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Good old Ben Franklin has been held up as a paragon of thrift and financial virtue in this country for two centuries — and for good reason. He published Poor Richard’s Almanack and gets credit for such pithy sayings as that bit about early to bed and early to rise, as well as “a penny [...]
Measuring up against the competition is always tough, especially when there’s someone in the field that never seems to slip up too badly. MetLife (MET) found a way around the problem recently: It just chose to ignore the star. We found the bit of fancy footwork (worthy of its dancing mascot, Snoopy) in an 8-K [...]
Disney’s annual meeting this coming spring probably won’t be the happiest place on earth, but it sure could be interesting. UNITE HERE, the big service union that started in the needle and hospitality trades, fired a warning shot across the company’s bow yesterday with two shareholder proposals in Disney’s preliminary proxy: 1. That the Board of [...]
News that Megamind was the #1 movie this past weekend with ticket sales of $47.7 million may ameliorate shareholders’ reaction to the disclosure that DreamWorks Animation SKG, Inc. (DWA) just handed out bonuses worth $17.55 million. Of course, in this case, we’re not talking about Megamind and Metro Man, but characters better known as Jeffrey [...]
Judging by the headlines, NewsCorp (NWSA) and its cantankerous chief, Rupert Murdoch, have riled up plenty of folks. To name just a few: Democrats in the U.S. and Labour Party MPs in the UK; Cablevision negotiators and cable television viewers (and lawmakers); shareholder activists and corporate-governance watchdogs. But look at the results of the company’s [...]
