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Archive for the 'PR Spin' Category

Spinning hidden meanings at Walgreen …

Tuesday, June 29th, 2010

Companies have to disclose all kinds of things to investors. Companies dearly like to spin those disclosures to seem as positive as possible. In a pinch, guess which impulse wins out? Look no further than Walgreen Co. (WAG) the big pharmacy and drug-store chain, which filed a quarterly report with the SEC on Friday that [...]

Putting HP’s job cuts in perspective …

Thursday, June 3rd, 2010

When Hewlett Packard (HPQ) announced its $1 billion reorganization plan on Tuesday — including plans to lay off as many as 9,000 people, and hire some 6,000 others over three years — we wanted to take a look at a few of the company’s filings to get some perspective. The 8-K that contained HP’s announcement [...]

Boeing’s million-plus consultant…

Thursday, March 11th, 2010

Last August, Boeing (BA) announced a management reshuffling that included the departure of Scott Carson, who had been running the company’s Commercial Airplanes unit. The release, which was dated Aug. 31 — when few people were likely paying attention, given how sleepy things are at the end of August — noted that the changes would [...]

WellCare worries over how health insurers look…

Monday, February 22nd, 2010

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 [...]

Rite Aid’s expensive changing of the guard…

Thursday, January 28th, 2010

One of the more popular posts we’ve done here at footnoted — at least in terms of reader comments — was this one from two years ago on the lack of adequate products at a Rite Aid (RAD) store in Manhattan. Even after all this time, Rite Aid employees still write in to grouse about [...]