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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 [...]
Sometimes it takes a little digging and explanation to fully appreciate material in corporate filings. Other times, the good stuff is more immediately apparent. With summer upon us and attention-spans shortening, here are a few tidbits that jumped off the page in recent days: At Unilife Corp. (UNIS), a retractable-syringe maker in Lewisberry, Pennsylvania, R. [...]
Based on the 10-Q that Philip Morris International, Inc. (PM) filed last Friday, we’re betting that its lawyers have been working some long hours lately. The 75-page Q discloses lots of information about current litigation, initiatives to ban and/or limit ingredients that make cigarettes palatable to consumers, and health warning requirements. But the issue that [...]
