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This morning’s NY Times had an interesting story about the Obama Administration going after what it describes as “excessive rate increases” that some health insurance companies — the article talks about Anthem Blue Cross specifically, a subsidiary of WellPoint (WLP) — are trying to pass along to their subscribers.
And just last week, a friend of [...]
At a time when so many people are beating the drum about the need for companies to file transparent documents with the Securities and Exchange Commission, General Motors (GMGMQ) deserves credit. Granted, the subject of the press release that accompanied yesterday’s 8-K was very grim; but there’s no spin at all in their [...]
Back in April, the world was captivated by the Somali pirates who took over the Maersk Alabama and were holding its Captain, Richard Phillips, hostage. While we all know how the story ended — Phillips was rescued by Navy Seals, three of the pirates were killed and a fourth is likely to stand trial in [...]
Just when you thought things were starting to look a little bit brighter in terms of the swine flu, several companies have to go off and ruin the mirage.
Among them is Starwood Hotels & Resorts (HOT), which this morning filed its 10-Q noting that the swine flu could have a material and adverse impact on [...]
On Wednesday, the same day that General Electric (GE) announced a $3 billion infusion from Warren Buffett, it filed a three-sentence 8-K about the deal.
But it was the exhibit attached to the 8K that caught my attention: new sharply worded warnings about the state of the economy and its impact on GE. Indeed, if I [...]
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