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Last week, we wrote about the new book, Money for Nothing which takes a hard look at directors of publicly traded companies. On Friday, we came across Exhibit A for the authors when we caught this proxy filed by Bway Holding (BWY), an Atlanta-based company we’re guessing most people aren’t too familiar with, given its [...]
We’ve been skeptical about the deal between Xerox and ACS ever since it was announced on Sept. 28. As we wrote over on Research Edge last month, after the S-4 was filed, this seemed like an awfully good deal for ACS Chairman Darwin Deason and a few other top executives at ACS “and nothing all [...]
Every now and then we come across a particular filing and we ask ourselves: do the attorneys who actually write this stuff believe what they’re writing? That’s exactly the reaction we had when we read the 10-K that Affiliated Computer Services (ACS) filed late yesterday. Here’s a snip: We maintain an overall security program for [...]
On June 30th, company founder Gareth Roberts stepped down as the president and CEO of Denbury Resources Inc. (DNR), an oil and natural gas company that operates in Mississippi, Louisiana, Alabama, and Texas. And, based on the 8-K the company filed yesterday, we know that the concept of the Golden Parachute is alive and well. [...]
Last Thursday, Polo Ralph Lauren Corporation (RL) filed its proxy with the SEC, and – while it wasn’t exactly the same experience as relaxing on the beach with a thriller – it was a pretty dramatic read. Our protagonist is a guy named Ralph. At age 69, he’s at the top of his game. The [...]
