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Back in November, Financial Federal (FIF) announced that People’s United Financial (PBCT), a bank I used to cover very closely when I worked in New Haven, was buying the financing company for around $738 million. The deal caused a nice pop in Financial Federal’s stock after the news was announced.
But it was this 8-K filed [...]
When we posted on Nov. 12 about the flurry of margin calls at Boston Scientific Corp. (BSX), there was no way to know that the pace of involuntary stock sales would continue.
As a historical recap: Michelle noted in her post last week that company co-founders Peter Nicholas and John Abele sold off over 30 million [...]
It’s been a little over a year since we last saw a margin call at Boston Scientific. But on Monday and again on Tuesday, we spotted two Form 4s filed by one of the company’s co-founders, Peter Nicholas, who is also a director.
On Nov. 5, Nicholas sold 250,000 shares of company stock and the following [...]
Every now and then, we come across a filing that truly makes us scratch our head. We’re just not quite sure what to make of it. And that’s exactly how we felt when we came across this Form 4 filed late yesterday by AIG.
Maybe it’s because we don’t spend a lot of time digging into [...]
Late yesterday, Nutrisystem (NTRI) announced a deal with Wal-Mart Stores (WMT) to provide a 14-day starter program that will be available in over 3,200 stores. Because this is the first time that Nutrisystem products will be available in retail stores (as opposed to those incessant commercials) and because it’s Wal-Mart, Nutrisystem stock jumped over 20% [...]
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