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On June 25, 2010, the shareholders of XTO Energy, Inc. (XTO) will decide at a special shareholders’ meeting whether or not XTO should become a wholly owned subsidiary of ExxonMobil Corp. (XOM).
When Michelle wrote about the deal last December, she noted at the time that XTO’s senior executives had agreed to take consulting agreements rather [...]
On Friday morning, we noted that the U.S. Senate had passed a bill requiring, among many other things, that candidates for corporate boards tender their resignation if they failed to get a majority of votes cast by shareholders. Little did we know at the time, but Cablevision Systems (CVC) was busily preparing to beam us [...]
One of my alma mater’s big claims to fame is that Smart Balance was invented by Brandeis scientists, including one who served as my freshman advisor (before I made the switch to economics). Indeed, Brandeis lists it prominently on its site as a Points of Pride, along with details about Nobel Prize and Pulitzer winners.
Given [...]
Based on the 10-Q that Philip Morris International, Inc. (PM) filed last Friday, we’re betting that its lawyers have been working some long hours lately.
The 75-page Q discloses lots of information about current litigation, initiatives to ban and/or limit ingredients that make cigarettes palatable to consumers, and health warning requirements. But the issue that [...]
It’s been a while since we’ve looked at Chesapeake Energy Corp. (CHK), where the past few years’ events have been decidedly more exciting for some (CEO Aubrey McClendon and the NEOs come to mind) than for others (read: shareholders).
Last Friday, Chesapeake filed its annual proxy, so it seemed like a good time to check in on [...]
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