Topic: Friday Night Dump

— 726 items —

Sara Lee’s executive carousel…
June 4, 2012—Late last week, Sara Lee Corp. (SLE) dished up the plan to spin off its international coffee and tea business. After that, the coffee and tea business will merge and become part of a subsidiary of D.E Master Blenders. There are lots of moving parts to the deal, but we found some interesting details in […]

Rite Aid gets another frequent flyer stamp…
May 29, 2012—Frequent fliers don’t get much more frequent than the beleaguered Rite Aid Corporation (RAD), which we’ve written about more than we (or the company) probably would have liked. And now, because of the proxy filed last Friday shortly after 4 pm, here we go again. We’ll skip over the topic of huge increases in executive […]

Housing recovery arrives now for select few…
May 23, 2012—The Wall Street Journal reported yesterday that if housing sales continue at the current rate of improvement, “2012 could be the strongest year for home sales since 2007,…” That’s good news indeed for anyone trying to sell a home, although we all know that the recovery won’t happen overnight. By contrast, though, the fortunes of […]

Rough waters, but good pay, await CSC’s CFO…
May 21, 2012—In two days, Paul N. Saleh will show up for his first day of work as Computer Sciences Corporation’s (CSC) new CFO. Saleh is a veteran in the world of corporate finance, starting his career with giants such as The Walt Disney Co. (DIS) and Honeywell International, Inc. (HON). In recent years, though, he has […]

Facebook in the filings…
May 18, 2012—You may have heard (or, perhaps read) about a company called Facebook (FB), which is going public today. For weeks now, there’s been a steady drumbeat of stories, and an even steadier drumbeat of filings. The most recent S-1, with the pricing details, was filed on Tuesday morning, making it the 8th version of the […]

Does Abercrombie’s emperor have any clothes?
May 14, 2012—It’s probably best not to think too hard about how things work at Abercrombie & Fitch (ANF) without plenty of coffee. Even then, good luck making sense of it all. The most obvious question, of course, is why a company that sells clothing features models who wear little (if any) of its fashions. We wrote […]

The other Deepak Chopra is a busy man…
May 3, 2012—Early last month we footnoted about the other Deepak Chopra — chairman and chief executive of OSI Systems (OSIS), maker of airport X-ray machines and medical devices, not the doctor and self-help entrepreneur — and how he stood to collect $12.5 million in return for staying employed for eight more years. Now he’s back on […]

A look at Wynn’s winners…
May 2, 2012—The lucky streak for casino executives continues, as demonstrated by the 10-K/A that Wynn Resorts Ltd. (WYNN) filed yesterday. Now normally, as footnoted readers know, the most “entertaining” information about compensation and perks comes in the form of a proxy. But Wynn’s March proxy filings (a PRE 14A and a DEFA 14A) focused solely on […]

Living the suite life in Las Vegas….
May 1, 2012—Casino magnate Sheldon Adelson may be best known for funding Newt Gingrich’s presidential ambitions (he’s now being courted by Mitt Romney). But here at footnoted, we’re less interested in politics than we are in the fun details in the filings. So when we spotted the proxy that Las Vegas Sands (LVS) filed late Friday (just […]

Masimo CEO’s family comes along for the ride…
April 30, 2012—It wouldn’t surprise us if the people holding the strongest opinions about Masimo Corporation (MASI) – a medical technology company with a $1.3 billion market cap based in Irvine, California – fall into one of two camps. Those who hold the most favorable opinions about the company, we suspect, may be the immediate family members […]