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Archive for the 'high flyers' Tag

Traveling the Economic Landscape with Winnebago

Wednesday, October 28th, 2009

In the wake of 2007’s credit freeze and 2008’s $4.00+ per gallon gasoline prices, we thought that Winnebago’s (WGO) filings yesterday (an annual report here and a proxy here) might be interesting.
Winnebago, which manufactures the iconic “mobile dwellings” that lumber along America’s interstates, has indeed taken a financial hit.  Yet the filings also contained some optimistic news [...]

On the SEC and CIT…

Monday, July 13th, 2009

Though it’s been awhile since we last footnoted CIT Group (CIT), given the news over the past few days, it seemed like a good idea to take a closer look at their filings.
One of the things that immediately jumped out was the relatively long string of comment letters between the company and the SEC, some [...]

Penny pinching at Ford?

Thursday, March 26th, 2009

Remember last November, when the auto companies’ CEOs flew in their corporate jets to beg the Senate Banking Committee for a taxpayer-funded bailout? After that public relations fiasco, the CEOs assumed contrite tones, assured Americans that they “got it,” and promised to start running their companies in a more frugal manner.

As proof, when the [...]

The midnight filing as the latest contra-indicator…

Tuesday, July 29th, 2008

In addition to handing out a Mercedes, donating to politicians and providing memberships to the Core Club, we can add filing at midnight to the growing list of contra-indicators we’ve uncovered here at footnoted.
How else to explain the news this morning over the departures of Alcatel-Lucents’s (ALU) top two executives, CEO Patricia Russo and Chairman [...]

It’s hard work building a bear…

Friday, March 14th, 2008

Last January, we footnoted the strange sequence of events at Build-A-Bear Workshop (BBW), which at the time was trading close to $30. In various presentations last winter and spring, I used the company as a case study, asking groups of participants to make either the bear or bull case on the company based on a [...]