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The scribes, delivery drivers, press workers and others in the sprawling news and publishing empire of Gannett (GCI) have had a rough few years of it. In recent weeks alone, there have been as many as 189 unannounced job cuts at last count, on the heels of 255 in November; as many as 20,000 newspaper [...]
The recent weeks brought a flood of quarterly reports as companies on calendar years rushed to file their 10-Qs with the Securities and Exchange Commission. In that welter of documents, one thing stood out: Even executives are worried who’s going to pay for health care. Now, we’re not suggesting that you shed any tears for [...]
You may remember back in March, shortly after the health care reform legislation was passed, that a small company called AT&T (T) made a big splash by announcing plans to take a $1 billion charge to cover the cost of the new regulations. Soon after, several other companies followed suit. The basic reasoning for the [...]
Lawyers are a cautious bunch, but when it comes to the corporate sort, they also have a reputation for a certain dullness: They’re not exactly supposed to get carried away with flights of fancy, especially not when drafting public disclosures. So we were a little surprised to find a new risk factor listed on page [...]
Corporate disclosures about the federal health-reform legislation passed this spring continue to trickle in, with some striking differences in how companies see the measure. Most of the disclosures are simply additional companies disclosing the tax-hit we (and others) have already written about, stemming from changes to a federal subsidy for retiree-health plans. Some of the [...]
