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As the massive oil spill in the Gulf of Mexico continues to spread and affects both commerce and the environment, we’ve been taking a look at the disclosures companies are making. This morning we looked at concerns disclosed by companies (other than BP) within the oil sector. In this post, we’ll include some of the [...]
It has been nearly a month since the Transocean Ltd. Deepwater Horizon oil rig exploded on April 20, killing 11 workers and unleashing a torrent of crude oil into the Gulf of Mexico. BP PLC (BP) – which has a 65% interest in the exploration well called Mississippi Canyon 252 – continues to lose [...]
One of the casualties of the Sarbanes-Oxley Act, for the most part, was a quirky executive “perk” that often amounted to millions of dollars in little-noticed, tax-advantaged pay. Called split-dollar life insurance, it worked like this: The company buys you a big life-insurance policy — one of Ken Lay’s was for $12 million — that’s [...]
Gas prices may be much lower than they were during the summer of 2008, when they were approaching $5 a gallon in many parts of the country. But we couldn’t help but think about gas prices as we dipped into the 10-K that Exxon Mobil (XOM) filed on Friday.
In the filing, which was significantly longer [...]
Although the relentless winter weather may seem like more of a concern right now than greenhouse gases (GHG), a lot of companies have been mentioning them lately in their SEC filings.
Last month, the SEC issued some guidance on this topic. Still, there’s no formal rules as of yet. But with 10Ks flowing fast and furious, [...]
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