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The markets (and the SEC) may have been closed for the Fourth of July on Friday, but there was no shortage of numbers. Macy’s (M) set off 45,000 pounds of fireworks over the Hudson River from six barges. That same day Nathan’s (NATH) held its annual hot-dog contest where the winner ate 68 hot dogs [...]
Just received a press release from the SEC that it has charged internet entrepreneur Mark Cuban, 50, with insider trading. The release is here on the SEC’s site and the 9 page complaint (pdf) charges Cuban with insider trading — specifically selling 600,000 shares of Mamma.com Inc., which is now known as Copernic (CNIC) and [...]
Over the past few days, we’ve read numerous stories about executives being forced to sell shares as a result of margin calls (see here and here). Late yesterday, Williams Sonoma (WSM) Chairman and CEO W. Howard Lester (who last time we footnoted him was entering into a deal to buy the company’s Bombardier jet) disclosed [...]
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