Last May, Trimas (TRS) went public at $11 a share. By October, the stock was trading at $16, which clearly made it a successful IPO. But in November, things started going down hill and they’ve been going in that direction ever since: the stock has lost nearly 2/3 since then, even though there hasn’t been [...]

I would have preferred to get through the week without hearing the phrase “FAA whistleblowers.” Here we are, already trying to survive various and sundry blows to the global economy. And now, as we’re sitting on the runway, we’ll be wondering if anyone has recently inspected the Scotch tape that’s keeping the wing on the plane to [...]

Most people know that the cost of health insurance here in the United States is pretty hefty: over $12,000 a year for family coverage, which is one of the reasons there’s so many uninsured people in the U.S. But judging by the proxy that Moscow-based CTC Media (CTCM) filed earlier this week, Russia beats the [...]

The next time you spot an armored Hummer double-parked in Manhattan, don’t automatically assume it belongs to some rapper. It could very well be that of Macy’s (M) Chairman and CEO Terry Lundgren. In the proxy that the company filed yesterday, it disclosed its new car and driver benefits for Lundgren:
Pursuant to an independent third-party [...]

Anyone who uses a BlackBerry from Research in Motion (RIMM) or similar type of device knows it’s hard to distinguish between personal usage and business usage, though the IRS and apparently several Congressmen are clearly interested in trying. But judging by this proxy, Lifepoint Hospital’s (LPNT) accounting gurus have figured it out.
In a new [...]