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Archive for the 'economy' Tag

Double dipping in the filings…

Wednesday, September 1st, 2010

Hardly a day goes by without hearing somebody’s opinion on whether we’re headed for a double-dip recession. Last week, it was Fed Chief Ben Bernake saying he would do whatever he could to avoid the double dip, which as this NPR story shows is being viewed as an increasing possibility. And this morning, there’s a [...]

Unpacking FedEx’s annual report…

Monday, July 19th, 2010

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 [...]

La-Z-Boy’s cushy compensation decisions…

Wednesday, July 7th, 2010

Much like the ubiquitous recliner itself, La-Z-Boy Inc.’s stock (LZB) has been rocking back and forth lately.  But when we read the proxy that it filed July 6, we found our interest most piqued by some executive compensation changes. The filing noted that, in the wake of 2008′s economic meltdown, La-Z-Boy’s executives did not get a [...]

Watching for the bulls to return…

Friday, February 26th, 2010

As the SEC deadline looms for large accelerated filers to file their 10-Ks by Monday, we’re reviewing literally hundreds of filings a day.  Besides disclosing the state of their own debts, revenues, legal affairs (and so much more!), many companies are also discussing the state of the economy and what they think the future holds. [...]

TFS Financial Corp. Discusses its Loan Woes

Tuesday, December 1st, 2009

Given the paucity of filings on Friday, we couldn’t help but pay attention to the 10-K that TFS Financial Corp. (TFSL) filed. The company actually tried to sneak it in late Wednesday — around 6:30 pm. But the SEC was closed for Thanksgiving by then so it wound up getting accepted on Friday morning. Granted, [...]