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Every now and then, we come across a slide in some seemingly boring presentation to a group of analysts that actually catches our attention. That’s exactly what happened when we saw this 30-page presentation filed in an 8-K by eyewear manufacturer FGX International (FGXI). But it was this slide in particular: We can understand the [...]
Last Friday, it was AIG (AIG) that was blaming the media for its woes. This week, it’s Smithfield Foods’ (SFD) turn. In this presentation filed as part of an 8-K earlier this week and given by Smithfield President C. Larry Pope on Wednesday, Smithfield noted that between April 23-26, “media and blogs speculate on possible [...]
With literally hundreds of 10Ks coming across the screen this week, it’s hard to spend too much time on any one. Instead, I find myself looking for a quick snack — something tasty and satisfying enough to help get me through the next batch of filings — the equivalent of a Big Mac and full-HFCS [...]
Every so often, we take a break from our usual trawl through SEC filings to talk about a real life experience with a publicly traded company. On Friday night, a normally robust time for filings, I kicked off early to head up to Saratoga Springs and catch Elvis Costello and the Police in a concert [...]
As we head into the Fourth of July holiday and what will no doubt be a weekend full of BBQs, I can’t seem to get a number that I saw in the 10K that Smithfield Foods (SFD) filed last week out of my head: their slaughter capacity in the U.S. has now reached 122,000 pigs [...]
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