Entries by Footnoted

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Knight Capital exec leaves, sort of…

Just over two years ago, in May, 2008, Knight Capital Group, Inc. (KCG) acquired Libertas Holdings, LLC, described in this 8-K as —a leading boutique institutional fixed income brokerage firm. In addition to acquiring a firm, Knight brought in Libertas— founder and CEO, Gary Katcher, as a new member of its management team. At the […]

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Tuning in to Viacom exec’s new comp deal…

The 10-Q that Viacom, Inc. (VIA) filed August 5 was just the reminder we needed to tell you about a juicy agreement that was signed several weeks ago. The document in question is the May 27, 2010 Employment Agreement between Viacom and Thomas Dooley; it’s Exhibit 10.1 to the 10-Q. (Viacom actually first disclosed its […]

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Globetrotting with footnoted__»

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 […]

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A sudden departure from Molina Healthcare…

When an executive leaves a company abruptly eight months after he signed a new employment agreement, it catches our attention. On New Year’s Eve, 2009, Long Beach-based Molina Healthcare, Inc. (MOH), a managed health care company that provides healthcare to recipients of government assistance, entered into Amended and Restated Employment Agreements with three of its […]

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Rosy future ahead for departing PartnerRe exec…

Today, after the market closes, international reinsurance company PartnerRe Ltd. (PRE) will release its 2010 second quarter and half-year results. Since the crystal ball is still in the shop, we don—t know exactly what the results will be. But we do know — based on an 8-K that PartnerRe filed August 3 — that the […]

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Comverge’s $175 million relocation agreement…

The quarterly report that Comverge, Inc. (COMV) filed July 30 left us hoping that the company’s attorneys, accountants, and especially Steve Moffitt, its Executive Vice-President of Engineering and Operations, all have good senses of humor. We chuckled at Exhibit 10.5 to the Q, the company’s Executive Employment Agreement with Moffitt. Once you get past the […]

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Revisiting a quiet goodbye at PSS World Medical…

While reading the proxy that PSS World Medical, Inc. (PSSI) filed July 14, we discovered an interesting transition that got little press when it occurred, other than by a couple of publications in Florida. The event itself seemed surprising, in that on January 27, 2010, Jacksonville, Florida-based PSS World Medical released FY 2010 3rd quarter […]

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Spreading “Brand Evangelism”__»

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 […]