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When companies pay to remediate environmental problems, it’s a long and costly process. Several companies’ recent filings included updates about environmental issues (other than Deepwater, which we’ll continue to write about separately); here are some of the more notable ones: Exxon Mobil Corporation (XOM) recently settled two environmental cases, according to its 10-Q. In the first [...]
This afternoon’s post takes a look at some noteworthy events unfolding around the globe: MetLife, Inc. (MET): In the 8-K that MetLife filed August 2, Exhibit 99.2, page F-34 includes an update on the Italian branch of Alico Life International Ltd.’s (ALIL) fund suspensions in Italy, which relate to allegations that – among other things [...]
When an executive leaves a company abruptly eight months after he signed a new employment agreement, it catches our attention. On New Year’s Eve, 2009, Long Beach-based Molina Healthcare, Inc. (MOH), a managed health care company that provides healthcare to recipients of government assistance, entered into Amended and Restated Employment Agreements with three of its [...]
While the market has been a little shaky today, one of the stocks that has taken a hit is Bob Evans Farms, Inc. (BOBE), whose stock is down 4.21 percent so far today. When we read the annual report filed June 29, though, it’s not all doom and gloom. There are some short-term challenges, but [...]
When Houston-based BMC Software, Inc. (BMC) filed its proxy June 17, we made a mental note to praise the company for what we think is a small step in the right direction: The company said that while it will continue to pay the travel costs for executives’ spouses to attend “appropriate company events,” it [...]
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