By Nathaniel Parish Flannery, Research Analyst Last week, Calstrs, the California State Teachers’ Retirement System, (@CalSTRS) a major U.S. pension fund, said that Facebook Inc. should diversify the makeup of its all-male board and separate the chairman position from chief executive officer role. Although Facebook has received a lot of...
- Nell Minow
By Nathaniel Flannery, Research Analyst Even though he was convicted of kidnapping and assault, the board at Hanwha Group, a Korean conglomerate that makes explosives and chemicals, did not ask its chairman, Kim Seung-youn to retire, a move that might have helped the company avoid damaging its brand. Now, prosecutors...
- Nell Minow
By Paul Hodgson - CCO and Senior Research Associate Corporate Dollar Menu Thanks to Events Analyst Dovid Muyderman for both this February 6th 8-K from U.S. Steel, and for the headline. On January 31, 2012, U. S. Steel Serbia B.V., a wholly owned subsidiary of United States Steel Corporation (U....
- Nell Minow
By Kimberly Gladman, CFA, Ph.D. - Director of Research and Risk Analytics Yesterday, Diamond Foods’ stock plunged on the announcement that it would restate its financials for 2010 and 2011, a move that may reduce its earnings for those years by half and derail the company’s planned acquisition of Pringles...
- Nell Minow
From our very own Mark Magee - Events Team Leader and Cartoonist Extraordinaire. Quite simply the greatest novelist in the English language.
- Nell Minow
Health Management Associates, Inc., litigation risk, accounting risk, equity risk
By Paul Hodgson - CCO and Senior Research Associate The AGR for Health Management Associates (HMA) fell well before any outward hint of trouble. During the period from September, 2009 through September, 2011, HMA’s AGR fell from 93 on a scale of 100 (“Conservative”) to 16 (“Aggressive”). Not only that,...
- Nell Minow
by Greg Ruel- Research Associate Nabors Industries Ltd. announced in a release this morning that chairman Eugene Isenberg voluntarily terminated his employment agreement entitling him to a $100 million termination payment. A payment he stood to received due to a "change in responsibility" marked by his stepping down as CEO...
- Nell Minow
By Paul Hodgson - CCO and Senior Research Associate In an article published on Sunday, the FT reports on CalPERS discontent about having its proposal on majority voting for directors at Apple ignored by the company, despite the fact that it was supported by 73 percent of shareholders at last...
- Nell Minow