that a prolonged weakened economy may wreak havoc with the bottom line… even if you have Kung Fu Panda’s Tigress (Angelina Jolie) on speed dial.
In the 10-Q that Dreamworks Animation SKG, Inc. (DWA) filed yesterday, we [...]

Wanna be sedated?…

Wednesday, September 24th, 2008

Scary events like Lehman’s fall and AIG’s takeover are inspiring what you might call “Prozac disclosures,” intended to soothe anxious investors. 
For example, on Friday Constellation Energy Partners (CEP) reported to investors that it had no bad news to report. In this press release, it  said it had “no hedging or other contractual counterparty exposure” to Lehman [...]

Heinz stops saying never…

Friday, June 20th, 2008

Annual report season is long gone, but 10-Ks still dribble in now and then, courtesy of companies with oddball fiscal years. One of these stragglers is H.J. Heinz (HNZ), which filed its 10-K yesterday.
In what’s probably a sign of the times, a comparison with last year’s 10-K reveals that Heinz has tightened up its disclosure [...]

Auction-rate blues at Hot Topic…

Thursday, May 29th, 2008

This week The Wall Street Journal reported that at least 400 companies are stuck holding auction-rate securities. Since these securities remain as unmarketable as the recordings of past American Idol Taylor Hicks, some firms (including Google, says the Journal) took partial write-downs in the first quarter.
In skimming some first-quarter disclosures, I sense that companies are [...]

No potty mouths at Morgans…

Tuesday, April 22nd, 2008

Some say any publicity is good publicity, but the folks at Morgans Hotel (MHGC) may disagree. Since former CEO Edward Scheetz was associated with a young woman’s unfortunate death last year, Morgans has been in the press’s sights. When Morgans was footnoted here in December for agreeing to spend $30K per month on NYC digs [...]