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Archive for the 'Uncategorized' Category

Riggio dips into his pocket for more Barnes & Noble…

Thursday, August 19th, 2010

Though we don’t normally do a lot with proxy fights here at footnoted — the last one we can recall really caring about was the dust-up between Target (TGT) and Pershing Square’s Bill Ackman last year — this revised proxy statement filed late yesterday by Ron Burkle’s Yucaipa Co. over Barnes & Noble (BKS) caught [...]

Try getting this deal at H&R Block!

Friday, August 13th, 2010

There’s an H&R Block (HRB) office not too far away from world headquarters and while it’s closed right now (as many of their offices probably are off-season), it would be tempting to go there one day and talk about tax gross-ups, like the kind offered to their new CEO, Alan Bennett. Though H&R Block announced [...]

Question about Dell’s settlement timeline …

Friday, July 23rd, 2010

Now that Dell (company and founder alike) has settled with the Securities and Exchange Commission, no doubt investors and management will forge ahead. But we want to take one moment to look back — not to the sordid accounting gimmicks and misleading disclosure laid out in the SEC’s case, but rather to Dell’s disclosures about [...]

A Look at World Cup Fever…

Monday, July 12th, 2010

After a month of “World Cup Fever,” Spain finally emerged as the victor of this year’s tournament. And, like most events that capture the public’s attention for a sustained period of time, the World Cup turned out to be good for some businesses, but not so good for others. Last week the Associated Press published [...]

Non-disclosure disclosure at Ciena Corp. …

Monday, July 12th, 2010

We’re all for tougher disclosure requirements, but in the end, rules can do only so much if companies are intent on obfuscating. And some of them clearly are — like Ciena Corp. (CIEN), an optical-networking equipment-maker in the euphoniously named Linthicum, Maryland. Here’s the complete substance of the 8-K it filed toward the end of [...]