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Tuck into that buttery pound cake and those Jimmy Dean sausages while you can. Because in addition to rising sea levels and disappearing species, global climate change — or at the very least, governmental efforts to mitigate it — could threaten the goodies from Sara Lee (SLE). That’s the implication of a new risk factor [...]
Corporate lawyers aren’t known for being early adopters, whether of cutting-edge technology or zippy new buzzwords. As a result, company filings may be one of the last places to spot new trends. So we’re assuming that a recent sighting means social networking, that many-splendored creature, is here to stay: It’s now scary enough for the [...]
Stark reminders of the reach of the Deepwater Horizon oil spill continue to surface in the filings, sometimes in unlikely places. The most recent: The J.M. Smucker Co. (SJM) — purveyor of jellies, Crisco, and Jif peanut butter — warned in the annual report it filed yesterday that the disaster could interfere with its Folgers [...]
Back when we took basic algebra, we always found those “story problems” a little labored, what with trains leaving separate stations simultaneously all the time. Little did we know that, a few decades later, we’d be applying those same principles to deciphering multimillion-dollar pay arrangements for titans of industry. But it all came rushing back [...]
It’s becoming clear that Massey Energy (MEE), which owns the Upper Big Branch mine in West Virginia where 25 miners died after an explosion this week, has had a spotty regulatory history. By one count, the Upper Big Branch alone had 3,007 violations over the last 15 years (that’s nearly three a week) and more [...]
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