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The publishing world buzzed at Meredith Corporation’s (MDP) August 2 announcement that John H. (Jack) Griffin, Jr., the President of its National Media Group, was leaving four days later “to pursue another opportunity.” News leaked – even before an official announcement was made – that Time Warner, Inc. (TWX) had tapped Griffin to become Time, [...]
At 198 pages, there was a lot of information in the annual report that FedEx (FDX) filed last week. By now, the stock analysts have parsed the financial data, but here are a few nuggets that caught our attention for various reasons: Plan for take-off: FedEx has an upbeat take on near-term economic growth, expecting “stronger demand for [...]
While the market has been a little shaky today, one of the stocks that has taken a hit is Bob Evans Farms, Inc. (BOBE), whose stock is down 4.21 percent so far today. When we read the annual report filed June 29, though, it’s not all doom and gloom. There are some short-term challenges, but [...]
Reading SEC filings every day is a little like standing on the river bank, rod in hand, waiting for a bite. (Admittedly, a river offers nicer scenery than the view from our offices, but we like not having to deal with the mosquitos and sunburn.) However, the point is: We catch a lot of interesting [...]
Sometimes “no” really means “no,” and that seems to be the case in Airgas, Inc.’s (ARG) repeated rejection of Air Products & Chemicals, Inc.’s (APD) unsolicited takeover attempts. It’s not exactly a David and Goliath situation, but Air Products – with a market cap of $14.66 billion – is practically three times as large as [...]
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