Topic: ESG

— 3485 items —

Bonus for the board…
February 2, 2004—Corporate attorneys and proxy solicitation firms aren’t the only ones cleaning up from the ongoing war between Oracle (ORCL) and PeopleSoft (PSFT) . According to its preliminary proxy filed on Friday, PeopleSoft began paying its board members an additional $7,500 a month back in June for what it describes as “increased activities resulting in part […]

Connecting the dots…
January 16, 2004—Ikon Office Solutions (IKN) has decided to expand its board from 8 members to 12 members. But in its proxy filed yesterday, it discloses that one of those new board members, Gerald Luterman, is the subject of a formal SEC investigation. Luterman, who currently serves as CFO for KeySpan Corp. (KSE) , is being investigated […]

Place your bets…
January 7, 2004—Disney (DIS) should be filing its proxy any day now and it will be interesting to see whether Air Roy — the airline owned by former Vice Chairman Roy Disney, who resigned in a huff at the end of November — is still in business. In fiscal 2002, the company paid the airline $623,782. It […]

Living large…
December 9, 2003—Casual Male (CMRG) , the retailer that focuses on the big and tall men’s market, has an interesting little disclosure in its 10-Q filed earlier today. For the past few years, it has had a consulting contract with Jewelcor Inc., a company controlled by its Chairman, Seymour Holtzman. For unspecified consulting services — the contract […]

Evelyn’s revenge….
December 3, 2003—After nearly six years, Lucent Technologies (LU) has finally given in to one of the company’s most persistent critics. In its proxy filed yesterday, the company recommended that shareholders vote for a proposal that would require Lucent directors to stand for re-election every year. It’s a 180-degree turn for the company. Since 1998, when shareholder […]

A mighty big allowance…
November 26, 2003—Normally, I don’t spend a lot of time looking at pink-sheet stocks. But a proxy filed yesterday by MotorCar Parts and Accessories (MPAA.PK) caught my attention because it’s a sweet old-fashioned tale of a father helping out his son — a good pre-Thanksgiving yarn. Not to mention the fact that the stock has nearly tripled […]

A helping hand…
November 24, 2003—Helping out your child isn’t necessarily a bad thing. But when you’re a public company and that help starts to approach the high six figures (or seven figures depending on whether you’re reading the 10-K or the proxy), investors deserve a bit more information. On Friday, Net2Phone (NTOP) filed its proxy and noted that it […]

Cleaning up…
November 17, 2003—On Friday, Clean Harbors (CLHB) , a company that specializes in environmental and waste-management services, was the best performing Nasdaq stock, climbing a whopping 46 percent in one day. That was primarily due to some strong third quarter numbers that the company reported on Friday. But you have to wonder how many investors who piled […]

Following the crowd…
October 22, 2003—Up until yesterday, I had never heard of Pumatech (PUMA) , a San Jose software company that primarily focuses on the wireless market. But the company caught my attention when I noticed that they had filed a 200-page plus 10-K yesterday. So I decided to take a closer look, figuring there had to be something […]

A family affair…
October 13, 2003—You have to wonder if while the SEC is poking around at Cardinal Health and taking a closer look at a $22 million litigation settlement as the company announced last week, regulators find other things worth paying closer attention to. In its proxy filed late last week, Cardinal (CAH) discloses several related party transactions with […]