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Archive for the 'MIA' Tag

Non-disclosure disclosure at The Travelers?

Monday, December 14th, 2009

Last week, The Travelers (TRV) named veteran executive Donald J. Shepard to its board of directors, according to this 8-K filed late Friday. Snore city, right? After all, even at large companies, director changes are hard to get all that worked up about.
What piqued our interest was the lack of detail in the 8-K. Here’s [...]

News Corp. on how to say nothing in so many words…

Friday, August 14th, 2009

As most footnoted regulars know, we’ve read a lot of employment contracts and severance agreements over the years. Way too many to count, in fact. But the agreement with former Chief Operating Officer Peter Chernin that News Corp. (NWS) included in its 10-K sets new standards for saying so little. Indeed, you’d be hard pressed [...]

On Pfizer’s missing offer letter…

Thursday, April 30th, 2009

On Tuesday morning, Pfizer (PFE) reported 1st quarter earnings that were largely viewed as a mixed bag. But far more interesting to me, was this 8K that Pfizer filed on Monday.
In the filing, the company notes that Dr. Corey S. Goodman, who ran Pfizer’s Biotherapeutics and Bioinnovation Center in South San Francisco, plans to step [...]

Target’s interest in musical instruments…

Thursday, April 23rd, 2009

Trying to keep up with the near-daily filings by Target (TGT) and Bill Ackman’s Pershing Square is no easy task. In two separate filings, the hedge fund has compared the company’s corporate structure to the “Third World and dictatorships” and described the board’s structure as “suboptimal”. Target, in turn, has described Ackman’s proxy contest ” [...]

Peanut butter in the filings…

Wednesday, February 11th, 2009

Right about now, a subcommittee of the House Energy & Commerce Committee is holding a hearing on how the peanut butter salmonella crisis has spun so out of control. It’s been nearly a month since the FDA announced its recall and according to this article the problem has impacted more than 220 different products.
Given how [...]