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This afternoon’s post takes a look at some noteworthy events unfolding around the globe: MetLife, Inc. (MET): In the 8-K that MetLife filed August 2, Exhibit 99.2, page F-34 includes an update on the Italian branch of Alico Life International Ltd.’s (ALIL) fund suspensions in Italy, which relate to allegations that – among other things [...]
We don’t usually write about microcaps but we like to watch how jargon, buzzwords and slang gradually infiltrate the filings. So we made an exception for DNA Brands, Inc. (FPRD), formerly known as Famous Products, Inc. The company’s recent 8-K caught our attention because it used the phrase “brand evangelists.” It’s a phrase you can find examples [...]
Time Warner, Inc. (TWX) filed a short 8-K July 7 that had a couple of interesting sections. First was a disclosure that the company had recast some 2008 and 2009 consolidated financial statements “to reflect the retrospective adoption of amendments to accounting guidance….” The more interesting disclosure involves DC Comics (owned by Time Warner, Inc.), [...]
While the market has been a little shaky today, one of the stocks that has taken a hit is Bob Evans Farms, Inc. (BOBE), whose stock is down 4.21 percent so far today. When we read the annual report filed June 29, though, it’s not all doom and gloom. There are some short-term challenges, but [...]
Taking a private company public involves tremendous financial and human resources, as well as a lot of time. It’s common to see several versions of a registration statement before the company finally sells its stock to the public, and that is certainly true for Tesla Motors, Inc., which has now filed five amendments to the registration [...]
