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The U.S. has restricted a slew of exports to the Islamic Republic of Iran. So when The Australian published an article (payment required) last spring describing a trade-show booth in Tehran that was showcasing an atomic absorption spectrometer made by Waltham, Massachusetts-based PerkinElmer (PKI), the Securities and Exchange Commission took notice. In a June 22 [...]
Tuck into that buttery pound cake and those Jimmy Dean sausages while you can. Because in addition to rising sea levels and disappearing species, global climate change — or at the very least, governmental efforts to mitigate it — could threaten the goodies from Sara Lee (SLE). That’s the implication of a new risk factor [...]
It’s a bizarre fact of American business that directors can stay on corporate boards for years after shareholders have resoundingly rejected them in an annual vote. (As we footnoted here, just look at Cablevision) So we were at first happy to see that Costco (COST), the giant warehouse-store chain, had modified its bylaws to require [...]
You may remember back in March, shortly after the health care reform legislation was passed, that a small company called AT&T (T) made a big splash by announcing plans to take a $1 billion charge to cover the cost of the new regulations. Soon after, several other companies followed suit. The basic reasoning for the [...]
For the past few years, there’s been bankruptcy chatter about Blockbuster (BLOKA). Indeed, at times the speculation has been so rampant that company executives have had to actually issues statements to the media (see this story from last year and this interview with CEO Jim Keyes from this past June) that the company was not [...]
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