Morningstar ®

Footnoted is now part of Morningstar

  Text Size:   A A A

Archive for the 'PR Spin' Category

Apple and the art of the 8-K

Tuesday, January 18th, 2011

You might have heard over the long holiday weekend this little story about a well-known tech company executive taking a leave of absence from his high-powered job to deal with lingering health issues. Though the news about Apple (AAPL) CEO Steve Jobs was released early in the morning on a day when both the markets [...]

Watching Washington with the Federal Home Loan Banks…

Monday, January 3rd, 2011

Among other things, when the 112th Congress convenes on Wednesday with a Republican majority in the House of Representatives, it could mean more scrutiny for the 900-lb gorillas of housing finance: Fannie Mae, Freddie Mac and, quite possibly, the less-familiar but still big Federal Home Loan Bank System, which underpins much of the residential mortgage [...]

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 [...]