Topic: Friday Night Dump

— 729 items —

At Gannett, easing the way for Dubow…
October 12, 2011—Gannett (GCI) Chairman and Chief Executive Craig A. Dubow stepped down on October 6, citing health problems, a couple years after back surgery and a related leave of absence. The 8-K Gannett issued filed at 5:01 p.m. on Friday is, like its flagship USA Today newspaper, a model of brevity; unfortunately, it’s considerably less informative, […]

The snake rears its head at Tidewater…
October 11, 2011—As much as we obsess about the fineprint, sometimes, we’re still caught by surprise by the seemingly little things in the filings. Take the slide presentation that Tidewater (TDW) executives did last week at the Johnson Rice Energy Conference. Slide No. 4, right after the standard warnings about forward-looking statements and some key bullet points, […]

A serial retiree to study retirement…
October 10, 2011—Given everything else that was going on, you may have missed this press release put out by Marsh & McLennan (MMC) last week about their new Retirement Policy Center. In the press release, Marsh CEO Brian Duperreault said the decision to sponsor the center was “focused on increasing national awareness of a critical issue that […]

In Memoriam: Steve Jobs in the filings…
October 6, 2011—Here at footnoted world headquarters (not to mention our various satellite offices), we’re deep-in when it comes to Apple (AAPL) products and longtime fans of Steve Jobs. Our very first post (back in 2003) was about Apple and we’re typing this post on a MacBookPro while looking at a 27″ Apple monitor (and using a […]

A window into working for Icahn…
October 3, 2011—Carl Icahn is one of the towering figures of activist investing, so when Michelle spotted a curious employment contract from Icahn Enterprises (IEP) at the Friday Night Dump — filed in an 8-K just two minutes before the Securities and Exchange Commission closed its virtual window — she jumped on it. She wrote up what […]

Burying our noses in Groupon’s page-turner…
September 27, 2011—As if it were a young, tech-savvy Scarlett O’Hara, Groupon, Inc. sashayed onto Wall Street and captured the attention of many suitors. And, just as tongues wagged about Scarlett in her day, there have been plenty of juicy stories about Groupon’s break-up with its Chief Operating Officer after only five months; a secret-but-leaked memo that […]

Printing money at Temple-Inland…
September 26, 2011—Given that we’re talking about two paper-goods companies here — Temple Inland (TIN), which plans to be acquired by International Paper (IP) — we should probably make clear at the outset that we mean “printing money” metaphorically. But the money involved is very real: Together, two of the executives involved could to collect well north […]

Wanting a half-full glass from Lockheed Martin…
September 23, 2011—Yesterday was a big day for Lockheed Martin (LMT). Besides news that it had established the Executive Office of the Chairman (to enhance responsiveness), shareholders learned that the board approved a 4th quarter dividend of $1.00 per share and a stock repurchase of up to $2.5 billion. Also announced: an infrastructure upgrade so that the […]

More golden years: Sempra Energy & Twin Disc…
September 22, 2011—On Wednesday, we footnoted a retirement sweetener for the new chief executive of Wendy’s (WEN). But it’s far from the only company goosing executive retirement benefits for the folks that run things. So while you watch this morning’s stock-market rout, consider the ways some corporate executives and directors are protecting their own futures: — Nestled […]

A moving occasion at Dynex Capital…
September 14, 2011—Dynex Capital (DX) makes its money investing in mortgages and mortgage securities. Let’s hope most of its portfolio has better terms than it recently negotiated with its own chief investment officer, Byron L. Boston. Dynex is based in Glen Allen, Virginia, just north of Richmond, and Boston joined the real-estate investment trust in the spring […]