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Halloween’s just three weeks away (and I’m sure after four weeks of market mayhem, we can all use some sickly sweet treats). But just in case you forgot, Rite Aid (RAD) issued this press release on Wednesday to remind people that Halloween was a good time to cut loose: “Since Halloween falls on a Friday, [...]
Yesterday, Sovereign Bancorp (SOV), a 750-branch bank focused on the Northeast corridor that’s had its share of troubles, announced a series of management changes, including the departure of its CEO, Joseph P. Campanelli by the end of the day. The release, as these sorts of things always do, noted that Campanelli was leaving to “pursue [...]
Scary events like Lehman’s fall and AIG’s takeover are inspiring what you might call “Prozac disclosures,” intended to soothe anxious investors. For example, on Friday Constellation Energy Partners (CEP) reported to investors that it had no bad news to report. In this press release, it said it had “no hedging or other contractual counterparty exposure” to [...]
Now that the SEC has embraced Twitter and issued new rules on the use of corporate web sites, you’d expect all sorts of companies to be jumping in with both feet. But that’s not exactly the case at Pionner Drilling (PDC). Yesterday, after the market closed, the company filed this short 8K that was packed [...]
We’re still digging out from a heaping pile of Qs here at footnoted, but didn’t want to let this one from Key Corp. (KEY) filed last Friday slip through the cracks. It’s not so much the Q, but the exhibit attached to the filing that sparked our interest. First, the back story: back on July [...]
